Common Safekeeper. In relation to each Series where the relevant Global Note is in NGN form or the relevant Global Certificate is held under the NSS, the Issuer hereby authorises and instructs the Fiscal Agent to elect Euroclear or Clearstream Banking as Common Safekeeper. From time to time, the Issuer and the Fiscal Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Fiscal Agent in respect of any such election made by it.
Common Safekeeper. In relation to each Series which is in NGN form or held under the NSS, the Issuer hereby authorises and instructs the Issuing and Principal Paying Agent to elect either Euroclear or Clearstream, Banking as Common Safekeeper. From time to time, the Issuer and the Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Banking to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Principal Paying Agent in respect of any such election made by it.
Common Safekeeper. In relation to each Series where the relevant Global Registered Certificate is held under the NSS, the Issuer hereby authorises and instructs the Issuing and Paying Agent to elect either of Euroclear or Clearstream, Luxembourg as Common Safekeeper. From time to time, the Issuer and the Issuing and Paying Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Paying Agent in respect of any such election made by it.
Common Safekeeper in relation to each Series where the relevant Global Note is in NGN form or the relevant Global Certificate is held under the NSS, the Issuer hereby authorises and instructs the Fiscal Agent or the Registrar, as the case may be, to elect Euroclear/Clearstream, Luxembourg as Common Safekeeper. From time to time, the Issuer and the Fiscal Agent or the Registrar, as the case may be, may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Fiscal Agent or the Registrar, as the case may be, in respect of any such election made by it.
Common Safekeeper. In relation to each Series which is in NGN form, the Issuer hereby authorises and instructs the Fiscal Agent to elect Euroclear or Clearstream as Common Safekeeper. From time to time, the Issuer and the Fiscal Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Fiscal Agent in respect of any such election made by it.
Common Safekeeper. In relation to each Series where the relevant Global Note is in NGN form or the relevant Global Certificate is held under the NSS, the Relevant Issuer hereby authorises and instructs the Issuing and Paying Agent to elect Euroclear or Clearstream Banking as Common Safekeeper. From time to time, the Relevant Issuer and the Agent may agree to vary this election. The Issuers acknowledge that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Paying Agent in respect of any such election made by it.
Common Safekeeper. In relation to each Series which is in NGN form, each Issuer hereby authorises and instructs the Issuing and Paying Agent to elect Clearstream, Luxembourg as Common Safekeeper. From time to time, the Issuers and the Agent may agree to vary this election. Each Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Paying Agent in respect of any such election made by it.
Common Safekeeper. In relation to each Series which is in NGN form or the relevant Global Certificate is held under the NSS, each of SCPLC and SCB hereby authorises and instructs the Issuing and Paying Agent to elect Euroclear as Common Safekeeper. From time to time, SCPLC or SCB and the Issuing and Paying Agent may agree to vary this election. Each of SCPLC and SCB acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Paying Agent in respect of any such election made by it.
Common Safekeeper. The Issuer hereby authorises and instructs the Principal Paying Agent to elect Clearstream, Luxembourg as Common Safekeeper. The Issuer acknowledges that any such election is subject to the rights of Euroclear and Clearstream, Luxembourg.
Common Safekeeper. In relation to (i) each issue of Eurosystem-eligible NGNs or (ii) each issue of Eurosystem- eligible NSS Global Certificates, the Issuer hereby authorises and instructs the Issuing and Paying Agent to elect Euroclear as Common Safekeeper. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Luxembourg to jointly determine that the other shall act as Common Safekeeper and agrees that no liability shall attach to the Issuing and Paying Agent in respect of such election made by it.
(a) Agents' Duties: The obligations of the Agents are several and not joint. Each Agent shall be obliged to perform only such duties as are specifically set out in this Agreement (including Schedule 5 (Obligations regarding Notes in NGN or NSS Form) in the case of the Issuing and Paying Agent where the relevant Notes are represented by a NGN or NSS Global Certificate), the Conditions and any duties necessarily incidental to them. No implied duties or obligations of any kind (including without limitation duties or obligations of a fiduciary or equitable nature) shall be read into any such documents. No Agent shall be obliged to perform additional duties set out in any Final Terms and thereby incorporated into the Conditions unless it shall have previously agreed to perform such duties. If the Conditions are amended on or after a date on which any Agent accepts any appointment in a way that affects the duties expressed to be performed by such Agent, it shall not be obliged to perform such duties as so amended unless it has first approved the relevant amendment. No Agent shall be under any obligation to take any action under this Agreement that it expects will result in any expense to or liability of such Agent, the payment of which is not, in its opinion, assured to it within a reasonable time. In the case of Notes represented by a NGN or NSS Global Certificate, each of the Agents (other than the Issuing and Paying Agent) agrees that if any information required by the Issuing and Paying Agent to perform the duties set out in Schedule 5 (Obligations regarding Notes in NGN or NSS Form) becomes known to it, it will promptly provide such information to the Issuing and Paying Agent.
