Under the Euro Medium Term Note Programme ... - Finance - EDF

Terms and Conditions of the Notes
below), or any guarantee or indemnity in respect of any Indebtedness,
without at the same time according to the Notes the same security.
(b)
For the purposes of this Condition 4 and Condition 9 (Events of Default),
"Indebtedness" means any indebtedness of the Issuer which, in each case,
is in the form of or represented by any bond, note, debenture, debenture
stock, loan stock, certificate or other instrument which is, or is capable of
being, listed, quoted or traded on any stock exchange or in any securities
market (including, without limitation, any over-the-counter market).
For the avoidance of doubt, the Indebtedness shall include any obligations of
the Issuer under dematerialised debt securities that may be issued from time
to time by the Issuer and are traded under a book-entry transfer system.
5. Interest and other Calculations
(a)
Definitions: In these Conditions, unless the context otherwise requires, the
following defined terms shall have the meanings set out below. Certain
defined terms contained in the 2007 FBF Master Agreement relating to
transactions on forward financial instruments as supplemented by the
Technical Schedules published by the Fédération Bancaire Française
("FBF") (together the "FBF Master Agreement") and in the 2006 ISDA
Definitions published by the International Swaps and Derivatives Association,
Inc. ("ISDA"), have either been used or reproduced in this Condition 5.
"Business Day" means:
(i)
(ii)
(iii)
in the case of Euro, a day on which TARGET2 (as defined below) is
operating (a "TARGET Business Day"); and/or
in the case of a specified currency other than Euro, a day (other than
a Saturday or Sunday) on which commercial banks and foreign
exchange markets settle payments in the principal financial centre for
that currency (which, in the case of Renminbi, shall be Hong Kong);
and/or
in the case of a specified currency and/or one or more Business
Centre(s) specified in the relevant Final Terms (the "Business
Centre(s)"), a day (other than a Saturday or a Sunday) on which
commercial banks and foreign exchange markets settle payments in
such currency in the Business Centre(s) or, if no currency is
indicated, generally in each of the Business Centres so specified.
"Day Count Fraction" means, in respect of the calculation of an amount of
interest on any Note for any period of time (from and including the first day of
such period to but excluding the last) (whether or not constituting an Interest
Accrual Period or Interest Period, the "Calculation Period"):
(i)
if "Actual/365 – FBF" is specified in the relevant Final Terms, the
fraction whose numerator is the actual number of days elapsed
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