Common use of Unmatured Coupons and unexchanged Talons Clause in Contracts

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each (i) Unless the Notes provide that the relative Coupons are to become void upon the due date for redemption of those Notes, Bearer PD Debt Instrument initially delivered with Coupons attached thereto Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five ten (10) years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 10 (Prescription)). (ii) If the Notes so provide, upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agentany Bearer Note, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoNote, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Bearer Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Bearer Note or Certificate representing it, as the case may be. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons relevant Note or Certificate representing it, as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datescase may be.

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto (i) Upon the due date for redemption of Notes which comprise Fixed Rate Notes, those Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five 10 years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 10). (ii) Upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agent, in the case of any Note comprising a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all Note, unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of Bearer PD Debt Instruments initially delivered with Talons attached theretoany Note, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Note. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datesrelevant Note.

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each Bearer PD PR Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD PR Debt Instruments which are Fixed Rate PD PR Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD PR Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD PR Debt Instrument, or the Registrar, in the case of a Registered PD PR Debt Instrument, and notice to that effect has been given to the PD PR Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD PR Debt Instruments which are Floating Rate PD PR Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph paragraph (c) below, Talons) relating to such Bearer PD PR Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each Bearer PD PR Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD PR Debt Instruments which are Fixed Rate PD PR Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD PR Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD PR Debt Instrument, or the Registrar, in the case of a Registered PD PR Debt Instrument, and notice to that effect has been given to the PD PR Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD PR Debt Instruments which are Floating Rate PD PR Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD PR Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD PR Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD PR Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD PR Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 notwithstanding, if any Bearer PD PR Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD PR Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD PR Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD PR Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each (i) Bearer PD Debt Instrument initially delivered with Coupons attached thereto Notes which comprise Fixed Rate Notes and Hybrid Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating to such Notes (and, failing which: (a) in the case of Bearer PD Debt Instruments which are Hybrid Notes, relating to interest payable during the Fixed Rate PD Debt InstrumentsPeriod), failing which an amount equal to the amount face value of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemptionRedemption Amount due for payment. The Any amount so deducted will be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five three years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 9). (ii) Subject to the date on which the full amount provisions of the moneys payable has been received by relevant Pricing Supplement upon the I&P Agentdue date for redemption of any Bearer Notes comprising a Floating Rate Note, Variable Rate Note or Hybrid Note, unmatured Coupons relating to such Note (and, in the case of a Bearer PD Debt InstrumentHybrid Notes, or relating to interest payable during the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (cPeriod) below, Talons) relating to such Bearer PD Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoNote, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in the case of Where any Bearer PD Debt Instruments which bear interest at Note comprising a floating rate Floating Rate Note, Variable Rate Note or rates, or where such a Bearer PD Debt Instrument Hybrid Note is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Note is presented for redemption without any unexchanged Talon relating to itit (and, in the case of Hybrid Notes, relating to interest payable during the Floating Rate Period), redemption shall be made only against the provision of such indemnity as the relevant Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption or repayment of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment shall be made in respect thereofsurrender if appropriate) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a relevant Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datesNote or Certificate.

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto (i) Upon the due date for redemption of Notes which comprise Fixed Rate Notes, those Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five 10 years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 9). (ii) Upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agent, in the case of any Note comprising a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all Note, unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of Bearer PD Debt Instruments initially delivered with Talons attached theretoany Note, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Note representing it, as the case may be. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons relevant Note representing it, as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datescase may be.

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD Debt Instruments which are Fixed Rate PD Debt InstrumentsInstruments (and unless otherwise specified in the relevant Final Terms), the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments, Indexed Interest Amount Debt Instruments or Indexed Redemption Amount Debt Instruments, (or otherwise where specified in the relevant Final Terms), all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each (i) Upon the due date for redemption of Bearer PD Debt Instrument initially delivered with Coupons attached thereto Notes which comprise Fixed Rate Notes, those Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five 10 years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 9). (ii) Upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agent, in the case of any Bearer Note comprising a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all Note, unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoNote, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Bearer Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Bearer Note or Certificate representing it, as the case may be. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons relevant Note or Certificate representing it, as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datescase may be.

Unmatured Coupons and unexchanged Talons. Each (i) Upon the due date for redemption of Bearer PD Debt Instrument initially delivered with Coupons attached thereto Notes which comprise Fixed Rate Notes such Bearer Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five 10 years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 9 (Prescription)). (ii) Upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agent, in the case of any Bearer Note comprising a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all Note, unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoNote, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Bearer Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may reasonably require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Note. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons relevant Note or Certificate representing it, as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datescase may be.

Unmatured Coupons and unexchanged Talons. Each Bearer PD Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PD Debt Instruments which are Fixed Rate PD Debt InstrumentsInstruments (and unless otherwise specified in the relevant Final Terms), the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” “Relevant Date” is the earlier of: (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; and (ii) the date on which the full amount of the moneys payable has been received by the I&P Agent, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments, Indexed Interest Amount Debt Instruments or Indexed Redemption Amount Debt Instruments, (or otherwise where specified in the relevant Final Terms), all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments (whether or not attached) shall become void and no payment shall be made thereafter in respect of them; (c) in the case of Bearer PD Debt Instruments initially delivered with Talons attached thereto, all unmatured Talons (whether or not surrendered therewith) shall become void and no exchange for Coupons shall be made thereafter in respect of them; and (d) in the case of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument is presented for redemption without all unmatured Coupons and any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph (a) of this Condition 7.1.5 7.1.4 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon the due date for redemption of any such Bearer PD Debt Instrument, such unmatured Coupons (whether or not attached) shall become void (and no payment shall be made in respect thereof) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier dates.

Unmatured Coupons and unexchanged Talons. Each (i) Unless the Notes provide that the relative Coupons are to become void upon the due date for redemption of those Notes, Bearer PD Debt Instrument initially delivered with Coupons attached thereto Notes should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating thereto, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which that the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will shall be deducted from the amount otherwise payable on such final redemptionFinal Redemption Amount, Early Redemption Amount or Optional Redemption Amount, as the case may be, due for payment. The Any amount so deducted will shall be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five ten (10) years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 9 (Prescription)). (ii) If the Notes so provide, upon the due date on which the full amount for redemption of the moneys payable has been received by the I&P Agentany Bearer Note, in the case of a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Note (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoNote, all unmatured Talons any unexchanged Talon relating to such Note (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in Where any Bearer Note that provides that the case relative unmatured Coupons are to become void upon the due date for redemption of Bearer PD Debt Instruments which bear interest at a floating rate or rates, or where such a Bearer PD Debt Instrument those Notes is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Note is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption of any such Bearer PD Debt InstrumentNote is not a due date for payment of interest, such unmatured Coupons (whether interest accrued from the preceding due date for payment of interest or not attached) the Interest Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment surrender if appropriate) of the relevant Bearer Note or Certificate representing it, as the case may be. Interest accrued on a Note that only bears interest after its Maturity Date shall be made in respect thereof) as shall be required so that, upon application payable on redemption of such Note against presentation of the provisions of paragraph (a) in respect of such Coupons relevant Note or Certificate representing it, as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datescase may be.

Unmatured Coupons and unexchanged Talons. Each (i) Bearer PD Debt Instrument initially delivered with Coupons attached thereto Perpetual Securities which comprise Fixed Rate Perpetual Securities should be presented and surrendered for final redemption payment together with all unmatured Coupons and Talons appertaining thereto (if any)) relating to such Perpetual Securities, failing which: (a) in which an amount equal to the case face value of Bearer PD Debt Instruments which are Fixed Rate PD Debt Instruments, the amount of any each missing unmatured Coupons Coupon (or, in the case of a payment not being made in full, that portion proportion of the amount of such missing unmatured Coupon which the redemption amount sum of principal so paid bears to the total redemption amount principal due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemptionRedemption Amount due for payment. The Any amount so deducted will be paid in the manner mentioned above against surrender of the relevant such missing Coupon at the specified office within a period of the I&P Agent at any time within five three years of from the Relevant Date applicable to for the payment of such final redemption amount. The “Relevant Date” is the earlier of: principal (i) the date on which all amounts due in respect of the PD Debt Instrument have been paid; andwhether or not such Coupon has become void pursuant to Condition 8). (ii) Subject to the date on which the full amount provisions of the moneys payable has been received by relevant Pricing Supplement, upon the I&P Agent, in the case due date for redemption of any Bearer Perpetual Security comprising a Bearer PD Debt Instrument, or the Registrar, in the case of a Registered PD Debt Instrument, and notice to that effect has been given to the PD Debt Instrument Holders in accordance with Condition 18; (b) in the case of Bearer PD Debt Instruments which are Floating Rate PD Debt Instruments all Perpetual Security, unmatured Coupons (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) relating to such Bearer PD Debt Instruments Perpetual Security (whether or not attached) shall become void and no payment shall be made thereafter in respect of them;. (ciii) in Upon the case due date for redemption of any Bearer PD Debt Instruments initially delivered with Talons attached theretoPerpetual Security, all unmatured Talons any unexchanged Talon relating to such Perpetual Security (whether or not surrendered therewithattached) shall become void and no exchange for Coupons Coupon shall be made thereafter delivered in respect of them; andsuch Talon. (div) in the case of Where any Bearer PD Debt Instruments which bear interest at Perpetual Security comprising a floating rate or rates, or where such a Bearer PD Debt Instrument Floating Rate Perpetual Security is presented for redemption without all unmatured Coupons Coupons, and where any Bearer Perpetual Security is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the relevant Issuer may require. The provisions of paragraph . (av) of this Condition 7.1.5 notwithstanding, if any Bearer PD Debt Instruments are issued with a Maturity Date and a fixed rate or fixed rates of interest such that on the presentation for payment of any such Bearer PD Debt Instrument without any unmatured Coupons attached thereto or surrendered therewith, the amount required by paragraph (a) to be deducted would be greater than the amount otherwise due for payment, then, upon If the due date for redemption or repayment of any such Bearer PD Debt InstrumentPerpetual Security is not a due date for payment of distribution, such unmatured Coupons (whether distribution accrued from the preceding due date for payment of distribution or not attached) the Distribution Commencement Date, as the case may be, shall become void only be payable against presentation (and no payment shall be made in respect thereofsurrender if appropriate) as shall be required so that, upon application of the provisions of paragraph (a) in respect of such Coupons as have not so become void, the amount required by paragraph (a) to be deducted would not be greater than the amount otherwise due for payment. Where the application of the foregoing sentence requires some but not all of the unmatured Coupons relating to a relevant Bearer PD Debt Instrument to become void, the I&P Agent shall determine which unmatured Coupons are to become void, and shall select for such purpose Coupons maturing on later dates in preference to Coupons maturing on earlier datesPerpetual Security or Certificate.