Common use of Reporting by the Trustee Clause in Contracts

Reporting by the Trustee. 17.1 Should the Trustee learn of a material breach of the Trust Deed on the part of the Company, the Trustee shall notify the Bondholders within a reasonable length of time, and without delay, and subject to the provisions of the Law, about the breach and about the measures that it took to prevent it or to fulfill the Company’s covenants, as the case may be. 17.2 The Trustee shall prepare an annual report on the affairs of the trust by the end of the second quarter of each calendar year (hereinafter: “the Annual Report”). The Annual Report shall include details on the following matters: 17.2.1 current details of the course of affairs of the trust during the past year; 17.2.2 a report of exceptional events relating to the trust that occurred during the course of the past year. 17.2.3 The Holders may peruse the Annual Report at the Trustee’s offices during customary working hours, and shall be allowed to receive a copy of the Report upon request. 17.3 The Trustee shall send a notice to the Bondholders of any exceptional event that occurred in the Company that is liable to have a material impact on the Bondholders’ rights, shortly after actually learning of it. This obligation shall not apply if at issue is an event publicized by the Company pursuant to the Law.

Reporting by the Trustee. 17.1 Should 18.1 If the Trustee learn becomes aware of a material breach of the Deed of Trust Deed on the part of by the Company, the Trustee it shall notify the Bondholders debenture holders within a reasonable length of time, time and without delayprocrastination, and subject to the provisions of the Lawlaw, about in regard to the breach and about the measures steps that it took were taken to prevent it or to fulfill achieve the fulfillment of the Company’s covenantsobligations, as the case may be. 17.2 The 18.2 Each calendar year the Trustee shall prepare draw up an annual shelf offering report on in regard to the affairs of the trust by the end of the second quarter of each calendar year (hereinafter: “the Annual Report”). The Annual Report shall include details contain particulars on the following matterssubjects: 17.2.1 current details of 18.2.1 Current particulars about the course of the affairs of the trust during in the past preceding year;. 17.2.2 a 18.2.2 A report of regarding exceptional events relating to in connection with the trust that occurred during the course of the past preceding year. 17.2.3 18.2.3 The Holders may peruse are entitled to read the Annual Report at the Trustee’s offices during customary normal working hours, hours and shall will be allowed entitled to receive a copy of the Report upon request. 17.3 18.3 The Trustee shall send the debenture holders a notice to the Bondholders of regarding any exceptional event that occurred in the Company that is liable likely to have a material impact on the Bondholders’ rightsrights of the debenture holders, shortly and shall do so immediately after it has actually learning become aware of itthe fact. This obligation shall duty will not apply if at issue is the event involved was an event publicized published by the Company pursuant according to the Lawlaw.