Redemption Premium. This Condition 10 applies to Notes in respect of which the relevant Final Terms indicate that the Redemption Premium Option is applicable (the “Redemption Premium Sustainability-Linked Notes”). If a Redemption Premium Option is specified in the relevant Final Terms as being applicable and a Redemption Premium Event has occurred (which for the avoidance of doubt includes the failure by the Issuer to comply with the applicable Reporting Requirements by no later than the relevant Notification Deadline), then upon redemption of any Sustainability-Linked Notes in accordance with these Conditions, each such Sustainability-Linked Note shall be redeemed at its Final Redemption Amount, Early Redemption Amount (Tax), Optional Redemption Amount (Call) or Optional Redemption Amount (Put), as applicable, plus, in each case, the Redemption Premium Amount specified in the relevant Final Terms and applicable to such Sustainability-Linked Notes and references to the Final Redemption Amount, Early Redemption Amount (Tax), Optional Redemption Amount (Call) or Optional Redemption Amount (Put) in these Conditions shall be construed accordingly. For the avoidance of doubt, in the event the relevant Final Terms specify more than one Sustainability-Linked Condition, then the applicable Redemption Premium Amount shall be payable in respect of each Redemption Premium Event that has occurred during the term of such Sustainability-Linked Notes. The Fiscal Agent shall not be obliged to monitor or inquire as to whether a Redemption Premium Event has occurred or have any liability in respect thereof.
Appears in 3 contracts
Sources: Fiscal Agency Agreement, Fiscal Agency Agreement, Fiscal Agency Agreement