Common use of Sinking Fund and Optional Redemption Clause in Contracts

Sinking Fund and Optional Redemption. Jamaica hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica to redeem Debt Securities of such Series at its option, Jamaica shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or redemption of the Debt Securities of such Series, Jamaica shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica to redeem such Debt Securities, Jamaica shall as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaica, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Securities of such Series outstanding at such time and not previously called for redemption, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing system, which method may provide for the selection for redemption of portions of the principal amount of Debt Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica to redeem Debt Securities of such Series at its option, Jamaica shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or redemption of the Debt Securities of such Series, Jamaica shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica to redeem such Debt Securities, Jamaica shall as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaica, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Securities of such Series outstanding at such time and not previously called for redemption, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemlisted, which method may provide for the selection for redemption of portions of the principal amount of Debt Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official Officers stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt Securities, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each such Paying Agent for the such purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption and, in the case of bearer Securities of such Series, individually by lot (unless all bearer Securities are subject to such redemption) and, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of or the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official Officers stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt Securities, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each such Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably detailed reasonable information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of bearer Securities of such Series, individually by lot (unless all bearer Securities are subject to such redemption) and, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of or the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica hereby authorizes The Issuer may authorize and directs direct the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In To the event that extent the Fiscal Agent is required to administer such sinking fund, the Fiscal Agent may be entitled to additional fees agreed between the Issuer and the Fiscal Agent. If the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica then the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption If the provisions of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, then prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that If the provisions of the Debt Securities of a Series permit obligate the Issuer at the request of the holders thereofto redeem Securities of such Series upon the occurrence of certain events (hereinafter referred to as a “Redemption Event”), at their optionthen the Issuer shall promptly deliver written notice to the Fiscal Agent that a Redemption Event has occurred. Promptly after receiving written notice of a Redemption Event, the Fiscal Agent shall deliver written notice to each holder of the Securities of such Series stating that a Redemption Event has occurred and that such holder may tender its Securities by delivering written notice of its election to tender for redemption, together with the certificate or certificates for the Securities to be redeemed, to cause Jamaica the Fiscal Agent within 60 days of the Fiscal Agent’s notice (hereinafter referred to redeem as the “Option Period”). Thereafter, the Issuer shall (i) in the manner provided in the provisions of the Securities of such Debt Securities, Jamaica shall Series and as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and (ii) redeem such Securities within 60 days of the expiration of the Option Period. The Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably during and upon expiration of the Option Period with reasonable detailed information as to Securities tendered for redemption. All notices of redemption of or Redemption Events relating to Securities of a Series to the holders thereof shall be made in the name and at the expense of the Issuer and shall be given in accordance with the provisions applicable thereto as set forth in the text of the Securities of such redemptionsSeries. Whenever less than all the Debt Securities of a Series with the same interest rate and maturity at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series with such interest rate and maturity to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica Mexico hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions therefor set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica Mexico to redeem Debt Securities of such Series at its option, Jamaica Mexico shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 35 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica Mexico and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to for the Securities of such Series or in the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in for the text of the Debt Securities of a Series permit Jamaica Mexico to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica or concurrently therewith, Mexico shall deliver to the Fiscal Agent a certificate of an Authorized Official a duly authorized official of Mexico stating that Jamaica Mexico is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica Mexico to redeem such Debt Securities, Jamaica shall Mexico shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica Mexico from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of JamaicaMexico, the particular Debt Securities of such Series to be so redeemed shall be selected not more than 60 days prior to the redemption date and not nor less than 15 30 days prior to the optional redemption date by the Fiscal Agent from the Debt Securities of such Series outstanding at such time and not previously called for redemption, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption datedate and, if earlier, no later than 15 days prior to the date on which notice is required to be given to holders of the Securities of such Series pursuant to the following sentence (or such shorter period as may be acceptable to the Fiscal Agent). All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official Officers stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt Securities, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of bearer Securities of such Series, individually by lot (unless all bearer Securities are subject to such redemption) and, in the case of registered Securities of such Series, pro rata or by lot by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Republic hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Republic to redeem Debt Securities of such Series at its option, Jamaica the Republic shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Republic and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Republic to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or redemption of the Debt Securities of such Series, Jamaica the Republic shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica the Republic is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Republic to redeem such Debt Securities, Jamaica shall the Republic shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Republic from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Republic, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Securities of such Series outstanding at such time and not previously called for redemption, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities Notes of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities Notes of such Series. In the event that the provisions of the Debt Securities Notes of a Series permit Jamaica the Issuer to redeem Debt Securities Notes of such Series at its option, Jamaica the Issuer shall, unless otherwise provided in the text of the Debt Securities Notes of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities Notes of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities Notes of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization Notification relating to or the text of the Debt Securities Notes of such Series. In the event that the provisions set forth in the Authorization Notification or in the text of the Debt Securities Notes of a Series permit Jamaica the Issuer to redeem Debt Securities Notes of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities Notes of such Series, Jamaica the Issuer shall if so required by the provisions applicable thereto set forth in the applicable Notification or in the text of the Notes of such Series deliver to the Fiscal Agent a certificate of an Authorized Official Officer stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities Notes of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt SecuritiesNotes, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall shall, upon provision of such funds, make payments to such holders and provide to Jamaica the Issuer from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities Notes of a Series at any time outstanding Outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities Notes of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Securities Outstanding Notes of such Series outstanding at such time and not previously called for redemption, by such usual method as is specified in the Fiscal Agent shall deem fair and appropriate and in accordance with the rules text of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures Notes of the clearing systemthat Series, which method may provide for the selection for redemption of portions of the principal amount of Debt Securities Notes of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities Notes of such Series. Upon any partial redemption of a Debt Security Note of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities Notes of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt SecurityNote.

Sinking Fund and Optional Redemption. Jamaica The Republic hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt any Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such SeriesSecurities. In the event that the provisions of the Debt any Securities of a Series permit Jamaica the Republic to redeem Debt such Securities of such Series at its option, Jamaica the Republic shall, unless otherwise provided in the text of the Debt Securities of such SeriesSecurities, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Republic and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such SeriesSecurities. In the event that the provisions set forth in the Authorization or in the text of the Debt any Securities of a Series permit Jamaica the Republic to redeem Debt such Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of such Securities, the Debt Securities of such Series, Jamaica Republic shall deliver to the Fiscal Agent a certificate of an Authorized Official Officials stating that Jamaica the Republic is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt any Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Republic to redeem such Debt Securities, Jamaica shall the Republic shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Republic from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding Outstanding are to be redeemed at the option of Jamaicathe Republic, the particular Debt Securities of such Series to be redeemed shall be selected not less than 30 days nor more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption, redemption by lot or any other such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules requirements of the stock exchanges any securities exchange on which such Debt Securities or Series may for the time being be are listed and in accordance with the procedures of the clearing systemDepository therefor, which method may provide for the selection for redemption of portions of the principal amount of Debt Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (such Security. The Republic may at any time purchase the Securities at any price in the open market or otherwise, including through tenders, exchange offers and premiumpublic or private transactions. Securities so purchased or acquired by the Republic may, if any) such Debt Securityat the Republic’s discretion, be held, resold or surrendered to the Fiscal Agent for cancellation.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica the Issuer shall, unless Table of Contents otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official Officers stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt Securities, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each such Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of bearer Securities of such Series, individually by lot (unless all bearer Securities are subject to such redemption) and, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of or the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica hereby authorizes The Issuer may authorize and directs direct the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In To the event that extent the Fiscal Agent is required to administer such sinking fund, the Fiscal Agent may be entitled to additional fees agreed between the Issuer and the Fiscal Agent. If the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica then the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption date. All notices of redemption If the provisions of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, then prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that If the provisions of the Debt Securities of a Series permit obligate the Issuer at the request of the holders thereofto redeem Securities of such Series upon the occurrence of certain events (hereinafter referred to as a “Redemption Event”), at their optionthen the Issuer shall promptly deliver written notice to the Fiscal Agent that a Redemption Event has occurred. Promptly after receiving written notice of a Redemption Event, the Fiscal Agent shall deliver written notice to each holder of the Securities of such Series stating that a Redemption Event has occurred and that such holder may tender its Securities by delivering written notice of its election to tender for redemption, together with the certificate or certificates for the Securities to be redeemed, to cause Jamaica the Fiscal Agent within 60 days of the Fiscal Agent’s notice (hereinafter referred to redeem as the “Option Period”). Thereafter, the Issuer shall (i) in the manner provided in the provisions of the Securities of such Debt Securities, Jamaica shall Series and as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and (ii) redeem such Securities within 60 days of the expiration of the Option Period. The Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably during and upon expiration of the Option Period with reasonable detailed information as to Securities tendered for redemption. All notices of redemption of or Redemption Events relating to Securities of a Series to the holders thereof shall be made in the name and at the expense of the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the text of the Securities of such redemptionsSeries. Whenever less than all the Debt Securities of a Series with the same interest rate and maturity at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series with such interest rate and maturity to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.

Sinking Fund and Optional Redemption. Jamaica The Issuer hereby authorizes and directs the Fiscal Agent to administer the sinking fund with respect to the Debt Securities of any Series having a mandatory sinking fund or similar provision in accordance with the provisions set forth in the text of the Debt Securities of such Series. In the event that the provisions of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series at its option, Jamaica the Issuer shall, unless otherwise provided in the text of the Debt Securities of such Series, give written notice to the Fiscal Agent of the principal amount of Debt Securities of such Series to be so redeemed not less than 60 days prior to the optional redemption datedate and, if earlier, no later than 15 days prior to the date on which notice is required to be given to holders of the Securities of such Series pursuant to the following sentence (or such shorter period as may be acceptable to the Fiscal Agent). All notices of redemption of the Debt Securities of a Series shall be made in the name and at the expense of Jamaica the Issuer and shall be given in accordance with the provisions applicable thereto set forth in the Authorization relating to or the text of the Debt Securities of such Series. In the event that the provisions set forth in the Authorization or in the text of the Debt Securities of a Series permit Jamaica the Issuer to redeem Debt Securities of such Series only upon the occurrence or satisfaction of a condition or conditions precedent thereto, prior to the giving of notice or of redemption of the Debt Securities of such Series, Jamaica the Issuer shall deliver to the Fiscal Agent a certificate of an Authorized Official stating that Jamaica the Issuer is entitled to effect such redemption and setting forth in reasonable detail a statement of facts showing that such condition or conditions precedent have occurred or been satisfied. In the event that the provisions of the Debt Securities of a Series permit the holders thereof, at their option, to cause Jamaica the Issuer to redeem such Debt Securities, Jamaica shall the Issuer shall, as contemplated by Section 4 hereof, arrange with the Fiscal Agent (and each Paying Agent for the purpose, if applicable) for the provision of funds sufficient to make payments to such holders in respect of such redemptions, and the Fiscal Agent shall provide to Jamaica the Issuer from time to time reasonably detailed information as to such redemptions. Whenever less than all the Debt Securities of a Series at any time outstanding are to be redeemed at the option of Jamaicathe Issuer, the particular Debt Securities of such Series to be redeemed shall be selected not more than 60 days prior to the redemption date and not less than 15 days prior to the optional redemption date by the Fiscal Agent from the Debt Outstanding Securities of such Series outstanding at such time and not previously called for redemption, in the case of bearer Securities of such Series, individually by lot (unless all bearer Securities are subject to such redemption) and, in the case of registered Securities of such Series, by such usual method as the Fiscal Agent shall deem fair and appropriate and in accordance with the rules of the stock exchanges on which such Debt Securities or Series may for the time being be listed and in accordance with the procedures of the clearing systemappropriate, which method may provide for the selection for redemption of portions of the principal amount of Debt registered Securities of such Series the minimum denominations of which, if any, will be specified in the text of the Debt Securities of such Series. Upon any partial redemption of a Debt registered Security of a Series, the Fiscal Agent shall authenticate and deliver in exchange therefor one or more Debt registered Securities of such Series, of any authorized denomination and like tenor as requested by the holder thereof, in aggregate principal amount equal to the unredeemed portion of the principal of (and premium, if any) such Debt Security.