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Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

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occurr<strong>en</strong>ce of a D<strong>is</strong>rupted Day shall be the Scheduled Observation Date, andthe Observation Date for each Equity affected by the occurr<strong>en</strong>ce of aD<strong>is</strong>rupted Day (each an “Affected Equity”) shall be the first succeedingScheduled Trading Day that <strong>is</strong> not a D<strong>is</strong>rupted Day relating to the AffectedEquity unless each of the eight Scheduled Trading Days immediatelyfollowing the Scheduled Observation Date <strong>is</strong> a D<strong>is</strong>rupted Day relating to theAffected Equity. In that case, (i) the eighth Scheduled Trading Day shall be<strong>de</strong>emed to be the Observation Date for the Affected Equity, notwithstandingthe fact that such day <strong>is</strong> a D<strong>is</strong>rupted Day and (ii) the Calculation Ag<strong>en</strong>t shall,where practicable, <strong>de</strong>termine the Refer<strong>en</strong>ce Price in the manner set out in therele<strong>van</strong>t Final Terms or, if not set out or if not so practicable, <strong>de</strong>termine theRefer<strong>en</strong>ce Price in accordance with its good faith estimate of the Refer<strong>en</strong>cePrice as of the Valuation Time on that eighth Scheduled Trading Day.“ObservationPeriod”“Pot<strong>en</strong>tialAdjustm<strong>en</strong>t Ev<strong>en</strong>t”means the period specified as such in the rele<strong>van</strong>t Final Terms.means any of the following:(i)a subdiv<strong>is</strong>ion, consolidation or reclassification of rele<strong>van</strong>t Equities (unlessresulting in a Merger Ev<strong>en</strong>t), or a free d<strong>is</strong>tribution or divi<strong>de</strong>nd of any suchEquities to ex<strong>is</strong>ting hol<strong>de</strong>rs by way of bonus, capital<strong>is</strong>ation or similar <strong>is</strong>sue;(ii)(iii)(iv)(v)(vi)a d<strong>is</strong>tribution, <strong>is</strong>sue or divi<strong>de</strong>nd to ex<strong>is</strong>ting hol<strong>de</strong>rs of the rele<strong>van</strong>t Equitiesspecified in the rele<strong>van</strong>t Final Terms of (i) such Equities, (ii) other sharecapital or securities granting the right to paym<strong>en</strong>t of divi<strong>de</strong>nds and/or theproceeds of liquidation of an Equity Issuer equally or proportionately withsuch paym<strong>en</strong>ts to hol<strong>de</strong>rs of such Equities, (iii) share capital or othersecurities of another <strong>is</strong>suer acquired or owned (directly or indirectly) by theEquity Issuer as a result of a spin-off or other similar transaction or (iv) anyother type of securities, rights or warrants or other assets, in any case forpaym<strong>en</strong>t (cash or other consi<strong>de</strong>ration) at less than the prevailing market priceas <strong>de</strong>termined by the Calculation Ag<strong>en</strong>t;an extraordinary divi<strong>de</strong>nd (<strong>de</strong>termined by the Calculation Ag<strong>en</strong>t, in its soleand absolute d<strong>is</strong>cretion, whether such divi<strong>de</strong>nd <strong>is</strong> extraordinary);a call by an Equity Issuer in respect of rele<strong>van</strong>t Equities that are not fullypaid;a repurchase by an Equity Issuer or any of its subsidiaries of rele<strong>van</strong>t Equitieswhether out of profits or capital and whether the consi<strong>de</strong>ration for suchrepurchase <strong>is</strong> cash, securities or otherw<strong>is</strong>e; orin respect of an Equity Issuer, an ev<strong>en</strong>t that results in any sharehol<strong>de</strong>r rightsbeing d<strong>is</strong>tributed or becoming separated from shares of common stock orother shares of the capital stock of such Equity Issuer, pursuant to asharehol<strong>de</strong>r rights plan or arrangem<strong>en</strong>t directed against hostile takeovers thatprovi<strong>de</strong>s upon the occurr<strong>en</strong>ce of certain ev<strong>en</strong>ts for a d<strong>is</strong>tribution of preferredstock, warrants, <strong>de</strong>bt instrum<strong>en</strong>ts or stock rights at a price below their marketvalue as <strong>de</strong>termined by the Calculation Ag<strong>en</strong>t, provi<strong>de</strong>d that any adjustm<strong>en</strong>teffected as a result of such an ev<strong>en</strong>t shall be readjusted upon any re<strong>de</strong>mptionof such rights; and159

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