DUTIES OF THE AGENTS IN CONNECTION WITH EARLY REDEMPTION. 14.1 If the Issuer decides to redeem any Covered Bonds for the time being outstanding before their Final Maturity Date in accordance with the Terms and Conditions, the Issuer shall give notice of the decision to the Bond Trustee and the Principal Paying Agent, and in the case of redemption of Registered Covered Bonds, the Registrar, stating the date on which the Covered Bonds are to be redeemed and the nominal amount of Covered Bonds to be redeemed, not less than 10 days before the date on which the Issuer will give notice to the Covered Bondholders in accordance with the Terms and Conditions of the redemption in order to enable the Principal Paying Agent and, if applicable, the Registrar to carry out its duties in this Agreement and in the Terms and Conditions.
14.2 If some only of the Covered Bonds are to be redeemed, the Principal Paying Agent shall, in the case of Definitive Covered Bonds which are not N Covered Bonds, make the required drawing in accordance with the Terms and Conditions but shall give the Issuer and the Bond Trustee reasonable notice of the time and place proposed for the drawing and the Issuer and the Bond Trustee shall be entitled to send representatives to attend the drawing and shall, in the case of Covered Bonds in global form, co-ordinate the selection of Covered Bonds to be redeemed with DTC, Euroclear and/or Clearstream, Luxembourg, all in accordance with the Terms and Conditions.
14.3 The Principal Paying Agent shall publish the notice required in connection with any redemption and shall, if applicable, at the same time also publish a separate list of the serial numbers of any Definitive Covered Bonds (except in the case of N Covered Bonds, where it shall specify the name of the relevant N Covered Bondholders) previously drawn and not presented for redemption. The redemption notice shall specify the date fixed for redemption, the redemption amount, the manner in which redemption will be effected and, in the case of a partial redemption of Definitive Covered Bonds, the serial numbers of the Covered Bonds (except in the case of N Covered Bonds, where it shall specify the name of the relevant N Covered Bondholders) to be redeemed. The notice will be published in accordance with the Terms and Conditions. The Principal Paying Agent will also notify the Bond Trustee and the other Paying Agents in the case of Bearer Covered Bonds and the Registrar, the Exchange Agent and the Transfer Agents, in the case of Registered Covered Bonds, ...
DUTIES OF THE AGENTS IN CONNECTION WITH EARLY REDEMPTION. 14.1 If the Trustee decides to redeem all of the Certificates in a Series for the time being outstanding prior to the Scheduled Dissolution Date under Condition 11, it shall give notice of the decision to the Principal Paying Agent, the Registrar and the Delegate not less than five Business Days before the date on which the Trustee will give notice to the Certificateholders in accordance with the Conditions of the redemption in order to enable the Principal Paying Agent and the Registrar to carry out their duties in this Agreement and the Conditions.
