Common use of Appointment and Duties of the Calculation Agent Clause in Contracts

Appointment and Duties of the Calculation Agent. 13.1 The Calculation Agent in respect of a specific issuance of Notes shall act in accordance with the Conditions. If the Relevant Paying Agent shall act as Calculation Agent, such fact will be indicated in the Supplemental Agency Agreement. The Issuer will notify the Calculation Agent by forwarding the applicable pricing prospectus according to the time-line agreed with the Calculation Agent. 13.2 Subject to Clause 13.4, the Calculation Agent shall in respect of each issuance of Notes in relation to which it is appointed as such: 13.2.1 obtain such quotes and rates and/or make such determinations, calculations, adjustments and notifications as may be required to be made by it as specified in the Conditions; 13.2.2 maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such record available for inspection at all reasonable times during normal business hours by the Issuer and the Relevant Paying Agent; and 13.2.3 shall communicate to the Relevant Paying Agent in a timely manner the determinations and calculations made by such Calculation Agent in respect of such Notes. 13.3 If the Calculation Agent is unable for any reason to perform the duties specified in Clause 13.2.1 above, it shall forthwith notify the Issuer and the Relevant Paying Agent of such fact. 13.4 If the Issuer has appointed a Determination Agent with respect to which the Calculation Agent is appointed, the determinations made by such Determination Agent in respect of the bases (such as interest rates, conversion rates, prices, indices or otherwise) for the calculations to be made by such Calculation Agent communicated by the Determination Agent to the Calculation Agent shall be binding on the Calculation Agent.

Appointment and Duties of the Calculation Agent. 13.1 9.1 The Issuer, and for the purposes of Clause 7.9 only, the Trustee appoint the Principal Paying Agent at its specified office as Calculation Agent in relation to each Series of Notes in respect of which it is named as such in the relevant Final Terms for the purposes specified in this Agreement and in the Conditions. 9.2 The Principal Paying Agent accepts its appointment as Calculation Agent in relation to each Series of Notes in respect of which it agrees to be named as such in the relevant Final Terms and shall perform all matters expressed to be performed by it in, and otherwise comply with, the Conditions and the provisions of this Agreement. The Principal Paying Agent acknowledges and agrees that it shall be named in the relevant Final Terms as Calculation Agent in respect of a specific issuance each Series of Notes shall act in accordance unless the Dealer (or one of the Dealers) through whom such Notes are issued has agreed with the Conditions. If the Relevant Paying Agent shall Issuer to act as Calculation Agent, such fact will be indicated in Agent or the Supplemental Agency Agreement. The Issuer will notify the Calculation Agent by forwarding the applicable pricing prospectus according otherwise agrees to the time-line agreed with the appoint another institution as Calculation Agent. 13.2 Subject to Clause 13.4, the 9.3 The Calculation Agent shall in respect of each issuance Series of Notes in relation to which it is appointed as such: 13.2.1 (a) obtain such quotes and rates and/or make all such determinations, calculations, adjustments adjustments, notifications and notifications publications as may be required to be made by it as specified under the Conditions at the times and otherwise in accordance with the Conditions; 13.2.2 (b) maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such record available for inspection at all reasonable times during normal business hours by the Issuer and the Relevant Paying AgentAgents; and 13.2.3 shall communicate to (c) publish all such rates and amounts as required by the Relevant Paying Agent in a timely manner the determinations and calculations made by such Calculation Agent in respect of such NotesConditions. 13.3 If (d) determine the Calculation Agent is unable redemption amounts for the Notes for the purposes of any reason to perform the duties specified in Clause 13.2.1 above, it shall forthwith notify redemption by the Issuer and pursuant to Condition 7.3 (Redemption at the Relevant Paying Agent option of such fact. 13.4 If the Issuer has appointed a Determination Agent with respect to which – Make-Whole Redemption by the Calculation Agent is appointed, the determinations made by such Determination Agent in respect Issuer) of the bases (such as interest rates, conversion rates, prices, indices or otherwise) for Conditions in accordance with the calculations to be made by such Calculation Agent communicated by the Determination Agent to the Calculation Agent shall be binding on the Calculation AgentConditions.

Appointment and Duties of the Calculation Agent. 13.1 10.1 The Fiscal Agent shall act as Calculation Agent in respect of a specific issuance of Notes shall act unless another institution is appointed as Calculation Agent in respect of such issuance in accordance with the ConditionsSpecific Terms. If the Relevant Paying Fiscal Agent shall act as Calculation Agent, such fact will be indicated in the Supplemental Agency AgreementSpecific Terms. The In such case the Issuer will notify the Calculation Fiscal Agent by forwarding the applicable pricing prospectus according to Specific Terms in a timely manner before the time-line agreed with first date on which the Calculation AgentAgent is required to make any calculation or determination. 13.2 10.2 Subject to Clause 13.410.4, the Calculation Agent shall in respect of each issuance of Notes in relation to which it is appointed as such: 13.2.1 10.2.1 obtain such quotes and rates and/or make such determinations, calculations, adjustments and notifications as may be required to be made by it as specified in the Conditions;Conditions and the Administrative Procedures; and 13.2.2 10.2.2 maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such record available for inspection at all reasonable times during normal business hours by the Issuer and the Relevant Paying Fiscal Agent; and 13.2.3 shall communicate to the Relevant Paying Agent in a timely manner the determinations and calculations made by such Calculation Agent in respect of such Notes. 13.3 10.3 If the Calculation Fiscal Agent is unable for any reason to perform the duties specified in Clause 13.2.1 10.2.1 above, it shall forthwith notify the Issuer and the Relevant Paying Agent of such fact. 13.4 10.4 If the Issuer has appointed a Determination Agent in the Specific Terms relating to floating rate notes with respect to which the Calculation Agent is appointed, the determinations made by such Determination Agent in respect of the bases (such as interest rates, conversion rates, prices, indices or otherwise) for the calculations to be made by such Calculation Determination Agent communicated by the Determination Agent to the Calculation Agent shall be binding on the Calculation Agent.

Appointment and Duties of the Calculation Agent. 13.1 10.1 The Fiscal Agent shall act as Calculation Agent in respect of a specific issuance of Notes shall act unless another institution is appointed as Calculation Agent in respect of such issuance in accordance with the ConditionsSpecific Terms. If the Relevant Paying Fiscal Agent shall act as Calculation Agent, such fact will be indicated in the Supplemental Agency AgreementSpecific Terms. The In such case the Issuer will notify the Calculation Fiscal Agent by forwarding the applicable pricing prospectus according to Specific Terms in a timely manner before the time-line agreed with first date on which the Calculation AgentAgent is required to make any calculation or determination. 13.2 10.2 Subject to Clause 13.410.4, the Calculation Agent shall in respect of each issuance of Notes in relation to which it is appointed as such: 13.2.1 10.2.1 obtain such quotes and rates and/or make such determinations, calculations, adjustments and notifications as may be required to be made by it as specified in the Conditions;Conditions and the Administrative Procedures; and 13.2.2 10.2.2 maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such record available for inspection at all reasonable times during normal business hours by the Issuer and the Relevant Paying Fiscal Agent; and 13.2.3 shall communicate to the Relevant Paying Agent in a timely manner the determinations and calculations made by such Calculation Agent in respect of such Notes. 13.3 10.3 If the Calculation Fiscal Agent is unable for any reason to perform the duties specified in Clause 13.2.1 10.2.1 above, it shall forthwith notify the Issuer and the Relevant Paying Agent of such fact. 13.4 10.4 If the Issuer has appointed a Determination Agent in the Specific Terms relating to floating rate notes with respect to which the Calculation Agent is appointed, the determinations made by such Determination Agent in respect of the bases (such as interest rates, conversion rates, prices, indices or otherwise) for the calculations to be made by such Calculation Determination Agent communicated by the Determination Agent to the Calculation Agent shall be binding on the Calculation Agent.