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

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12. TaxationAll paym<strong>en</strong>ts of principal and interest in respect of the Notes, Receipts, Coupons and Talons shall bema<strong>de</strong> free and clear of, and without withholding or <strong>de</strong>duction for, any taxes, duties, assessm<strong>en</strong>ts orgovernm<strong>en</strong>tal charges of whatever nature imposed, levied, collected, withheld or assessed by orwithin the Netherlands (or any other rele<strong>van</strong>t business jur<strong>is</strong>diction of the Issuer) or any authoritytherein or thereof having power to tax, unless such withholding or <strong>de</strong>duction <strong>is</strong> required by law. Inthat ev<strong>en</strong>t, the Issuer shall pay such ad<strong>dit</strong>ional amounts as shall result in receipt by the Notehol<strong>de</strong>rs,the Receipthol<strong>de</strong>rs and the Couponhol<strong>de</strong>rs of such amounts as would have be<strong>en</strong> received by them hadno such withholding or <strong>de</strong>duction be<strong>en</strong> required, except that no such ad<strong>dit</strong>ional amounts shall bepayable with respect to any Note, Receipt or Coupon pres<strong>en</strong>ted for paym<strong>en</strong>t:(i)(ii)(iii)(iv)(v)(vi)(vii)(viii)in the Netherlands by or on behalf of a Hol<strong>de</strong>r who <strong>is</strong> liable to such taxes, duties, assessm<strong>en</strong>tsor governm<strong>en</strong>tal charges of whatever nature imposed, levied, collected, withheld or assessedby or within the Netherlands in respect of such Note by reason of such Hol<strong>de</strong>r having someconnection with the Netherlands other than by reason only of holding such Note or the receiptof the rele<strong>van</strong>t paym<strong>en</strong>t in respect thereof;in a rele<strong>van</strong>t business jur<strong>is</strong>diction of the Issuer (wherein and whereof the Issuer <strong>is</strong> obliged towithhold tax) by or on behalf of a Hol<strong>de</strong>r who <strong>is</strong> liable to such taxes, duties, assessm<strong>en</strong>ts orgovernm<strong>en</strong>tal charges of whatever nature imposed, levied, collected, withheld or assessed byor within such rele<strong>van</strong>t business jur<strong>is</strong>diction in respect of such Note by reason of such Hol<strong>de</strong>rhaving some connection with that rele<strong>van</strong>t business jur<strong>is</strong>diction of the Issuer other than byreason only of holding such Note or the receipt of the rele<strong>van</strong>t paym<strong>en</strong>t in respect thereof;by or on behalf of a Hol<strong>de</strong>r thereof who <strong>is</strong> liable to such taxes or duties in respect of suchNote, Receipt or Coupon by reason of such Hol<strong>de</strong>r having some connection with theNetherlands other than by reason only of the holding of such Note, Receipt or Coupon or thereceipt of the rele<strong>van</strong>t paym<strong>en</strong>t in respect thereof;by or on behalf of a Hol<strong>de</strong>r who could lawfully avoid (but has not so avoi<strong>de</strong>d) such <strong>de</strong>ductionor withholding by complying or procuring that any third party complies with any statutoryrequirem<strong>en</strong>ts or by making or procuring that a third party makes a <strong>de</strong>claration of nonresi<strong>de</strong>nceor other similar claim for exemption to any tax authority in the place where therele<strong>van</strong>t Note, Receipt or Coupon <strong>is</strong> pres<strong>en</strong>ted for paym<strong>en</strong>t;where such <strong>de</strong>duction or withholding <strong>is</strong> imposed on a paym<strong>en</strong>t to an individual and <strong>is</strong> requiredto be ma<strong>de</strong> pursuant to the European Council Directive 2003/48/EC or any law implem<strong>en</strong>tingor complying with, or introduced in or<strong>de</strong>r to conform to, such m<strong>en</strong>tioned Directive;(except in the case of Reg<strong>is</strong>tered Notes) by or on behalf of a Hol<strong>de</strong>r who would have be<strong>en</strong>able to avoid such withholding or <strong>de</strong>duction by pres<strong>en</strong>ting the rele<strong>van</strong>t Note, Receipt, Couponor Talon to another Paying Ag<strong>en</strong>t in a Member State, not obliged to withhold or <strong>de</strong>duct taxpursuant to the EC Directive as m<strong>en</strong>tioned un<strong>de</strong>r paragraph (v);more than 30 days after the Rele<strong>van</strong>t Date except to the ext<strong>en</strong>t that the Hol<strong>de</strong>r thereof wouldhave be<strong>en</strong> <strong>en</strong>titled to such ad<strong>dit</strong>ional amounts on pres<strong>en</strong>ting the same for paym<strong>en</strong>t on theexpiry of such period of 30 days; orif it <strong>is</strong> provi<strong>de</strong>d in the rele<strong>van</strong>t Final Terms that the Notes are “Domestic Notes” for thepurpose of th<strong>is</strong> Con<strong>dit</strong>ion.221

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