Common use of Late payment on Zero Coupon Notes Clause in Contracts

Late payment on Zero Coupon Notes. If the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to Condition 5.1, 5.2 or 5.3 is improperly withheld or refused, the amount due and repayable in respect of such Zero Coupon Note shall be its Early Redemption Amount calculated in accordance with the following formula: Early Redemption Amount = RP x (1 + AY)y where:

Late payment on Zero Coupon Notes. If the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to Condition 5.16.1, 5.2 6.2, 6.3 or 5.3 6.6 above or upon its becoming due and repayable as provided in Condition 9 (Events of Default) is improperly withheld or refused, the amount due and repayable in respect of such Zero Coupon Note shall be its Early Redemption Amount the amount calculated as provided in accordance with the following formula: Early Redemption Amount = RP x Condition 6.7 above (1 + AY)y where:

Late payment on Zero Coupon Notes. If the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to Condition 5.16.1, 5.2 6.2, 6.3 or 5.3 6.4 above or upon its becoming due and repayable as provided in Condition 9 (Events of Default) is improperly withheld or refused, the amount due and repayable in respect of such Zero Coupon Note shall be its Early Redemption Amount the amount calculated as provided in accordance with the following formula: Early Redemption Amount = RP x Condition 6.5(c) above(1 + AY)y where:

Late payment on Zero Coupon Notes. If the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to Condition 5.16.1, 5.2 6.2, 6.3 or 5.3 6.6 above or upon its becoming due and repayable as provided in Condition 9 (Events of Default) is improperly withheld or refused, the amount due and repayable in respect of such Zero Coupon Note shall be its Early Redemption Amount the amount calculated as provided in accordance with the following formula: Early Redemption Amount = RP x (1 + AY)y where:Condition