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

(x)(xi)(xii)any material change or modification of the related Fund Documents or investment procedures(including but not limited to, the Reference Fund’s (i) strategy, (ii) investment guidelines, (iii)liquidity, where such a change in liquidity results in an increase in volatility, (iv) types ofinvestments in which the Reference Fund invests, their liquidity, term, credit risk anddiversification and (v) accounting currency), in each case as compared with those prevailingon the Issue Date that could reasonably be expected to affect the value of such Fund Interestor the rights or remedies of any holders thereof, in each case as determined by the CalculationAgent and as compared with those prevailing on the Issue Date (a “Fund Modification”);any event or circumstance that results or is likely to result in a Hypothetical Investor beingunable, or it being impractical, to purchase, redeem for cash, hold or transfer Fund InterestUnits, including but not limited to, the suspension by the Reference Fund of Fund InterestUnits subscriptions or redemptions and compulsory redemptions;a Hypothetical Investor is subject to new or more onerous restrictions on its ability tosubscribe for, transfer or redeem, Fund Interest Units (including but not limited to, theimposition of, or increase in, fees or charges in relation to redemptions, subscriptions ortransfers of Fund Interest Units) or a change in the voting rights attached to the Fund InterestUnits, in each case as compared with those (if any) applicable to the Hypothetical Investor onthe Issue Date;(xiii) a Hypothetical Investor is prevented, due to circumstances beyond its control, from remitting(i) subscription moneys and/or redemption proceeds in respect of the Fund Interest Units; or(ii) any payments relating to any over-the-counter derivative transaction(s) linked to the FundInterest Units (all of (xi) to (xiii) shall be termed a “Fund Hedging Disruption”);(xiv)a Hedging Party would incur:(A)(B)a materially increased (as compared with circumstances existing on the Issue Date)amount of tax, duty, expense or fee (other than brokerage commissions) to acquire,establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) orasset(s) it deems necessary to hedge the price risk relating to any Fund Interest Unitas a result of entering into and performing its obligations with respect to the issue of asecurity similar to the Notes, and any costs associated with unwinding any hedgepositions relating to a security similar to the Notes; andan increase in charges or fees imposed by the Reference Fund on any investor’sability to redeem Fund Interest Units, in whole or in part, or any existing or newinvestor’s ability to make new or additional investments in the Fund Interest Units(both of which shall be termed an “Increased Cost of Hedging”);(xv)on or after the Issue Date, due to the:(A)(B)adoption of or any change in any applicable law or regulation (including, withoutlimitation, any tax law); orpromulgation of or any change in the interpretation by any court, tribunal orregulatory authority with competent jurisdiction of any applicable law or regulation(including any action taken by a taxing authority),the Calculation Agent determines that (a) it has become illegal to hold, acquire or dispose ofFund Interests or (b) the Issuer will incur a materially increased cost in performing itsobligations under the Notes (including, without limitation, due to any adverse effect on its taxposition) (a “Change in Law”);165