Common use of Authentication and exchange Clause in Contracts

Authentication and exchange. At least 14 days before any Exchange Date (as defined in the Global Note), the Issuer will deliver or procure the delivery of definitive Notes in an aggregate principal amount equal to the outstanding principal amount of the Global Note or such lesser interest in the Global Note which is to be exchanged to or to the order of the Fiscal Agent. Such definitive Notes shall have attached all Coupons in respect of interest which has not already been paid against presentation of the Global Note. The Fiscal Agent (or its agent on its behalf) shall authenticate such definitive Notes and shall make them and the Coupons available for exchange against the Global Note in accordance with the Global Note. If the Global Note is not to be exchanged in full, the Fiscal Agent shall endorse, or procure the endorsement of, a memorandum of the principal amount of the Global Note exchanged in the appropriate schedule to the Global Note and shall return the Global Note to the bearer. On exchange in full of the Global Note the Fiscal Agent shall cancel it and, if so requested by the bearer, return it to the bearer.