Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
Vorarlberger Landes- und Hypothekenbank Aktiengesellschaft
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81<br />
PART II – ADDENDA TO THE BASIC TERMS<br />
A. NOTES IN REGISTERED FORM (OTHER THAN PFANDBRIEFE)<br />
The instructions given below refer to the Terms and Conditions of Notes in Bearer Form (other than<br />
Pfandbriefe) set out in PART I (A) above. In the case of a registered Note, the Terms and Conditions set<br />
out in PART I (A) above are modified in accordance with the instructions below, subject to all the terms of<br />
the applicable Final Terms.<br />
[§ 1 (CURRENCY, DENOMINATION, FORM, CERTAIN DEFINITIONS) to be replaced in its entirety by<br />
the following:<br />
(1) Currency and Principal Amount.<br />
§ 1<br />
CURRENCY, FORM, TRANSFERS, CERTAIN DEFINITIONS<br />
[In the case of Notes with nominal amount insert:<br />
The Notes of this Series (the "Notes") of <strong>Vorarlberger</strong> <strong>Landes</strong>- <strong>und</strong> <strong>Hypothekenbank</strong> <strong>Aktiengesellschaft</strong><br />
(the "Issuer") are being issued in [insert Specified Currency] (the "Specified Currency") in the<br />
aggregate principal amount of [insert aggregate principal amount] (in words: [insert aggregate<br />
principal amount in words]) in a denomination of [insert Specified Denomination] (the "Specified<br />
Denomination") each.]<br />
[In the case of Notes without nominal amount insert:<br />
This Series of Notes (the "Notes") of <strong>Vorarlberger</strong> <strong>Landes</strong>- <strong>und</strong> <strong>Hypothekenbank</strong> <strong>Aktiengesellschaft</strong> (the<br />
"Issuer") is divided into [insert the number of Notes] Notes in [insert Specified Currency] (the<br />
"Specified Currency").]<br />
(2) Form. The Notes are being issued in registered form.<br />
(3) Global Note. The Notes are represented by one or more global notes (each, a "Global Note") which<br />
shall be signed by authorized signatories of the Issuer and authenticated by or on behalf of the Fiscal<br />
Agent. Definitive Notes will not be issued.<br />
(4) Transfer.<br />
(a) The rights of a Holder evidenced by any Global Note and title to such Global Note itself pass by<br />
assignment and registration in the Register. Except as ordered by a court of competent jurisdiction or<br />
as required by law, the Issuer, the Fiscal Agent and the Registrar shall deem and treat each registered<br />
holder of a Global Note as the absolute holder thereof and of the rights evidenced thereby.<br />
(b) The rights of any Holder evidenced by any Global Note and title to such Global Note itself may be<br />
transferred [[In case the Global Note may be transferred in whole only, insert: in whole only] [In<br />
case the Global Note may be transferred in whole or in part, insert: in whole or in part] upon the<br />
surrender of such Global Note, together with the form of assignment endorsed on it duly completed and<br />
executed, at the specified office of the Registrar. In the case of a transfer of a Global Note, a new<br />
Global Note will be issued to the transferee. [In case the Global Note may be transferred in whole<br />
or in part, insert: In the case of a transfer of part only of a Global Note, a new Global Note in respect<br />
of the amount transferred will be issued to the transferee and a new Global Note in respect of the<br />
amount not transferred will be issued to the transferor. Any transfer of part only of a Global Note is<br />
permitted only for a minimum aggregate principal amount of [insert Specified Currency and such<br />
Minimum Principal Amount] or an integral multiple thereof.<br />
(c) Each new Global Note to be issued upon transfer of any Global Note will, within seven business days<br />
(being, for the purposes of this subsection, a day other than a Saturday or S<strong>und</strong>ay, on which banks are<br />
open for business in the place of the specified office of the Registrar) of delivery of such Global Note<br />
and the duly completed and executed form of assignment, be available for collection at the specified<br />
office of the Registrar or, at the request of the Holder making such delivery and as specified in the<br />
relevant form of assignment, be mailed at the risk of the Holder entitled to the new Global Note to such<br />
address as may be specified in the form of assignment.