Euroclear and Clearstream, Luxembourg. Investors holding Other Registered Debt Securities through Euroclear, Clearstream, Luxembourg or such other clearing system shall follow the settlement procedures applicable to conventional Eurobonds in registered form. Such Other Registered Debt Securities shall be credited to Euroclear, Clearstream, Luxembourg or such other clearing system participants’ securities accounts either on the relevant Issue Date or on the settlement day following the relevant Issue Date against payment in same-day funds (for value on the relevant Issue Date).
Euroclear and Clearstream, Luxembourg. References herein to Euroclear and/or Clearstream, Luxembourg shall be deemed to include references to any other clearing system approved by the Note Trustee.
Euroclear and Clearstream, Luxembourg. Notes represented by this permanent Global Note are transferable in accordance with the rules and procedures of Euroclear and Clearstream, Luxembourg, as appropriate. References in this permanent Global Note to Euroclear and/or Clearstream, Luxembourg shall be deemed to include references to any other clearing system through which interests in the Notes are held.
Euroclear and Clearstream, Luxembourg. The Issuer and the Subsidiary Guarantors will cooperate with the Initial Purchasers and use their best efforts to permit the Notes to be eligible for clearance and settlement through the facilities of Euroclear and Clearstream, Luxembourg and will assist the Initial Purchasers in obtaining the approval of Euroclear and Clearstream, Luxembourg for “book-entry” transfer of the Notes in global form.
Euroclear and Clearstream, Luxembourg. Notes represented by a Global Note are transferable in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as appropriate. SCHEDULE 2 FORMS OF GLOBAL AND DEFINITIVE NOTES AND COUPONS Part 1 FORM OF TEMPORARY GLOBAL NOTE XXX X.x.X. (incorporated with limited liability under the laws of the Republic of Italy) TEMPORARY GLOBAL NOTE representing €750,000,000 7.875 PER CENT. NOTES DUE 31 JULY 2028 (ISIN: XS2637954582) This Note is a temporary Global Note without interest coupons in respect of a duly authorised issue of Notes of XXX X.x.X. (the “Issuer”), designated as specified in the title hereof (the “Notes”), limited to the aggregate principal amount of seven hundred and fifty million Euros (€750,000,000) and constituted by a Trust Deed dated 20 July 2023 (the “Trust Deed”) between the Issuer and GLAS Trustees Limited as trustee (the trustee for the time being thereof being herein called the Trustee). References herein to the Conditions (or to any particular numbered Condition) shall be to the Conditions (or that particular one of them) set out in Schedule 1 to the Trust Deed. The aggregate principal amount from time to time of this temporary Global Note shall be that amount as entered from time to time in the records of both Euroclear Bank SA/NV (“Euroclear”) and from Clearstream Banking, S.A. (“Clearstream, Luxembourg” and with Euroclear and any other clearing system appointed by the Trustee, together the “relevant Clearing Systems”).
