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Such option will be exercisable in whole but not in part on an \"Option Election Date,\" which will be any one of the dates specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Company makes such an election, the amount payable in the Optional Payment Currency shall be determined using the Designated Exchange Rate specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. If such election is made, notice of such election shall be mailed in accordance with the terms of the applicable Tranche of Dual Currency Notes within two Business Days of the Option Election Date and shall state (i) the first date, whether an Interest Payment Date and/or Stated Maturity, on which scheduled payments in the Optional Payment Currency will be made and (ii) the Designated Exchange Rate. Any such notice by the Company, once given, may not be withdrawn. 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Notes having a maturity of less than one year may be subject to restrictions on their denomination and distribution, see \u201cCertain Restrictions \u2013 Notes with a maturity of less than one year\u201d above. Denomination of Notes: Notes will be issued in such denominations as may be agreed between the relevant Issuer, the Guarantor (where the relevant Issuer is not Telekom Austria) and the relevant Dealer save that the minimum denomination of each Note will be such as may be allowed or required from time to time by the relevant central bank (or equivalent body) or any laws or regulations applicable to the relevant Specified Currency, see \u201cCertain Restrictions \u2013 Notes with a maturity of less than one year\u201d above. Taxation: All payments in respect of the Notes will be made without deduction for or on account of withholding taxes imposed by any Tax Jurisdiction, subject as provided in Condition 8. In the event that any such deduction is made, the Issuer or, as the case may be, the Guarantor (where the relevant Issuer is other than Telekom Austria) will, save in certain limited circumstances provided in Condition 8, be required to pay additional amounts to cover the amounts so deducted. 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