HVB DIP 2006-Title Summaryv13.DOC - UniCredit

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or governmental charges of whatever kind levied or imposed by
or in the Federal Republic of Germany ("Germany") and (in the
case of Instruments issued through a foreign branch of HypoVereinsbank)
the jurisdiction in which such branch is established
unless there is an obligation by law to make such deduction or
withholding. In that event, the Issuer will pay such additional
amounts as may be necessary to ensure the receipt by the Noteholders
of the full amount stated on the Instruments, subject to
customary exceptions.
Pfandbriefe will not provide for the obligation of the Issuer to
pay such additional amounts in the event of taxes or duties being
withheld or deducted from payments of principal or interest as
aforesaid.
Certificates and Warrants will also not provide for the obligation
of the Issuer to pay such additional amounts in the event of taxes
or duties being withheld or deducted from payments of principal
or interest as aforesaid.
Status of the Instruments:
Negative Pledge:
Cross Default:
Listing:
Clearing:
If the Notes are unsubordinated Notes, as set forth in the Final
Terms, or, the Terms and Conditions (Notes), as applicable, the
Notes will constitute direct, unconditional, unsecured and unsubordinated
obligations of the Issuer and will rank at least pari
passu with the claims of all other unsecured creditors of it other
than those claims which are expressly preferred by law.
Pfandbriefe will constitute unsubordinated obligations of the Issuer
and will rank pari passu among themselves and (i) in the
case of Public Sector Pfandbriefe at least pari passu with all
other obligations of the Issuer under Public Sector Pfandbriefe
and (ii) in the case of Mortgage Pfandbriefe at least pari passu
with all other obligations of the Issuer under Mortgage Pfandbriefe.
Pfandbriefe are covered, however, by separate pools of
public loans (in the case of Public Sector Pfandbriefe) or mortgage
loans (in the case of Mortgage Pfandbriefe).
Certificates and Warrants will constitute direct, unconditional,
unsecured and unsubordinated obligations of the Issuer and will
rank at least pari passu with the claims of all other unsecured
creditors of it other than those claims which are expressly preferred
by law.
If the Notes are subordinated Notes, as set forth in the Final
Terms or, in the Terms and Conditions (Notes), as applicable, (i)
the Notes will constitute direct, unconditional, unsecured and
subordinated obligations of the Issuer and will rank at least pari
passu with the claims of all other unsecured, subordinated creditors
of it and (ii) the claims arising from the Notes are subordinated
to the claims of all other creditors of the Issuer which are
not also subordinated, as shown in Condition 4 of the Terms and
Conditions.
None.
None.
Application has been made for the Notes to be admitted to listing
and trading on the regulated market of the Luxembourg Stock
Exchange. Instruments may be admitted to listing and trading on
any EEA or other stock exchange. The Issuer may elect whether
Instruments are issued with or without a listing (as indicated in
the applicable Final Terms).
Credit Linked Notes will be listed by means of a draw-down prospectus,
prospectus supplement or Final Terms.
Instruments may be cleared through either Euroclear Bank
S.A./N.V. as operator of the Euroclear system ("Euroclear") and
Clearstream Banking societe anonyme, Luxembourg ("Clear-