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This excerpt taken from the SYT 20-F filed Feb 18, 2009. Put
Option"), the bearer of this Global Note must, within the period
specified in the Conditions for the deposit of the relevant Note and Put Option
Notice, give written notice of such exercise to the Principal Paying Agent
specifying the principal amount of Notes in respect of which the Put Option is
being exercised. Any such notice shall be irrevocable and may not be
withdrawn.
In
connection with an exercise of the option contained in Condition 10(c) (Redemption at the option of the
Issuer) in relation to some only of the Notes, this Global Note may be
redeemed in part in the principal amount specified by the Issuer in accordance
with the Conditions and the Notes to be redeemed will not be selected as
provided in the Conditions but will be selected in accordance with the rules of
Euroclear and/or Clearstream, Luxembourg and/or any other relevant clearing
system.
Notwithstanding
Condition 20 (Notices),
while all the Notes are represented by this Global Note (or by this Global Note
and a temporary global note) and this Global Note is (or this Global Note and a
temporary global note are) deposited with a depositary or a common
depositary for Euroclear and/or Clearstream, Luxembourg and/or any other
relevant clearing system, notices to Noteholders may be given by delivery of the
relevant notice to Euroclear and/or Clearstream, Luxembourg and/or any other
relevant clearing system and, in any case, such notices shall be deemed to have
been given to the Noteholders in accordance with Condition 20 (Notices) on the date of
delivery to Euroclear and/or Clearstream, Luxembourg and/or any other relevant
clearing system.
Whilst
any of the Notes are represented by this Global Note (or by this Global Note and
a temporary global note), such notice may be given by any holder of this Global
Note (or this Global Note and a temporary global note) to the Principal Paying
Agent through Euroclear and/or Clearstream, Luxembourg, as the case may be, in
such manner as the Principal Paying Agent and Euroclear and/or Clearstream,
Luxembourg, as the case may be, may approve for this purpose.
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If the
Notes are redenominated pursuant to Condition 22 (Redenomination, Renominalisation and
Reconventioning), then following redenomination;
This
Global Note shall not be valid for any purpose until it has been authenticated
for and on behalf of The Bank of New York Mellon, as Principal Paying
Agent.
This
Global Note and all matters arising from or connected with it, including all
non-contractual obligations arising out of or in connection with this Global
Note, are governed by English law.
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