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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 />

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 />

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