Common use of Other Mandatory Redemption Event Clause in Contracts

Other Mandatory Redemption Event. any other event specified as an applicable Mandatory Redemption Event, the Issuer will give a Notice of Redemption and will redeem the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date. If a Mandatory Redemption Event has occurred prior to the Maturity Date, Base Condition 6.1 of the Notes shall not apply and the Notes shall be redeemed on the Mandatory Redemption Date notwithstanding that the Maturity Date may fall prior to such Mandatory Redemption Date.

Other Mandatory Redemption Event. any other event specified as an applicable a Mandatory Redemption Event, the Issuer will give a Notice of Redemption and will redeem a portion of the Notes equal to the portion that the Affected Assets bears to the Assets at their Mandatory Redemption Amount on the Mandatory Redemption Date. If a Mandatory Redemption Event has occurred prior to the Maturity Date, Base Condition 6.1 of the Notes shall not apply and the Notes shall be redeemed on the Mandatory Redemption Date notwithstanding that the Maturity Date may fall prior to such Mandatory Redemption Date.