AEG 21604 G Manual de usuario Pagina 191

  • Descarga
  • Añadir a mis manuales
  • Imprimir
  • Pagina
    / 651
  • Tabla de contenidos
  • MARCADORES
  • Valorado. / 5. Basado en revisión del cliente
Vista de pagina 190
180
§ 3 Interest
(a) The Notes will bear interest on their principal amount at a rate of 9.25 % per annum as from 1 De-
cember 2010 (the "Issue Date "). Interest is payable annually in arrears on 1 December of each
year (each an "Interest Payment Date" and the period from the Issue Date (inclusive) up to the
first Interest Payment Date (exclusive) and thereafter as from any Interest Payment Date (inclu-
sive) up to the next following Interest Payment Date (exclusive) being an "Interest Period"). The
first interest payment will be due on 1 December 2011.
(b) The Notes shall cease to bear interest from the beginning of the day they are due for redemption,
or, in case the Issuer fails to make any payment under the Notes when due, from the beginning of
the day on which such payment is made. The respective rate of interest shall be determined pursu-
ant to this § 3 plus 5 % per annum.
(c) Where interest is to be calculated in respect of a period which is shorter than an Interest Period the
interest will be calculated on the basis of the actual number of days elapsed in the relevant period
(from and including the most recent Interest Payment Date) divided by the actual number of days
of the Interest Period (365 days and 366 days, respectively, in case of a leap year) (Actual/Actual).
§ 4 Maturity, Redemption, Early Redemption at the Option of the Issuer or the Noteholders, and Pur-
chase
(a) The Notes will be redeemed at par on 1 December 2015 (the "Redemption Date"). There will be
no early redemption except in the following cases.
(b) Early Redemption for Tax Reasons. If at any future time as a result of a change of the laws ap-
plicable in the Grand Duchy of Luxembourg or the Netherlands or a change in their official appli-
cation, the Issuer or, as the case may be, the Guarantor is required, or at the time of the next suc-
ceeding payment due in respect of principal or interest will be required, to pay additional amounts
as provided in this § 6(a), and such obligation cannot be avoided taking reasonable measures avail-
able to the Issuer or, as the case may be, the Guarantor, the Issuer will be entitled, upon not less
than 30 days' and not more than 60 days' notice to be given by publication in accordance with § 12,
prior to the Redemption Date to redeem all Notes at the Early Redemption Amount plus accrued
interest.
No notice of redemption pursuant to this § 4(b) shall be made given (i) earlier than 90 days prior to
the earliest date on which the Issuer or, as the case may be, the Guarantor would be obligated to
pay such Additional Amounts if a payment in respect of the Notes was then due, or (ii) if at the
time such notice is given, such obligation to pay such Additional Amounts does not remain in ef-
fect.
Any such notice shall be irrevocable and must specify the date fixed for redemption and must set
forth a statement in summary form of the facts constituting the basis for the right of the Issuer so to
redeem.
In these Terms and Conditions "Early Redemption Amount" means the principal amount of the
Notes.
(c) Early Redemption at the Option of the Issuer. Beginning 1 December 2013 (inclusive), the Is-
suer shall be entitled at any time, by giving not less than 30 nor more than 60 days’ notice by pub-
lication in accordance with § 12, to redeem the outstanding Notes in whole, but not in part, at the
Call Early Redemption Amount (as defined below). Such notice shall be irrevocable and shall state
the date of early redemption. The date of early redemption must be a Business Day within the
meaning of § 5(c).
The Issuer may not exercise such option in respect of any Note which is the subject of the prior
exercise by the Noteholder thereof of its option to require the redemption of such Note under
§ 4(d).
Vista de pagina 190
1 2 ... 186 187 188 189 190 191 192 193 194 195 196 ... 650 651

Comentarios a estos manuales

Sin comentarios