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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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“Assignable Loan”, “Cons<strong>en</strong>t Required Loan” or “DirectLoan Participation” <strong>is</strong> specified in the rele<strong>van</strong>t FinalTerms, the Final Terms shall be construed as though suchDeliverable Obligation Character<strong>is</strong>tic had be<strong>en</strong> specified asa Deliverable Obligation Character<strong>is</strong>tic only with respect toLoans and shall only be rele<strong>van</strong>t if Loans are covered bythe selected Deliverable Obligation Category;(3) if any of Paym<strong>en</strong>t, Borrowed Money, Loan, or Bond orLoan <strong>is</strong> specified as the Deliverable Obligation Categoryand more than one of Assignable Loan, Cons<strong>en</strong>t RequiredLoan and Direct Loan Participation are specified asDeliverable Obligation Character<strong>is</strong>tics, the DeliverableObligations may inclu<strong>de</strong> any Loan that sat<strong>is</strong>fies any one ofsuch Deliverable Obligation Character<strong>is</strong>tics specified andneed not sat<strong>is</strong>fy all such Deliverable ObligationCharacter<strong>is</strong>tics; and(4) in the ev<strong>en</strong>t that an Obligation or a Deliverable Obligation<strong>is</strong> a Qualifying Guarantee, the following will apply:(a) For purposes of the application of the ObligationCategory or the Deliverable Obligation Category, theQualifying Guarantee shall be <strong>de</strong>emed to be <strong>de</strong>scribedby the same category or categories as those that<strong>de</strong>scribe the Un<strong>de</strong>rlying Obligation.(b) For purposes of the application of the ObligationCharacter<strong>is</strong>tics or the Deliverable ObligationCharacter<strong>is</strong>tics, both the Qualifying Guarantee and theUn<strong>de</strong>rlying Obligation must sat<strong>is</strong>fy on the rele<strong>van</strong>tdate each of the applicable Obligation Character<strong>is</strong>ticsor the Deliverable Obligation Character<strong>is</strong>tics, if any,specified in the rele<strong>van</strong>t Final Terms from thefollowing l<strong>is</strong>t: Specified Curr<strong>en</strong>cy, Not SovereignL<strong>en</strong><strong>de</strong>r, Not Domestic Curr<strong>en</strong>cy and Not DomesticLaw. For these purposes, unless otherw<strong>is</strong>e specified inthe rele<strong>van</strong>t Final Terms, (A) the lawful curr<strong>en</strong>cy ofany of Canada, Japan, Switzerland, the UnitedKingdom or the United States of America or the euroshall not be a Domestic Curr<strong>en</strong>cy and (B) the laws ofEngland and the laws of the State of New York shallnot be a Domestic Law.(c) For purposes of the application of the ObligationCharacter<strong>is</strong>tics or the Deliverable ObligationCharacter<strong>is</strong>tics, only the Qualifying Guarantee mustsat<strong>is</strong>fy on the rele<strong>van</strong>t date the ObligationCharacter<strong>is</strong>tic or the Deliverable ObligationCharacter<strong>is</strong>tic of Not Subordinated, if specified in therele<strong>van</strong>t Final Terms.(d) For purposes of the application of the Obligation191

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