Common use of Authority of the Bondholders’ Meeting Clause in Contracts

Authority of the Bondholders’ Meeting. (a) A Bondholders’ Meeting may, on behalf of the Bondholders, resolve to alter any of these Bond Terms, including, but not limited to, any reduction of principal or interest and any conversion of the Bonds into other capital classes. (b) A Bondholders’ Meeting can only resolve that any overdue payment of any instalment will be reduced if there is a pro rata reduction of the principal that has not fallen due, however, the meeting may resolve that accrued interest (whether overdue or not) shall be reduced without a corresponding reduction of principal, including if any such accrued and overdue interest has been issued under a separate ISIN in accordance with the regulations of the CSD from time to time. (c) The Bondholders’ Meeting may not adopt resolutions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. (d) If all Bonds are regarded as Issuer’s Bonds, the Bondholder is allowed to vote for these Bonds. (e) At least 50% of the Voting Bonds must be represented at a Bondholders’ Meeting for a quorum to be present. (f) Resolutions will be passed by simple majority of the Voting Bonds represented at the Bondholders’ Meeting, unless otherwise set out in paragraph (g) below. (g) Save for any amendments or waivers which can be made without resolution pursuant to Clause 9.1.2 (Procedure for amendments and waivers), paragraph (a) and (b), a majority of at least 2/3 of the Voting Bonds represented at the Bondholders’ Meeting is required for approval of any waiver or amendment of these Bond Terms.

Authority of the Bondholders’ Meeting. (a) A Bondholders’ Meeting may, on behalf of the Bondholders, resolve to alter any of these Bond Terms, including, but not limited to, any reduction of principal or interest and any conversion of the Bonds into other capital classes. (b) A Bondholders’ Meeting can only resolve that any overdue payment of any instalment will be reduced if there is a pro rata reduction of the principal that has not fallen due, however, the meeting may resolve that accrued interest (whether overdue or not) shall be reduced without a corresponding reduction of principal, including if any such accrued and overdue interest has been issued under a separate ISIN in accordance with the regulations of the CSD from time to time. (c) The Bondholders’ Meeting may not adopt resolutions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. (d) Subject to the power of the Bond Trustee to take certain action as set out in Clause 8.1 (Power to represent the Bondholders), if a resolution by, or an approval of, the Bondholders is required, such resolution may be passed at a Bondholders’ Meeting. Resolutions passed at any Bondholders’ Meeting will be binding upon all Bondholders. If all Bonds are regarded as Issuer’s Bonds, the Bondholder is allowed to vote for these Bonds. (e) At least 50% of the Voting Bonds must be represented at a Bondholders’ Meeting for a quorum to be present. (f) Resolutions will be passed by simple majority of the Voting Bonds represented at the Bondholders’ Meeting, unless otherwise set out in paragraph (g) below. (g) Save for any amendments or waivers which can be made without resolution pursuant to Clause 9.1.2 (Procedure for amendments and waivers), paragraph (a) and (b), a majority of at least 2/3 of the Voting Bonds represented at the Bondholders’ Meeting is required for approval of any waiver or amendment of these Bond Terms.

Authority of the Bondholders’ Meeting. (a) A Bondholders’ Meeting may, on behalf of the Bondholders, resolve to alter any of these Bond Terms, including, but not limited to, any reduction of principal or interest and any conversion of the Bonds into other capital classes. (b) A The Bondholders’ Meeting can only cannot resolve that any overdue payment of any instalment will shall be reduced if unless there is a pro rata reduction of the principal that has not fallen due, however, the meeting but may resolve that accrued interest (whether overdue or not) shall be reduced without a corresponding reduction of principal, including if any such accrued and overdue interest has been issued under a separate ISIN in accordance with the regulations of the CSD from time to time. (c) The Bondholders’ Meeting may not adopt resolutions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. (d) If all Bonds are regarded Subject to the power of the Bond Trustee to take certain action as Issuer’s Bondsset out in Clause 16.1 (Power to represent the Bondholders), if a resolution by, or an approval of, the Bondholder Bondholders is allowed to vote for these Bondsrequired, such resolution may be passed at a Bondholders’ Meeting. Resolutions passed at any Bondholders' Meeting will be binding upon all Bondholders. (e) At least 50% 50 per cent. of the Voting Bonds must be represented at a Bondholders’ Meeting for a quorum to be present. (f) Resolutions will be passed by simple majority of the Voting Bonds represented at the Bondholders’ Meeting, unless otherwise set out in paragraph (g) below. (g) Save for any amendments or waivers which can be made without resolution pursuant to Clause 9.1.2 17.1 (Procedure for amendments and waivers), ) paragraph (a), section (i) and (bii), a majority of at least 2/3 of the Voting Bonds represented at the Bondholders’ Meeting is required for approval of any waiver or amendment of any provisions of these Bond Terms, including a change of Issuer and change of Bond Trustee.

Authority of the Bondholders’ Meeting. (a) A Bondholders’ ' Meeting may, on behalf of the Bondholders, resolve to alter any of these Bond TermsTerms and the other Finance Document, except the Security Agency Agreement,, including, but not limited to, any reduction of principal or interest and any conversion of the Bonds into other capital classes. A Bondholders' Meeting may also resolve to approve the entry into of any of the intercreditor agreements or arrangement described in Clause 25 (Security). The Security Agent may also request the Bondholders for, through resolutions in a Bondholders' Meeting, instructions and authorisations with respect to any matter under the Bond Terms and the other Finance Documents. (b) A The Bondholders’ Meeting can only cannot resolve that any overdue payment of any instalment will shall be reduced if unless there is a pro rata reduction of the principal that has not fallen due, however, the meeting but may resolve that accrued interest (whether overdue or not) shall be reduced without a corresponding reduction of principal, including if any such accrued and overdue interest has been issued under a separate ISIN in accordance with the regulations of the CSD from time to time. (c) The Bondholders’ ' Meeting may not adopt resolutions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. (d) If all Bonds are regarded as Issuer’s Bondsa resolution by, or an approval of, the Bondholder Bondholders is allowed to vote for these Bondsrequired, such resolution may be passed at a Bondholders' Meeting. Resolutions passed at any Bondholders' Meeting will be binding upon all Bondholders. (e) At least 50% 50 per cent. of the Voting Outstanding Bonds must be represented at a Bondholders’ ' Meeting for a quorum to be present. (f) Resolutions will be passed by simple majority of the Voting Outstanding Bonds represented at the Bondholders’ ' Meeting, unless otherwise set out in paragraph (g) below. (g) Save for any amendments or waivers which can be made without resolution pursuant to Clause 9.1.2 (Procedure for amendments and waivers), paragraph (a) and (b), a A majority of at least 2/3 50.1 per cent. of the Voting Outstanding Bonds represented at the Bondholders’ ' Meeting is required for approval of any waiver or amendment of any provisions of these Bond Terms, including a change of Issuer and change of Security Agent.

Authority of the Bondholders’ Meeting. (a) A Bondholders’ Meeting may, on behalf of the Bondholders, resolve to alter any of these Bond Terms, including, but not limited to, any reduction of principal or interest and any conversion of the Bonds into other capital classes. (b) A The Bondholders’ Meeting can only cannot resolve that any overdue payment of any instalment will shall be reduced if unless there is a pro rata reduction of the principal that has not fallen due, however, the meeting but may resolve that accrued interest (whether overdue or not) shall be reduced without a corresponding reduction of principal, including if any such accrued and overdue interest has been issued under a separate ISIN in accordance with the regulations of the CSD from time to time. (c) The Bondholders’ Meeting may not adopt resolutions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. (d) If all Bonds are regarded Subject to the power of the Bond Trustee to take certain action as Issuer’s Bondsset out in Clause 16.1 (Power to represent the Bondholders), if a resolution by, or an approval of, the Bondholder Bondholders is allowed to vote for these Bondsrequired, such resolution may be passed at a Bondholders’ Meeting. Resolutions passed at any Bondholders' Meeting will be binding upon all Bondholders. (e) At least 50% 50 per cent. of the Voting Bonds must be represented at a Bondholders’ Meeting for a quorum to be present. (f) Resolutions will be passed by simple majority of the Voting Bonds represented at the Bondholders’ Meeting, unless otherwise set out in paragraph (g) below.the (g) Save for any amendments or waivers which can be made without resolution pursuant to Clause 9.1.2 17.1 (Procedure for amendments and waivers), ) paragraph (a), section (i) and (bii), a majority of at least 2/3 of the Voting Bonds represented at the Bondholders’ Meeting is required for approval of any waiver or amendment of any provisions of these Bond Terms, including a change of Issuer and change of Bond Trustee.