July 05, 2025
Asian Change in Law
"Asian Change in Law refers to any event occurring on or after the Issue Date of a series of Notes, where—due to the enactment or amendment of any applicable law or regulation (including tax laws), or a new or revised interpretation of such law or regulation by a court, tribunal, or regulatory authority with proper jurisdiction—the Issuer, at its sole discretion, determines that it has become illegal for it or any of its Affiliates to hold, acquire, or dispose of hedge positions related to the Notes, or that the performance of its obligations under the Notes would result in a materially increased cost."
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