06.01.2013 Views

DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung

DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung

DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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 />

Page 35

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!