Common use of Closed Periods Clause in Contracts

Closed Periods. Holders may not require transfers to be registered during (i) the period of 15 days ending on the due date for any payment of principal or Distribution (as defined in Condition 4(a) (Distribution – Accrual of Distribution)) in respect of the Securities or (ii) during the period of 15 days ending on (and including) any date on which the Securities may be called for redemption by the Issuer at its option pursuant to Condition 5 (Redemption).

Closed Periods. Registered Holders may not require transfers to be registered during (i) during the period of 15 days ending on the due date for any payment of principal or Distribution (as defined in Condition 4(a) (Distribution – Accrual of Distribution)) interest in respect of the Securities Registered Notes or (ii) during the period of 15 days ending on (and including) any date on which before the Securities Notes may be called for redemption by the Issuer at its option pursuant to Condition 5 11.3 (Redemption)Redemption at the option of the Issuer) or Condition 11.4 (Clean-up Call Option) or (iii) after any such Note has been called for redemption or (iv) during the period of 7 days ending on (and including) any Record Date.