Common use of Preconditions to Redemption Clause in Contracts

Preconditions to Redemption. Prior to serving any notice of redemption pursuant to this Condition 6 (other than Condition 6(b) (Redemption and Purchase - Issuer's Call Option) or Condition 6(c) (Redemption and Purchase - Issuer's Make-Whole Call Option)), the Guarantor shall: (i) deliver to the Fiscal Agent a certificate signed by one authorised signatory of the Guarantor stating that the relevant requirement or circumstance giving rise to the right to redeem is satisfied; (ii) in the case of a Tax Event or Withholding Tax Event deliver to the Fiscal Agent an opinion of independent legal or other tax advisers to the effect set out in paragraph (i) above; (iii) in the case of an Accounting Event, deliver to the Fiscal Agent the relevant opinion from the relevant accountancy firm; and (iv) in the case of a Capital Event, deliver to the Fiscal Agent the relevant confirmation from the relevant Rating Agency.

Preconditions to Redemption. Prior to serving any notice of redemption pursuant to this Condition 6 (other than Condition 6(b) (Redemption and Purchase - Issuer's Call Option) or Condition 6(c) (Redemption and Purchase - Issuer's Make-Whole Call Option)), the Guarantor shall: (i) deliver to the Fiscal Agent a certificate signed by one authorised signatory two directors of the Guarantor stating that the relevant requirement or circumstance giving rise to the right to redeem is satisfied; (ii) in the case of a Tax Event or Withholding Tax Event deliver to the Fiscal Agent an opinion of independent legal or other tax advisers to the effect set out in paragraph (i) above; (iii) in the case of an Accounting Event, deliver to the Fiscal Agent the relevant opinion from the relevant accountancy firm; and (iv) in the case of a Capital Event, deliver to the Fiscal Agent the relevant confirmation from the relevant Rating Agency.

Preconditions to Redemption. Prior to serving any notice of redemption pursuant to this Condition 6 (other than Condition 6(b) (Redemption and Purchase - Issuer's Call Option) or Condition 6(c) (Redemption and Purchase - Issuer's Make-Whole Call Option)), the Guarantor shall:shall:‌ (i) deliver to the Fiscal Agent a certificate signed by one authorised signatory two directors of the Guarantor stating that the relevant requirement or circumstance giving rise to the right to redeem is satisfied; (ii) in the case of a Tax Event or Withholding Tax Event deliver to the Fiscal Agent an opinion of independent legal or other tax advisers to the effect set out in paragraph (i) above; (iii) in the case of an Accounting Event, deliver to the Fiscal Agent the relevant opinion from the relevant accountancy firm; and (iv) in the case of a Capital Event, deliver to the Fiscal Agent the relevant confirmation from the relevant Rating Agency.

Preconditions to Redemption. Prior to serving any notice of redemption pursuant to this Condition 6 (other than Condition 6(b) (Redemption and Purchase - Issuer's Call Option) or Condition 6(c) (Redemption and Purchase - Issuer's Make-Whole Call Option)), the Guarantor shall: (i) deliver to the Fiscal Agent a certificate signed by one authorised signatory two directors of the Guarantor stating that the relevant requirement or circumstance giving rise to the right to redeem is satisfied; (ii) in the case of a Tax Event or Withholding Tax Event deliver to the Fiscal Agent an opinion of independent legal or other tax advisers to the effect set out in paragraph (i) above; (iii) in the case of an Accounting Event, deliver to the Fiscal Agent the relevant opinion from the relevant accountancy firm; and (iv) in the case of a Capital Event, deliver to the Fiscal Agent the relevant confirmation from the relevant Rating Agency.