Common use of Calculation Agent Amendment Rights Clause in Contracts

Calculation Agent Amendment Rights. Pursuant to: (a) Condition CL13(a) (Amendments of the Conditions in accordance with Market Convention) of the Conditions of the Securities; and (b) Part 5(s) (Amendment in accordance with market convention) of the Swap Agreement, we, in our capacity as Calculation Agent, have determined that incorporation of the 2014 ISDA Credit Derivatives Definitions is necessary to reflect market practice for credit derivative transactions in respect of the relevant Reference Entities (other than any Excluded Reference Entities) and that the Conditions of the Securities and the Swap Agreement shall therefore be amended to reflect the provisions of the Protocol, as if the Issuer and the Counterparty were adhering parties thereto, to incorporate the relevant provisions of the 2014 ISDA Credit Derivatives Definitions into the Swap Confirmation. Accordingly, effective as of the Protocol Implementation Date, the Calculation Agent has determined that the particular amendments set forth below at paragraph 3 (Particular amendments to the Conditions of the Securities) and paragraph 4 (Particular amendments to the Swap Agreement) shall be made and the Conditions and the Swap Confirmation shall be deemed to be amended accordingly.