Common use of Meaning of outstanding Clause in Contracts

Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security shall be considered to be "outstanding" unless one or more of the following events has occurred: 1.2.1 it has been redeemed in full, or purchased under Condition 6(i) (Redemption and Purchase - Purchase), and in either case has been cancelled in accordance with Condition 6(j) (Redemption and Purchase - Cancellation); 1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security (including all accrued interest) have been received by the Fiscal Agent and remain available for payment; 1.2.3 all claims for principal and interest in respect of such Security have become void under Condition 10 (Prescription); 1.2.4 it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 (Replacement of Securities and Coupons); or 1.2.5 for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securities) only, it is held by, or by any person for the benefit of, the Issuer or the Guarantor; provided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities and (ii) Condition 12 (Meetings of Holders of Securities and Modification, Substitution and Variation) and Schedule 5 (Provisions for Meetings of Holders of Securities), those Securities (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor or any Subsidiary or Affiliate of either) for the benefit of the Issuer, the Guarantor or any Subsidiary or Affiliate of either shall (unless and until ceasing to be so held) be deemed not to remain outstanding.

Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security Note shall be considered to be "“outstanding" ” unless one or more of the following events has occurred: 1.2.1 it has been redeemed in full, or purchased under Condition 6(i5(e) (Redemption and Purchase - — Purchase), and in either case has been cancelled in accordance with Condition 6(j5(f) (Redemption and Purchase - — Cancellation); 1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security Note (including all accrued interest) have been received by the Fiscal Agent and remain available for payment; 1.2.3 all claims for principal and interest in respect of such Security Note have become void under Condition 10 9 (Prescription); 1.2.4 it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 10 (Replacement of Securities Notes and Coupons); or 1.2.5 for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securitiesthe Noteholders) only, it is held by, or by any person for the benefit of, the Issuer or the GuarantorIssuer; providedProvided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities Noteholders and (ii) Condition 12 (Meetings of Holders of Securities and Noteholders; Modification, Substitution and Variation) and Schedule 5 (Provisions for Meetings of Holders of SecuritiesNoteholders), those Securities Notes (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor Issuer or any Subsidiary or Affiliate of either) for the benefit of the Issuer, the Guarantor Issuer or any Subsidiary or Affiliate of either shall (unless and until ceasing to be so held) be deemed not to remain outstanding.

Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security Note shall be considered to be "outstanding" unless one or more of the following events has occurred: 1.2.1 it has been redeemed in full, or purchased under Condition 6(i) 5(a), (Redemption and Purchase - Purchase– Scheduled Redemption), Condition 5(b), (Redemption and Purchase – Redemption for tax reasons), Condition 5(c), (Redemption and Purchase – Redemption on Change of Control), Condition 5(d), (Redemption and Purchase – Redemption at the option of the Issuer) and Condition 5(f), (Redemption and Purchase – Purchase) and in either any case has been cancelled in accordance with Condition 6(j5(g) (Redemption and Purchase - Cancellation); 1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security Note (including all accrued interest) have been received by the Fiscal Agent and remain available for payment; 1.2.3 all claims for principal and interest in respect of such Security Note have become void under Condition 10 9 (Prescription); 1.2.4 it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 10 (Replacement of Securities Notes and CouponsCoupons ); or 1.2.5 for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securitiesthe Noteholders) only, it is held by, or by any person for the benefit of, the Issuer or the Guarantor; provided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities and (ii) Condition 12 (Meetings of Holders of Securities and Modification, Substitution and Variation) and Schedule 5 (Provisions for Meetings of Holders of Securities), those Securities (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor or any Subsidiary or Affiliate of either) for the benefit of the Issuer, the Guarantor or any Subsidiary or Affiliate of either shall (unless and until ceasing to be so held) be deemed not to remain outstanding.;

Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security Note shall be considered to be "outstanding" unless one or more of the following events has occurred: 1.2.1 (a) it has been redeemed in full, or purchased under Condition 6(i) (Redemption full and Purchase - Purchase), and in either case has been cancelled in accordance with Condition 6(j) 5 (Redemption and Purchase - CancellationPurchase); 1.2.2 (b) the due date for its redemption in full has occurred and all sums due in respect of such Security Note (including all accrued interest) have been received by the Fiscal Agent and remain available for paymentpayment against presentation and surrender of such Note or (as the case may be) the relevant Coupons; 1.2.3 (c) all claims for principal and interest in respect of such Security Note have become void under Condition 10 9 (Prescription); 1.2.4 (d) it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 (Replacement of Securities and CouponsNotes); or 1.2.5 (e) for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securitiesthe Noteholders) only, it is held by, or by any person for the benefit of, the Issuer or the GuarantorIssuer; providedProvided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities Noteholders and (ii) Condition 12 (Meetings of Holders of Securities Noteholders and Modification, Substitution and VariationModifications) and Schedule 5 (Provisions for Meetings of Holders of Securitiesthe Noteholders), those Securities Notes (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor Issuer or any Subsidiary subsidiary or Affiliate affiliate of eitherit) for the benefit of the Issuer, the Guarantor Issuer or any Subsidiary subsidiary or Affiliate affiliate of either it shall (unless and until ceasing to be so held) be deemed not to remain outstanding.

Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security shall be considered to be "outstanding" unless one or more of the following events has occurred: 1.2.1 it has been redeemed in full, or purchased under Condition 6(i6(h) (Redemption and Purchase - Purchase), and in either case has been cancelled in accordance with Condition 6(j6(i) (Redemption and Purchase - Cancellation); 1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security (including all accrued interest) have been received by the Fiscal Agent and remain available for payment; 1.2.3 all claims for principal and interest in respect of such Security have become void under Condition 10 (Prescription); 1.2.4 it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 (Replacement of Securities and Coupons); or 1.2.5 for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securities) only, it is held by, or by any person for the benefit of, the Issuer or the Guarantor; provided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities and (ii) Condition 12 (Meetings of Holders of Securities and Modification, Substitution and Variation) and Schedule 5 (Provisions for Meetings of Holders of Securities), those Securities (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor or any Subsidiary or Affiliate of either) for the benefit of the Issuer, the Guarantor or any Subsidiary or Affiliate of either shall (unless and until ceasing to be so held) be deemed not to remain outstanding.