Preparations for payment. The Fiscal Agent will prepare the credit confirmation for Euroclear and Clearstream, Luxembourg based on the documentation (if any) received from the Common Service Provider, and provided that no communication to the contrary has been previously received from the Issuer before that time.
Preparations for payment. The Fiscal Agent will make the appropriate calculations of interest payable, after making the relevant deductions in accordance with Condition 10 (Taxation), will prepare the credit confirmation for Euroclear and Clearstream, Luxembourg based on the documentation (if any) received from the common depository or, as the case may be, the common service provider, and provided that no communication to the contrary has been previously received from the Issuer before that time.
Preparations for payment. The Principal Paying Agent will prepare the credit confirmation for Euroclear and Clearstream, Luxembourg based on the documentation (if any) received from the Common Depository or, as the case may be, the Common Service Provider, provided that no communication to the contrary has been previously received from the Issuer before that time. The Principal Paying Agent will prepare the credit confirmation for DTC based on the documentation (if any) received from the DTC Custodian, provided that no communication to the contrary has been previously received from the Issuer before that time. The Iberclear Paying Agent (or any other entity that holds securities on behalf of third parties within clearing and settlement systems domiciled in the Spanish territory) will prepare the credit confirmation for Iberclear based on the documentation (if any) received from Iberclear, provided that no communication to the contrary has been previously received from the Issuer before that time.
