Common use of Outstanding” Defined Clause in Contracts

Outstanding” Defined. For purposes of this Agreement and the Debt Securities, any Debt Security authenticated and delivered pursuant to this Agreement shall, as of any date of determination, be deemed to be “Outstanding”, except: (i) Debt Securities theretofore canceled by the Fiscal Agent or delivered to the Fiscal Agent for cancellation and not reissued by the Fiscal Agent; (ii) Debt Securities which have become due and payable at maturity or otherwise and with respect to which monies sufficient to pay the principal thereof and any interest thereon shall have been paid or duly provided for; or (iii) Debt Securities in lieu of or in substitution for which other Debt Securities shall have been authenticated and delivered pursuant to this Agreement; provided, however, that in determining whether the holders of the requisite principal amount of Outstanding Debt Securities of a Series are present at a meeting of holders of Debt Securities of such Series for quorum purposes or have consented to or voted in favor of any request, demand, authorization, direction, notice, consent, waiver, amendment, modification or supplement hereunder, Debt Securities of such Series owned directly or indirectly by Jamaica shall be disregarded and deemed not to be Outstanding. In determining whether an Agent shall be protected in relying upon any request, demand, authorization, direction, notice, consent or waiver, only Debt Securities which the Agent actually knows to be owned directly or indirectly by Jamaica shall be so disregarded.

Outstanding” Defined. For purposes of the provisions of this Agreement and the Debt Securities, any Debt Security authenticated and delivered pursuant to this Agreement shall, as of any date of determination, be deemed to be “Outstanding”"outstanding", except: (i) Debt Securities theretofore canceled by the Fiscal Agent or delivered to the Fiscal Agent for cancellation and cancelation or held by the Fiscal Agent for reissuance but not reissued by the Fiscal Agent; (ii) Debt Securities which have been called for redemption in accordance with their terms or which have become due and payable at maturity or otherwise and with respect to which monies sufficient to pay the principal thereof (and premium, if any) and any interest thereon shall have been paid or duly provided formade available to the Fiscal Agent; or (iii) Debt Securities in lieu of or in substitution for which other Debt Securities shall have been authenticated and delivered pursuant to this Agreement; provided, however, that in determining whether the holders of the requisite principal amount of Outstanding Debt outstanding Securities of a Series are present at a meeting of holders of Debt Securities of such Series for quorum purposes or have consented to or voted in favor of any request, demand, authorization, direction, notice, consent, waiver, amendment, modification or supplement hereunder, Debt Securities of such Series owned directly or indirectly by Jamaica the Issuer shall be disregarded and deemed not to be Outstanding. In determining whether an Agent shall be protected in relying upon any request, demand, authorization, direction, notice, consent or waiver, only Debt Securities which the Agent actually knows to be owned directly or indirectly by Jamaica shall be so disregardedoutstanding.

Outstanding” Defined. For purposes of the provisions of this Agreement and the Debt Securities, any Debt Security authenticated and delivered pursuant to this Agreement shall, as of any date of determination, be deemed to be “Outstandingoutstanding”, except: (i) Debt Securities theretofore canceled by the Fiscal Agent or delivered to the Fiscal Agent for cancellation and cancelation or held by the Fiscal Agent for reissuance but not reissued by the Fiscal Agent; (ii) Debt Securities which have been called for redemption in accordance with their terms or which have become due and payable at maturity or otherwise and with respect to which monies sufficient to pay the principal thereof (and premium, if any) and any interest thereon shall have been paid or duly provided formade available to the Fiscal Agent; or (iii) Debt Securities in lieu of or in substitution for which other Debt Securities shall have been authenticated and delivered pursuant to this Agreement; provided, however, that in determining whether the holders of the requisite principal amount of Outstanding Debt outstanding Securities of a Series are present at a meeting of holders of Debt Securities of such Series for quorum purposes or have consented to or voted in favor of any request, demand, authorization, direction, notice, consent, waiver, amendment, modification or supplement hereunder, Debt Securities of such Series owned directly or indirectly by Jamaica the Issuer shall be disregarded and deemed not to be Outstanding. In determining whether an Agent shall be protected in relying upon any request, demand, authorization, direction, notice, consent or waiver, only Debt Securities which the Agent actually knows to be owned directly or indirectly by Jamaica shall be so disregardedoutstanding.