
Optional Redemption Notice to Noteholders
NOTICE OF EXERCISE OF THE MORTGAGE POOL OPTION AND MANDATORY REDEMPTION IN FULL OF THE NOTES
(Registered in
(the "Issuer")
Class A Notes due
Class
Class
Class
Class
The Master Definitions Schedule, dated
IRREVOCABLE NOTICE IS HEREBY GIVEN by the Issuer to each Noteholder in accordance with Note Condition 13 (Notice to Noteholders) that:
(a)
(b) all of the outstanding Notes will be redeemed by the Issuer on the Call Option Date pursuant to Note Condition 5(d)(i) (Mandatory Redemption in Full) at an amount equal to the Principal Amount Outstanding of the relevant Note to be redeemed with accrued (and unpaid) interest on the Principal Amount Outstanding of the relevant Note up to but excluding the date of redemption; and
(c) the Issuer has delivered to the Note Trustee a certificate signed by two directors of the Issuer stating that it will on the date for redemption have the necessary funds from a sale of the Charged Property pursuant to the Deed Poll, together with any amounts standing to the credit of the Transaction Account (including the
By:
10th Floor,
as Issuer
Dated
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