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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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Notice, the rele<strong>van</strong>t Notehol<strong>de</strong>r may not transfer the Notes which are the subject of suchnotice.In the case of Notes repres<strong>en</strong>ted by a Global Note, upon receipt of such notice, Euroclear orClearstream, as the case may be, shall verify that the person specified therein as theNotehol<strong>de</strong>r <strong>is</strong> the hol<strong>de</strong>r of the specified nominal amount of Notes according to its books.Failure properly to complete and <strong>de</strong>liver an Asset Transfer Notice may result in such noticebeing treated as null and void. Any <strong>de</strong>termination as to whether such Asset Transfer Noticehas be<strong>en</strong> properly completed and <strong>de</strong>livered as provi<strong>de</strong>d in these Terms and Con<strong>dit</strong>ions shallbe ma<strong>de</strong>, in the case of Notes repres<strong>en</strong>ted by a Global Note, by Euroclear or Clearstream, asthe case may be, after consultation with the Issuer and shall be conclusive and binding on theIssuer and the rele<strong>van</strong>t Notehol<strong>de</strong>r and, in the case of Definitive Notes, by the rele<strong>van</strong>t PayingAg<strong>en</strong>t, after consultation with the Issuer, and shall be conclusive and binding on the Issuerand the rele<strong>van</strong>t Notehol<strong>de</strong>r.Delivery of the Deliverable Obligations compr<strong>is</strong>ing the Asset Amount in respect of each Noteshall be ma<strong>de</strong> at the r<strong>is</strong>k of the rele<strong>van</strong>t Notehol<strong>de</strong>r in such commercially reasonable manneras the Calculation Ag<strong>en</strong>t shall in its sole d<strong>is</strong>cretion <strong>de</strong>termine and notify to the person<strong>de</strong>signated by the Notehol<strong>de</strong>r in the rele<strong>van</strong>t Asset Transfer Notice or in such manner as <strong>is</strong>specified in the rele<strong>van</strong>t Final Terms.If a Notehol<strong>de</strong>r fails to give an Asset Transfer Notice as provi<strong>de</strong>d herein on or prior to theCut-off Date specified in the rele<strong>van</strong>t Final Terms, the Issuer will, subject as provi<strong>de</strong>d above,Deliver the Deliverable Obligations compr<strong>is</strong>ing the Asset Amount in respect of the rele<strong>van</strong>tNotes as soon as practicable after the receipt of the duly completed Asset Transfer Notice,provi<strong>de</strong>d that if, in respect of a Note, a Notehol<strong>de</strong>r fails to give an Asset Transfer Notice priorto the day falling 180 cal<strong>en</strong>dar days after the Cut-off Date, the Issuer’s obligations in respectof such Notes shall be d<strong>is</strong>charged and the Issuer shall have no liability in respect thereof.(ii)All Delivery Exp<strong>en</strong>ses ar<strong>is</strong>ing from the Delivery of the Deliverable Obligations compr<strong>is</strong>ingthe Asset Amounts in respect of such Notes shall be for the account of the rele<strong>van</strong>t Notehol<strong>de</strong>rand no Delivery of the Deliverable Obligations compr<strong>is</strong>ing the Asset Amount shall be ma<strong>de</strong>until all Delivery Exp<strong>en</strong>ses have be<strong>en</strong> paid to the sat<strong>is</strong>faction of the Issuer by the rele<strong>van</strong>tNotehol<strong>de</strong>r.After Delivery of the Deliverable Obligations compr<strong>is</strong>ing an Asset Amount and for theInterv<strong>en</strong>ing Period, none of the Issuer, the Calculation Ag<strong>en</strong>t nor any other person shall at anytime (i) be un<strong>de</strong>r any obligation to <strong>de</strong>liver or procure <strong>de</strong>livery to any Notehol<strong>de</strong>r any letter,certificate, notice, circular or any other docum<strong>en</strong>t or, except as provi<strong>de</strong>d herein, paym<strong>en</strong>twhatsoever received by that person in respect of the securities or obligations inclu<strong>de</strong>d in suchAsset Amount, (ii) be un<strong>de</strong>r any obligation to exerc<strong>is</strong>e or procure exerc<strong>is</strong>e of any or all rightsattaching to such securities or obligations inclu<strong>de</strong>d in such Asset Amount or (iii) be un<strong>de</strong>r anyliability to a Notehol<strong>de</strong>r in respect of any loss or damage which such Notehol<strong>de</strong>r may sustainor suffer as a result, whether directly or indirectly, of that person being reg<strong>is</strong>tered during suchInterv<strong>en</strong>ing Period as legal owner of such securities or obligations inclu<strong>de</strong>d in such AssetAmount.(iii)In relation to each Deliverable Obligation constituting an Asset Amount, the Issuer willDeliver or procure the Delivery of the rele<strong>van</strong>t Deliverable Obligation as provi<strong>de</strong>d below onthe Settlem<strong>en</strong>t Date provi<strong>de</strong>d that if all or some of the Deliverable Obligations inclu<strong>de</strong>d insuch Asset Amount are Un<strong>de</strong>liverable Obligations and/or Hedge D<strong>is</strong>ruption Obligations, th<strong>en</strong>the Issuer shall continue to attempt to Deliver all or a portion of such Un<strong>de</strong>liverable177

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