Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Use of Proceeds<br />
163<br />
General Information<br />
The net proceeds from each issue will be used for general financing purposes of the Issuer.<br />
Authorisation<br />
The establishment of the Programme was authorised by the Board of Management of the Issuer on<br />
15 February 1999. The increase of the Programme amount to EUR 8,000,000,000 was authorized by the<br />
Board of Management on 18 April 2006. The update of the Programme 2006 was authorised by the Board<br />
of Management of the Issuer on 18 April 2006 and approved by the Supervisory Board of the Issuer on<br />
18 April 2006. The update of the Programme 2007 was authorised by the Board of Management of the<br />
Issuer on 2 July 2007 and approved by the Supervisory Board of the Issuer on 31 January 2007. The<br />
update of the Programme 2008 was authorised by the Board of Management of the Issuer on 7 January<br />
2008 and approved by the Supervisory Board of the Issuer on 30 January 2008. The update of the<br />
Programme 2009 was authorised by the Board of Management of the Issuer on 2 March 2009 and<br />
approved by the Supervisory Board of the Issuer on 22 April 2009. The update of the Programme 2010<br />
was authorised by the Board of Management of the Issuer on 8 March 2010 and approved by the<br />
Supervisory Board of the Issuer on 21 April 2010.<br />
Interests of Natural and Legal Persons involved in the Issue/Offer<br />
Certain Dealers and their affiliates may be customers of, and borrowers from the Issuer and its affiliates. In<br />
addition, certain Dealers and their affiliates have engaged, and may in the future engage, in investment<br />
banking and/or commercial banking transactions with, and may perform services for the Issuer and its<br />
affiliates in the ordinary course of business.<br />
Post Issuance Information<br />
In case of Notes where payment of interest and/or principal is determined by reference to an <strong>und</strong>erlying,<br />
the Issuer does not intend to provide any post issuance information, if not otherwise required by all<br />
applicable laws and regulations.<br />
Clearing Systems<br />
The relevant Final Terms will specify which clearing system or systems (including OeKB, CBF, CBL and/or<br />
Euroclear) or any other recognised clearing system has/have accepted the relevant Notes for clearance<br />
and provide any further appropriate information.<br />
Admission to Trading / Listing Information<br />
Regulated Market "Bourse de Luxembourg"<br />
Application has been made to list Notes in bearer form to be issued <strong>und</strong>er the Programme on the official<br />
list of the Luxembourg Stock Exchange and to trade Notes on the Regulated Market "Bourse de<br />
Luxembourg".<br />
However, Notes may be issued pursuant to the Programme which will not be listed on the regulated<br />
market of the Luxembourg Stock Exchange or any other stock exchange or which will be listed on such<br />
stock exchange as the Issuer and the relevant Dealer(s) may agree. Notes in registered form will not be<br />
listed on any stock exchange.<br />
Each Paying Agent shall have available at its specified office a copy of the Amended and Restated Dealer<br />
Agreement dated 28 May 2010 (the "Dealer Agreement"), the Amended and Restated Fiscal Agency<br />
Agreement dated 28 May 2010 (the "Fiscal Agency Agreement") as well as the Amended and Restated<br />
Austrian Fiscal Agency Rules dated 28 May 2010 and shall make available for inspection these<br />
documents free of charge during normal business hours. Any Final Terms relating to Notes which will be
Change language