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

change in the Reference Obligation’s CUSIP or ISIN number orother similar identifier will not, in and of itself, convert suchReference Obligation into a different Obligation.“Succession Event”“Successor”means an event such as a merger, de-merger, consolidation, amalgamation,transfer of assets or liabilities, spin off or other similar event in which oneentity succeeds to the obligations of another entity, whether by operation oflaw or pursuant to any agreement. Notwithstanding the foregoing,“Succession Event” shall not include an event in which the holders ofobligations of the Reference Entity exchange such obligations for theobligations of another entity, unless such exchange occurs in connection witha merger, demerger, consolidation, amalgamation, transfer of assets orliabilities, spin-off or other similar event.means:(i)in relation to a Reference Entity that is not a Sovereign, the entityor entities, if any, determined as set forth below:(A)(B)(C)(D)(E)if one entity directly or indirectly succeeds to 75 per cent.or more of the Relevant Obligations of the ReferenceEntity by way of a Succession Event, that entity will bethe sole Successor;if only one entity directly or indirectly succeeds to morethan 25 per cent. (but less than 75 per cent.) of theRelevant Obligations of the Reference Entity by way of aSuccession Event, and not more than 25 per cent. of theRelevant Obligations of the Reference Entity remain withthe Reference Entity, the entity that succeeds to more than25 per cent. of the Relevant Obligations will be the soleSuccessor;if more than one entity each directly or indirectly succeedto more than 25 per cent. of the Relevant Obligations ofthe Reference Entity by way of a Succession Event, andnot more than 25 per cent. of the Relevant Obligations ofthe Reference Entity remain with the Reference Entity, theentities that succeed to more than 25 per cent. of theRelevant Obligations will each be a Successor and theseTerms and Conditions and/or the relevant Final Terms willbe adjusted as provided below;if one or more entity each directly or indirectly succeed tomore than 25 per cent. of the Relevant Obligations of theReference Entity by way of a Succession Event, and morethan 25 per cent. of the Relevant Obligations of theReference Entity remain with the Reference Entity, eachsuch entity and the Reference Entity will each be aSuccessor and these Terms and Conditions and/or therelevant Final Terms will be adjusted as provided below;if one or more entities directly or indirectly succeed to a211