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
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Term</strong>s and Conditions of <strong>the</strong> <strong>Note</strong>s<br />
Paying Agents referred to in (iv) above) that will not be obliged to<br />
withhold or deduct tax pursuant to any law implementing <strong>Euro</strong>pean<br />
Council Directive 2003/48/EC of 3 June 2003 on taxation of savings<br />
income in <strong>the</strong> form of interest payments, or any o<strong>the</strong>r Directive<br />
implementing <strong>the</strong> conclusions of <strong>the</strong> ECOFIN Council meeting of 26-<br />
27 November 2000 on <strong>the</strong> taxation of savings income;<br />
(vi)<br />
(vii)<br />
in <strong>the</strong> case of Dematerialised <strong>Note</strong>s, in fully registered form, a<br />
Registration Agent; and<br />
such o<strong>the</strong>r agents as may be required by any o<strong>the</strong>r Regulated<br />
Market on which <strong>the</strong> <strong>Note</strong>s may be admitted to trading.<br />
In addition, <strong>the</strong> Issuer shall forthwith appoint a Paying Agent in New York City<br />
in respect of any Materialised Bearer <strong>Note</strong>s denominated in U.S. Dollars in<br />
<strong>the</strong> circumstances described in paragraph (c) above.<br />
On a redenomination of <strong>the</strong> <strong>Note</strong>s of any Series pursuant to Condition 1(d)<br />
(Redenomination) with a view to consolidating such <strong>Note</strong>s with one or more<br />
o<strong>the</strong>r Series of <strong>Note</strong>s, in accordance with Condition 14 (Fur<strong>the</strong>r Issues and<br />
Consolidation), <strong>the</strong> Issuer shall ensure that <strong>the</strong> same entity shall be appointed<br />
as both Redenomination Agent and Consolidation Agent in respect of both<br />
such <strong>Note</strong>s and such o<strong>the</strong>r Series of <strong>Note</strong>s to be so consolidated with such<br />
<strong>Note</strong>s.<br />
Notice of any such change or any change of any specified office shall<br />
promptly be given to <strong>the</strong> <strong>Note</strong>holders in accordance with Condition 15<br />
(Notices).<br />
(f)<br />
Unmatured Coupons and Receipts and unexchanged Talons<br />
(i)<br />
(ii)<br />
Upon <strong>the</strong> due date for redemption, Materialised Bearer <strong>Note</strong>s which<br />
comprise Fixed Rate <strong>Note</strong>s (o<strong>the</strong>r than Dual Currency <strong>Note</strong>s or<br />
Index-Linked <strong>Note</strong>s) should be surrendered for payment toge<strong>the</strong>r<br />
with all unmatured Coupons (if any) relating <strong>the</strong>reto, failing which an<br />
amount equal to <strong>the</strong> face value of each missing unmatured Coupon<br />
(or, in <strong>the</strong> case of payment not being made in full, that proportion of<br />
<strong>the</strong> amount of such missing unmatured Coupon that <strong>the</strong> sum of<br />
principal so paid bears to <strong>the</strong> total principal due) shall be deducted<br />
from <strong>the</strong> Final Redemption Amount, Amortised Nominal Amount,<br />
Early Redemption Amount or Optional Redemption Amount, as <strong>the</strong><br />
case may be, due for payment. Any amount so deducted shall be<br />
paid in <strong>the</strong> manner mentioned above against surrender of such<br />
missing Coupon within a period of 10 years from <strong>the</strong> Relevant Date<br />
for <strong>the</strong> payment of such principal (whe<strong>the</strong>r or not such Coupon has<br />
become void pursuant to Condition 10 (Prescription)).<br />
Upon <strong>the</strong> due date for redemption of any such Materialised Bearer<br />
<strong>Note</strong> comprising a Floating Rate <strong>Note</strong>, Dual Currency <strong>Note</strong> or Index-<br />
Linked <strong>Note</strong>, unmatured Coupons relating to such <strong>Note</strong> (whe<strong>the</strong>r or<br />
-97 -