Common use of CONDITIONS OF APPOINTMENT Clause in Contracts

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 (a) In acting under this Agreement and hereunder in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 (a) In acting under this Agreement and hereunder in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Noteholders.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 5.2, the Trustee and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the "Receipts" and the "Coupons", respectively).

CONDITIONS OF APPOINTMENT. 5.1 (1) In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will the Guarantor and shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons)."

CONDITIONS OF APPOINTMENT. 5.1 6.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 (1) In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).“

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer [and will the Guarantor] and shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall not act solely as an agent of the Issuer or the Parent and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 (1) In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons)."

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will the Guarantor and shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the CouponsRECEIPTS and the COUPONS, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer, the Guarantors and in circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [, the Guarantor] and, in circumstances described in sub- clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons). The Principal Paying Agent reserves the right to refuse appointment as Calculation Agent in respect of Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the "Receipts" and the "Coupons", respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantors and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the relevant Issuer and the Guarantors and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 6.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor (and, in the circumstances described in subclause 6.2, the Trustee) and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantors and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the or coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 (1) In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantors and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor] and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes thereto (the CouponsCoupons ).

CONDITIONS OF APPOINTMENT. 5.1 6.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 6.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).Coupons).‌

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [, the [Group] Guarantor[s]] and, in the circumstances described in clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).“

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer[, the Guarantor] and, in the circumstances described in subclause 5.2, the Trustee and will shall not assume be under any fiduciary duty or other obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons).“

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer, the Guarantor and, in the circumstances described in clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer, the Guarantors and, in the circumstances described in sub-clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the “Coupons”).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantors and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency agenc y or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 (a) In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the "Receipts" and the "Coupons", respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in sub-clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in subclause 5.2, the Trustee and will shall not assume be under any fiduciary duty or other obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in sub-clause 5.2, the Trustee and will not be under any fiduciary duty and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the "Receipts" and the "Coupons", respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer[, the Guarantor] and, in the circumstances described in subclause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Bank and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the “Receipts” and the “Coupons”, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, Notes the Calculation Agent shall act solely as an agent of the Issuer and will shall not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the Coupons)Notes.

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the “Receipts” and the “Coupons”, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer Issuer[, the Guarantor] and, in the circumstances described in subclause 5.2, the Trustee and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (c oupons ( if any) appertaining to the Relevant Notes (the Coupons).

CONDITIONS OF APPOINTMENT. 5.1 6.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the coupons (if any) appertaining to the Relevant Notes (the "Coupons").

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer [and the Guarantor]* and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the Receipts and the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement hereunder and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and the Guarantor and in the circumstances described in Clause 5.2, the Trustee, and will not thereby assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes thereto (the Coupons, respectively).

CONDITIONS OF APPOINTMENT. 5.1 In acting under this Agreement and in connection with the Relevant Notes, the Calculation Agent shall act solely as an agent of the Issuer and, in the circumstances described in sub-clause 5.2, the Trustee and will not assume any obligations towards or relationship of agency or trust for or with any of the owners or holders of the Relevant Notes or the receipts or coupons (if any) appertaining to the Relevant Notes (the "Receipts" and the "Coupons", respectively).