Österreichische Volksbanken-Aktiengesellschaft ... - Volksbank AG

The number of days in the Calculation Period divided by 360 (unless in the case of
the last Calculation Period the due date falls on the last day of the month of February
in which case the month of February shall not be considered to be lengthened
to a 30-day month).
(d) In the case of Actual/365 or Actual/Actual (ISDA) (see item 25 of the Final Terms):
The actual number of days in the Calculation Period divided by 365 (or, if any portion
of that Calculation Period falls in a leap year, the sum of (i) the actual number
of days in that portion of the Calculation Period falling in a leap year divided by
366 and (ii) the actual number of days in that portion of the Calculation Period not
falling in a leap year divided by 365).
(e) In the case of Actual/365 (Fixed) (see item 25 of the Final Terms):
The actual number of days in the Calculation Period divided by 365.
(f) In the case of Actual/360 (see item 25 of the Final Terms):
The actual number of days in the Calculation Period divided by 360.
(11) Binding declarations of the Calculation Agent. All certificates, communications, opinions,
determinations, calculations, quotations and decisions given, expressed, made or obtained
for the purposes of the provisions by the Calculation Agent shall (in the absence of
manifest error) be binding on the Issuer, the Principal Paying Agent, the Paying Agents,
the Calculation Agents and the Noteholders.
§ 4
(Redemption)
(1) Redemption on maturity date. Unless previously redeemed and cancelled, the Notes
shall be redeemed at their Redemption Amount (as defined below) on the maturity date
(see item 6 of the Final Terms) (the Maturity Date). The Notes are perpetual if they are
not redeemed at maturity. Notes with a Target Coupon (see item 20c of the Final Terms)
will, if on an Interest Payment Date the Target Coupon is reached, be redeemed on such
Interest Payment Date at par or at the Redemption Amount determined in the Final Terms
(item 29). If the Notes are only redeemed partially, the Notes to be redeemed will be selected
according to the provisions of the relevant Clearing System, to the extent existing.
(2) Redemption Amount. The Redemption Amount is determined according to the redemption
method selected in the Final Terms (items 13 and 29):
(a) In the case of "redemption at par", the Redemption Amount for each Note is par.
(b) In the case of "redemption at a percentage of par", the Redemption Amount will be
calculated for each Note according to the Final Terms (item 29).
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