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

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Failure to Pay with respect to such Failure to Pay occurs on or prior to theScheduled Maturity Date; (c) the Repudiation/Moratorium Evaluation Date if(i) the Cre<strong>dit</strong> Ev<strong>en</strong>t that <strong>is</strong> the subject of the Cre<strong>dit</strong> Ev<strong>en</strong>t Notice <strong>is</strong> aRepudiation/Moratorium that occurs after the Scheduled Maturity Date, (ii)the Pot<strong>en</strong>tial Repudiation/Moratorium with respect to such Repudiation/Moratorium occurs on or prior to the Scheduled Maturity Date and (iii) theRepudiation/Moratorium Ext<strong>en</strong>sion Con<strong>dit</strong>ion <strong>is</strong> sat<strong>is</strong>fied; or (d) thePostponed Maturity Date if the Maturity Date <strong>is</strong> postponed pursuant toCon<strong>dit</strong>ion 10(f).“Notice of PubliclyAvailable Information”“Obligation”means an irrevocable notice from the Calculation Ag<strong>en</strong>t (which may be bytelephone) to the Issuer (which the Calculation Ag<strong>en</strong>t has the right but not theobligation to <strong>de</strong>liver) that cites Publicly Available Information confirmingthe occurr<strong>en</strong>ce of the Cre<strong>dit</strong> Ev<strong>en</strong>t or Pot<strong>en</strong>tial Repudiation/Moratorium, asapplicable, <strong>de</strong>scribed in the Cre<strong>dit</strong> Ev<strong>en</strong>t Notice or Repudiation/MoratoriumExt<strong>en</strong>sion Notice. In relation to a Repudiation/Moratorium Cre<strong>dit</strong> Ev<strong>en</strong>t, theNotice of Publicly Available Information must cite Publicly AvailableInformation confirming the occurr<strong>en</strong>ce of both paragraphs (i) and (ii) of the<strong>de</strong>finition of “Repudiation/Moratorium”. The notice giv<strong>en</strong> must contain acopy or <strong>de</strong>scription in reasonable <strong>de</strong>tail of the rele<strong>van</strong>t Publicly AvailableInformation. If Notice of Publicly Available Information <strong>is</strong> specified asapplicable in the rele<strong>van</strong>t Final Terms and a Cre<strong>dit</strong> Ev<strong>en</strong>t Notice orRepudiation/Moratorium Ext<strong>en</strong>sion Notice, as applicable, contains PubliclyAvailable Information, such Cre<strong>dit</strong> Ev<strong>en</strong>t Notice or Repudiation/MoratoriumExt<strong>en</strong>sion Notice will also be <strong>de</strong>emed to be a Notice of Publicly AvailableInformation. A Notice of Publicly Available Information shall be subject tothe requirem<strong>en</strong>ts regarding notices in Con<strong>dit</strong>ion 10(m).means:(i)(ii)(iii)any obligation of a Refer<strong>en</strong>ce Entity (either directly, as a provi<strong>de</strong>r ofa Qualifying Affiliate Guarantee or, if All Guarantees <strong>is</strong> specified asapplicable in the rele<strong>van</strong>t Final Terms, as provi<strong>de</strong>r of any QualifyingGuarantee) <strong>de</strong>termined pursuant to the method <strong>de</strong>scribed in “Methodfor Determining Obligations” below (but excluding any Exclu<strong>de</strong>dObligation);each Refer<strong>en</strong>ce Obligation specified in the rele<strong>van</strong>t Final Terms,unless specified as an Exclu<strong>de</strong>d Obligation; andany Ad<strong>dit</strong>ional Obligation of a Refer<strong>en</strong>ce Entity specified as such inthe rele<strong>van</strong>t Final Terms.(1) “Loan” means any obligation of a type inclu<strong>de</strong>d in the“Borrowed Money” Obligation Category that <strong>is</strong> docum<strong>en</strong>tedby a term loan agreem<strong>en</strong>t, revolving loan agreem<strong>en</strong>t or othersimilar cre<strong>dit</strong> agreem<strong>en</strong>t and shall not inclu<strong>de</strong> any other typeof Borrowed Money; and(2) “Bond or Loan” means any obligation that <strong>is</strong> either a Bondor a Loan.“Obligation Acceleration”means one or more Obligations in an aggregate amount of not less than the200

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