SYT » Topics » Exchange Date

This excerpt taken from the SYT 20-F filed Feb 18, 2009.
Exchange Date"), the Issuer shall procure (in the case of first exchange) the delivery (free of charge to the bearer) of a Permanent Global Note (which expression has the meaning given in the Trust Deed) in accordance with the Paying Agency Agreement to the bearer of this Temporary Global Note or (in the case of any subsequent exchange) an increase in the principal amount of the Permanent Global Note in accordance with its terms against:
 
4.1.1
Presentation and surrender:  presentation and (in the case of final exchange) surrender of this Temporary Global Note at the Specified Office of the Principal Paying Agent; and
 
4.1.2
Certification: receipt by the Principal Paying Agent of a certificate or certificates issued by Euroclear and/or Clearstream, Luxembourg and/or any other relevant clearing system dated not earlier than the Exchange Date and in substantially the form set out in Schedule 3 (Form of Euroclear/Clearstream, Luxembourg Certification) hereto,
 
during normal business hours on or after the date which is 40 days after this Temporary Global Note is issued.
 
The principal amount of the Permanent Global Note shall be equal to the aggregate of the principal amounts specified in the certificates issued by Euroclear and/or
 
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Clearstream, Luxembourg and/or any other relevant clearing system and received by the Principal Paying Agent; provided, however, that in no circumstances shall the principal amount of the Permanent Global Note exceed the initial principal amount of this Temporary Global Note.
 
4.2
Definitive Notes; Not D Rules
 
If the Final Terms specify the form of Notes as being "Temporary Global Note exchangeable for Definitive Notes" and also specify that the C Rules are applicable or that neither the C Rules nor the D Rules are applicable, then not earlier than 40 days after the date of issue of this Temporary Global Note, the Issuer shall procure the delivery (free of charge to the bearer) of Definitive Notes (which expression has the meaning given in the Trust Deed) in accordance with the Paying Agency Agreement with Coupons and Talons (if so specified in the Final Terms) attached and in an aggregate principal amount equal to the principal amount of this Temporary Global Note to the bearer of this Temporary Global Note against presentation and surrender of this Temporary Global Note at the Specified Office of the Principal Paying Agent during normal business hours, on or after the expiry of the notice period specified in the relevant Final Terms.
 
4.3
Definitive Notes; D Rules
 
If the Final Terms specify the form of Notes as being "Temporary Global Note exchangeable for Definitive Notes" and also specify that the D Rules are applicable, then not earlier than 40 days after the date of issue of this Temporary Global Note (the "
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