Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex
Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex
Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
in which ev<strong>en</strong>t such hol<strong>de</strong>r, at its option, may elect by notice to the Issuer to withdraw the noticegiv<strong>en</strong> pursuant to th<strong>is</strong> Con<strong>dit</strong>ion 5(d) and instead to <strong>de</strong>clare such Note forthwith due and payablepursuant to Con<strong>dit</strong>ion 14.(e)Re<strong>de</strong>mption for IllegalityIn the ev<strong>en</strong>t that the Issuer <strong>de</strong>termines in good faith that the performance of the Issuer’s obligationsun<strong>de</strong>r the Notes or that any arrangem<strong>en</strong>ts ma<strong>de</strong> to hedge the Issuer’s obligations un<strong>de</strong>r the Notes hasor will become unlawful, illegal or otherw<strong>is</strong>e prohibited in whole or in part as a result of compliancewith any applicable pres<strong>en</strong>t or future law, rule, regulation, judgm<strong>en</strong>t, or<strong>de</strong>r or directive of anygovernm<strong>en</strong>tal, admin<strong>is</strong>trative, leg<strong>is</strong>lative or judicial authority or power, or in the interpretationthereof, the Issuer, having giv<strong>en</strong> not less than 10 nor more than 30 days’ notice to Notehol<strong>de</strong>rs, inaccordance with Con<strong>dit</strong>ion 19 (which notice shall be irrevocable), may, on expiry of such noticere<strong>de</strong>em all, but not some only, of the Notes, each Note being re<strong>de</strong>emed at the Early Re<strong>de</strong>mptionAmount together (if appropriate) with interest accrued to (but excluding) the date of re<strong>de</strong>mption.(f)Obligatory Re<strong>de</strong>mptionIf Obligatory Re<strong>de</strong>mption <strong>is</strong> specified as applicable in the rele<strong>van</strong>t Final Terms, the Issuer has theobligation to re<strong>de</strong>em all, but not some only, of the Notes, in whole but not in part, on any ObligatoryRe<strong>de</strong>mption Date(s) at the Obligatory Re<strong>de</strong>mption Amount specified in, or <strong>de</strong>termined in the mannerspecified in, the rele<strong>van</strong>t Final Terms together, if appropriate, with interest accrued to (but excluding)the Optional Re<strong>de</strong>mption Date(s).(g)Early Re<strong>de</strong>mption Amounts(i)Zero Coupon Notes(A)(B)(C)The Early Re<strong>de</strong>mption Amount payable in respect of a Zero Coupon Note shall be anamount (the “Amort<strong>is</strong>ed Face Amount”), calculated as provi<strong>de</strong>d below, of suchNote, unless otherw<strong>is</strong>e specified in the rele<strong>van</strong>t Final Terms.Subject to the prov<strong>is</strong>ions of sub-paragraph (C) below, the Amort<strong>is</strong>ed Face Amount ofany such Note shall be the scheduled Final Re<strong>de</strong>mption Amount of such Note on theMaturity Date d<strong>is</strong>counted at a rate per annum (expressed as a perc<strong>en</strong>tage) equal to the“Amort<strong>is</strong>ation Yield” (which, if none <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms, shallbe such rate as would produce the Amort<strong>is</strong>ed Face Amount equal to the <strong>is</strong>sue price ofthe Notes if they were d<strong>is</strong>counted back to their <strong>is</strong>sue price on the Issue Date)compoun<strong>de</strong>d annually.If the Early Re<strong>de</strong>mption Amount in respect of any such Note upon its re<strong>de</strong>mptionpursuant to Con<strong>dit</strong>ion 5(b), Con<strong>dit</strong>ion 5(e) or upon it becoming due and payable asprovi<strong>de</strong>d in Con<strong>dit</strong>ion 14 <strong>is</strong> not paid wh<strong>en</strong> due, the Early Re<strong>de</strong>mption Amount dueand payable in respect of such Note shall be the Amort<strong>is</strong>ed Face Amount of such Noteand <strong>de</strong>fined in sub-paragraph (B) above, except that such sub-paragraph shall haveeffect as though the refer<strong>en</strong>ce therein to the date on which the Notes become due andpayable were replaced by a refer<strong>en</strong>ce to the Rele<strong>van</strong>t Date. The calculation of theAmort<strong>is</strong>ed Face Amount in accordance with sub-paragraph (B) shall continue to bema<strong>de</strong> (both before and after judgm<strong>en</strong>t) until the Rele<strong>van</strong>t Date, unless the Rele<strong>van</strong>tDate falls on or after the Maturity Date, in which case the amount due and payableshall be the scheduled Final Re<strong>de</strong>mption Amount of such Notes on the Maturity Datetogether with any interest that may accrue in accordance with Con<strong>dit</strong>ion 4(c).130