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 equal to or less than 25 per cent. (or 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 (other than as a result of a partial redemption of the Notes pursuant to Condition 5(c) (Redemption at the Option of the Issuer (Issuer Call)) or Condition 5(d) (Make-Whole Redemption)), 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 and not more than 60 days’ notice (or such other notice period as may be specified in the applicable Final Terms) to the Noteholders in accordance with Condition 12 (Notices) (which notice shall be irrevocable and shall specify the date fixed for redemption) at the Residual Call Early Redemption Amount together, if appropriate, with interest accrued to (but excluding) the date of redemption.

Issuer Residual Call. If Issuer Residual Call is specified as being applicable in the applicable Final Terms or (in the case of Exempt Notes) the applicable Pricing Supplement and, at any time, the outstanding aggregate nominal amount of the Notes is equal to or less than 25 20 per cent. (or such other percentage as may be specified in the applicable Final Terms as being the Residual Call Threshold) 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 5(c) (Redemption at the Option of the Issuer (Issuer Call)) or Condition 5(d) (Make-Whole Redemption6.3(a)), 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 and not the minimum period nor more than 60 days’ the maximum period of notice (or such other notice period as may be specified in the applicable Final TermsTerms or (in the case of Exempt Notes) the applicable Pricing Supplement to the Noteholders Agent and, in accordance with Condition 12 (Notices) 13, 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 or (in the case of Exempt Notes) the applicable Pricing Supplement, together, if appropriate, with interest accrued to (but excluding) the date of redemption.