What is an Extraordinary Event?

This is an event that could have an impact on the Note issuer’s ability to perform their obligations under the Notes or to hedge their position in respect of their obligation to make payments under the Notes. An Extraordinary Event could include the failure of the applicable Price Sources to publish the underlying benchmark’s price; the material suspension of trading in an Underlying Benchmark; a material change in the content, composition or constitution of the underlying benchmark and/or any event, circumstance or cause (whether or not reasonably foreseeable) beyond the issuer’s control that in their opinion may materially and adversely affect the trading of the underlying benchmark.

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