Common use of APPOINTMENT OF NEW DEALERS Clause in Contracts

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession Letter; and (b) the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent 11.1 The Issuer and the Issuer from appointing Guarantor may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Fiscal Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Fiscal Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription Agreement, any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the VPS Trustee (if such Tranche of Notes are VPS Notes) and the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent The Issuer and the Issuer from appointing CBC may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of NotesCovered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementCovered Bond Purchase Agreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession LetterLetter (the forms of which are set out in Schedule 2 or Schedule 4); and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. Letter (2) the forms of which are set out in Schedule 3 or Schedule 5). Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Covered Bond Purchase Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Covered Bond Purchase Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement, provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall not have no such further such authority, rights, powers, duties or obligations obligations, except such as may for any which have accrued or been are incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) . The Issuer and the CBC shall promptly notify the other Dealers Arranger, the Dealers, the Security Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation LetterLetter or Covered Bond Purchase Agreement, as the case may be. Such notice shall be required to be given in In the case of an appointment of a New Dealer for a particular Tranche of Notes Tranche, such notice shall be required to be given to the Arranger, the Security Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer Issuers or the Guarantor from appointing one or more New Dealers for the duration of the Programme Program or, with regard to an issue of a particular Tranche issue of Notes, the relevant Issuer and the Guarantor (if applicable) from appointing one or more New Dealers for the purposes of that Trancheissue, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer an appropriate Issuers and the Guarantor a Dealer Accession Letter; and (b) the Issuer Issuers and the Guarantor shall have delivered to such New Dealer an appropriate a Confirmation Letter. (2) . Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter and the relevant Confirmation Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the ProgrammeProgram, following the Issue Date issue of the Notes of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, to or in connection with, with the issue of such TrancheNotes. (32) The Issuer Issuers and/or the Guarantor shall promptly notify the Agent and the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme Program by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such No such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche issue of Notes to the Agent onlyNotes.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer Issuer, PT and PTC from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer Issuer, PT and PTC from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession Letter; and (b) the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) The Issuer shall promptly notify the other Dealers Dealers, the Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) 11.1 Nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers for the duration of the Programme or, with regard to an the issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered a Dealer Accession Letter substantially in the respective forms set out in Part I or III to the Issuer an appropriate Dealer Accession Letter(as appropriate) of Appendix C hereto; and (b) the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant a Confirmation Letter substantially in the respective forms set out in Part II or execution Part IV (as appropriate) of the relevant Subscription AgreementAppendix C hereto, as the case may be, each whereupon such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or and the relevant Subscription Agreement, as the case may beConfirmation Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date issue of the Temporary Global Note in respect of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such TrancheTemporary Global Note and the Notes represented thereby. (3) 11.2 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such No such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche issue of Notes Notes. Notice shall be given promptly in all cases by the Issuer to the Agent onlyAgent.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 12.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 12.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 12.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers Dealers, the Trustee and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 12.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of NotesNotes or Covered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 12.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 12.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes or Covered Bonds to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent 12.1 The Issuer and the Issuer from appointing LLP may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of NotesCovered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription Agreement, any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 12.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 12.3 The Issuer shall promptly notify the other Dealers Dealers, the Bond Trustee, the Security Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes Covered Bonds to the Bond Trustee, the Security Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing may appoint one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers Dealers, the Registrar and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Registrar and the Agent only.

APPOINTMENT OF NEW DEALERS. (1a) Nothing in this Agreement shall prevent The Issuer and the Issuer from appointing Guarantor may at any time appoint one or more New Dealers for the duration of the Programme Program or, with regard to an issue of a particular Tranche of NotesCovered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (bii) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2b) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the ProgrammeProgram, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer shall promptly notify the other Dealers Dealers, the Bond Trustee and the Issuing and Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying Program. However, failure to such parties a copy give notice of any such appointment shall not invalidate such New Dealer Accession Letter appointment. (d) In recognition of the U.S. Special Resolution Regimes, the parties agree as follows: (i) In the event that any Dealer that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Dealer of this Agreement, and Confirmation Letter. Such notice shall any interest and obligation in or under this Agreement, will be required effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United Sates or a state of the United States. (ii) In the event that any Dealer that is a Covered Entity or any BHC Act Affiliate of such Dealer becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Dealer are permitted to be given in exercised to no greater extent than such Default Rights could be exercised under the case U.S. Special Resolution Regime if this Agreement were governed by the laws of an appointment the United States or a state of a New Dealer for a particular Tranche of Notes to the Agent onlyUnited States.

APPOINTMENT OF NEW DEALERS. (1) 11.1 Nothing in this Agreement shall prevent the Issuer Issuers or the Guarantor from appointing one or more New Dealers for the duration of the Programme Program or, with regard to an issue of a particular Tranche issue of Notes, the relevant Issuer and the Guarantor (if applicable) from appointing one or more New Dealers for the purposes of that Trancheissue, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer an appropriate Issuers and the Guarantor a Dealer Accession Letter; and (b) the Issuer Issuers and the Guarantor shall have delivered to such New Dealer an appropriate a Confirmation Letter. (2) . Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter and the relevant Confirmation Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the ProgrammeProgram, following the Issue Date issue of the Notes of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, to or in connection with, with the issue of such TrancheNotes. (3) 11.2 The Issuer Issuers and/or the Guarantor shall promptly notify the Agent and the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme Program by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such No such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche issue of Notes to the Agent onlyNotes.

APPOINTMENT OF NEW DEALERS. (1a) Nothing in this Agreement shall prevent the Issuer from appointing The Flemish Community may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer Flemish Community of an appropriate Dealer Accession Letterdealer accession letter; and (bii) the Issuer shall have delivered delivery by the Flemish Community to such the New Dealer of an appropriate Confirmation Letterconfirmation letter. (2b) Upon receipt of the relevant Confirmation Letter confirmation letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter dealer accession letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer Flemish Community shall promptly notify the other Dealers and the Domiciliary Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter dealer accession letter and Confirmation Letterconfirmation letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Domiciliary Agent only.only.‌‌

APPOINTMENT OF NEW DEALERS. (1) 12.1 Nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement:Agreement - (a) 12.1.1 any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession LetterLetter substantially in the form set out in Part I of Appendix C hereto (in respect of a New Dealer for the remainder of the Programme) and Part III of Appendix C hereto (in respect of a New Dealer with regard to an issue of a particular Tranche of Notes); and (b) 12.1.2 the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt Letter of Appointment substantially in the relevant Confirmation Letter form set out in Part II or execution Part IV of the relevant Subscription AgreementAppendix C hereto, as the case may be, each whereupon such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or and the relevant Subscription Agreement, as the case may beLetter of Appointment, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date issue of the Notes in respect of the relevant TrancheTranche on the Issue Date, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have be accrued or been incurred prior to, or to and in connection with, the issue of such TrancheNotes. (3) 12.2 The Issuer shall promptly notify the Arranger, the Transfer Agent and the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation LetterLetter of Appointment. Such notice shall be required to be given to the Transfer Agent by the Issuer only in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent onlyTranche.

APPOINTMENT OF NEW DEALERS. (1) 11.1 Nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) 11.1.1 any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession LetterLetter to the Issuer, in the case of an appointment for the duration of the Programme and in the case of an appointment for a particular Tranche of Notes; and (b) 11.1.2 the Issuer Issuer, in the case of an appointment for the duration of the Programme and in the case of an appointment for a particular Tranche of Notes, shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter and the relevant Confirmation Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the ‌ 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such Tranche.the relevant Tranche.‌ (3) 11.3 The Issuer shall promptly notify the other Dealers Dealers, the Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing 13.1. Subject to clause 16, nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers Dealers, for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) 13.1.1. any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession LetterLetter substantially in the form set out in Schedule 3 hereto; and (b) 13.1.2. the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of Letter substantially in the relevant Confirmation Letter form set out in Schedule 3 hereto, whereupon, or upon the execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or and the relevant Subscription Agreement, as the case may beConfirmation Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have be accrued or been incurred prior to, or to and in connection with, the issue of such Tranche. (3) 13.2. The Issuer shall promptly notify the Transfer Agent (if any) and the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent 10.1 Each of the Issuer from appointing and the Guarantor may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche Series of NotesCertificates, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer and the Guarantor of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered and the Guarantor to such the New Dealer of an appropriate Confirmation Letter. (2) 10.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 10.3 The Issuer and/or the Guarantor shall promptly notify the Principal Paying Agent and the Arranger on behalf of the other Dealers, and the Arranger shall promptly notify the other Dealers and the Agent Dealers, of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes Certificates to the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) 14.1 Nothing in this Agreement shall prevent the Issuer from appointing one or more New Dealers Dealers, for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) 14.1.1 any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession LetterLetter substantially in the form set out in Schedule 3 hereto; and (b) 14.1.2 the Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Dealer Confirmation Letter substantially in the form set out in Schedule 3 hereto, whereupon or upon the execution of the relevant Subscription Agreement, as the case may be, each Agreement (if applicable) such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or and the relevant Subscription Agreement, as the case may beDealer Confirmation Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer the Dealers as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer Dealers shall have no further such authority, rights, powers, duties or obligations except such as may have be accrued or been incurred prior to, or to and in connection with, the issue of such Tranche. (3) 14.2 The Issuer shall promptly notify the Transfer Agent (if any) and the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any the Dealer Accession Letter and Dealer Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1a) Nothing in this Agreement shall prevent The Issuer and the Issuer from appointing Guarantor may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (bii) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2b) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer shall promptly notify the other Dealers Dealers, the Trustee and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Agent only.

APPOINTMENT OF NEW DEALERS. (1a) Nothing in this Agreement shall prevent the Issuer from appointing The Flemish Community may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer Flemish Community of an appropriate Dealer Accession Letterdealer accession letter; and (bii) the Issuer shall have delivered delivery by the Flemish Community to such the New Dealer of an appropriate Confirmation Letterconfirmation letter. (2b) Upon receipt of the relevant Confirmation Letter confirmation letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter dealer accession letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer Flemish Community shall promptly notify the other Dealers and the Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter dealer accession letter and Confirmation Letterconfirmation letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the ‌ 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription Agreement, any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become become‌ a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the VPS Trustee (if such Tranche of Notes are VPS Notes) and the Agent only.

APPOINTMENT OF NEW DEALERS. (1a) Nothing in this Agreement shall prevent the Issuer from appointing The Flemish Community may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer Flemish Community of an appropriate Dealer Accession Letterdealer accession letter; and (bii) the Issuer shall have delivered delivery by the Flemish Community to such the New Dealer of an appropriate Confirmation Letterconfirmation letter. (2b) Upon receipt of the relevant Confirmation Letter confirmation letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter dealer accession letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer Flemish Community shall promptly notify the other Dealers and the Domiciliary Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter dealer accession letter and Confirmation Letterconfirmation letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Domiciliary Agent only.only.‌

APPOINTMENT OF NEW DEALERS. ‌‌ (1a) Nothing in this Agreement shall prevent the Issuer from appointing Région wallonne may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (ai) any the delivery by the New Dealer shall have first delivered to the Issuer Région wallonne of an appropriate Dealer Accession Letterdealer accession letter substantially in the form of Appendix G; and (bii) the Issuer shall have delivered delivery by Région wallonne to such the New Dealer of an appropriate Confirmation Letter.confirmation letter substantially in the form of Appendix G. (2b) Upon receipt of the relevant Confirmation Letter confirmation letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter dealer accession letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except under this Agreement. Except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3c) The Issuer Région wallonne shall promptly notify the other Dealers and the Domiciliary Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter dealer accession letter and Confirmation Letterconfirmation letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Domiciliary Agent only.. The Issuer agrees to supply to such new Dealer, upon appointment, a copy of the condition precedent documents specified in Part I, Xxxxx D, if so requested by the New Dealer.‌

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the each Issuer from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the relevant Issuer and the Guarantor (where the issuer is CSF) from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the relevant Issuer an appropriate Dealer Accession Letter; and (b) the relevant Issuer shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) The relevant Issuer shall promptly notify the other Dealers Dealers, the Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent The Issuers and the Issuer from appointing Guarantor may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) The Issuer Issuers shall promptly notify the other Dealers Dealers, the Trustee and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer Obligors from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer Obligors from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer an appropriate Dealer Accession LetterLetter to the Obligors, in the case of an appointment for the duration of the Programme, or the relevant Issuer, in the case of an appointment for a particular Tranche of Notes; and (b) the Issuer Obligors, in the case of an appointment for the duration of the Programme, or the relevant Issuer, in the case of an appointment for a particular Tranche of Notes, shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter and the relevant Confirmation Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) The Issuer Obligors shall promptly notify the other Dealers and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Agent only.

APPOINTMENT OF NEW DEALERS. (1) 11.1 Nothing in this Agreement shall prevent the Issuer Issuers and the Guarantor from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the relevant Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the relevant Issuer and Guarantor an appropriate Dealer Accession Letter; and (b) the relevant Issuer and Guarantor shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) 11.3 The Issuer Issuers shall promptly notify the other Dealers Dealers, the Trustee and the Agent of any appointment of a New Dealer for the duration of or the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent 12.1 The Issuer and the Issuer from appointing Guarantor may at any time appoint one or more New Dealers for the duration of the Programme Program or, with regard to an issue of a particular Tranche of NotesCovered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 12.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the ProgrammeProgram, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 12.3 The Issuer shall promptly notify the other Dealers Dealers, the Bond Trustee and the Issuing and Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying Program. However, failure to such parties a copy give notice of any Dealer Accession Letter and Confirmation Letter. Such notice such appointment shall be required to be given in the case of an appointment of a not invalidate such New Dealer for a particular Tranche of Notes to the Agent onlyappointment.

APPOINTMENT OF NEW DEALERS. (1) 11.1 Nothing in this Agreement shall prevent the Issuer PTIF, PT and PTC from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the relevant Issuer and, where the Issuer is PTIF, PT and PTC from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the Issuer Issuers an appropriate Dealer Accession Letter; and (b) the Issuer Issuers shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) 11.3 The Issuer Issuers shall promptly notify the other Dealers Dealers, the Trustee and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer Issuers and the Guarantor from appointing one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the relevant Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such appointment is effected pursuant to a Subscription Agreement: (a) any New Dealer shall have first delivered to the relevant Issuer and Guarantor an appropriate Dealer Accession Letter; and (b) the relevant Issuer and Guarantor shall have delivered to such New Dealer an appropriate Confirmation Letter. (2) Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such Tranche. (3) The Issuer Issuers shall promptly notify the other Dealers Dealers, the Trustee and the Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Trustee and the Agent only.. Back to Contents

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent 12.1 ENEL, on behalf of the Issuer from appointing Obligors, may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer ENEL of an appropriate Dealer Accession Letter; and (b) the Issuer shall have delivered delivery by ENEL to such the New Dealer of an appropriate Confirmation Letter. (2) 12.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) The Issuer 12.3 ENEL shall promptly notify the other Dealers and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Principal Paying Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the 11.1 The Issuer from appointing may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of NotesCovered Bonds, the Issuer from appointing one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer of an appropriate Dealer Accession Letter; and (b) the delivery by the Issuer shall have delivered to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer shall promptly notify the other Dealers and the Fiscal Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes Covered Bonds to the Fiscal Agent only.

APPOINTMENT OF NEW DEALERS. (1) Nothing in this Agreement shall prevent the Issuer from appointing 11.1 The Issuers may at any time appoint one or more New Dealers for the duration of the Programme or, with regard to an issue of a particular Tranche of Notes, the relevant Issuer from appointing may appoint one or more New Dealers for the purposes of that Tranche, in either case upon the terms of this Agreement and provided that, unless such Agreement. Unless an appointment is effected pursuant to made in a Subscription AgreementAgreement any appointment shall be made by: (a) any the delivery by the New Dealer shall have first delivered to the Issuer Issuers or the relevant Issuer, as the case may be, of an appropriate Dealer Accession Letter; and (b) the Issuer shall have delivered delivery by the Issuers or the relevant Issuer, as the case may be, to such the New Dealer of an appropriate Confirmation Letter. (2) 11.2 Upon receipt of the relevant Confirmation Letter or execution of the relevant Subscription Agreement, as the case may be, each such New Dealer shall, subject to the terms of the relevant Dealer Accession Letter or the relevant Subscription Agreement, as the case may be, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder under this Agreement provided further that, except in the case of the appointment of a New Dealer for the duration of the Programme, following the Issue Date of the relevant Tranche, the relevant New Dealer shall have no further such authority, rights, powers, duties or obligations except such as may for any which have accrued or been incurred prior to, or in connection with, the issue of such the relevant Tranche. (3) 11.3 The Issuer Issuers shall promptly notify the other Dealers and the Principal Paying Agent of any appointment of a New Dealer for the duration of the Programme by supplying to such parties them a copy of any Dealer Accession Letter and Confirmation Letter. Such notice shall be required to be given in the case of an appointment of a New Dealer for a particular Tranche of Notes to the Principal Paying Agent only.