Common use of Issuer Residual Call Clause in Contracts

Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is 20 per cent. or less of the aggregate nominal amount of the Series issued (other than as a result (in whole or in part) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d) or Condition 8(e)), the Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time (if this Note is not a Floating Rate Note) or on any Interest Payment Date (if this Note is a Floating Rate Note), on giving not less than 15 nor more than 30 days' notice to the Principal Paying Agent and, in accordance with Condition 15, the Noteholders (which notice shall be irrevocable and shall specify the date fixed for redemption), at the Residual Call Early Redemption Amount specified in the applicable Final Terms, together, if appropriate, with interest accrued to (but excluding) the date of redemption.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Issuer Residual Call. If Subject to Condition 6.10, if Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is 20 25 per cent. (or such other lower percentage as may be specified in the applicable Final Terms) or less of the aggregate nominal amount of the Series issued (other than as a result (in whole or in part) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d) or Condition 8(e))Issuer Residual Call Percentage, the Notes may be redeemed at the option of the Issuer Bank in whole, but not in part, at any time (if this Note is not a Floating Rate Note) or on any Interest Payment Date (if this Note is a Floating Rate Note), on giving not less than 15 nor and not more than 30 60 days' notice (or such other notice period as may be specified in the applicable Final Terms) to the Principal Paying Agent and, Noteholders in accordance with Condition 15, the Noteholders 13 (which notice shall be irrevocable and shall specify the date fixed for redemption), ) at the Residual Call Early Redemption Amount specified in the applicable Final Terms, together, if appropriate, with interest accrued to (but excluding) the date of redemption.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is equal to or less than 20 per cent. (or less such other percentage as may be specified in the applicable Final Terms as being the Residual Call Threshold) of the aggregate nominal amount of the Series issued originally issued, then the Issuer may, having given not less than the minimum period nor more than the maximum period of notice specified in the applicable Final Terms to the Noteholders in accordance with Condition 13 (other than as a result which notice shall be irrevocable and shall specify the date fixed for redemption), redeem all (in whole or in partbut not some only) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d) or Condition 8(e)), the Notes may be redeemed at the option of the Issuer in whole, but not in part, then outstanding at any time (if this the Note is not a Floating Rate Note) or on any Interest Payment Date (if this the Note is a Floating Rate Note), on giving not less than 15 nor more than 30 days' notice to the Principal Paying Agent and, in accordance with Condition 15, the Noteholders (which notice shall be irrevocable and shall specify the date fixed for redemption), ) at the Residual Call Early Redemption Amount specified in the applicable Final Terms, Terms together, if appropriate, with interest accrued to (but excluding) the relevant date of redemption.

Appears in 1 contract

Samples: Agency Agreement

Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is 20 per cent. or less of the aggregate nominal amount of the Series issued (other than as a result (in whole or in part) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d) or Condition 8(e)6.3), the Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time (if this Note is not a Floating Rate Note) or on any Interest Payment Date (if this Note is a Floating Rate Note), on giving not less than 15 nor 30 and not more than 30 60 days' notice to the Principal Paying Agent and, Noteholders in accordance with Condition 15, the Noteholders 13 (which notice shall be irrevocable and shall specify the date fixed for redemption), ) at the Residual Call Early Redemption Amount specified in the applicable Final Terms, together, if appropriate, with interest accrued to (but excluding) the date of redemption.redemption.‌

Appears in 1 contract

Samples: Agency Agreement

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Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is 20 75 per cent. (or less such other percentage as may be specified in the applicable Final Terms as being the Residual Call Threshold) or more of the aggregate nominal amount of the Series originally issued has been redeemed or purchased and cancelled by the Issuer in accordance with this Condition 6, then the Issuer may, having given not less than the minimum period nor more than the maximum period of notice specified in the applicable Final Terms to the Noteholders in accordance with Condition 13 (other than as a result which notice shall be irrevocable and shall specify the date fixed for redemption), redeem all (in whole or in partbut not some only) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d) or Condition 8(e)), the Notes may be redeemed at the option of the Issuer in whole, but not in part, then outstanding at any time (if this the Note is not a Floating Rate Note) or on any Interest Payment Date (if this the Note is a Floating Rate Note), on giving not less than 15 nor more than 30 days' notice to the Principal Paying Agent and, in accordance with Condition 15, the Noteholders (which notice shall be irrevocable and shall specify the date fixed for redemption), ) at the Residual Call Early Redemption Amount specified in the applicable Final Terms, Terms together, if appropriate, with interest accrued to (but excluding) the relevant date of redemption.

Appears in 1 contract

Samples: Agency Agreement

Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms and, at any time, the outstanding aggregate nominal amount of the Notes is 20 25 per cent. or less of the aggregate nominal amount of the Series issued (other than as a result (in whole or in part) of a partial redemption of the Notes pursuant to Condition 8(c), Condition 8(d7.3(a) or Condition 8(eand/or (b)), the Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time (if this Note is not a Floating Rate Note) or on any Interest Payment Date (if this Note is a Floating Rate Note), on giving not less than 15 the minimum period nor more than 30 days' the maximum period of notice specified in the applicable Final Terms to the Principal Paying Agent and, in accordance with Condition 1514, the Noteholders (which notice shall be irrevocable and shall specify the date fixed for redemption), ) at the Residual Call Early Redemption Amount specified in the applicable Final Terms, Terms together, if appropriate, with interest accrued to (but excluding) the date of redemption.

Appears in 1 contract

Samples: Agency Agreement

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