Terms and Conditions of the New International Notes during the Second Stage Sample Clauses

Terms and Conditions of the New International Notes during the Second Stage. Subject to the fulfilment of the Renegotiation Conditions the International Notes will be renegotiated on a non-new basis, such rearrangement being reflected in a new Indenture, new Notes, and the collateral documents necessary to extend, ratify and reserve the current International Note Security to the extended and restructured debt (hereinafter, the “New Indenture” and the “New International Notes” and, collectively, the “New Instruments”), in accordance with the terms set out below. The New International Notes will be divided into two tranches, which will correspond to the Tranche A International Notes and the Tranche B International Notes, maintaining the special characteristics of the Tranche A International Notes currently in force. Once the Renegotiation Conditions have been fulfilled, the terms and conditions of the New International Notes shall be as follows: