Common use of Denomination, Issue and Status Clause in Contracts

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to the Maximum Issue Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the Issuer, without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 the Agent has received all the documents and evidence specified in Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 (Representations and Warranties) are true. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to this Deed shall be cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Subject to clauses 3.2 and 3.3 below, the Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the Issuer, without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for and the Debentures This Deed will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 entered into once the Agent has received all the documents and evidence specified in Schedule 1 (Conditions PrecedentPrecedent to Launch) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, . 3.5 The Holders will only subscribe for and the Debentures will only be issued once the Agent has received all the documents and evidence specified in Schedule 1 (Conditions Precedent to Launch) and Schedule 2 (Conditions to Drawdown) of this Deed in form and substance satisfactory to it and provided that on the date of issuance Effective Date all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to this Deed shall be cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. 3.7 The Issuer acknowledges that if the conditions listed in Schedule 2 (Conditions Precedent to Drawdown) have not been satisfied on or before the Longstop Date, the Agent may (in its absolute discretion) withdraw the Offer, whereupon its obligations pursuant to this Deed shall be cancelled.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, the Agent shall provide and confirm a revised replacement Cash Return Schedule (updated on a pro rata basis) will to be delivered promptly by the Agent to the Issuerdeemed incorporated into this deed. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued issued, once: 3.5.1 the Minimum Issue Amount has been raised; and; 3.5.2 the Agent has received all the documents and evidence specified in Part 2 (Conditions Precedent to the Effective Date) of Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, ; and provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issuedraised, the Agent shall provide and confirm a revised replacement Cash Return Schedule (updated on a pro rata basis) will to be delivered promptly by the Agent to the Issuerdeemed incorporated into this Deed. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued issued, once: 3.5.1 the Minimum Issue Amount has been raised; and; 3.5.2 the Agent has received all of the documents and evidence specified in Schedule 1 (Conditions Precedent) of this Deed precedent), in each case, in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued issued, once: 3.5.1 3.4.1 the Minimum Issue Amount has been raised; and; 3.5.2 3.4.2 the Agent has received all the documents and evidence specified in Part 2 (Conditions Precedent to the Effective Date) of Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, ; and provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 3.5 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 3.6 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to the Maximum Issue Amounta maximum of £4,250,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the Issuer, without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for and the Debentures This Deed will only be issued once: 3.5.1 entered into once the Minimum Issue Amount has been raised; and 3.5.2 the Agent Arranger has received all the documents and evidence specified in Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent Arranger shall notify the Issuer promptly upon being so satisfied, provided that on . 3.5 The Holders will only subscribe for and the date of issuance Debentures will only be issued once the Arranger has received all the representations documents and warranties evidence specified in Schedule 3 1 (Representations Conditions Precedent) and Warrantiesparagraph 11 (Conditions to Drawdown) are trueof Schedule 4 (Positive Undertakings) of this Deed in form and substance satisfactory to it. The Arranger shall notify the Issuer promptly upon being so satisfied. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to this Deed shall be cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 , the Agent has received all of the documents and evidence specified in Schedule 1 (Conditions Precedent) of this Deed precedent), in each case, in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 3.5 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 3.6 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured unsecured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference without any preference among themselves and pari passu with all other any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued issued, once: 3.5.1 3.4.1 the Minimum Issue Amount has been raised; and; 3.5.2 3.4.2 the Agent has received all the documents and evidence specified in Part 2 (Conditions Precedent to the Effective Date) of Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, ; and provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are truetrue in all material respects. The Agent (or its legal advisers acting on its behalf) shall notify the Issuer (or its legal advisers acting on its behalf) promptly upon being so satisfied. 3.6 3.5 Where the Conditions Precedent have not been satisfied by the Longstop Date, Date the Agent and the Arranger may (at its their absolute discretion discretion) withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 3.6 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 once the Agent has received all the documents and evidence specified in Part 2 (Conditions Precedent to the Effective Date) of Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 3.5 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 3.6 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to not exceed the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other without any preference among themselves and in priority to any outstanding secured unsecured and unsubordinated obligations of the Issuer, without any preference among themselves Issuer (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for for, and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 issued, once the Agent has received all the documents and evidence specified in Part 2 (Conditions Precedent to the Effective Date) of Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 4 (Representations and Warranties) are true. The Agent shall notify the Issuer promptly upon being so satisfied. 3.6 3.5 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent and the Arranger may at its their absolute discretion withdraw the Offer Offer, whereupon its their obligations pursuant to this Deed shall be immediately cancelled. 3.7 3.6 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to the Maximum Issue Issuance Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the Issuer, without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 The minimum aggregate principal amount of the Debentures issued shall be an amount equal to or in excess of the Minimum Issuance Amount. 3.5 Should the Maximum Issue Issuance Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly confirmation by the Agent of the new figures to be inserted into the IssuerPayment Schedule. 3.5 3.6 The Holders will only subscribe for and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 once the Agent has received all the documents and evidence specified in Schedule 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 (Representations and Warranties) are true. 3.6 3.7 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to this Deed shall be cancelled. 3.7 3.8 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to the Maximum Issue Amount£3,100,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the Issuer, without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should This Deed will only be entered into once the Maximum Issue Amount not be issued, a revised Cash Return Arranger has received all the documents and evidence specified in Schedule 1 (updated on a pro rata basisConditions Precedent to entry into Debenture Deed) will be delivered of this Deed in form and substance satisfactory to it. The Arranger shall notify the Issuer promptly by the Agent to the Issuerupon being so satisfied. 3.5 The Holders will only subscribe for and the Debentures will only be issued once: 3.5.1 the Minimum Issue Amount has been raised; and 3.5.2 once the Agent has received all the documents and evidence specified in Schedule 1 (Conditions PrecedentPrecedent to entry into Debenture Deed) and Schedule 2 (Conditions to Drawdown) of this Deed in form and substance satisfactory to it. The Agent shall notify the Issuer promptly upon being so satisfied, provided that on the date of issuance all the representations and warranties in Schedule 3 (Representations and Warranties) are true. 3.6 Where the Conditions Precedent have not been satisfied by the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to this Deed shall be cancelled. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. 3.7 The Issuer acknowledges that failure to satisfy the conditions listed in Schedule 2 (Conditions Precedent to Drawdown) on or before the Long Stop Date will result in the issue of the Debentures being abandoned and aggregate principal amount of funds held by the Arranger from prospective Debenture Holders at that point, in time, being returned to those prospective Debenture Holders.

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and in multiple integral amounts of one pound Sterling (£1.00) in nominal amount in excess thereof. 3.2 The aggregate principal amount of the Debentures issued shall be limited to the Maximum Issue Debenture Amount. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and secured obligations of the Issuer and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding secured and unsubordinated obligations of the IssuerIssuer (including those debenture issued pursuant to the Original Debenture Deed), without any preference among themselves (except for obligations mandatorily preferred by law applying to companies generally). 3.4 Should the Maximum Issue Amount not be issued, a revised Cash Return Schedule (updated on a pro rata basis) will be delivered promptly by the Agent to the Issuer. 3.5 The Holders will only subscribe for and the Debentures This Deed will only be issued once: 3.5.1 entered into once the Minimum Issue Amount has been raised; and 3.5.2 the Agent Arranger has received all the documents and evidence specified in Schedule 1 Part 1 (Conditions Precedent) of this Deed in form and substance satisfactory to it. The Agent Arranger shall notify the Issuer promptly upon being so satisfied, provided that on . 3.5 The Holders will only advance funds pursuant to the date of issuance Debentures once the Arranger has received all the representations and warranties in Schedule 3 (Representations and Warranties) are truedocuments to it. The Arranger shall notify the Issuer promptly upon being so satisfied. 3.6 Where Should the Conditions Precedent have Holders not been satisfied subscribe for and the Debentures not be issued in accordance with clause 3.5 above, then the Security Trustee will procure that any Security created by any Security Agreement already provided and executed in accordance with the Longstop Date, the Agent may at its absolute discretion withdraw the Offer whereupon its obligations pursuant to requirements of this Deed shall be cancelledreleased forthwith. 3.7 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions.