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This excerpt taken from the PBR 20-F filed May 19, 2008. provided, however,
that this Section 10(b) shall not require the Standby Purchaser to maintain or
cause any Subsidiary thereof to maintain any such right, privilege, title to
property or franchise or require the Standby Purchaser to preserve the corporate
existence of any Subsidiary, if, in each case, the failure to do so does
not, and will not, have a Material Adverse Effect.
(c) Maintenance of Office or Agency. So long as any of the Notes are outstanding, the Standby Purchaser will maintain in the Borough of Manhattan, The City of New York, an office or agency where notices to and demands upon the Standby Purchaser in respect of this Agreement may be served, and the Standby Purchaser will not change the designation of such office without prior written notice to the Trustee and designation of a replacement office in the same general location. (d) Ranking. The Standby Purchaser will ensure at all times that its obligations under this Agreement will constitute the general senior unsecured and unsubordinated obligations of the Standby Purchaser and will rank This excerpt taken from the PBR 6-K filed Nov 14, 2007. provided, however, that this Section 10(b) shall not require the Standby Purchaser to maintain or cause any Subsidiary thereof to maintain any such right, privilege, title to property or franchise or require the Standby Purchaser to preserve the corporate existence of any
Subsidiary, if, in each case, the failure to do so does not, and will not, have a Material Adverse Effect.
(c) Maintenance of Office or Agency. So long as any of the Notes are outstanding, the Standby Purchaser will maintain in the Borough of Manhattan, The City of New York, an office or agency where notices to and demands upon the Standby Purchaser in respect of this Agreement may be served, and the Standby Purchaser will not change the designation of such office without prior written notice to the Trustee and designation of a replacement office in the same general location. (d) Ranking. The Standby Purchaser will ensure at all times that its obligations under this Agreement will constitute the general senior unsecured and unsubordinated obligations of the Standby Purchaser and will rank This excerpt taken from the PBR 6-K filed Oct 10, 2006. provided, however, that this Section 10(b) shall not require the Standby Purchaser to maintain or cause any Subsidiary thereof to maintain any such right, privilege, title to property or franchise or require the Standby Purchaser to preserve the corporate existence of any
Subsidiary, if, in each case, the failure to do so does not, and will not, have a Material Adverse Effect.
(c) Maintenance of Ownership of the Issuer. For so long as any Notes are outstanding, the Standby Purchaser will retain no less than 51% direct or indirect ownership of the outstanding voting and economic interests (equity or otherwise) of and in the Issuer.
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(d) Maintenance of Office or Agency. So long as any of the Notes are outstanding, the Standby Purchaser will maintain in the Borough of Manhattan, The City of New York, an office or agency where notices to and demands upon the Standby Purchaser in respect of this Agreement may be served, and the Standby Purchaser will not change the designation of such office without prior notice to the Trustee and designation of a replacement office in the same general location. (e) Ranking. The Standby Purchaser will ensure at all times that its obligations under this Agreement will constitute the general senior unsecured and unsubordinated obligations of the Standby Purchaser and will rank | EXCERPTS ON THIS PAGE:
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