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

Entity consolidates or amalgamates with, or merges into, or transfers all orsubstantially all of its assets to, a Reference Entity or the Issuer, asapplicable, or the Issuer and a Reference Entity become Affiliates.“Method for DeterminingObligations”For the purposes of paragraph (i) of this definition of “Obligation”, the term“Obligation” may be defined as each obligation of each Reference Entitydescribed by the Obligation Category specified in the relevant Final Terms,and having each of the Obligation Characteristics (if any) specified in therelevant Final Terms, in each case, as of the date of the event whichconstitutes the Credit Event which is the subject of the Credit Event Notice.The following terms shall have the following meanings:(A)“Obligation Category” means Payment, Borrowed Money,Reference Obligations Only, Bond, Loan, or Bond or Loan, only oneof which shall be specified in the relevant Final Terms, where:(1) “Payment” means any obligation (whether present or future,contingent or otherwise) for the payment or repayment ofmoney, including, without limitation, Borrowed Money;(2) “Borrowed Money” means any obligation (excluding anobligation under a revolving credit arrangement for whichthere are no outstanding unpaid drawings in respect ofprincipal) for the payment or repayment of borrowed money(which term shall include, without limitation, deposits andreimbursement obligations arising from drawings pursuantto letters of credit);(3) “Reference Obligations Only” means any obligation that isa Reference Obligation and no Obligation Characteristicsshall be applicable to Reference Obligations Only;(4) “Bond” means any obligation of a type included in the“Borrowed Money” Obligation Category that is in the formof, or represented by, a bond, note (other than notesdelivered pursuant to Loans), certificated debt security orother debt security and shall not include any other type ofBorrowed Money;(5) “Loan” means any obligation of a type included in the“Borrowed Money” Obligation Category that is documentedby a term loan agreement, revolving loan agreement or othersimilar credit agreement and shall not include any other typeof Borrowed Money; and(6) “Bond or Loan” means any obligation that is either a Bondor a Loan.(B)“Obligation Characteristics” means any one or more of NotSubordinated, Specified Currency, Not Sovereign Lender, NotDomestic Currency, Not Domestic Law, Listed and Not DomesticIssuance specified in the relevant Final Terms, where:197