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

“Hedging Party”“HypotheticalInvestor”“RedemptionProceeds”“Reference Fund”“Removal Value”“ScheduledValuation Date”“TradingAgreement”“Valid Date”“Valuation Date”means, unless otherwise specified in the relevant Final Terms, the Issuer, any of itsAffiliates or agent or any special purpose vehicle.means a hypothetical or actual investor (as determined by the Calculation Agent inthe context of the relevant situation) in Fund Interests which is deemed to have thebenefits and obligations, as provided in the relevant Fund Documents, of an investorholding Fund Interests at the relevant time. The Hypothetical Investor may be deemedby the Calculation Agent to be resident or organised in any jurisdiction, and to be,without limitation, the Calculation Agent or any Hedging Party (as determined by theCalculation Agent in the context of the relevant situation).means, with respect to the relevant number of Fund Interest Units or amount of anyFund Interest, the redemption proceeds, as determined by the Calculation Agent, thatwould be paid by the related Reference Fund to a Hypothetical Investor who, as of therelevant time, redeems such amount of such Fund Interest; provided that (a) any suchproceeds that would be paid in property other than cash shall be valued by theCalculation Agent and (b) if the Hypothetical Investor would be entitled to electpayment of such redemption proceeds to be made either in the form of cash or otherproperty, the Hypothetical Investor shall be deemed to have elected cash payment,except as otherwise specified in the relevant Final Terms.means, in respect of a Fund Interest, unless otherwise specified in the relevant FinalTerms, the issuer of, or other legal arrangement giving rise to, the relevant FundInterest.means the Redemption Proceeds minus (i) all expenses and costs incurred by aHypothetical Investor in connection with (a) redemption of all Fund Interest Units inthe Affected Fund and (b) subscription for Fund Interest Units in the SuccessorReference Fund and (ii) a spread and cost of funding.means any original date that, but for the occurrence of an event causing a DisruptedDay, would have been a Valuation Date.means a trading agreement entered into between the Reference Fund, the CalculationAgent and the Fund Manager and/or Fund Adviser.means a Fund Business Day which the Calculation Agent determines is not aDisrupted Day and on which another Averaging Date does not or is not deemed tooccur.means each date specified as such in the relevant Final Terms.10. Credit Linked Notes(a)Redemption of Credit Linked NotesUnless previously redeemed or purchased and cancelled and subject as provided in this Condition 10,each Credit Linked Note will be redeemed by the Issuer on the Maturity Date by payment of the FinalRedemption Amount.172