Common use of Early Redemption Amounts Clause in Contracts

Early Redemption Amounts. For the purposes of paragraphs (b), (c) and (d) above, Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs (b), (cCondition 6(b) and (d) aboveCondition 9, the Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Calculation Amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Calculation Amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the product of (i) either the Calculation Amount or the Specified Denomination as specified in the applicable Final Terms and (ii) the Reference Price specified in the applicable Pricing Supplement Final Terms (the “Reference Amount”) and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date of the first Tranche of Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (cCondition 6(b) or (d) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Amortised Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(via leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Calculation Amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Calculation Amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the product of (i) either the Calculation Amount or the Specified Denomination as specified in the applicable Final Terms and (ii) the Reference Price specified in the applicable Pricing Supplement Final Terms (the “Reference Amount”) and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date of the first Tranche of Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Amortised Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Final Terms, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes but including Instalment Notes and Partly Paid Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal toto the product of: (A) the Reference Price; and (B) the sum of (x) the Reference Price specified in the applicable Pricing Supplement figure 1 and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied Yield, raised to the Reference Price power of x, where “x” is a fraction the numerator of which is equal to the number of days (calculated on the basis of a 360-day year consisting of 12 months of 360 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if repayable and the amount payable in respect denominator of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield360. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed; (y) in the case of Notes denominated in all elapsed or such other currencies on the calculation basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes of paragraphs (b), (cCondition 6(b) and (d6(c) aboveabove and Condition 10, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes , together, if appropriate, with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date interest accrued to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayablerepayable prior to the Maturity Date: (i) in the case of a Note (other than a Zero Coupon Note, a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, an Inflation Linked Redemption Note, a Commodity Linked Redemption Note, an FX Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note) with a Final Redemption Amount equal to 100 per cent. of its outstanding principal amount at the Final Redemption Amount thereof; or (ii) in the case of a Note (other than those described in Condition 6(f)(i) above or Condition 6(f)(iii) below), the Early Redemption Amount payable (subject to Condition 6(l) if applicable) shall be the amount determined in good faith and in a commercially reasonable manner by the Calculation Agent to be the fair market value of the Notes immediately prior to (and ignoring the circumstances leading to) such early redemption, adjusted to account fully for any reasonable expenses and costs of the Issuer and/or its Affiliates of unwinding any underlying and/or related hedging and funding arrangements (including, without limitation, any equity options, equity swaps, or other securities of any type whatsoever hedging the Issuer’s obligations under the Notes), unless otherwise specified in the applicable Final Terms; or (iii) in the case of a Zero Coupon Note, which is not a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, an Inflation Linked Note, a Commodity Linked Redemption Note, an FX Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note, at an amount (the “Amortized Face Amount”) equal to: (A) the sum of (1) the Reference Price specified in the applicable Final Terms multiplied by the face amount of the Note (the “Reference Price Amount”) and (2) the product of the Accrual Yield specified in the applicable Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date to (but excluding) the date fixed for redemption or the date upon which such Note becomes due and repayable (as the case may be); or (B) if the amount payable in with respect of to any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 6(b), (c) ), (d), or (de) above or upon its becoming due and repayable as provided in Condition 12 10 is not paid or available for payment when due, the amount due and repayable in with respect of to such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in with respect of to the Note have been paid; andor (2) the date on which the full amount of the moneys monies repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1514. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after before, as well as before as, after judgment, until the Reference Date Date, unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 calendar days each and, in the case of an incomplete month, the actual number of days elapsed; (y) in the case of Notes denominated in all elapsed or such other currencies on the calculation basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 11, (c) and (d) above, Notes each Note will be redeemed at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes a Note (other than a Zero Coupon Note, an Instalment Note and a Partly Paid Note) with a Final Redemption Amount equal to their principal amountthe Issue Price of the first Tranche of the Series, at the Final Redemption Amount thereof; or; (ii) in the case of Notes a Note (other than a Zero Coupon NotesNote but including an Instalment Note and Partly Paid Note) with a Final Redemption Amount which is or may be less or greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedIssue Price of the first Tranche of the Series, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal its nominal amount; or (iii) in the case of a Zero Coupon NotesNote, at an amount its Early Redemption Amount calculated in accordance with the following formula: Early Redemption Amount = RP x (the “Amortised Face Amount”) equal to: (A) the sum of (x) 1 + AY)y where: ‘‘RP’’ means the Reference Price Price; ‘‘AY’’ means the Accrual Yield; and ‘‘y’’ is the Day Count Fraction specified in the applicable Pricing Supplement and which will be either (yi) 30/360 (in which case the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied numerator will be equal to the Reference Price number of days (calculated on the basis of a 360-day year consisting of 12 months of 30 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if repayable and the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (cdenominator will be 360) or (dii) above or upon its becoming due Actual/360 (in which case the numerator will be equal to the actual number of days from (and repayable as provided in Condition 12 is not paid or available for payment when due, including) the amount due and repayable in respect Issue Date of such Zero Coupon Note shall be the Amortized Face Amount first Tranche of such Zero Coupon Note calculated as provided above as though the references in subparagraph Notes to (Abut excluding) to the date fixed for redemption or (as the case may be) the date upon which the Zero Coupon such Note becomes due and repayable were replaced by references to and the date denominator will be 360) or (the “Reference Date”iii) which is the earlier of: Actual/365 (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall numerator will be equal to the principal amount actual number of such Note together with interest days from (and including) the Maturity Issue Date of the first Tranche of the Notes to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made date fixed for a period of less than a full year, it shall be made redemption or (x) in as the case of Notes denominated in US dollars on may be) the basis of a 360-day year consisting of 12 months of 30 days each and, in date upon which such Note becomes due and repayable and the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(videnominator will be 365); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs (b)Condition 7(b) above and Condition 10, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes but including Instalment Notes and Partly Paid Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal nominal amount; or (iii) in the case of Linked Notes, as determined in the manner specified in the applicable Pricing Supplement; or (iv) in the case of Zero Coupon Notes, at an amount (the “"Amortised Face Amount”") equal toto the sum of: (A) the sum of Reference Price; and (x) the Reference Price specified in the applicable Pricing Supplement and (yB) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the , or such other amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as is provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yieldapplicable Pricing Supplement. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Calculation Amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Calculation Amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal toequal: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement Final Terms and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Amortised Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Final Terms, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Calculation Amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Calculation Amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the product of (i) either the Calculation Amount or the Specified Denomination as specified in the applicable Final Terms and (ii) the Reference Price specified in the applicable Pricing Supplement Final Terms (the “Reference Amount”) and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date of the first Tranche of Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Amortised Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(via leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs Conditions 6.2 (bRedemption for taxation reasons), 6.5(a) (c) Redemption due to illegality or invalidity), and 9 (d) aboveEvents of Default, Notes Acceleration and Enforcement), each Covered Bond will be redeemed (unless otherwise stated in the applicable Final Terms Document or Pricing Supplement) at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (ia) in the case of Notes with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (Covered Bond other than a Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedCovered Bond, at the amount set out specified in, or determined in the manner specified in, the applicable Final Terms Document or Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Final Terms Document or Pricing Supplement, at their principal amountits Principal Amount Outstanding, together with interest accrued to (but excluding) the date fixed for redemption; orand (iiib) in the case of a Zero Coupon NotesCovered Bond, at an amount (the “Amortised Face Amount”) equal toto the sum of: (A) the sum of (xi) the Reference Price specified in the applicable Pricing Supplement and Price; and (yii) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of such Covered Bond to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note Covered Bond becomes due and repayable; or (B) if the amount payable payable. Where such calculation in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall will be made (xA) in the case of Notes denominated a Zero Coupon Covered Bond payable in US dollars a Specified Currency other than euro, on the basis of a 360-day year consisting of 12 months of 30 days each andeach, in the case of an incomplete month, the number of days elapsed; or (yB) in the case of Notes denominated a Zero Coupon Covered Bond payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(via leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365); , or (zC) on such other calculation basis as otherwise may be specified in the applicable Final Terms Document or Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b), (c) above and (d) aboveCondition 13, Notes will be redeemed at an amount (the “"Early Redemption Amount”") calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in, or determined in the manner set out in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised "Amortized Face Amount”") equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 13 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “"Reference Date”") which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Pricing Supplement, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b), (c) above and (d) aboveCondition 13, Notes will be redeemed at an amount (the “"Early Redemption Amount”") calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in, or determined in the manner set out in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised "Amortized Face Amount”") equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement Final Terms and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 13 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “"Reference Date”") which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Final Terms, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes of paragraphs (bCondition 7(b), (c) and (d) aboveunless otherwise specified in the applicable pricing supplement, Notes will (other than Index Notes) shall be redeemed at an amount (the “"Early Redemption Amount”") calculated computed as follows: (i) in the case of Notes with a Final Redemption Amount equal to issued at an Issue Price of 100 percent of their principal amount, at their principal amount in the Final Redemption Amount thereof; orrelevant Specified Currency, together with, in the case of Fixed Rate Notes, interest accrued to the date fixed for redemption; (ii) in the case of Notes (other than Zero Coupon Notes) issued with a Final Redemption Amount which is or may be an Issue Price greater or less than 100 percent of their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedamount, at the amount set out forth in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amountpricing supplement; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised "Amortized Face Amount”") equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement pricing supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement pricing supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date to (but excluding) the date fixed for redemption pursuant to Condition 7(b), (d) or (e) above or (as the case may be) the date upon which such Note becomes due and repayablerepayable as provided in Condition 11; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 7(b), (ce) or (df) above or upon its becoming due and repayable as provided in Condition 12 11 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated computed as provided above above, except that subparagraph (A) shall have effect as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “"Reference Date”") which that is the earlier of: (1) the date day on which all amounts sums due in respect of such Note up to that day are received by or on behalf of the Note have been paidholder of such Note; and (2) the date on which the full amount of the moneys repayable has been received by the Fiscal Agent and notice to that effect has been given (either in accordance with the provisions of Condition 1517 or individually). The calculation computation of the Amortised Amortized Face Amount in accordance with this sub-paragraph subparagraph (B) will continue to be made, to the extent permitted by applicable law after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated Yield and computed in accordance with the provisions of Condition 5(b)(vi5(c); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b), (c) above and (d) aboveCondition 7, Notes will which are redeemed prior to their Maturity Date shall be redeemed at a redemption price (each an amount (the “Early Redemption Amount”) calculated computed as follows, unless otherwise set forth in the applicable Pricing Supplement: (i) in the case of Notes with a Final Redemption Amount equal to (other than Indexed Notes or Partly Paid Notes) issued at an Issue Price of 100% of their principal amount, at their principal amount in the Final Redemption Amount thereof; orrelevant Specified Currency, together with, in the case of Fixed Rate Notes, interest accrued to the date fixed for redemption; (ii) in the case of Notes (other than Zero Coupon Original Issue Discount Notes, Indexed Notes or Partly Paid Notes) issued with a Final Redemption Amount which is or may be an Issue Price greater or less than 100% of their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedamount, at the amount set out forth in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or; (iii) in the case of Zero Coupon Original Issue Discount Notes (other than Indexed Notes or Partly Paid Notes), at an amount (the “Amortised Amortized Face Amount”) equal to: (A) the sum of (x) the Reference Price specified set forth in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified set forth in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date to (but excluding) the date fixed for redemption pursuant to the provisions described under paragraph (b) above or (as the case may be) the date upon which such Note becomes due and repayablerepayable as provided under Condition 7; or (B) if the amount payable in respect of any Zero Coupon Original Issue Discount Note upon redemption of such Zero Coupon Note pursuant to the provisions described under paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in under Condition 12 7 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated computed as provided above above, except that sub-paragraph (A) shall have effect as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Original Issue Discount Note becomes due and repayable were replaced by references to the date (the “Reference Relevant Date”) which that is the earlier of: (1) the date day on which all amounts sums due in respect of such Note up to that day are received by or on behalf of the Note have been paidHolder of such Note; and (2) the date on which the full amount of the moneys repayable has been received by the Paying Agent and notice to that effect has been given in accordance with Condition 1514. The calculation computation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will shall continue to be made, to the extent permitted by applicable law after as well as before judgment, until the Reference Relevant Date unless the Reference Relevant Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made Yield and computed as set forth under Condition 4(b); (xiv) in the case of Indexed Notes denominated the Early Redemption Amount shall be determined in US dollars on accordance with the basis of a 360-day year consisting of 12 months of 30 days each and, index and/or the formula set forth in the case of an incomplete monthapplicable Pricing Supplement, and each such Indexed Note shall be redeemed at the number of days elapsedEarly Redemption Amount; or (yv) in the case of Notes denominated in all other currencies on Partly Paid Notes, the basis that “Actual/Actual ICMA” Early Redemption Amount shall apply, be as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise specified set forth in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs (b), (cConditions 6(b) and (d6(c) aboveabove and Condition 10, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes , together, if appropriate, with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date interest accrued to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) prior to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Maturity Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (xi) in the case of Notes denominated a Note (other than a Zero Coupon Note, a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Redemption Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note) with a Final Redemption Amount equal to 100 per cent. of its outstanding principal amount, at the Final Redemption Amount thereof; or (ii) in US dollars on the basis case of a 360Note (other than those described in Condition 6(f)(i) above or Condition 6(f)(iii) below), the Early Redemption Amount payable shall be the amount per Note of the Specified Denomination specified in the applicable Final Terms, provided that if "Market Value less Associated Costs (no floor)" or "Market Value less Associated Costs (90 per cent. floor)" is LN2-day year consisting 9694 34 specified to be the Early Redemption Amount in the applicable Final Terms, the Early Redemption Amount in respect of 12 months each Note of 30 days the Specified Denomination shall be an amount determined by the Calculation Agent, which on (A) in the case of redemption other than pursuant to Condition 10, the second Business Day immediately preceding the due date for the early redemption of such Note or (B) in the case of redemption pursuant to Condition 10, the due date for the early redemption of such Note, represents the fair market value of such Note (taking into account all factors which the Calculation Agent determines relevant) less Associated Costs, and provided that no account shall be taken of the financial condition of the Issuer which shall be presumed to be able to perform fully its obligations in respect of the Notes and provided further that, if "Market Value less Associated Costs (90 per cent. floor)" is specified to be the Early Redemption Amount in the applicable Final Terms, in no event shall the Early Redemption Amount of each andNote (in the case of an Installment Note, when aggregated with the sum of any Installment Amounts already paid in respect of such Note and in the case of an Amortizing Note, when aggregated with any amounts of principal already paid in respect of such Note) be less than 90 per cent. of the Specified Denomination of such Note or, in the case of an incomplete montha Partly Paid Note, 90 per cent. of the number amount paid up in respect of days elapsedsuch Note or, in the case of a Zero Coupon Note, 90 per cent. of the Amortized Face Amount (as defined in Condition 6(f)(iii) below) of such Note; or (yiii) in the case of Notes denominated (x) a Zero Coupon Note, which is not a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note or (y) any other Note to which this Condition 6(f)(iii) is specified in all other currencies on the basis that “Actual/Actual ICMA” shall relevant Final Terms to apply, as at an amount (the "Amortized Face Amount") calculated in accordance with Condition 5(b)(vi); or the following formula: (zA) as otherwise specified in the applicable Pricing Supplement.Early Redemption Amount = RP x (1 + AY)y where:

Early Redemption Amounts. For the purposes of paragraphs (b), (cConditions 6(b) and (d6(c) aboveabove and Condition 10, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes , together, if appropriate, with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date interest accrued to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) prior to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Maturity Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (xi) in the case of Notes denominated a Note (other than a Zero Coupon Note, a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Redemption Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note) with a Final Redemption Amount equal to 100 per cent. of its outstanding principal amount, at the Final Redemption Amount thereof; or (ii) in US dollars on the basis case of a 360-day year consisting Note (other than those described in Condition 6(f)(i) above or Condition 6(f)(iii) below), the Early Redemption Amount payable shall be the amount per Note of 12 months the Specified Denomination specified in the applicable Final Terms, provided that if “Market Value less Associated Costs (no floor)” or “Market Value less Associated Costs (90 per cent. floor)” is specified to be the Early Redemption Amount in the applicable Final Terms, the Early Redemption Amount in respect of 30 days each andNote of the Specified Denomination shall be an amount determined by the Calculation Agent, which on (i) in the case of redemption other than pursuant to Condition 10, the second Business Day immediately preceding the due date for the early redemption of such Note or (ii) in the case of redemption pursuant to Condition 10, the due date for the early redemption of such Note, represents the fair market value of such Note (taking into account all factors which the Calculation Agent determines relevant) less Associated Costs, and provided that no account shall be taken of the financial condition of the Issuer which shall be presumed to be able to perform fully its obligations in respect of the Notes and provided further that, if “Market Value less Associated Costs (90 per cent. floor)” is specified to be the Early Redemption Amount in the applicable Final Terms, in no event shall the Early Redemption Amount of each Note (in the case of an Installment Note, when aggregated with the sum of any Installment Amounts already paid in respect of such Note and in the case of an Amortizing Note, when aggregated with any amounts of principal already paid in respect of such Note) be less than 90 per cent. of the Specified Denomination of such Note or, in the case of an incomplete montha Partly Paid Note, 90 per cent. of the number amount paid up in respect of days elapsedsuch Note or, in the case of a Zero Coupon Note, 90 per cent. of the Amortized Face Amount (as defined in Condition 6(f)(iii) below) of such Note; or (yiii) in the case of Notes denominated (x) a Zero Coupon Note, which is not a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note or (y) any other Note to which this Condition 6(f)(iii) is specified in all other currencies on the basis that “Actual/Actual ICMA” shall relevant Final Terms to apply, as at an amount (the “Amortized Face Amount”) calculated in accordance with Condition 5(b)(vi); or the following formula: (zA) as otherwise specified in the applicable Pricing Supplement.Early Redemption Amount = RP x (1 + AY)y where:

Early Redemption Amounts. For the purposes of paragraphs paragraph (b), (c) above and (d) aboveCondition 13, Notes will be redeemed at an amount (the “"Early Redemption Amount”") calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in, or determined in the manner set out in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised "Amortized Face Amount”") equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 13 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “"Reference Date”") which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Pricing Supplement, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (II) in the Appendix A-16 case of a Zero Coupon Note payable in euro, on the basis of the actual number of days elapsed divided by 365 (or, if any of the days elapsed falls in a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of for Notes with a Final Redemption Amount equal to their 100.00% of the principal amount, at the Final Redemption Amount thereof; or (ii) in the case of for Notes (other than Zero Coupon Notes, but including Amortizing Notes, Indexed Notes, Installment Notes, and Partly Paid Notes) with a Final Redemption Amount which is or may be greater or less than their principal different from the nominal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of for Zero Coupon Notes, at an amount (the “Amortised Amortized Face Amount”) equal to: (A) the sum of (x1) the Reference Price specified in the applicable Pricing Supplement Final Terms multiplied by the face amount of the Note (the “Reference Price Amount”) and (y2) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayablerepayable (as the case may be); or (B) if the amount payable in with respect of to any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 5(b), (c) ), (d), or (de) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in with respect of to such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in with respect of to the Note have been paid; andor (2) the date on which the full amount of the moneys monies repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1513. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after before, as well as before as, after judgment, until the Reference Date Date, unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 calendar days each and, in the case of an incomplete month, the actual number of days elapsed; (y) in the case of Notes denominated in all elapsed or such other currencies on the calculation basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes of paragraphs (b), (cCondition 6(b) and (d6(c) aboveabove and Condition 10, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes , together, if appropriate, with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date interest accrued to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayablerepayable prior to the Maturity Date: (i) in the case of a Note (other than a Zero Coupon Note, a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Redemption Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note) with a Final Redemption Amount equal to 100 per cent. of its outstanding principal amount at the Final Redemption Amount thereof; or (ii) in the case of a Note (other than those described in Condition 6(f)(i) above or Condition 6(f)(iii) below), the Early Redemption Amount payable (subject to Condition 6(l) if applicable) shall be the amount determined in good faith and in a commercially reasonable manner by the Calculation Agent to be the fair market value of the Notes immediately prior to (and ignoring the circumstances leading to) such early redemption, adjusted to account fully for any reasonable expenses and costs of the Issuer and/or its Affiliates of unwinding any underlying and/or related hedging and funding arrangements (including, without limitation, any equity options, equity swaps, or other securities of any type whatsoever hedging the Issuer’s obligations under the Notes), unless otherwise specified in the applicable Final Terms; or (iii) in the case of a Zero Coupon Note, which is not a Dual Currency Note, an Index Linked Redemption Note, a Share Linked Redemption Note, a GDR/ADR Linked Note, an FX Linked Redemption Note, a Commodity Linked Redemption Note, a Fund Linked Redemption Note, an Inflation Linked Redemption Note, a Hybrid Redemption Note, or an other Underlying Asset(s) Redemption Note, at an amount (the “Amortized Face Amount”) equal to: (A) the sum of (1) the Reference Price specified in the applicable Final Terms multiplied by the face amount of the Note (the “Reference Price Amount”) and (2) the product of the Accrual Yield specified in the applicable Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date to (but excluding) the date fixed for redemption or the date upon which such Note becomes due and repayable (as the case may be); or (B) if the amount payable in with respect of to any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 6(b), (c) ), (d), or (de) above or upon its becoming due and repayable as provided in Condition 12 10 is not paid or available for payment when due, the amount due and repayable in with respect of to such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in with respect of to the Note have been paid; andor (2) the date on which the full amount of the moneys monies repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1514. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after before, as well as before as, after judgment, until the Reference Date Date, unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 calendar days each and, in the case of an incomplete month, the actual number of days elapsed; (y) in the case of Notes denominated in all elapsed or such other currencies on the calculation basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 10, (c) and (d) above, the Notes will be redeemed at an amount (the “their Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or; (ii) in the case of Notes (other than Zero Coupon Notes but including Instalment Notes and Partly Paid Notes) with a Final Redemption Amount which is or may be less or Back to Contents greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal toto the sum of: (A) the sum of Reference Price; and (x) the Reference Price specified in the applicable Pricing Supplement and (yB) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes Notes become due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x1) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; and (y2) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs Conditions 6.2 (bRedemption for taxation reasons), 6.5(a) (c) Redemption due to illegality or invalidity), and 9 (d) aboveEvents of Default, Notes Acceleration and Enforcement), each Covered Bond will be redeemed (unless otherwise stated in the applicable Final Terms Document or Pricing Supplement) at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (ia) in the case of Notes with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (Covered Bond other than a Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedCovered Bond, at the amount set out specified in, or determined in the manner specified in, the applicable Final Terms Document or Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Final Terms Document or Pricing Supplement, at their principal amountits Principal Amount Outstanding, together with interest accrued to (but excluding) the date fixed for redemption; orand (iiib) in the case of a Zero Coupon NotesCovered Bond, at an amount (the “Amortised Face Amount”) equal toto the sum of: (A) the sum of (xi) the Reference Price specified in the applicable Pricing Supplement and Price; and (yii) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of such Covered Bond to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note Covered Bond becomes due and repayable; or (B) if the amount payable payable. Where such calculation in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall will be made (xA) in the case of Notes denominated a Zero Coupon Covered Bond payable in US dollars a Specified Currency other than euro, on the basis of a 360-360- day year consisting of 12 months of 30 days each andeach, in the case of an incomplete month, the number of days elapsed; or (yB) in the case of Notes denominated a Zero Coupon Covered Bond payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); or (z) as otherwise specified in a leap year, the applicable Pricing Supplement.sum of

Early Redemption Amounts. For the purposes of paragraphs (bCondition 7(b), (c) and (d) aboveunless otherwise specified in the applicable Pricing Supplement, Notes (other than Indexed Notes) will be redeemed at an amount (the “"Early Redemption Amount”") calculated computed as follows: (i) in the case of Notes with a Final Redemption Amount equal to issued at an Issue Price of 100 percent of their principal amount, at their principal amount in the Final Redemption Amount thereof; orrelevant Specified Currency, together with, in the case of Fixed Rate Notes, interest accrued to the date fixed for redemption; (ii) in the case of Notes (other than Zero Coupon Notes) issued with a Final Redemption Amount which is or may be an Issue Price greater or less than 100 percent of their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedamount, at the amount set out forth in the applicable Pricing Supplement, or if no such amount or manner is set out in the applicable Pricing Supplement, at their principal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised "Amortized Face Amount”") equal to: (Aa) the sum of (x) the Reference Price specified in the applicable Pricing Supplement Supplement, and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from form (and including) the Issue Date to (but excluding) the date fixed for redemption pursuant to Condition 7(b), (d) or (e) above or (as the case may be) the date upon which such Note becomes due and repayablerepayable as provided in Condition 11; or (Bb) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 7(b), (cd) or (de) above or upon its becoming due and repayable as provided in Condition 12 11 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated computed as provided above above, except that subparagraph (A) shall have effect as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “"Reference Date”") which that is the earlier of: (1) the date day on which all amounts sums due in respect of such Note up to that day are received by or on behalf of the Note have been paidHolder of such Note; and (2) the date on which the full amount of the moneys repayable has been received by the Agent Trustee and notice to that effect has been given (either in accordance with the provisions of Condition 1517 or individually). The calculation computation of the Amortised Amortized Face Amount in accordance with this sub-paragraph subparagraph (B) will continue to be made, to the extent permitted by applicable law after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated Yield and computed in accordance with the provisions of Condition 5(b)(vi5(c); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, the Notes will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of for Notes with a Final Redemption Amount equal to their 100% of the principal amount, at the Final Redemption Amount thereof; or (ii) in the case of for Notes (other than Zero Coupon Notes, but including Amortizing Notes, Indexed Notes, Installment Notes and Partly Paid Notes) with a Final Redemption Amount which is or may be greater or less than their principal different from the nominal amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal nominal amount; or (iii) in the case of for Zero Coupon Notes, at an amount (the “Amortised Amortized Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement multiplied by the face amount of the Note (the “Reference Price Amount”) and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or or (B) if the amount payable in with respect of to any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (bCondition 5(b), (c), (d) or (de) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in with respect of to such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in with respect of to the Note have been paid; andor (2) the date on which the full amount of the moneys monies repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1513. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after before, as well as before as, after judgment, until the Reference Date Date, unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed; (y) in the case of Notes denominated in all elapsed or such other currencies on the calculation basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise may be specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 10, (c) and (d) above, Notes each Note will be redeemed at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes a Note with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or; (ii) in the case of Notes a Note (other than a Zero Coupon NotesNote) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal its nominal amount; or (iii) in the case of a Zero Coupon NotesNote, at an amount its Early Redemption Amount calculated as follows: where: or (as the “Amortised Face Amount”) equal to: (Acase may be) the sum date upon which such Note becomes due and repayable and the denominator of which will be 360) or (xii) Actual/360 (in which case the Reference Price specified in the applicable Pricing Supplement and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied numerator will be equal to the Reference Price actual number of days from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if repayable and the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (cdenominator will be 360) or (diii) above or upon its becoming due Actual/365 (in which case the numerator will be equal to the actual number of days from (and repayable as provided in Condition 12 is not paid or available for payment when due, including) the amount due and repayable in respect Issue Date of such Zero Coupon Note shall be the Amortized Face Amount first Tranche of such Zero Coupon Note calculated as provided above as though the references in subparagraph Notes to (Abut excluding) to the date fixed for redemption or (as the case may be) the date upon which the Zero Coupon such Note becomes due and repayable were replaced by references to and the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) denominator will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period of less than a full year, it shall be made (x) in the case of Notes denominated in US dollars on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi365); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs (b), (cCondition 6(b) and (d) aboveCondition 9, the Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Calculation Amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Calculation Amount or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out so specified in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Face Amount”) equal to: (A) the sum of (x) the product of (i) either the Calculation Amount or the Specified Denomination as specified in the applicable Final Terms and (ii) the Reference Price specified in the applicable Pricing Supplement Final Terms (the “Reference Amount”) and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price Amount from (and including) the Issue Date of the first Tranche of Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (cCondition 6(b) or (d) above or upon its becoming due and repayable as provided in Condition 12 9 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Amortised Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Face Amount in accordance with this sub-sub- paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(vi); or (z) as otherwise specified in the applicable Pricing Supplement.elapsed or

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 11, (c) and (d) above, Notes each Note will be redeemed at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes a Note (other than a Zero Coupon Note, an Instalment Note and a Partly Paid Note) with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or; (ii) in the case of Notes a Note (other than a Zero Coupon NotesNote but including an Instalment Note and Partly Paid Note) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are Note is denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal its nominal amount; or (iii) in the case of a Zero Coupon NotesNote, at an amount its Early Redemption Amount calculated in accordance with the following formula: Early Redemption Amount = RP × (the “Amortised Face Amount”) equal to: (A) the sum of (x) 1 + AY)y where: ‘‘RP’’ means the Reference Price Price; ‘‘AY’’ means the Accrual Yield; and ‘‘y’’ is the Day Count Fraction specified in the applicable Pricing Supplement and which will be either (yi) 30/360 (in which case the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied numerator will be equal to the Reference Price number of days (calculated on the basis of a 360-day year consisting of 12 months of 30 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if repayable and the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (cdenominator will be 360) or (dii) above or upon its becoming due Actual/360 (in which case the numerator will be equal to the actual number of days from (and repayable as provided in Condition 12 is not paid or available for payment when due, including) the amount due and repayable in respect Issue Date of such Zero Coupon Note shall be the Amortized Face Amount first Tranche of such Zero Coupon Note calculated as provided above as though the references in subparagraph Notes to (Abut excluding) to the date fixed for redemption or (as the case may be) the date upon which the Zero Coupon such Note becomes due and repayable were replaced by references to and the date denominator will be 360) or (the “Reference Date”iii) which is the earlier of: Actual/365 (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall numerator will be equal to the principal amount actual number of such Note together with interest days from (and including) the Maturity Issue Date of the first Tranche of the Notes to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made date fixed for a period of less than a full year, it shall be made redemption or (x) in as the case of Notes denominated in US dollars on may be) the basis of a 360-day year consisting of 12 months of 30 days each and, in date upon which such Note becomes due and repayable and the case of an incomplete month, the number of days elapsed; (y) in the case of Notes denominated in all other currencies on the basis that “Actual/Actual ICMA” shall apply, as calculated in accordance with Condition 5(b)(videnominator will be 365); or (z) as otherwise specified in the applicable Pricing Supplement.

Early Redemption Amounts. For the purposes of paragraphs paragraph (b), (c) above and (d) aboveCondition 13, Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows: (i) in the case of Notes with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or (ii) in the case of Notes (other than Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out in, or determined in the manner set out in, the applicable Pricing SupplementFinal Terms or, or if no such amount or manner is set out in the applicable Pricing SupplementFinal Terms, at their principal nominal amount; or (iii) in the case of Zero Coupon Notes, at an amount (the “Amortised Amortized Face Amount”) equal to: (A) the sum of (x) the Reference Price specified in the applicable Pricing Supplement Final Terms and (y) the product of the Accrual Yield specified in the applicable Pricing Supplement Final Terms (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 13 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph sub-paragraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 1516. The calculation of the Amortised Amortized Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal nominal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where Unless specified otherwise in the applicable Final Terms, where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xI) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each (or 365/366 days in the case of Notes denominated in Sterling) and, in the case of an incomplete month, the number of days elapsed; elapsed or (yII) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) on such other calculation basis as otherwise may be specified in the applicable Pricing SupplementFinal Terms.

Early Redemption Amounts. For the purposes purpose of paragraphs Conditions 6.2 (bRedemption for taxation reasons), 6.5(a) (c) Redemption due to illegality or invalidity), and 2 (d) aboveEvents of Default, Notes Acceleration and Enforcement), each Covered Bond will be redeemed (unless otherwise stated in the applicable Final Terms Document or Pricing Supplement) at an amount (the “its Early Redemption Amount”) Amount calculated as follows: (ia) in the case of Notes with a Final Redemption Amount equal to their principal amount, at the Final Redemption Amount thereof; or (ii) in the case of Notes (Covered Bond other than a Zero Coupon Notes) with a Final Redemption Amount which is or may be greater or less than their principal amount or which is payable in a Specified Currency other than that in which the Notes are denominatedCovered Bond, at the amount set out specified in, or determined in the manner specified in, the applicable Final Terms Document or Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Final Terms Document or Pricing Supplement, at their principal amountits Principal Amount Outstanding, together with interest accrued to (but excluding) the date fixed for redemption; orand (iiib) in the case of a Zero Coupon NotesCovered Bond, at an amount (the “Amortised Face Amount”) equal toto the sum of: (A) the sum of (xi) the Reference Price specified in the applicable Pricing Supplement and Price; and (yii) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of such Covered Bond to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note Covered Bond becomes due and repayable; or (B) if the amount payable payable. Where such calculation in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall will be made (xA) in the case of Notes denominated a Zero Coupon Covered Bond payable in US dollars a Specified Currency other than euro, on the basis of a 360-day year consisting of 12 months of 30 days each andeach, in the case of an incomplete month, the number of days elapsed; or (yB) in the case of Notes denominated a Zero Coupon Covered Bond payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(via leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365); , or (zC) on such other calculation basis as otherwise may be specified in the applicable Final Terms Document or Pricing Supplement.

Early Redemption Amounts. For the purposes purpose of paragraphs paragraph (b)) above and Condition 9, (c) and (d) above, Notes each Note will be redeemed at an amount (the “Early Redemption Amount”) Amount calculated as follows: (i) in the case of Notes a Note with a Final Redemption Amount equal to their principal amountthe Issue Price, at the Final Redemption Amount thereof; or; (ii) in the case of Notes a Note (other than a Zero Coupon NotesNote but including an Instalment Note and Partly Paid Note) with a Final Redemption Amount which is or may be less or greater or less than their principal amount the Issue Price or which is payable in a Specified Currency other than that in which the Notes are denominated, at the amount set out specified in, or determined in the manner specified in, the applicable Pricing SupplementSupplement or, or if no such amount or manner is set out so specified in the applicable Pricing Supplement, at their principal its nominal amount; or (iii) in the case of a Zero Coupon NotesNote, at an amount (the “"Amortised Face Amount”") equal toto the sum of: (A) the sum of Reference Price; and (x) the Reference Price specified in the applicable Pricing Supplement and (yB) the product of the Accrual Yield specified in the applicable Pricing Supplement (compounded annually) being applied to the Reference Price from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable; or (B) if the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 12 is not paid or available for payment when due, the amount due and repayable in respect of such Zero Coupon Note shall be the Amortized Face Amount of such Zero Coupon Note calculated as provided above as though the references in subparagraph (A) to the date fixed for redemption or the date upon which the Zero Coupon Note becomes due and repayable were replaced by references to the date (the “Reference Date”) which is the earlier of: (1) the date on which all amounts due in respect of the Note have been paid; and (2) the date on which the full amount of the moneys repayable has been received by the Agent and notice to that effect has been given in accordance with Condition 15. The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield. Where any such calculation is to be made for a period which is not a whole number of less than a full yearyears, it shall be made (xi) in the case of Notes denominated a Zero Coupon Note other than a Zero Coupon Note payable in US dollars euro, on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed; or (yii) in the case of Notes denominated a Zero Coupon Note payable in all other currencies euro, on the basis that “Actual/Actual ICMA” shall applyof the actual number of days elapsed divided by 365 (or, as calculated if any of the days elapsed falls in accordance with Condition 5(b)(vi); a leap year, the sum of (x) the number of those days falling in a leap year divided by 366 and (y) the number of those days falling in a non-leap year divided by 365) or (zin either case) or such other calculation basis as otherwise may be specified in the applicable Pricing Supplement.