4. Definitions

STANDARDISATION OF PF2 CONTRACTS PROVISION

SOURCE OF CHANGE WHERE RELEVANT

EXPLANATION OF HOW PROVISION HAS CHANGED THE SoPC4 POSITION

4. Definitions

Affiliate

Market up-date

Transfer of shares by way of security disregarded in determining whether one company is an Affiliate of another.

Associated Company

Market up-date

Transfer of shares by way of security disregarded in determining whether one company is an Associated Company of another.

Contingent Funding Liabilities

Market up-date

Full definition provided.

Financial Close

Market up-date

To specify that it is as defined in the Senior Credit Agreement as at the date of the Contract.

Holding Company

Market up-date

Transfer of shares by way of security disregarded in determining whether one company is the Holding Company of another.

Permitted Borrowing

Market up-date

Clarificatory changes which have been used in the market for several years.

Committed Standby Facility

Market up-date

Term used in SoPC4 and not defined is defined and has been used in the market for some time.

Relevant Authority

Market up-date

Minor change to clarify.

Senior Financing Agreements

Market up-date

Making clear that consent of the Authority is required for certain amendments or for certain amendments to give rise to an increase in the Authority's liability on termination.

Tax

Market up-date

To enable Relevant Authority to be used in the definition as it is defined and referred to above.