Common use of Swedish Notes Clause in Contracts

Swedish Notes. 6.1 Notes issued under the Programme may be Swedish Notes registered in uncertificated and dematerialised book entry form with a Swedish Central Securities Depository which will be Euroclear Sweden AB ("Euroclear Sweden"). 6.2 The Swedish Notes are constituted by the Deed of Covenant. 6.3 The Swedish Notes shall be lodged with the Swedish Issuing Agent which shall be linked to Euroclear Sweden as an account holding institution in accordance with the provisions of the Swedish Financial Instruments Accounts Act (in Swedish: (1998:1479) Om Kontoföring av finansiella instrument). Settlement of sale and purchase transactions in respect of Swedish Notes in Euroclear Sweden will take place three Stockholm business days after the date of the relevant transaction. Notes in Euroclear Sweden may be transferred between accountholders at Euroclear Sweden in accordance with the procedures and regulations, for the time being, of Euroclear Sweden. A transfer of Notes which are held in Euroclear Sweden through Euroclear or Clearstream, Luxembourg is only possible by using an account operator linked to Euroclear Sweden. 6.4 The Swedish Issuing Agent shall, at the request of the holder of any Swedish Note, issue voting certificates and block voting instructions in a form and manner which comply with the provisions of Schedule 7 (Provisions for Meetings of Holders of Notes) (except that it shall not be required to issue the same less than forty eight hours before the time fixed for any meeting therein provided for). The Swedish Issuing Agent shall keep a full record of voting certificates and block voting instructions issued by it and will give to the Issuer not less than twenty four hours before the time appointed for any meeting or adjourned meeting, full particulars of all voting certificates and block voting instructions issued by it in respect of such meeting or adjourned meeting. 6.5 All Swedish Notes will be in uncertificated and dematerialised book entry form and consequently all references in this Agreement to: (a) the Notes being in any other form are not applicable to Swedish Notes; (b) Coupons, Talons and Receipts are not applicable to Swedish Notes; (c) Notes being executed and/or authenticated and/or effectuated by or on behalf of any person are not applicable to Swedish Notes; (d) Notes having any provisions endorsed upon or attached to them are not applicable to Swedish Notes; (e) the Notes being in any particular form shall, in the context of Swedish Notes, be read and construed as references to the Notes being in uncertificated and dematerialised book entry form; and (f) the "Holder" of any Swedish Notes shall be read and construed in accordance with the Conditions of such Notes. 6.6 For the purposes of Swedish Notes the Issuer, the Fiscal Agent and the Swedish Issuing Agent shall have the respective rights and obligations arising under this Agreement and/or the Swedish Registrar Agreement and no other Paying Agent shall have any rights or obligations in relation thereto. 6.7 This Agreement shall apply to Swedish Notes with the modifications described in this Clause 6 (Swedish Notes) and the following exceptions: (a) with the exception of Clause 3.1 and 3.2, which shall apply to issues of Swedish Notes, Clause 3 (The Notes) hereof shall not apply to issues of Swedish Notes; (b) with the exception of Clause 7.1(a), 7.1(b) and 7.9, which shall apply to issues of Swedish Notes, Clause 7 (Issuance of Notes) hereof shall not apply to issues of Swedish Notes; (c) Clauses 4 (VP Notes), 5 (VPS Notes), 8 (Replacement Notes), 9 (Payments to the Fiscal Agent or the Registrar), 10 (Payments to Holders of Bearer Notes), 11 (Payments to Holders of Registered Notes), 12 (Duties of the Transfer Agent) and 14 (Miscellaneous Duties of the Registrar) hereof shall not apply to issues of Swedish Notes; and (d) Clause 13 (Miscellaneous Duties of the Fiscal Agent and the Paying Agents) hereof shall not apply to issues of Swedish Notes.

Swedish Notes. ‌ 6.1 Notes issued under the Programme may be Swedish Notes registered in uncertificated and dematerialised book entry form with a Swedish Central Securities Depository which will be Euroclear Sweden AB ("Euroclear Sweden"). 6.2 The Swedish Notes are constituted by the Deed of Covenant. 6.3 The Swedish Notes shall be lodged with the Swedish Issuing Agent which shall be linked to Euroclear Sweden as an account holding institution in accordance with the provisions of the Swedish Financial Instruments Accounts Act (in Swedish: (1998:1479) Om Kontoföring av finansiella instrument). Settlement of sale and purchase transactions in respect of Swedish Notes in Euroclear Sweden will take place three Stockholm business days after the date of the relevant transaction. Notes in Euroclear Sweden may be transferred between accountholders at Euroclear Sweden in accordance with the procedures and regulations, for the time being, of Euroclear Sweden. A transfer of Notes which are held in Euroclear Sweden through Euroclear or Clearstream, Luxembourg is only possible by using an account operator linked to Euroclear Sweden. 6.4 The Swedish Issuing Agent shall, at the request of the holder of any Swedish Note, issue voting certificates and block voting instructions in a form and manner which comply with the provisions of Schedule 7 (Provisions for Meetings of Holders of Notes) (except that it shall not be required to issue the same less than forty eight hours before the time fixed for any meeting therein provided for). The Swedish Issuing Agent shall keep a full record of voting certificates and block voting instructions issued by it and will give to the Issuer not less than twenty four hours before the time appointed for any meeting or adjourned meeting, full particulars of all voting certificates and block voting instructions issued by it in respect of such meeting or adjourned meeting. 6.5 All Swedish Notes will be in uncertificated and dematerialised book entry form and consequently all references in this Agreement to: (a) the Notes being in any other form are not applicable to Swedish Notes; (b) Coupons, Talons and Receipts are not applicable to Swedish Notes; (c) Notes being executed and/or authenticated and/or effectuated by or on behalf of any person are not applicable to Swedish Notes; (d) Notes having any provisions endorsed upon or attached to them are not applicable to Swedish Notes; (e) the Notes being in any particular form shall, in the context of Swedish Notes, be read and construed as references to the Notes being in uncertificated and dematerialised book entry form; and (f) the "Holder" of any Swedish Notes shall be read and construed in accordance with the Conditions of such Notes. 6.6 For the purposes of Swedish Notes the Issuer, the Fiscal Agent and the Swedish Issuing Agent shall have the respective rights and obligations arising under this Agreement and/or the Swedish Registrar Agreement and no other Paying Agent shall have any rights or obligations in relation thereto. 6.7 This Agreement shall apply to Swedish Notes with the modifications described in this Clause 6 (Swedish Notes) and the following exceptions: (a) with the exception of Clause 3.1 and 3.2, which shall apply to issues of Swedish Notes, Clause 3 (The Notes) hereof shall not apply to issues of Swedish Notes; (b) with the exception of Clause 7.1(a), 7.1(b) and 7.9, which shall apply to issues of Swedish Notes, Clause 7 (Issuance of Notes) hereof shall not apply to issues of Swedish Notes; (c) Clauses 4 (VP Notes), 5 (VPS Notes), 8 (Replacement Notes), 9 (Payments to the Fiscal Agent or the Registrar), 10 (Payments to Holders of Bearer Notes), 11 (Payments to Holders of Registered Notes), 12 (Duties of the Transfer Agent) and 14 (Miscellaneous Duties of the Registrar) hereof shall not apply to issues of Swedish Notes; and (d) Clause 13 (Miscellaneous Duties of the Fiscal Agent and the Paying Agents) hereof shall not apply to issues of Swedish Notes.