Common use of Replacement Covered Bonds Clause in Contracts

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 6.1 The Issuing and Paying Fiscal Agent or or, as the case may be, the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions (which instructions may, without limitation, include terms as to the payment of expenses and as to evidence, security and indemnity) of the Issuer but not otherwise, authenticate (if necessary), procure that a NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS is effectuated (if applicable) and deliver a Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt or Coupon or, as the case may be, Registered Covered Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, lost provided that no Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt Coupon or Coupon Registered Covered Bond shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except same or, in the case of an N NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS, appropriate confirmation of destruction from the Common Safekeeper. 6.2 Each replacement Temporary Global Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt Coupon or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Registered Covered Bond, Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in number. 6.3 The Fiscal Agent or, as the case of an N Covered Bond where it shall specify may be, the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent Registrar shall cancel and destroy each mutilated or defaced Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered BondBonds, Receipt Coupon or Coupon Registered Covered Bond surrendered to it and in respect of which a replacement has been delivered. 4.04 6.4 The Replacement Fiscal Agent or, as the case may be, the Registrar shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered BondsFiscal Agent) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if anyany and if known) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless cancelled or destroyed. In the Issuer instructs otherwisecase of an NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS which has been destroyed by the Common Safekeeper, the Replacement Fiscal Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shallor, as soon as reasonably practicable but not later than three months after such destructionthe case may be, the Registrar shall furnish the Issuer with a certificate as to such destruction and specifying the serial numbers copy of the confirmation of destruction received by it from the Common Safekeeper. 6.5 The Issuer shall ensure that the Fiscal Agent and the Registrar have available to them supplies of such Temporary Global Covered Bond Bonds, Permanent Global Covered Bonds, Definitive Bearer Covered Bonds, Coupons and Definitive Registered Covered Bonds, as the case may be, as shall be necessary to the delivery of replacement Covered Bonds under this Clause 6 (except in the case of an N Replacement Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyedBonds).

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”; provided that the U.S. Registrar and the U.S. Paying Agent shall not be considered a Replacement Agent for any Bearer Covered Bonds) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt Receipt, Talon or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall shall, include the serial number (except in the case of an a N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Definitive Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an a N Covered Bond Bond, where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents (other than the U.S. Paying Agent) of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) of the Global Covered Bond and Definitive Covered Bonds (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent Agent, or the Registrar or a Paying Agent or Transfer Agent (in such capacity capacity, “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon Bond to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Registered Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon Bond or Registered Global Definitive Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwiseotherwise in writing, the Replacement Agent shall destroy each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Registered Global Covered Bond and Registered Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall shall, include the serial number (except in the case of an a Definitive N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Definitive Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replacesreplaces (except in the case of a Definitive N Covered Bond). 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled., 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an a Definitive N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) of the Global Covered Bond and Definitive Covered Bonds (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed. 4.06 The Replacement Agent shall, upon and in accordance with the redenomination instructions of the relevant Covered Bondholder, as agreed to by the Issuer but not otherwise, authenticate and deliver such number of Definitive N Covered Bonds in such denominations as is specified in such redenomination instructions. The Replacement Agent shall only deliver redenominated Definitive N Covered Bonds upon the surrender of the original Definitive N Covered Bond. The Replacement Agent shall cancel each original Definitive N Covered Bond surrendered to it in respect of which redenominated Definitive N Covered Bonds have been delivered. 4.07 The Replacement Agent shall notify the European Registrar of the delivery by it in accordance herewith of any redenominated Definitive N Covered Bonds, specifying the name of the relevant Covered Bondholder and the redenominated amounts and the denomination of the Definitive N Covered Bond it replaces and confirming that the Covered Bond which it replaces has been cancelled. 4.08 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each Definitive N Covered Bond surrendered to and cancelled by it and in respect of which redenominated Definitive N Covered Bonds have been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the name of the relevant Covered Bondholder and denomination of the Definitive N Covered Bond destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Registered Global Covered Bond, or Registered Definitive Covered Bond, Receipt or Coupon Bond to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Registered Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon Bond or Registered Global Definitive Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwiseotherwise in writing, the Replacement Agent shall destroy each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Registered Global Covered Bond and Registered Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent acting in the capacity of replacement agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to it and in respect of which a replacement has been recorded as issued and delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Registered Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon Bond or Registered Global Definitive Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwiseotherwise in writing, the Replacement Agent shall destroy each mutilated or defaced Global Registered Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to and cancelled by it and in respect of which a replacement has been issued and delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Registered Covered Bond and Registered Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall shall, include the serial number (except in the case of an a N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Definitive Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an a N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) of the Global Covered Bond and Definitive Covered Bonds (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall shall, include the serial number (except in the case of an a N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Definitive Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an a N Covered Bond Bond, where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an a N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) of the Global Covered Bond and Definitive Covered Bonds (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.Covered

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”Agent ) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.Issuer

Replacement Covered Bonds. ‌ 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall shall, include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond to be replaced and will include, without limitation, may include the terms as to the payment of expenses and as to evidence, security security, pre-funding and indemnity.indemnity.‌ 4.02 Each replacement Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Registered Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon Bond or Registered Global Definitive Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwiseotherwise in writing, the Replacement Agent shall destroy each mutilated or defaced Registered Global Covered Bond, Bond or Registered Definitive Covered Bond, Receipt or Coupon Bond surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Registered Global Covered Bond and Registered Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.

Replacement Covered Bonds. 4.01 The Issuing and Paying Agent or the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions of the Issuer but not otherwise, authenticate and deliver a Global Covered Bond, Definitive Covered Bond, Receipt or Coupon as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, provided that no Global Covered Bond, Definitive Covered Bond, Receipt or Coupon shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except in the case of an N Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Global Covered Bond, Definitive Covered Bond, Receipt or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Covered Bond, Covered Bond, Receipt or Coupon delivered hereunder shall bear a unique serial number (except in the case of an N Covered Bond where it shall specify the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent shall cancel each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to it and in respect of which a replacement has been delivered. 4.04 The Replacement Agent shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered Bonds) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if any) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall, as soon as reasonably practicable but not later than three months after such destruction, furnish the Issuer with a certificate as to such destruction and specifying the serial numbers of the Global Covered Bond and Definitive Covered Bonds (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyed.Issuer

Replacement Covered Bonds. 4.01 6.1 The Issuing and Paying Fiscal Agent or or, as the case may be, the Registrar or a Paying Agent or Transfer Agent (in such capacity “Replacement Agent”) shall, upon and in accordance with the written instructions (which instructions may, without limitation, include terms as to the payment of expenses and as to evidence, security and indemnity) of the Issuer but not otherwise, authenticate (if necessary), procure that a NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS is effectuated (if applicable) and deliver a Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt or Coupon or, as the case may be, Registered Covered Bond as a replacement for any of the same which has been mutilated or defaced or which has or has been alleged to have been destroyed, stolen or lost, lost provided that no Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt Coupon or Coupon Registered Covered Bond shall be delivered as a replacement for any of the same which has been mutilated or defaced otherwise than against surrender of same. Such instructions shall include the serial number (except same or, in the case of an N NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS, appropriate confirmation of destruction from the Common Safekeeper. 6.2 Each replacement Temporary Global Covered Bond, where such instructions shall include the name of the relevant Covered Bondholder) and denomination of the Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt Coupon or Coupon to be replaced and will include, without limitation, the terms as to the payment of expenses and as to evidence, security and indemnity. 4.02 Each replacement Global Registered Covered Bond, Covered Bond, Receipt or Coupon Bond delivered hereunder shall bear a unique serial number (except in number. 6.3 The Fiscal Agent or, as the case of an N Covered Bond where it shall specify may be, the name of the relevant Covered Bondholder) and be in a form otherwise identical to the Covered Bond it so replaces. 4.03 The Replacement Agent Registrar shall cancel and destroy each mutilated or defaced Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered BondBonds, Receipt Coupon or Coupon Registered Covered Bond surrendered to it and in respect of which a replacement has been delivered.delivered.‌ 4.04 6.4 The Replacement Fiscal Agent or, as the case may be, the Registrar shall notify the Issuer and (in the case of Registered Covered Bonds) the relevant Registrar and (in the case of the Bearer Covered BondsFiscal Agent) the other Paying Agents of the delivery by it in accordance herewith of any replacement Temporary Global Covered Bond, Permanent Global Covered Bond, Definitive Bearer Covered Bond, Receipt, Coupon or Registered Global Covered Bond, specifying the serial number (except in the case of an N Covered Bond, where it shall specify the name of the relevant Covered Bondholder) and denomination thereof and the serial number and denomination (if anyany and if known) of the Covered Bond which it replaces and confirming (if such be the case) that the Covered Bond which it replaces has been cancelled. 4.05 Unless cancelled or destroyed. In the Issuer instructs otherwisecase of an NGCB Global Covered Bond or a Global Registered Covered Bond to be held under the NSS which has been destroyed by the Common Safekeeper, the Replacement Fiscal Agent shall destroy each mutilated or defaced Global Covered Bond, Definitive Covered Bond, Receipt or Coupon surrendered to and cancelled by it and in respect of which a replacement has been delivered and shallor, as soon as reasonably practicable but not later than three months after such destructionthe case may be, the Registrar shall furnish the Issuer with a certificate as to such destruction and specifying the serial numbers copy of the confirmation of destruction received by it from the Common Safekeeper. 6.5 The Issuer shall ensure that the Fiscal Agent and the Registrar have available to them supplies of such Temporary Global Covered Bond Bonds, Permanent Global Covered Bonds, Definitive Bearer Covered Bonds, Coupons and Definitive Registered Covered Bonds, as the case may be, as shall be necessary to the delivery of replacement Covered Bonds under this Clause 6 (except in the case of an N Replacement Covered Bond, where it shall specify the name of the relevant Covered Bondholder) (distinguishing between different denominations) in numerical sequence and the total number by payment or maturity date of Receipts and Coupons (distinguishing Talons) as destroyedBonds).