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(irrespective of whether that eighth Scheduled Trading Day<strong>is</strong> already an Averaging Date) in respect of the AffectedIn<strong>de</strong>x, and (ii) the Calculation Ag<strong>en</strong>t shall <strong>de</strong>termine thelevel of that In<strong>de</strong>x for that Averaging Date in accordancewith the prov<strong>is</strong>ions relating to Valuation Date; and(C)“Valid Date” shall mean a Scheduled Trading Day that <strong>is</strong>not a D<strong>is</strong>rupted Day and on which another Averaging Datein respect of the rele<strong>van</strong>t Valuation Date does not or <strong>is</strong> not<strong>de</strong>emed to occur.“Basket”“Change in Law”“D<strong>is</strong>rupted Day”means a basket compr<strong>is</strong>ing each In<strong>de</strong>x specified in the rele<strong>van</strong>t Final Termsin the relative proportions specified in the rele<strong>van</strong>t Final Terms.means that, on or after the Tra<strong>de</strong> Date of any Notes (A) due to the adoptionof or any change in any applicable law or regulation (including, withoutlimitation, any tax law), or (B) due to the promulgation of or any change inthe interpretation by any court, tribunal or regulatory authority withcompet<strong>en</strong>t jur<strong>is</strong>diction of any applicable law or regulation (including anyaction tak<strong>en</strong> by a taxing authority), the Issuer and/or any of its Affiliates<strong>de</strong>termines in good faith that (X) it has become illegal to hold, acquire ord<strong>is</strong>pose of shares that compr<strong>is</strong>e the In<strong>de</strong>x relating to its hedge position inrespect of such Notes, or (Y) it will incur a materially increased cost inperforming its obligations un<strong>de</strong>r such Notes (including, without limitation,due to any increase in tax liability, <strong>de</strong>crease in tax b<strong>en</strong>efits or other adverseeffect on its tax position).means:(i)(ii)where the rele<strong>van</strong>t In<strong>de</strong>x <strong>is</strong> not specified in the rele<strong>van</strong>t Final Termsas being a Multi-Exchange In<strong>de</strong>x, any Scheduled Trading Day onwhich the rele<strong>van</strong>t Exchange or any Related Exchange fails to op<strong>en</strong>for trading during its regular trading session or on which a MarketD<strong>is</strong>ruption Ev<strong>en</strong>t has occurred; orwhere the rele<strong>van</strong>t In<strong>de</strong>x <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms asbeing a Multi-Exchange In<strong>de</strong>x, any Scheduled Trading Day onwhich (A) the In<strong>de</strong>x Sponsor fails to publ<strong>is</strong>h the level of the In<strong>de</strong>x(provi<strong>de</strong>d that such failure may instead constitute an In<strong>de</strong>xAdjustm<strong>en</strong>t Ev<strong>en</strong>t for the In<strong>de</strong>x, if so <strong>de</strong>termined by the CalculationAg<strong>en</strong>t in its sole and absolute d<strong>is</strong>cretion), (B) a rele<strong>van</strong>t Exchangeor any Related Exchange fails to op<strong>en</strong> for trading during its regulartrading session or (C) a Market D<strong>is</strong>ruption Ev<strong>en</strong>t has occurred.“Early Closure”means the closure on any Exchange Business Day of the Exchange inrespect of a Compon<strong>en</strong>t Security or Related Exchange prior to its ScheduledClosing Time unless such earlier closing <strong>is</strong> announced by such Exchange orRelated Exchange, as the case may be, at least one hour prior to the earlierof (i) the actual closing time for the trading session on such Exchange orRelated Exchange, as the case may be, on such Exchange Business Day and(ii) the subm<strong>is</strong>sion <strong>de</strong>adline for or<strong>de</strong>rs to be <strong>en</strong>tered into the rele<strong>van</strong>tExchange or Related Exchange system for execution at the rele<strong>van</strong>tValuation Time on such Exchange Business Day.135

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