Common use of Issuer Call Redemption Event Clause in Contracts

Issuer Call Redemption Event. an Issuer Call Redemption Event occurs pursuant to Condition 8.6. Notwithstanding anything to the contrary in the Conditions or any Programme Document, if at any time following the occurrence of a Mandatory Redemption Event (the "Initial Early Redemption Event") an event or circumstance which would otherwise constitute or give rise to a Mandatory Redemption Event occurs (the "Secondary Early Redemption Event") in respect of which the Mandatory Redemption Date relating thereto occurs (or would occur) prior to the date that would have been the Mandatory Redemption Date in respect of the Initial Early Redemption Event, the Secondary Early Redemption Event shall prevail and all references to the "Mandatory Redemption Event" in the Conditions and the Programme Documents shall be construed accordingly.