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

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Derivatives Definitions.Upon the Calculation Ag<strong>en</strong>t making such adjustm<strong>en</strong>t, the Issuer shall giv<strong>en</strong>otice as soon as practicable to Notehol<strong>de</strong>rs in accordance with Con<strong>dit</strong>ion 19,stating the adjustm<strong>en</strong>t to the Terms and Con<strong>dit</strong>ions and/or the rele<strong>van</strong>t FinalTerms and giving brief <strong>de</strong>tails of the rele<strong>van</strong>t Succession Ev<strong>en</strong>t.For the purposes of th<strong>is</strong> <strong>de</strong>finition of “Successor”, “succeed” means, withrespect to a Refer<strong>en</strong>ce Entity and its Rele<strong>van</strong>t Obligations (or, as applicable,obligations), that a party other than such Refer<strong>en</strong>ce Entity (i) assumes orbecomes liable for such Rele<strong>van</strong>t Obligations (or, as applicable, obligations)whether by operation of law or pursuant to any agreem<strong>en</strong>t or (ii) <strong>is</strong>suesBonds that are exchanged for Rele<strong>van</strong>t Obligations (or, as applicable,obligations), and in either case such Refer<strong>en</strong>ce Entity <strong>is</strong> no longer an obligor(primarily or secondarily) or guarantor with respect to such Rele<strong>van</strong>tObligations (or, as applicable, obligations). The <strong>de</strong>terminations requiredpursuant to paragraph (i) of th<strong>is</strong> <strong>de</strong>finition of “Successor” shall be ma<strong>de</strong>, inthe case of an exchange offer, on the bas<strong>is</strong> of the Outstanding PrincipalBalance of Rele<strong>van</strong>t Obligations t<strong>en</strong><strong>de</strong>red and accepted in the exchange andnot on the bas<strong>is</strong> of the Outstanding Principal Balance of Bonds for whichRele<strong>van</strong>t Obligations have be<strong>en</strong> exchanged.Where:(i)(ii)(iii)a Refer<strong>en</strong>ce Obligation <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms;one or more Successors to the Refer<strong>en</strong>ce Entity have be<strong>en</strong>i<strong>de</strong>ntified; andany one or more such Successors have not assumed the Refer<strong>en</strong>ceObligation,a Substitute Refer<strong>en</strong>ce Obligation will be <strong>de</strong>termined in accordance with the<strong>de</strong>finition of “Substitute Refer<strong>en</strong>ce Obligation” above.“SupranationalOrgan<strong>is</strong>ation”“Tra<strong>de</strong> Date”“Un<strong>de</strong>liverable Obligation”“Unwind Costs”means any <strong>en</strong>tity or organ<strong>is</strong>ation establ<strong>is</strong>hed by treaty or other arrangem<strong>en</strong>tbetwe<strong>en</strong> two or more Sovereigns or the Sovereign Ag<strong>en</strong>cies of two or moreSovereigns, and inclu<strong>de</strong>s, without limiting the foregoing, the InternationalMonetary Fund, European C<strong>en</strong>tral Bank, International Bank forReconstruction and Developm<strong>en</strong>t and the European Bank for Reconstructionand Developm<strong>en</strong>t.means the date specified as such in the rele<strong>van</strong>t Final Terms.means a Deliverable Obligation inclu<strong>de</strong>d in the Asset Amount which, on theSettlem<strong>en</strong>t Date for such Deliverable Obligation, the Calculation Ag<strong>en</strong>t<strong>de</strong>termines for any reason (including, without limitation, failure of therele<strong>van</strong>t clearance system or due to any law, regulation, court or<strong>de</strong>r ormarket con<strong>dit</strong>ions or the non-receipt of any requ<strong>is</strong>ite cons<strong>en</strong>ts with respectto the Delivery of Loans) it <strong>is</strong> impossible or illegal to Deliver on theSettlem<strong>en</strong>t Date.means the amount specified in the rele<strong>van</strong>t Final Terms or, if “Standard213

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