Common use of Redemption and Purchase Clause in Contracts

Redemption and Purchase. (a) Redemption at maturity (b) Redemption at the option of the Issuer (Issuer Call) (i) not less than 15 nor more than 30 days' notice to the Ordinary Noteholders in accordance with Condition 12 below; and (ii) not less than 15 days before the giving of the notice referred to in (i) above, notice to the Principal Paying Agent, and to the Note Registrar, (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Ordinary Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in the applicable Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than the Minimum Redemption Amount or not more than the Maximum Redemption Amount, in each case as may be specified in the applicable Final Terms. In the case of a partial redemption of Ordinary Notes, the Ordinary Notes to be redeemed (Redeemed Notes) will be selected individually by lot, in the case of Redeemed Notes represented by definitive Ordinary Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) and in the case of Redeemed Notes represented by a Global Note, not more than 30 days prior to the date fixed for redemption (such date of selection being hereinafter called the Selection Date). In the case of Redeemed Notes represented by definitive Ordinary Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 12 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5(b), and notice to that effect shall be given by the Issuer to the Ordinary Noteholders in accordance with Condition 12 below at least five days prior to the Selection Date.

Redemption and Purchase. (a) Redemption at maturity4.1 The Preferred Securities have no fixed final redemption date and Holders have no rights to call for the redemption of the Preferred Securities. Any redemption is subject to the provisions of the Act. (b) Redemption 4.2 The Preferred Securities are redeemable, at the option of the Issuer (Issuer Call) (i) General Partner, subject to the satisfaction of the Redemption Conditions, in whole but not in part, on the First Call Date or any Distribution Payment Date thereafter, upon not less than 15 30 nor more than 30 60 days' ’ notice to the Ordinary Noteholders Holders (published in accordance with Condition 12 below; andparagraph 10) and to the Stock Exchanges specifying the relevant Distribution Payment Date for redemption (the “Optional Redemption Date”) (which notice shall be irrevocable). Upon the expiry of such notice, the Issuer shall be dissolved and the General Partner as liquidation agent shall be bound to redeem each of the Preferred Securities accordingly by payment of an amount equal to the Optional Redemption Price. (ii) 4.3 If at any time a Capital Disqualification Event occurs, the Preferred Securities may be redeemed, in whole but not in part, at the option of the General Partner, subject to satisfaction of the Redemption Conditions, at any time, upon not less than 15 days before the giving of the notice referred to in (i) above, 30 nor more than 60 days’ notice to the Principal Paying Agent, and to Holders published in accordance with paragraph 10 specifying the Note Registrar, relevant date for redemption (the “Capital Disqualification Event Redemption Date”) (which notices notice shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Ordinary Notes then outstanding on any Optional Redemption Date and irrevocable) at the Optional Redemption Amount(s) specified in the applicable Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption DatePrice. Any such redemption must be of a nominal amount not less than the Minimum Redemption Amount or not more than the Maximum Redemption Amount, in each case as may be specified in the applicable Final Terms. In the case of a partial redemption of Ordinary Notes, the Ordinary Notes to be redeemed (Redeemed Notes) will be selected individually by lot, in the case of Redeemed Notes represented by definitive Ordinary Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) and in the case of Redeemed Notes represented by a Global Note, not more than 30 days prior Prior to the date fixed for redemption (such date publication of selection being hereinafter called the Selection Date). In the case any notice of Redeemed Notes represented by definitive Ordinary Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 12 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5(b)the foregoing, the General Partner shall deliver to the Registrar a certificate signed by two directors of the Guarantor stating that the Issuer is entitled to effect such redemption and notice an opinion of counsel to the Guarantor experienced in such matters to the effect that effect a Capital Disqualification Event has occurred. Upon the expiry of such notice, the Issuer shall be given by dissolved and the General Partner as liquidation agent shall be bound to redeem each of the Preferred Securities accordingly. 4.4 Under the existing requirements of the Regulator, neither the Issuer to nor the Ordinary Noteholders in accordance with Condition 12 below at least five days Guarantor may redeem or purchase any Preferred Securities unless the Regulator gives its prior to the Selection Datewritten consent. The Regulator may impose conditions on any such redemption or purchase.

Redemption and Purchase. (a) Redemption at maturitymaturity Unless previously redeemed or purchased and cancelled as specified below, each Note (including each Index Linked Redemption Note and Dual Currency Redemption Note) will be redeemed by the Issuer at its Final Redemption Amount specified in, or determined in the manner specified in, the applicable Pricing Supplement in the relevant Specified Currency on the Maturity Date. (b) Redemption for tax reasons The Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time (if this Note is neither a Floating Rate Note, an Index Linked Interest Note nor a Dual Currency Interest Note) or on any Interest Payment Date (if this Note is either a Floating Rate Note, an Index Linked Interest Note or a Dual Currency Interest Note), on giving not less than 30 nor more than 60 days’ notice to the Principal Paying Agent and, in accordance with Condition 15, the Noteholders (which notice shall be irrevocable), if: (i) on the occasion of the next payment due under the Notes, the Issuer has or will become obliged to pay additional amounts as provided or referred to in Condition 9 or the Guarantor would be unable for reasons outside its control to procure payment by the Issuer and in making payment itself would be required to pay such additional amounts, in each case as a result of any change in, or amendment to, the laws or regulations of a Tax Jurisdiction (as defined in Condition 9) or any political subdivision of, or any authority in, or of, a Tax Jurisdiction having power to tax, or any change in the application or official interpretation of such laws or regulations, which change or amendment becomes effective on or after the date on which agreement is reached to issue the first Tranche of the Notes; and (ii) such obligation cannot be avoided by the Issuer or, as the case may be, the Guarantor taking reasonable measures available to it, provided that no such notice of redemption shall be given earlier than 90 days prior to the earliest date on which the Issuer or, as the case may be, the Guarantor would be obliged to pay such additional amounts were a payment in respect of the Notes then due. Prior to the publication of any notice of redemption pursuant to this Condition, the Issuer shall deliver to the Principal Paying Agent a certificate signed by two Directors of the Issuer or, as the case may be, two Directors of the Guarantor stating that the Issuer is entitled to effect such redemption and setting forth a statement of facts showing that the conditions precedent to the right of the Issuer so to redeem have occurred, and an opinion of independent legal advisers of recognised standing to the effect that the Issuer or, as the case may be, the Guarantor has or will become obliged to pay such additional amounts as a result of such change or amendment. Notes redeemed pursuant to this Condition 8(b) will be redeemed at their Early Redemption Amount referred to in paragraph (e) below together (if appropriate) with interest accrued to (but excluding) the date of redemption. (c) Redemption at the option of the Issuer (Issuer Call)) If Issuer Call is specified as being applicable in the applicable Pricing Supplement, the Issuer may, having given: (i) not less than 15 nor more than 30 days' ’ notice to the Ordinary Noteholders in accordance with Condition 12 below15; and (ii) not less than 15 days before the giving of the notice referred to in (i) above), notice to to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, and to the Note Registrar, ; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Ordinary Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Final Terms Pricing Supplement together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount or and not more than the Maximum Redemption Amount, Amount in each case as may be specified in the applicable Final TermsPricing Supplement. In the case of a partial redemption of Ordinary Notes, the Ordinary Notes to be redeemed (‘‘Redeemed Notes’’) will be selected individually by lot, (i) in the case of Redeemed Notes represented by definitive Ordinary Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) and in the case of Redeemed Notes represented selected individually by a Global Notelot, not more than 30 days prior to the date fixed for redemption and (such date ii) in the case of selection being hereinafter called Redeemed Notes represented by a Global Note, be selected in accordance with the Selection Date)rules of Euroclear and/or Clearstream and/or the CMU. In the case of Redeemed Notes represented by definitive Ordinary Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 12 15 not less than 15 days prior to the date fixed for redemption. No exchange . (d) Redemption at the option of the relevant Global Note will be permitted during Noteholders (A) If Investor Put is specified in the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5(b), and notice to that effect shall be given by the Issuer to the Ordinary Noteholders in accordance with Condition 12 below at least five days prior to the Selection Date.applicable Pricing Supplement

Redemption and Purchase. (a) Redemption at maturity (b) Redemption at the option of the Issuer (Issuer Call) (i) not less than 15 nor more than 30 days' notice to the Ordinary Noteholders in accordance with Condition 12 13 below; and (ii) not less than 15 days before the giving of the notice referred to in (i) above, notice to the Principal Paying Agent, and to the Note Registrar, (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Ordinary Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in the applicable Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than the Minimum Redemption Amount or not more than the Maximum Redemption Amount, in each case as may be specified in the applicable Final Terms. In the case of a partial redemption of Ordinary Notes, the Ordinary Notes to be redeemed (Redeemed Notes) will be selected individually by lot, in the case of Redeemed Notes represented by definitive Ordinary Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) and in the case of Redeemed Notes represented by a Global Note, not more than 30 days prior to the date fixed for redemption (such date of selection being hereinafter called the Selection Date). In the case of Redeemed Notes represented by definitive Ordinary Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 12 13 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5(b6(b), and notice to that effect shall be given by the Issuer to the Ordinary Noteholders in accordance with Condition 12 13 below at least five days prior to the Selection Date.