Common use of Conditions of the Bond Issue Clause in Contracts

Conditions of the Bond Issue. The Bond Issue was subject to a limited number of customary conditions for this type of transaction (which are listed and defined in the Placement Agreement) and negotiated between the Joint Lead Managers and the Issuer, including the terms of the best effort obligation of the Joint Lead Managers to place the Bonds with investors at the issue price. Furthermore, the Placement Agreement provided that the Joint Lead Managers had the right to immediately terminate their obligations in the following events:

Conditions of the Bond Issue. ‌ The Bond Issue was subject to a limited number of customary conditions for this type of transaction (which are listed and defined in the Placement Agreement) and negotiated between the Joint Lead Managers and the Issuer, including the terms of the best effort obligation of the Joint Lead Managers to place the Bonds with investors at the issue price. Furthermore, the Placement Agreement provided that the Joint Lead Managers had the right to immediately terminate their obligations in the following events: