Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex
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Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex
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good faith estimate of the Refer<strong>en</strong>ce Level as of the Valuation Timeon that eighth Scheduled Trading Day.“Observation Period”“Refer<strong>en</strong>ce Level”means the period specified as such in the rele<strong>van</strong>t Final Terms.means:(i)(ii)where the Notes are specified in the rele<strong>van</strong>t Final Terms to relate toa single In<strong>de</strong>x, an amount (which shall be <strong>de</strong>emed to be an amountof the Specified Curr<strong>en</strong>cy) equal to the official closing level of theIn<strong>de</strong>x publ<strong>is</strong>hed by the In<strong>de</strong>x Sponsor on the rele<strong>van</strong>t date, as<strong>de</strong>termined by the Calculation Ag<strong>en</strong>t (or, if a Valuation Time otherthan the Scheduled Closing Time <strong>is</strong> specified in the rele<strong>van</strong>t FinalTerms, the level of the In<strong>de</strong>x <strong>de</strong>termined by the Calculation Ag<strong>en</strong>t atsuch Valuation Time on the rele<strong>van</strong>t date) (or if, in the opinion ofthe Calculation Ag<strong>en</strong>t, no such official closing level (or, as the casemay be, level at the Valuation Time on the rele<strong>van</strong>t date, if aValuation Time <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms) can be<strong>de</strong>termined at such time, unless D<strong>is</strong>rupted Day <strong>is</strong> specified asapplicable in the rele<strong>van</strong>t Final Terms and the rele<strong>van</strong>t date <strong>is</strong> aD<strong>is</strong>rupted Day, the Calculation Ag<strong>en</strong>t’s good faith estimate of thevalue of the In<strong>de</strong>x as of the actual closing time of the Exchange onthe rele<strong>van</strong>t date (or the value of the In<strong>de</strong>x at the Valuation Time onthe rele<strong>van</strong>t date, if Valuation Time <strong>is</strong> specified in the rele<strong>van</strong>t FinalTerms)); andwhere the Notes are specified in the rele<strong>van</strong>t Final Terms to relate toa Basket of Indices, an amount (which shall be <strong>de</strong>emed to be anamount of the Specified Curr<strong>en</strong>cy) equal to the sum of the valuescalculated for each In<strong>de</strong>x as the official closing level of each In<strong>de</strong>xas publ<strong>is</strong>hed by the In<strong>de</strong>x Sponsor on the rele<strong>van</strong>t date, as<strong>de</strong>termined by the Calculation Ag<strong>en</strong>t (or, if a Valuation Time otherthan the Scheduled Closing Time <strong>is</strong> specified in the rele<strong>van</strong>t FinalTerms, the level of each In<strong>de</strong>x <strong>de</strong>termined by the Calculation Ag<strong>en</strong>tat such Valuation Time on the rele<strong>van</strong>t date) (or if, in the opinion ofthe Calculation Ag<strong>en</strong>t, no such official closing level (or level at theValuation Time on the rele<strong>van</strong>t date, if a Valuation Time <strong>is</strong> specifiedin the rele<strong>van</strong>t Final Terms) can be <strong>de</strong>termined at such time, unlessD<strong>is</strong>rupted Day <strong>is</strong> specified as applicable in the rele<strong>van</strong>t Final Termsand the rele<strong>van</strong>t date <strong>is</strong> a D<strong>is</strong>rupted Day, the Calculation Ag<strong>en</strong>t’sgood faith estimate of the value of the In<strong>de</strong>x as of the actual closingtime of the Exchange on the rele<strong>van</strong>t date (or the value of the In<strong>de</strong>xat the Valuation Time on the rele<strong>van</strong>t date, if Valuation Time <strong>is</strong>specified in the rele<strong>van</strong>t Final Terms)), multiplied by the rele<strong>van</strong>tMultiplier specified in the rele<strong>van</strong>t Final Terms.“Related Exchange”means, in relation to an In<strong>de</strong>x, each exchange or quotation system specifiedas such for such In<strong>de</strong>x in the rele<strong>van</strong>t Final Terms, any successor to suchexchange or quotation system or any substitute exchange or quotationsystem to which trading in futures or options contracts relating to such In<strong>de</strong>xhas temporarily relocated (provi<strong>de</strong>d that the Calculation Ag<strong>en</strong>t has<strong>de</strong>termined that there <strong>is</strong> comparable liqui<strong>dit</strong>y relative to the futures oroptions contracts relating to such In<strong>de</strong>x on such temporary substitute140