Common use of TERM ADVANCE RATES OF INTEREST Clause in Contracts

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin which shall be: (a) in respect of the Third Issuer Series 1 Term AAA Advance, a margin of -[o] per cent. per annum; (b) in respect of the Third Issuer Series 2 Term AAA Advance, a margin of [o] per cent. per annum; (c) in respect of the Third Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o] per cent. per annum up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum; (n) in respect of the Third Issuer Series 4 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; and (o) in respect of the Third Issuer Series 5 Term BBB Advance, a margin of [1.45000] per cent. per annum [up to (and including) the Interest Period ending in [o] and thereafter [o] per cent. per annum];

TERM ADVANCE RATES OF INTEREST. (1) The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause CLAUSE 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin "RELEVANT MARGIN" which shall be: (a) in respect of the Third Second Issuer Series 1 Term AAA Advance, a margin of -[o[o] per cent. per annum; (b) in respect of the Third Second Issuer Series 2 Term AAA Advance, a margin of [o] per cent. per annum; (c) in respect of the Third Second Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and an including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (d) in respect of the Third Second Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Second Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (f) in respect of the Third Second Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (g) in respect of the Third Second Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (h) in respect of the Third Second Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (i) in respect of the Third Second Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (j) in respect of the Third Second Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (k) in respect of the Third Second Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (l) in respect of the Third Second Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; (m) in respect of the Third Second Issuer Series 3 Term BBB Advance, a margin of [o] per cent. per annum up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum; (n) in respect of the Third Second Issuer Series 4 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum]; and (o) in respect of the Third Second Issuer Series 5 Term BBB Advance, a margin of [1.45000o] per cent. per annum [up to (and including) the Interest Period ending in [o] December 2008 and thereafter [o] per cent. per annum];

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause CLAUSE 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin RELEVANT MARGIN which shall be: (a) in respect of the Third Eighth Issuer Series 1 Term AAA Advance, a margin of -[ominus [__] per cent. per annum; (b) in respect of the Third Eighth Issuer Series 2 Term AAA Advance, a margin of [o__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (c) in respect of the Third Eighth Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o__] per cent. per annum up to and including the Interest Period ending in December 2011 [o__] and thereafter [o__] per cent. per annum; (d) in respect of the Eighth Issuer Series 4 Term AAA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (e) in respect of the Eighth Issuer Series 5A1 Term AAA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 [__] and thereafter [__] per cent. per annum; (f) in respect of the Eighth Issuer Series 5A2 Term AAA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (g) in respect of the Eighth Issuer Series 1 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (h) in respect of the Eighth Issuer Series 2 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (i) in respect of the Eighth Issuer Series 3 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (j) in respect of the Eighth Issuer Series 4 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (k) in respect of the Eighth Issuer Series 1 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (l) in respect of the Eighth Issuer Series 2 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (m) in respect of the Eighth Issuer Series 3 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum;and (n) in respect of the Third Eighth Issuer Series 4 Term BBB Advance, a margin of [o__] per cent. per annum [up to and including the Interest Period ending in [o] December 2011 and thereafter [o__] per cent. per annum]; and (o) in respect of the Third Issuer Series 5 Term BBB Advance, a margin of [1.45000] per cent. per annum [up to (and including) the Interest Period ending in [o] and thereafter [o] per cent. per annum];.

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause CLAUSE 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin RELEVANT MARGIN which shall be: (a) in respect of the Third Seventh Issuer Series 1 Term AAA Advance, a margin of -[ominus [__] per cent. per annum; (b) in respect of the Third Seventh Issuer Series 2 Term AAA Advance, a margin of [o__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (c) in respect of the Third Seventh Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o__] per cent. per annum up to and including the Interest Period ending in [o] December 2011 and thereafter [o__] per cent. per annum; (nd) in respect of the Third Seventh Issuer Series 4 Term AAA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (e) in respect of the Seventh Issuer Series 5 Term AAA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (f) in respect of the Seventh Issuer Series 1 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (g) in respect of the Seventh Issuer Series 2 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (h) in respect of the Seventh Issuer Series 3 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (i) in respect of the Seventh Issuer Series 4 Term AA Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (j) in respect of the Seventh Issuer Series 1 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (k) in respect of the Seventh Issuer Series 2 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; (l) in respect of the Seventh Issuer Series 3 Term BBB Advance, a margin of [__] per cent. per annum up to and including the Interest Period ending in December 2011 and thereafter [__] per cent. per annum; and (m) in respect of the Seventh Issuer Series 4 Term BBB Advance, a margin of [o__] per cent. per annum [up to and including the Interest Period ending in [o] December 2011 and thereafter [o__] per cent. per annum]; and (o) in respect of the Third Issuer Series 5 Term BBB Advance, a margin of [1.45000] per cent. per annum [up to (and including) the Interest Period ending in [o] and thereafter [o] per cent. per annum];.

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause CLAUSE 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin RELEVANT MARGIN which shall be: (a) in respect of the Third Sixth Issuer Series 1 Term AAA Advance, a margin of -[o[{circle}] per cent. per annum; (b) in respect of the Third Sixth Issuer Series 2 Term AAA Advance, a margin of [o] per cent. per annum; (c) in respect of the Third Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o{circle}] per cent. per annum up to and including the Interest Period ending in [oSeptember 2011] and thereafter [o{circle}] per cent. per annum; (c) in respect of the Sixth Issuer Series 3 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (d) in respect of the Sixth Issuer Series 4 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (e) in respect of the Sixth Issuer Series 5A1 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (f) in respect of the Sixth Issuer Series 5A2 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (g) in respect of the Sixth Issuer Series 1 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (h) in respect of the Sixth Issuer Series 2 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (i) in respect of the Sixth Issuer Series 3 Term AA Advance, a margin of [{circle}]] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (j) in respect of the Sixth Issuer Series 4 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (k) in respect of the Sixth Issuer Series 5 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (l) in respect of the Sixth Issuer Series 1 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (m) in respect of the Sixth Issuer Series 2 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (n) in respect of the Third Sixth Issuer Series 3 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [September 2011] and thereafter [{circle}] per cent. per annum; (o) in respect of the Sixth Issuer Series 4 Term BBB Advance, a margin of [o{circle}] per cent. per annum [up to and including the Interest Period ending in [oSeptember 2011] and thereafter [o{circle}] per cent. per annum]; and (op) in respect of the Third Sixth Issuer Series 5 Term BBB Advance, a margin of [1.45000{circle}] per cent. per annum [up to (and including) the Interest Period ending in [oSeptember 2011] and thereafter [o{circle}] per cent. per annum];.

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin RELEVANT MARGIN which shall be: (a) in respect of the Third Fourth Issuer Series 1 Term AAA Advance, a margin of -[o] -{circle} per cent. per annum; (b) in respect of the Third Fourth Issuer Series 2 Term AAA Advance, a margin of [o] {circle} per cent. per annum; (c) in respect of the Third Fourth Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o] {circle} per cent. per annum up to and including the Interest Period ending in [oMarch 2011] and thereafter {circle} per cent. per annum; (d) in respect of the Fourth Issuer Series 4 Term AAA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [oMarch 2011] and thereafter {circle} per cent. per annum; (e) in respect of the Fourth Issuer Series 5A1 Term AAA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (f) in respect of the Fourth Issuer Series 5A2 Term AAA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (g) in respect of the Fourth Issuer Series 1 Term AA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (h) in respect of the Fourth Issuer Series 2 Term AA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (i) in respect of the Fourth Issuer Series 3 Term AA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (j) in respect of the Fourth Issuer Series 4 Term AA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (k) in respect of the Fourth Issuer Series 5 Term AA Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (l) in respect of the Fourth Issuer Series 1 Term A Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (m) in respect of the Fourth Issuer Series 2 Term A Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (n) in respect of the Third Fourth Issuer Series 4 3 Term BBB A Advance, a margin of [o] {circle} per cent. per annum [up to and including the Interest Period ending in [oMarch 2011] and thereafter [o] {circle} per cent. per annum]; and; (o) in respect of the Third Fourth Issuer Series 5 4 Term BBB A Advance, a margin of [1.45000] {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (p) in respect of the Fourth Issuer Series 5 Term A Advance, a margin of {circle} per cent. per annum up to (and including) the Interest Period ending in [oMarch 2011] and thereafter [o] {circle} per cent. per annum]; (q) in respect of the Fourth Issuer Series 2 Term BBB Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; (r) in respect of the Fourth Issuer Series 3 Term BBB Advance, a margin of {circle} per cent. per annum up to and including the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum; and (s) in respect of the Fourth Issuer Series 5 Term BBB Advance, a margin of {circle} per cent. per annum up to (and including) the Interest Period ending in [March 2011] and thereafter {circle} per cent. per annum.

TERM ADVANCE RATES OF INTEREST. The Term Advance Rate of Interest payable on each Term Advance shall be LIBOR for three-month sterling deposits as determined in accordance with Clause CLAUSE 6 of the Intercompany Loan Terms and Conditions plus a Relevant Margin RELEVANT MARGIN which shall be: (a) in respect of the Third Fifth Issuer Series 1 Term AAA Advance, a margin of -[o-[{circle}] per cent. per annum; (b) in respect of the Third Fifth Issuer Series 2 Term AAA Advance, a margin of [o] per cent. per annum; (c) in respect of the Third Issuer Series 3 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (d) in respect of the Third Issuer Series 4 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (e) in respect of the Third Issuer Series 5 Term AAA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (f) in respect of the Third Issuer Series 1 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (g) in respect of the Third Issuer Series 2 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (h) in respect of the Third Issuer Series 3 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (i) in respect of the Third Issuer Series 4 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (j) in respect of the Third Issuer Series 5 Term AA Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (k) in respect of the Third Issuer Series 1 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (l) in respect of the Third Issuer Series 2 Term BBB Advance, a margin of [o] per cent. per annum [up to and including the Interest Period ending in [o] and thereafter [o] per cent. per annum]; (m) in respect of the Third Issuer Series 3 Term BBB Advance, a margin of [o{circle}] per cent. per annum up to and including the Interest Period ending in [oJune 2011] and thereafter [o{circle}] per cent. per annum; (c) in respect of the Fifth Issuer Series 3 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (d) in respect of the Fifth Issuer Series 4 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (e) in respect of the Fifth Issuer Series 5A1 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (f) in respect of the Fifth Issuer Series 5A2 Term AAA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (g) in respect of the Fifth Issuer Series 1 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}]per cent. per annum; (h) in respect of the Fifth Issuer Series 2 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (i) in respect of the Fifth Issuer Series 3 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (j) in respect of the Fifth Issuer Series 4 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (k) in respect of the Fifth Issuer Series 5 Term AA Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (l) in respect of the Fifth Issuer Series 1 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (m) in respect of the Fifth Issuer Series 2 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011] and thereafter [{circle}] per cent. per annum; (n) in respect of the Third Fifth Issuer Series 3 Term BBB Advance, a margin of [{circle}] per cent. per annum up to and including the Interest Period ending in [June 2011]and thereafter [{circle}] per cent. per annum; (o) in respect of the Fifth Issuer Series 4 Term BBB Advance, a margin of [o{circle}] per cent. per annum [up to and including the Interest Period ending in [oJune 2011] and thereafter [o{circle}] per cent. per annum]; and (op) in respect of the Third Fifth Issuer Series 5 Term BBB Advance, a margin of [1.45000{circle}] per cent. per annum [up to (and including) the Interest Period ending in [oJune 2011] and thereafter [o{circle}] per cent. per annum];.