Common use of Series T Notes Clause in Contracts

Series T Notes. In accordance with the provisions of Article 64 of Law No. 20,720, more favorable conditions are proposed for Local Noteholders of Series T Notes. The most favorable condition will consist of the payment of their credit in an installment, payable within 180 days from the fulfillment of the Conditions. The amount due under the outstanding Series T Notes is $523,156 (five hundred twenty-three thousand one hundred fifty-six Pesos).

Series T Notes. In accordance with the provisions of Article 64 of Law No. 20,720, more favorable conditions are proposed for Local Noteholders of Series T Notes. The most favorable condition will consist of the payment of their credit in an installment, payable within 180 days from the fulfillment of the Conditions. The amount due under the outstanding Series T Notes is $523,156 (five hundred twenty-three thousand one hundred fifty-six Pesos). This proposal with more favorable conditions for the Local Noteholders of Series T Notes Notes must be voted by the rest of the Unsecured Creditors.