Carnival Corporation & plc Group means the
Carnival Corporation Group and the Carnival plc Group.
Carnival Corporation Group means the Carnival Corporation and
all its subsidiaries from time to time.
Carnival plc Group means Carnival plc and all its subsidiaries from time to
time.
GAAP means generally accepted accounting principles in the United States in effect on the original issue date of
the notes.
Indebtedness For Borrowed Money of any Person means, without duplication, (a) all obligations of such
Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments and (c) all guarantee obligations of such Person with respect to Indebtedness For Borrowed Money of others.
Person means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock
company, trust, unincorporated organization or government or any agency or political subdivision thereof.
Security
Interest means a mortgage, pledge, lien, charge, assignment, hypothecation or security interest or any other agreement or arrangement having a similar effect.
Book-Entry, Delivery and Settlement
Global Notes
We will issue the debt securities in the form of one or more global notes in definitive, fully registered, book-entry form.
Clearstream and Euroclear
Each
global note will be deposited with, or on behalf of, a common depositary, and registered in the name of the nominee of the common depositary for the accounts of Clearstream and Euroclear. Except as set forth below, the global notes may be
transferred, in whole and not in part, only to the common depositary, its successors or their respective nominees. You may hold your interests in the global notes in Europe through Clearstream or Euroclear, either as a participant in such systems or
indirectly through organizations which are participants in such systems. Clearstream and Euroclear will hold interests in the global notes on behalf of their respective participating organizations or customers through customers securities
accounts in Clearstreams or Euroclears names on the books of their respective depositaries. Book-entry interests in the notes and all transfers relating to the notes will be reflected in the book-entry records of Clearstream and
Euroclear. The address of Clearstream is 42 Avenue JF Kennedy, L-1855 Luxembourg, Luxembourg and the address of Euroclear is 1 Boulevard du Roi Albert II, B-1210
Brussels, Belgium.
The distribution of the notes will be cleared through Clearstream and Euroclear. Any secondary market trading of
book-entry interests in the notes will take place through Clearstream and Euroclear participants and will settle in same-day funds. Owners of book-entry interests in the notes will receive payments relating to
their notes in euro, except as described in this prospectus supplement under Foreign Exchange Risks.
Clearstream has advised
us that it is incorporated under the laws of Luxembourg as a professional depositary. Clearstream holds securities for its customers and facilitates the clearance and settlement of securities transactions between its customers through electronic
book-entry changes in accounts of its customers, thereby eliminating the need for physical movement of certificates. Clearstream provides to its customers, among other things, services for safekeeping, administration, clearance and settlement of
internationally traded securities and
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