Common use of Scheduled redemption Clause in Contracts

Scheduled redemption. Unless the Rapid Amortisation Period or the Regulated Amortisation Period has earlier commenced each Class of Note will be redeemed on its Scheduled Redemption Date as specified in the Applicable Supplement. To the extent that the principal amount which is deposited to the Series Distribution Account on the Scheduled Redemption Date in reduction of the class of Investor Interest corresponding to any Class of Note as specified in the Applicable Supplement (such amount, the "RELEVANT INVESTOR AMOUNT") is less than the Principal Amount Outstanding on such Class of Notes on the Scheduled Redemption Date, then that Class of Notes will be redeemed pro rata to the extent of the Relevant Investor Amount and the Rapid Amortisation Period will commence with effect from such Scheduled Redemption Date. On each Interest Payment Date which thereafter occurs during the Rapid Amortisation Period, such Class of Notes will be redeemed pro rata to the extent of the principal amount which is deposited to the Series Distribution Account on such date in reduction of the corresponding Class of Investor Interest as specified in the Applicable Supplement until the earlier of (a) such time as the relevant Class of Notes has been repaid in full and (b) the Series Termination Date specified in the Applicable Supplement.

Scheduled redemption. Unless the Rapid Amortisation Period or the Regulated Amortisation Period has earlier commenced each Class of Note will be redeemed on its Scheduled Redemption Date as specified in the Applicable Supplement. To the extent that the principal amount which is deposited to the Series Distribution Account on the Scheduled Redemption Date in reduction of the class of Investor Interest corresponding to any Class of Note as specified in the Applicable Supplement (such amount, the "RELEVANT INVESTOR AMOUNTRelevant Investor Amount") is less than the Principal Amount Outstanding on such Class of Notes on the Scheduled Redemption Date, then that Class of Notes will be redeemed pro rata to the extent of the Relevant Investor Amount and the Rapid Amortisation Period will commence with effect from such Scheduled Redemption Date. On each Interest Payment Date which thereafter occurs during the Rapid Amortisation Period, such Class of Notes will be redeemed pro rata to the extent of the principal amount which is deposited to the Series Distribution Account on such date in reduction of the corresponding Class of Investor Interest as specified in the Applicable Supplement until the earlier of (a) such time as the relevant Class of Notes has been repaid in full and (b) the Series Termination Date specified in the Applicable Supplement.

Scheduled redemption. Unless the Rapid Amortisation Period or has commenced prior to the Regulated Amortisation Period has earlier commenced relevant Scheduled Redemption Date, each Class of Loan Note will be redeemed on its Scheduled Redemption Date as specified in the Applicable SupplementDate. To the extent that the principal amount which is deposited to in the Series Loan Note Issuer Distribution Account or any Additional Loan Note Issuer Account for the purposes of redeeming the relevant Class of the relevant Series of Loan Note on the relevant Scheduled Redemption Date in reduction is (where applicable, following conversion of the class of Investor Interest corresponding such principal amount to any Class of Note as specified in the Applicable Supplement (such amount, the "RELEVANT INVESTOR AMOUNT"another currency pursuant to a Related Agreement) is less than the Principal Amount Outstanding on such Class of Loan Notes on the Scheduled Redemption Date, then that Class of Loan Notes will be redeemed pro rata to the extent of the Relevant Investor Amount such principal amount and the Rapid Amortisation Period will commence with effect from such Scheduled Redemption DateDate in relation to the unredeemed principal amount of such Class of Loan Notes (subject to the terms of the relevant Loan Note Supplement). On each Interest Payment Date which thereafter occurs during the Rapid Amortisation Period, such Class of Loan Notes will be redeemed pro rata to the extent of the principal amount which is deposited in the Loan Note Issuer Distribution Account or any Additional Loan Note Issuer Account relating to the relevant Class of the relevant Series Distribution Account on such date in reduction (where applicable, following conversion of the corresponding Class of Investor Interest as specified in the Applicable Supplement such principal amount to another currency pursuant to a Related Agreement) until the earlier of (a) such time as the relevant Class of Loan Notes has been repaid in full and (b) the Series Termination Final Redemption Date specified in the Applicable relevant Loan Note Supplement.