Common use of Calculation Duties Clause in Contracts

Calculation Duties. (a) Notwithstanding the provisions of Section 13 of the Agency Agreement, the Australian Agent shall in respect of each Series of Australian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 calendar days before the relevant Payment Day, advise the Issuer of the amount due in respect of each Australian Covered Bond payable by the Issuer on that Payment Day; (ii) as soon as practicable after the relevant time on such date as the relevant Conditions or the relevant Pricing Supplement may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney time one Sydney Banking Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii) not later than 12.00 noon Sydney time one Sydney Banking Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing Supplement: (A) round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) round all figures in such calculations to five significant figures (with halves being rounded up); and (C) round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Agent such documents and other information as the Australian Agent reasonably requires in order for the Australian Agent to properly fulfil its duties as calculation agent under the Agency Agreement. (c) If the Australian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 8, it shall be released from its obligations to make such calculation. The Australian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding anything to the contrary in the provisions of Section 13 1213 of the Agency Agreement, the Australian Canadian Agent shall in respect of each Series of Australian Canadian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 3 calendar days before the relevant Payment Day, advise the Issuer of the amount due in respect of each Australian Canadian Covered Bond payable by the Issuer on that Payment Day; (ii) as soon as practicable after the relevant time on such date as the relevant Terms and Conditions or the relevant Pricing Supplement may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Canadian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii5(a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney Montréal time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii5(a)(ii) not later than 12.00 noon Sydney Montréal time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing Supplement: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Canadian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Canadian Agent such documents and other information as the Australian Canadian Agent reasonably requires requires, including, if applicable, the print screen(s) of the relevant information, in order for the Australian Canadian Agent to properly fulfil its duties as calculation agent under this supplemental agreement. Under no circumstances shall the Agency AgreementCanadian Agent be required to determine or search for the necessary information in order to complete such calculations or have discretion in choosing such rates. (c) If the Australian Canadian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Canadian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding the provisions of Section 13 12 of the Agency Agreement, the Australian Agent shall in respect of each Series of Australian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 calendar days before the relevant Payment Daypayment date, advise the Issuer of the amount due in respect of each Australian Covered Bond payable by the Issuer on that Payment Daypayment date; (ii) as soon as practicable after the relevant time on such date as the relevant Conditions or the relevant Pricing Supplement Final Terms may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii) not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing Supplement: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement Final Terms the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Agent such documents and other information as the Australian Agent reasonably requires in order for the Australian Agent to properly fulfil its duties as calculation agent under the Agency Agreementthis document. (c) If the Australian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding anything to the contrary in the provisions of Section 13 11 of the Agency Agreement, the Australian Canadian Agent shall in respect of each Series of Australian Canadian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 3 calendar days before the relevant Payment Day, advise the Issuer of the amount due in respect of each Australian Canadian Covered Bond payable by the Issuer on that Payment Day; (ii) as soon as practicable after the relevant time on such date as the relevant Terms and Conditions or the relevant Pricing Supplement may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Canadian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 12:00 noon Sydney Toronto time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii) not later than 12.00 12:00 noon Sydney Toronto time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing Supplement: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Canadian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Canadian Agent such documents and other information as the Australian Canadian Agent reasonably requires requires, including, if applicable, the print screen(s) of the relevant information, in order for the Australian Canadian Agent to properly fulfil its duties as calculation agent under the Agency Agreementthis supplemental agreement. (c) If the Australian Canadian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Canadian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding the provisions of Section 13 12 of the Agency Agreement, the Australian Agent shall in respect of each Series of Australian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 calendar days before the relevant Payment Daypayment date, advise the Issuer of the amount due in respect of each Australian Covered Bond payable by the Issuer on that Payment Daypayment date; (ii) as soon as practicable after the relevant time on such date as the relevant Terms and Conditions or the relevant Pricing Supplement may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii) not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing Supplement: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Agent such documents and other information as the Australian Agent reasonably requires in order for the Australian Agent to properly fulfil its duties as calculation agent under the Agency Agreementthis document. (c) If the Australian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding anything to the contrary in the provisions of Section 13 of the Agency Agreement, the Australian Canadian Agent shall in respect of each Series of Australian Canadian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 3 calendar days before the relevant Payment Day, advise the Issuer of the amount due in respect of each Australian Canadian Covered Bond payable by the Issuer on that Payment Day; (ii) as soon as practicable after the relevant time on such date as the relevant Terms and Conditions or the relevant Pricing Supplement Final Terms may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Canadian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii5(a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney Montréal time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii5(a)(ii) not later than 12.00 noon Sydney Montréal time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing SupplementFinal Terms: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Canadian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement Final Terms the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Canadian Agent such documents and other information as the Australian Canadian Agent reasonably requires requires, including, if applicable, the print screen(s) of the relevant information, in order for the Australian Canadian Agent to properly fulfil its duties as calculation agent under this supplemental agreement. Under no circumstances shall the Agency AgreementCanadian Agent be required to determine or search for the necessary information in order to complete such calculations or have discretion in choosing such rates. (c) If the Australian Canadian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Canadian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.

Calculation Duties. (a) Notwithstanding the provisions of Section 13 of the Agency Agreement, the Australian Agent shall in respect of each Series of Australian Covered Bonds in relation to which it is appointed as such: (i) by no later than 7 3 calendar days before the relevant Payment Day, advise the Issuer of the amount due in respect of each Australian Covered Bond payable by the Issuer on that Payment Day; (ii) as soon as practicable after the relevant time on such date as the relevant Terms and Conditions or the relevant Pricing Supplement Final Terms may require, obtain any quote to be obtained or make any determination or calculation to be made in respect of the Australian Covered Bonds; (iii) notify the Issuer of each calculation made under sub-paragraph (a)(ii) as soon as practicable after its determination, and in any event not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; (iv) provide the Issuer with reasonable details of the manner of arriving at each calculation made under sub-paragraph (a)(ii) not later than 12.00 noon Sydney time one Sydney Banking Business Day after such calculation is made; and (v) unless otherwise specified in the relevant Pricing SupplementFinal Terms: (A) A. round all percentages in such calculations to the nearest one hundred-thousandth of a percentage point (with halves being rounded up); (B) B. round all figures in such calculations to five significant figures (with halves being rounded up); and (C) C. round all amounts that fall due and payable in such calculations to the nearest cent (with halves being rounded up). (b) For each Series of Australian Covered Bonds, the Issuer must: (i) specify in the Pricing Supplement Final Terms the rate to be quoted, from which Bloomberg or Reuters page it is to be sourced (if applicable), the relevant time (if applicable) and the number of calendar days prior to the commencement of any interest period that the determination is to be made (the “Determination Date”); and (ii) provide to the Australian Agent such documents and other information as the Australian Agent reasonably requires in order for the Australian Agent to properly fulfil its duties as calculation agent under the Agency Agreementthis supplemental agreement. (c) If the Australian Agent at any time has not been provided with the requisite information to make any determination or calculation or take any action that it is required to pursuant to this clause 85, it shall be released from its obligations to make such calculation. The Australian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.