1  Definitions and Interpretation

1.1  Account has the meaning given in clause 2.2 (Insurance Proceeds Account)

Account Holders has the meaning given in clause 2.1 (Insurance Proceeds Account)

Cessation Date has the meaning given in clause 8.6 (The Account Bank)

Cessation Notice has the meaning given in clause 8.6 (The Account Bank)

Credit Provider means [♦]

Event of Default has the meaning given in the Senior Lender's Direct Agreement

Project Agreement means [♦]

Qualifying Bank has the meaning given in clause (b)(ii) of the definition of Qualifying Bank Transaction in Schedule 21 (Refinancing) which states "any institution which is recognised or permitted under the law of any member state of the EEA to carry on the business of a credit institution pursuant to Council Directive 2001/12/EC relating to the taking up and pursuit of the business of credit institutions or which is otherwise permitted to accept deposits in the United Kingdom or any other EU member state

Senior Finance Documents means [♦]

Security Documents means [♦]

Successor Account Bank has the meaning given in clause 8.6 (The Account Bank)

1.2  Capitalised terms defined in the Project Agreement shall have the same meaning in this Agreement.

1.3  European Economic and Monetary Union

In the event that the United Kingdom joins EMU any figures expressed in £ and sterling under this Deed shall be converted into Euro at the rate for conversion of sterling into Euro established by the Council of the European Union pursuant to the Treaty (including compliance with rules relating to rounding in accordance with European Community regulations) and any reference to a figure in £ or Sterling shall mean that figure adjusted into Euro.