QUÉBECTerms Agreement • April 20th, 2016 • Quebec • Foreign governments
On behalf of the several Underwriters named in Schedule I hereto and for their respective accounts, we offer to purchase on and subject to the terms and conditions of this Terms Agreement and the Québec Underwriting Agreement Standard Provisions (Debt Securities), dated April 12, 2016 (the “Underwriting Agreement Standard Provisions”), the following Designated Securities on the following terms. All of the provisions of the Underwriting Agreement Standard Provisions attached hereto are herein incorporated by reference in their entirety and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Except as otherwise indicated, capitalized terms used herein have the meanings specified in the Underwriting Agreement Standard Provisions:
QUÉBEC DUE April 20, 2026 FISCAL AGENCY AGREEMENTFiscal Agency Agreement • April 20th, 2016 • Quebec • Foreign governments
WHEREAS pursuant to a terms agreement (the “Terms Agreement”), dated April 12, 2016, among the Issuer, on the one hand, and CIBC World Markets Corp., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, each acting jointly on behalf of themselves and the several Underwriters named therein, on the other hand, which incorporates by reference all of the provisions of the Québec Underwriting Agreement Standard Provisions (Debt Securities), dated April 12, 2016, the Issuer has agreed to create, issue and sell U.S.$2,000,000,000 aggregate principal amount of 2.50% Global Notes Series QP due April 20, 2026 (herein collectively called the “Notes” or, individually, a “Note”);
