DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung
DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung
DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung
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Terms and Conditions<br />
[Title of Notes]<br />
[Series Number]<br />
[ISIN]<br />
§ 1<br />
Form and Principal Amount<br />
(1) This Series of Notes (the "Notes") of <strong>DIE</strong> <strong>ERSTE</strong> <strong>österreichische</strong> <strong>Spar</strong>-<strong>Casse</strong><br />
Privatstiftung (the "Issuer") in the aggregate principal amount of [insert currency] (the<br />
"Specified Currency") [in case of tap issue insert: up to [EUR] [insert issue<br />
amount] (in words: up to [Euro] [insert issue amount in words])] [in case of single<br />
issue insert: aggregate principal amount (in words: [aggregate principal amount in<br />
words)] issued on [Insert issue date] (the "Issue Date") and is divided in<br />
denominations of [insert denominations] (the "Specified Denomination").<br />
(2) The Notes are represented by one or more changeable global notes (each a "Global<br />
Note") without interest coupons which shall be signed manually by authorised<br />
signatories of the Issuer and shall be authenticated by or on behalf of the Paying Agent.<br />
The Notes are made out to the holder of the Notes and the holders of the Notes (the<br />
"Noteholders") shall not have the right to request the issuance of effective Notes.<br />
(3) Each Global Note will be deposited with the Oesterreichische Kontrollbank<br />
Aktiengesellschaft as central securities depositary (the "Central Securities<br />
Depositary") until all obligations of the Issuer under the Notes have been satisfied. The<br />
Noteholders will receive co-ownership participations or rights in the respective Global<br />
Bond which are transferable in accordance with the general business conditions and<br />
provisions of the Central Securities Depositary and in accordance with applicable laws.<br />
§ 2<br />
Status<br />
The Notes constitute senior and unsecured obligations of the Issuer and rank pari passu<br />
without any preference among themselves and at least pari passu with all other senior and<br />
unsecured obligations of the Issuer, save for obligations which are preferred by applicable<br />
mandatory law.<br />
[In case of tap issues insert:<br />
§ 3<br />
Issue Price<br />
The Issue Price shall be initially [100%] [insert different percentage] of the Specified<br />
Denomination [, plus an issue surcharge in the amount of [insert issue surcharge]], which<br />
will be continuously adjusted according to market conditions.]<br />
[In case of issues other than tap issues insert:<br />
The Issue Price shall be [100%] [insert different percentage] of the Specified Denomination<br />
[, plus an issue surcharge in the amount of [insert issue surcharge]].]<br />
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