Notwithstanding the provisions of the preceding paragraph, Share Options attached to Bonds with Share Option may not be pledged on a stand-alone basis;provided, however, that this does not apply if the Bonds with respect to such Bonds with Share Option are extinguished.
Bonds with respect to Bonds with Share Option may not be pledged on a stand-alone basis;provided, however, that this does not apply if the Share Options attached to such Bonds with Share Option are extinguished.
Pledging Share Options for which certificates are issued does not become effective unless the share option certificates representing the share options for which certificates are issued have been delivered.
Pledging Share Options attached to a Bond with Share Options for which a certificate is issued does not become effective unless the certificate representing the Bond with Share Options for such a Bond with Share Options for which a certificate is issued is delivered.