Common use of Mandatory Settlement of Arrears of Interest Clause in Contracts

Mandatory Settlement of Arrears of Interest. The Issuer shall notify the Principal Paying Agent and the Trustee at least 30 but not more than 60 Business Days’ prior to the exchange or variation of the Securities in accordance with Condition 7 (Exchange or Variation upon a Withholding Tax Event, Tax Deductibility Event, Rating Methodology Event or Accounting Event and Preconditions to such Exchange or Variation), specifying the date fixed for such exchange or variation.

Mandatory Settlement of Arrears of Interest. The Issuer shall notify the Principal Paying Agent and the Trustee at least 30 10 but not more than 60 Business Days’ prior to the exchange or variation of the Securities in accordance with Condition 7 (Exchange or Variation upon a Withholding Tax Event, Tax Deductibility Event, Rating Methodology Event or Accounting Event and Preconditions to such Exchange or Variation), specifying the date fixed for such exchange or variation.

Mandatory Settlement of Arrears of Interest. The Issuer shall notify the Principal Paying Agent and the Trustee at least 30 10 but not more than 60 Business Days’ ' prior to the exchange or variation of the Securities in accordance with Condition 7 (Exchange or Variation upon a Withholding Tax Event, Tax Deductibility Event, Rating Methodology Event or Accounting Event and Preconditions to such Exchange or Variation), specifying the date fixed for such exchange or variation.