Common use of Clean-up Call Option Clause in Contracts

Clean-up Call Option. If the Clean-up Call Option (defined herein) is specified in the relevant Final Terms as being applicable, in the event that at least 80 per cent. of the initial aggregate principal amount of the Notes has been previously purchased and cancelled by the Issuer, the Issuer may, at its option (the “Clean-Up Call Option”) but subject to having given not less than thirty (30) nor more than sixty (60) days’ notice to the Noteholders, redeem all, but not some only, of the outstanding Notes. Any such redemption of Notes shall be at their Optional Redemption Amount (as specified in the applicable Final Terms) together with interest accrued to the date fixed for redemption.

Clean-up Call Option. If the a Clean-up Up Call Option (defined herein) is specified in the relevant applicable Final Terms as being applicable, in the event that at least 80 and if not less than 75 per cent. of the initial aggregate principal nominal amount of Notes of the same Series (including any further Notes has issued pursuant to Condition 15) have been previously redeemed or purchased and cancelled by the Issuerby, or on behalf of, the relevant Issuer and cancelled, the relevant Issuer may, at its option (the “Clean-Up Call Option”) but subject to having given on giving not less than fifteen (15) nor more than thirty (30) nor more than sixty (60) days’ irrevocable notice in accordance with Condition 13 to the NoteholdersNoteholders redeem the Notes, redeem all, in whole but not some onlyin part, of at the outstanding Notes. Any such redemption of Notes shall be at their Optional Early Redemption Amount (as specified in the applicable Final Terms) together with interest accrued to to, but excluding, the date fixed for redemption.

Clean-up Call Option. If the a Clean-up Up Call Option (defined herein) is specified in the relevant applicable Final Terms as being applicable, in the event that at least and if not less than 80 per cent. of the initial aggregate principal nominal amount of Notes of the same Series (including any further Notes has issued pursuant to Condition 15) have been previously redeemed or purchased and cancelled by the Issuerby, or on behalf of, the relevant Issuer and cancelled, the relevant Issuer may, at its option (the “Clean-Up Call Option”) but subject to having given on giving not less than fifteen (15) nor more than thirty (30) nor more than sixty (60) days’ irrevocable notice in accordance with Condition 13 to the NoteholdersNoteholders redeem the Notes, redeem all, in whole but not some onlyin part, of at the outstanding Notes. Any such redemption of Notes shall be at their Optional Early Redemption Amount (as specified in the applicable Final Terms) together with interest accrued to to, but excluding, the date fixed for redemption.

Clean-up Call Option. If the Clean-up Call Option (defined herein) is specified in the relevant Final Terms as being applicable, in the event that at least 80 per cent. of the initial aggregate principal amount of the Notes has been previously purchased and cancelled by the Issuer, the Issuer may, at its option (the “Clean-Up Call Option”) but subject to having given not less than thirty (30) nor more than sixty (60) days’ notice (or such other period of notice as is specified in the applicable Final Terms) to the Noteholders, redeem all, but not some only, of the outstanding Notes. Any such redemption of Notes shall be at their Optional Early Redemption Amount (as specified in the applicable Final Terms) together with interest accrued to the date fixed for redemption.