Common use of AUTHENTICATION AND EFFECTUATION Clause in Contracts

AUTHENTICATION AND EFFECTUATION. This permanent Global Note shall not become valid or enforceable for any purpose unless and until it has been authenticated by or on behalf of the Fiscal Agent and effectuated by the common safekeeper. The Notes are not, at the date of issue of this Global Note, intended to be held in a manner which would allow Eurosystem eligibility. However, should the Eurosystem eligibility criteria be amended in the future such that the Notes are capable of meeting them this Global Note may then be deposited with one of Euroclear or Clearstream, Luxembourg as common safekeeper. This does not necessarily mean that the Notes represented by the Global Notes will then be recognised as eligible collateral for Eurosystem monetary policy and intra day credit operations by the Eurosystem at any time during their life, such recognition depending upon the European Central Bank being satisfied that Eurosystem eligibility criteria have been met.

AUTHENTICATION AND EFFECTUATION. This permanent temporary Global Note shall not become valid or enforceable for any purpose unless and until it has been authenticated by or on behalf of the Fiscal Agent and effectuated by the common safekeeper. The Notes are not, at the date of issue of this Global Note, intended to be held in a manner which would allow Eurosystem eligibility. However, should the Eurosystem eligibility criteria be amended in the future such that the Notes are capable of meeting them this Global Note may then be deposited with one of Euroclear or Clearstream, Luxembourg as common safekeeper. This does not necessarily mean that the Notes represented by the Global Notes will then be recognised as eligible collateral for Eurosystem monetary policy and intra day credit operations by the Eurosystem at any time during their life, such recognition depending upon the European Central Bank being satisfied that Eurosystem eligibility criteria have been met.

AUTHENTICATION AND EFFECTUATION. This permanent Temporary Global Note shall not become be valid or enforceable for any purpose unless and until it has been authenticated by or for and on behalf of the BNP Paribas Securities Services, Luxembourg branch as Fiscal Agent and effectuated by the entity appointed as common safekeepersafekeeper by the relevant Clearing Systems. The Notes are not, at the date of issue of this Global Note, intended to be held in a manner which would allow Eurosystem eligibility. However, should the Eurosystem eurosystem eligibility criteria be amended in the future and as such that the Notes are capable of meeting them this Global Note may then is intended upon issue to be deposited with one of Euroclear or Clearstream, Luxembourg as common safekeeper. This does not necessarily mean that the Notes represented by the Global Notes will then be recognised as eligible collateral for Eurosystem monetary policy and intra day credit operations by the Eurosystem either upon issue or at any time or all times during their life, such recognition depending upon the European Central Bank being satisfied that Eurosystem eligibility criteria have been met).