Under the Euro Medium Term Note Programme ... - Finance - EDF
Under the Euro Medium Term Note Programme ... - Finance - EDF
Under the Euro Medium Term Note Programme ... - Finance - EDF
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<strong>Term</strong>s and Conditions of <strong>the</strong> <strong>Note</strong>s<br />
price of <strong>the</strong> <strong>Note</strong>s if <strong>the</strong>y were discounted back to <strong>the</strong>ir issue<br />
price on <strong>the</strong> Issue Date) compounded annually.<br />
(C)<br />
If <strong>the</strong> Early Redemption Amount payable in respect of any<br />
such <strong>Note</strong> upon its redemption pursuant to Condition 6(f) or<br />
Condition 6(j) or upon it becoming due and payable as<br />
provided in Condition 9 is not paid when due, <strong>the</strong> Early<br />
Redemption Amount due and payable in respect of such <strong>Note</strong><br />
shall be <strong>the</strong> Amortised Nominal Amount of such <strong>Note</strong> as<br />
defined in sub-paragraph (B) above, except that such subparagraph<br />
shall have effect as though <strong>the</strong> date on which <strong>the</strong><br />
Amortised Nominal Amount becomes due and payable were<br />
<strong>the</strong> Relevant Date. The calculation of <strong>the</strong> Amortised Nominal<br />
Amount in accordance with this sub-paragraph shall continue<br />
to be made (both before and after judgment) until <strong>the</strong> Relevant<br />
Date, unless <strong>the</strong> Relevant Date falls on or after <strong>the</strong> Maturity<br />
Date, in which case <strong>the</strong> amount due and payable shall be <strong>the</strong><br />
scheduled Final Redemption Amount of such <strong>Note</strong> on <strong>the</strong><br />
Maturity Date toge<strong>the</strong>r with any interest that may accrue in<br />
accordance with Condition 5(d) (Zero Coupon <strong>Note</strong>s).<br />
Where such calculation is to be made for a period of less than<br />
one year, it shall be made on <strong>the</strong> basis of <strong>the</strong> Day Count<br />
Fraction shown in <strong>the</strong> relevant Final <strong>Term</strong>s.<br />
(ii)<br />
O<strong>the</strong>r <strong>Note</strong>s:<br />
The Early Redemption Amount payable in respect of any <strong>Note</strong> (o<strong>the</strong>r<br />
than <strong>Note</strong>s described in (i) above), upon redemption of such <strong>Note</strong><br />
pursuant to Condition 6(f) or Condition 6(j), or upon it becoming due<br />
and payable as provided in Condition 9 shall be <strong>the</strong> Final Redemption<br />
Amount toge<strong>the</strong>r with interest accrued to <strong>the</strong> date fixed for redemption<br />
unless o<strong>the</strong>rwise provided in <strong>the</strong> relevant Final <strong>Term</strong>s.<br />
(f)<br />
Redemption for Taxation Reasons:<br />
(i)<br />
If, by reason of any change in French law or published regulations<br />
becoming effective after <strong>the</strong> Issue Date, <strong>the</strong> Issuer would on <strong>the</strong><br />
occasion of <strong>the</strong> next payment of principal or interest due in respect of<br />
<strong>the</strong> <strong>Note</strong>s, not be able to make such payment without having to pay<br />
additional amounts as specified under Condition 8(b) (Additional<br />
Amounts) below, <strong>the</strong> Issuer may, at its option, on any Interest<br />
Payment Date (if this <strong>Note</strong> is ei<strong>the</strong>r a Floating Rate <strong>Note</strong> or an Index-<br />
Linked <strong>Note</strong>) or, at any time (if this <strong>Note</strong> is nei<strong>the</strong>r a Floating Rate<br />
<strong>Note</strong> nor an Index Linked <strong>Note</strong>), subject to having given not more than<br />
60 nor less than 30 days' notice to <strong>the</strong> <strong>Note</strong>holders (which notice shall<br />
be irrevocable), in accordance with Condition 15 (Notices), redeem all,<br />
but not some only, of <strong>the</strong> <strong>Note</strong>s at <strong>the</strong>ir Early Redemption Amount<br />
toge<strong>the</strong>r with any interest accrued to <strong>the</strong> date set for redemption<br />
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