Common use of Global Depositaries Required; Eligibility Clause in Contracts

Global Depositaries Required; Eligibility. At all times when there is a Book-Entry Depositary and a Note Custodian hereunder, each of them shall be a corporation organized and doing business under the laws of a jurisdiction other than Ireland having, together with its parent, a combined capital and surplus of at least EURO 250,000,000, subject to supervision or examination by the relevant governmental or regulatory authority, and willing to act on reasonable terms. Such corporation will have its principal place of business in London, England if there be such a corporation in such location willing to act upon reasonable and customary terms and conditions. If such corporation, or its parent, publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 3.05, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Book-Entry Depositary or the Note Custodian shall cease to be eligible in accordance with the provisions of this Section 3.05, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

Global Depositaries Required; Eligibility. At all times when there is a Book-Entry entry Depositary and a Senior Note Custodian hereunder, each of them shall be a corporation organized and doing business under the laws of a jurisdiction other than the Republic of Ireland having, together with its parent, a combined capital and surplus of at least EURO 250,000,000$50,000,000, subject to supervision or examination by the relevant governmental or regulatory authority, and willing to act on reasonable terms. Such corporation will have its principal place of business in London, England if there be such a corporation in such location willing to act upon reasonable and customary terms and conditions. If such corporation, or its parent, publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 3.05, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Book-Entry entry Depositary or the Senior Note Custodian shall cease to be eligible in accordance with the provisions of this Section 3.05, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

Global Depositaries Required; Eligibility. At all times when there is a Book-Entry Depositary and a Note Custodian hereunder, each of them shall be a corporation organized and doing business under the laws of a jurisdiction other than Ireland having, together with its parent, a combined capital and surplus of at least EURO €250,000,000, subject to supervision or examination by the relevant governmental or regulatory authority, and willing to act on reasonable terms. Such corporation will have its principal place of business in London, England if there be such a corporation in such location willing to act upon reasonable and customary terms and conditions. If such corporation, or its parent, publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 3.05, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Book-Entry Depositary or the Note Custodian shall cease to be eligible in accordance with the provisions of this Section 3.05, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.