Common use of Global Securities — Euroclear and Clearstream Book Entry Provisions Clause in Contracts

Global Securities — Euroclear and Clearstream Book Entry Provisions. Insofar as interests in any Euroclear/Clearstream Global Security are held by the agent members of Euroclear or Clearstream, the provisions of the “Operating Procedures of the Euroclear System” and the “Terms and Conditions Governing Use of Participants” of Euroclear and Clearstream, respectively, shall be applicable to such Euroclear/Clearstream Global Security. Notwithstanding the foregoing, nothing herein shall prevent IRSA PC, the Trustee, any Agent or any other agent hereunder from giving effect to any written certification, proxy or other authorization furnished by Euroclear or Clearstream or impair, as between Euroclear or Clearstream and their respective agent members, the operation of customary practices governing the exercise of the rights of a Holder of any Euroclear/Clearstream Global Security.