13.04.2013 Views

EUR 3000000000 debt issuance programme, 10 ... - Volksbank AG

EUR 3000000000 debt issuance programme, 10 ... - Volksbank AG

EUR 3000000000 debt issuance programme, 10 ... - Volksbank AG

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>10</strong>. GENERAL INFORMATION<br />

(1) The establishment of the Debt Issuance Programme was authorised by a resolution of the board of the<br />

directors of the Issuer passed on 27 November 2008. The Issuer will obtain all specific necessary consents,<br />

approvals and authorisations in Luxembourg and Austria prior to the issue of each Series of Securities.<br />

(2) Each Security will bear the following legend: “Any United States person who holds this obligation will be<br />

subject to limitations under the United States income tax laws, including the limitations provided in Sections<br />

165(j) and 1287(a) of the Internal Revenue Code”.<br />

(3) Securities may be accepted for clearance through Clearstream <strong>AG</strong> or any other Clearing System as may be<br />

agreed between the Issuer, the relevant Paying Agent and the Subscriber. The common code and the ISIN and<br />

(where applicable) the identification number for any other relevant Clearing System for each Series of Securities<br />

will be set out in the relevant Final Terms.<br />

(4) The address of Clearstream <strong>AG</strong> is Neue Börsenstrasse 1, D-60487 Frankfurt am Main, Germany. Addresses<br />

of alternative Clearing Systems will be specified in the applicable Final Terms.<br />

(5) The issue price and the amount of the relevant Securities will be determined before filing of the relevant<br />

Final Terms of each Tranche based on the then prevailing market conditions. Where for a particular Tranche<br />

of Securities the issue price or aggregate principal amount are not fixed at the time of issue, the Final Terms<br />

shall describe the procedures for calculation and publication of such information. Save in this instance, the<br />

Issuer does not intend to provide any post-issue information in relation to any issues of Securities.<br />

(6) For so long as Securities may be issued pursuant to this Prospectus and are outstanding, the following<br />

documents will be available, during usual business hours, for inspection at the registered office of the Issuer<br />

and the specified offices of the Austrian Paying Agent:<br />

(i) the Security Subscription and Main Compartment Asset Purchase Agreement;<br />

(ii) the Account and Main Compartment Asset Custody Agreement;<br />

(iii) the Derivative Agreements;<br />

(each of the foregoing, in respect of an individual Compartment of the Issuer)<br />

(iv) the Agency Agreement (which include the form of the Global Notes);<br />

(v) the Cash Management Agreement;<br />

(vi) the Management Agreement;<br />

(vii) the Corporate Administration Agreement;<br />

(viii) the Articles of the Issuer;<br />

(ix) the most recent audited annual report of the VB<strong>AG</strong> Group and its audited consolidated annual accounts of<br />

for the two most recent financial years at the relevant time, as well as the opening accounts and the most recent<br />

annual accounts of the Issuer (dated 22 June and 31 December 2007 respectively) as well as any financial<br />

statements of the Issuer drawn up since the date of this Prospectus;<br />

(x) the Conditions and each Final Terms for Securities issued by the Issuer;<br />

(xi) a copy of this Prospectus together with any supplement to this Prospectus or further prospectus (also<br />

available on the Austrian Paying Agent’s internet site (www.volksbank.at/levade)); and<br />

280

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!