Common use of Denomination of Notes Clause in Contracts

Denomination of Notes. The Notes will be issued in such denominations as may be agreed between the relevant Issuer and the relevant Dealer save that the minimum denomination of each Note will be such amount as may be allowed or required from time to time by the relevant central bank (or equivalent body) or any laws or regulations applicable to the relevant Specified Currency (see “Certain Restrictions – Notes having a maturity of less than one year”) and save that the minimum denomination of each Note (other than an Exempt Note issued by Securitas AB) will be €100,000 (or, if the Notes are denominated in a currency other than euro, the equivalent amount in such currency).