Common use of Redemption and Purchase Clause in Contracts

Redemption and Purchase. Instalments) of the Programme Conditions (in the case of Covered Bonds which are not N Covered Bonds) and Condition 4 (Redemption) of the N Covered Bond Conditions (if applicable) (but excluding any additional amounts relating to prepayments, early redemption, broken funding indemnities, penalties, premiums or default interest (Excluded Scheduled Principal Amounts) payable by the Issuer following service of an Issuer Acceleration Notice but including such amounts (whenever the same arose) following service of an LLP Acceleration Notice) as if such Covered Bonds had not become due and repayable prior to their Final Maturity Date and (if the applicable Final Terms Document specified that an Extended Due for Payment Date is applicable to such relevant Covered Bonds) as if the maturity date of such Covered Bonds had been the Extended Due for Payment Date; Scottish Declaration of Trust means each declaration of trust in relation to Scottish Loans and their Related Security made pursuant to the Mortgage Sale Agreement by means of which the transfer of the beneficial interest in such Scottish Loans and their Related Security by the Seller to the LLP is given effect; Scottish Loan means a Loan secured by a Scottish Mortgage; Scottish Mortgage means a Mortgage over a Scottish Property; Scottish Mortgage Conditions means the Mortgage Conditions applicable to Scottish Loans; Scottish Property means a Property situated in Scotland;

Redemption and Purchase. Instalments) of the Programme Conditions (in the case of Covered Bonds which are not N Covered Bonds) and Condition 4 (Redemption) of the N Covered Bond Conditions (if applicable) (but excluding any additional amounts relating to prepayments, early redemption, broken funding indemnities, penalties, premiums or default interest (Excluded Scheduled Principal Amounts) payable by the Issuer following service of an Issuer Acceleration Notice but including such amounts (whenever the same arose) following service of an LLP Acceleration Notice) as if such Covered Bonds had not become due and repayable prior to their Final Maturity Date and (if the applicable Final Terms Document specified that an Extended Due for Payment Date is applicable to such relevant Covered Bonds) as if the maturity date of such Covered Bonds had been the Extended Due for Payment Date; Scottish Declaration of Trust means each declaration of trust in relation to Scottish Loans and their Related Security made pursuant to the Mortgage Sale Agreement by means of which the transfer of the beneficial interest in such Scottish Loans and their Related Security by the Seller to the LLP is given effect; Scottish Loan means a Loan secured by a Scottish Mortgage; Scottish Mortgage means a Mortgage over a Scottish Property; Scottish Mortgage Conditions means the Mortgage Conditions applicable to Scottish Loans; Scottish Property means a Property situated in Scotland;

Redemption and Purchase. Instalments) of the Programme Conditions (in the case of Covered Bonds which are not N Covered Bonds) and Condition 4 (Redemption) of the N Covered Bond Conditions (if applicable) (but excluding any additional amounts relating to prepayments, early redemption, broken funding indemnities, penalties, premiums or default interest (Excluded Scheduled Principal Amounts) payable by the Issuer following service of an Issuer Acceleration Notice but including such amounts (whenever the same arose) following service of an LLP Acceleration Notice) as if such Covered Bonds had not become due and repayable prior to their Final Maturity Date and (if the applicable Final Terms Document specified that an Extended Due for Payment Date is applicable to such relevant Covered Bonds) as if the maturity date of such Covered Bonds had been the Extended Due for Payment Date; Scottish Declaration of Trust means each declaration of trust in relation to Scottish Loans and their Related Security made pursuant to the Mortgage Sale Agreement by means of which the transfer of the beneficial interest in such Scottish Loans and their Related Security by the Seller to the LLP is given effect; Scottish Loan means a Loan secured by a Scottish Mortgage; Scottish Mortgage means a Mortgage over a Scottish Property; Scottish Mortgage Conditions means the Mortgage Conditions applicable to Scottish Loans; Scottish Property means a Property situated in Scotland;

Redemption and Purchase. Instalments) of the Programme Conditions (in the case of Covered Bonds which are not N Covered Bonds) and Condition 4 (Redemption) of the N Covered Bond Conditions (if applicable) (but excluding any additional amounts relating to prepayments, early redemption, broken funding indemnities, penalties, premiums or default interest (Excluded Scheduled Principal Amounts) payable by the Issuer following service of an Issuer Abbey Acceleration Notice but including such amounts (whenever the same arose) following service of an LLP Acceleration Notice) as if such Covered Bonds had not become due and repayable prior to their Final Maturity Date and (if the applicable Final Terms Document specified that an Extended Due for Payment Date is applicable to such relevant Covered Bonds) as if the maturity date of such Covered Bonds had been the Extended Due for Payment Date; Scottish Declaration of Trust means each declaration of trust in relation to Scottish Loans and their Related Security made pursuant to the Mortgage Sale Agreement by means of which the transfer of the beneficial interest in such Scottish Loans and their Related Security by the Seller to the LLP is given effect; Scottish Loan means a Loan secured by a Scottish Mortgage; Scottish Mortgage means a Mortgage over a Scottish Property; Scottish Mortgage Conditions means the Mortgage Conditions applicable to Scottish Loans; Scottish Property means a Property situated in Scotland;