10.07.2015 Views

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Exchange fails to op<strong>en</strong> for trading during its regular trading session or on which aMarket D<strong>is</strong>ruption Ev<strong>en</strong>t has occurred.“D<strong>is</strong>ruption CashSettlem<strong>en</strong>t Price”“DR Am<strong>en</strong>dm<strong>en</strong>t”“Early Closure”“Equity” or“Equities”“Equity Issuer”“Exchange”“Exchange BusinessDay”“ExchangeD<strong>is</strong>ruption”means an amount equal to the market value of the rele<strong>van</strong>t Note (but not taking intoaccount any interest accrued on such Note as such interest shall be paid pursuant toTerms and Con<strong>dit</strong>ions 4 and 8) on such day as shall be selected by the Issuer in itssole and absolute d<strong>is</strong>cretion provi<strong>de</strong>d that such day <strong>is</strong> not more than 15 days beforethe date on which the Election Notice <strong>is</strong> giv<strong>en</strong> as provi<strong>de</strong>d above adjusted to takeaccount fully for any losses, exp<strong>en</strong>ses and costs to the Issuer and/or any Affiliate ofunwinding or adjusting any un<strong>de</strong>rlying or related hedging arrangem<strong>en</strong>ts (includingbut not limited to any options or selling or otherw<strong>is</strong>e real<strong>is</strong>ing any Rele<strong>van</strong>t Asset orother instrum<strong>en</strong>ts of any type whatsoever which the Issuer and/or any of its Affiliatesmay hold as part of such hedging arrangem<strong>en</strong>ts), all as calculated by the CalculationAg<strong>en</strong>t in its sole and absolute d<strong>is</strong>cretion.means, in respect of the <strong>de</strong>finitions of Merger Ev<strong>en</strong>t, T<strong>en</strong><strong>de</strong>r Offer, National<strong>is</strong>ation,Insolv<strong>en</strong>cy, Del<strong>is</strong>ting, Insolv<strong>en</strong>cy Filing, Change in Law, any other Ad<strong>dit</strong>ionalD<strong>is</strong>ruption Ev<strong>en</strong>t specified as applicable in the rele<strong>van</strong>t Final Terms, ExchangeD<strong>is</strong>ruption, Market D<strong>is</strong>ruption Ev<strong>en</strong>t and Trading D<strong>is</strong>ruption, that the followingchanges shall be ma<strong>de</strong> to such <strong>de</strong>finition or prov<strong>is</strong>ion where provi<strong>de</strong>d for inCon<strong>dit</strong>ion 8: (a) all refer<strong>en</strong>ces to “Equities” shall be <strong>de</strong>leted and replaced with thewords “Equities and/or the Un<strong>de</strong>rlying Equities”; and (b) all refer<strong>en</strong>ces to “EquityIssuer” shall be <strong>de</strong>leted and replaced with the words “Equity Issuer or Un<strong>de</strong>rlyingEquity Issuer, as appropriate”.means the closure on any Exchange Business Day of the rele<strong>van</strong>t Exchange or anyRelated Exchange(s) prior to its Scheduled Closing Time unless such earlier closingtime <strong>is</strong> announced by such Exchange(s) or Related Exchange(s) at least one hourprior to the earlier of (i) the actual closing time for the regular trading session on suchExchange(s) or Related Exchange(s) on such Exchange Business Day and (ii) thesubm<strong>is</strong>sion <strong>de</strong>adline for or<strong>de</strong>rs to be <strong>en</strong>tered into the Exchange or Related Exchangesystem for execution at the Valuation Time on such Exchange Business Day.means the share(s) or other securities specified in the rele<strong>van</strong>t Final Terms.means, in respect of an Equity, the <strong>is</strong>suer of such Equity.means, in respect of an Equity, each exchange or quotation system specified as suchfor such Equity in the rele<strong>van</strong>t Final Terms, any successor to such exchange orquotation system or any substitute exchange or quotation system to which trading inthe Equity has 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 such Equity on suchtemporary substitute exchange or quotation system as on the original Exchange).means any Scheduled Trading Day on which each Exchange and each RelatedExchange are op<strong>en</strong> for trading during their respective regular trading sessions,notwithstanding any such Exchange or Related Exchange closing prior to itsScheduled Closing Time.means any ev<strong>en</strong>t (other than an Early Closure) that d<strong>is</strong>rupts or impairs (as <strong>de</strong>terminedby the Calculation Ag<strong>en</strong>t) the ability of market participants in g<strong>en</strong>eral (i) to effecttransactions in, or obtain market values for, the Equities on the Exchange, or (ii) to156

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!