National Grid 2008 Annual Report Download - page 417

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 13513
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 74
Description: EXH 2(B).7.1
0/3828.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/828/3*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 13513
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 74 Description: EXH 2(B).7.1
0/3828.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/828/3*
GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS
74
(iii) Unmatured Coupons to become void upon
early redemption (Condition 6.5)
[Yes/No/Not Applicable]
24 Form of Instruments: Bearer Instruments:
[Temporary Global Instrument exchan
g
eable for a permanent
Global Instrument which is exchangeable for Definitive
Instruments in the limited circumstances specified in the
Permanent Global Instrument
]
[Temporary Global Instrument exchangeable for Definitive
Instruments on 40 da
y
s’ notice
]
[Permanent Global Instrument exchangeable for Definitive
Instruments in the limited circumstances specified in the
permanent Global Instrument]
(The exchange upon notice/at any time option should not be
expressed to be applicable if the Specified Denomination of
the Instruments in paragraph 6 includes language
substantially to the following effect “[
€50,000] and integral
multiples of [
€1,000] in excess thereof up to and including
[99,000]”.)
New Global Note intended to be held in a
manner which would allow Eurosystem eligibility:
[Not Applicable
1
/Yes]
[Note that the designation “Yes” simply means that the
Instruments are intended upon issue to be deposited with
Euroclear or Clearstream, Luxembourg as common
safekeeper and does not necessarily mean that the
Instruments will be recognised as eligible collateral for
Eurosystem monetary policy and intra-day credit operations
by the Eurosystem either upon issue or at any or all times
during their life. Such recognition will depend upon
satisfaction of the Eurosystem eligibility criteria.] [Include this
text if “Yes” selected in which case the Instruments must be
issued in NGN form
]
25 Financial Centre(s) or other special provisions
relating to Payment Dates (Condition 6.6):
[Not Applicable/give details. Note that this item relates to the
date and place of payment, and not interest period end dates,
to which items 16(iv) and 18(x) relate]
26 Talons for future Coupons or Receipts to be
attached to Definitive Instruments (and dates on
which such Talons mature
)
:
[Yes/No. If yes, give details]
27 Details relating to Partly Paid Instruments:
amount of each payment comprising the Issue
Price and date on which each payment is to be
made and consequences (if any) of failure to
pay, including any right of the Issuer[ or the
[Not Applicable/give details]
1
S
p
ecif
y
“Not A
pp
licable” if the Notes bein
g
issued are Classic Global Notes/CGNs.