Common use of Exercise of Redemption Rights Clause in Contracts

Exercise of Redemption Rights. subject to paragraph (t) below, in the event that any notice of prepayment of the Current Issuer Intercompany Loan is given under Clause 8 (Prepayment) of the Intercompany Loan Terms and Conditions, the Current Issuer shall exercise its right to redeem the Current Issuer Notes on the same Payment Date under Condition 5(D) (Optional Redemption in Full) or, as applicable, Condition 5(E) (Optional Redemption for Tax and other Reasons);