Österreichische Volksbanken-Aktiengesellschaft ... - Volksbank AG

(2) References.
New Issuer has its domicile or tax residence all amounts required for the performance
of the payment obligations arising from or in connection with the Warrants.
(a) in the event of a substitution pursuant to § 16 para 1, any reference in these Conditions
to the Issuer shall be a reference to the New Issuer and any reference to the
Republic of Austria shall be a reference to the New Issuer's country of domicile for
tax purposes.
(b) In § 11 para 4 and § 13, if such reference would be missing as a result of the foregoing
paragraph, an alternative reference to the Republic of Austria shall be
deemed to have been included in addition to the reference according to the preceding
sentence to the New Issuer's country of domicile for tax purposes.
(3) Notice and effectiveness of substitution. Notice of any substitution of the Issuer shall be
given by publication in accordance with § 17. Upon such publication, the substitution
shall become effective, and the Issuer, and in the event of a repeated application of this §
16, any previous new Issuer, shall be discharged from any and all obligations under the
Warrants. In the case of such substitution, the exchange(s), if any, on which the Warrants
are then listed will be notified and a supplement to the Prospectus describing the new Issuer
will be prepared.
§ 17
(Notices)
(1) Notices. All Notices relating to the Warrants will be deemed to be validly given when
effected as determined in the Final Terms (item 35). The Issuer shall ensure that all notices
are duly and to the extent legally required published and in compliance with the requirements
of the relevant authorities of each stock exchange on which the Warrants are
listed. Publications relating to Warrants which are mandatorily required to be published in
a newspaper in Austria will be published in the "Amtsblatt zur Wiener Zeitung", publications
relating to Warrants which are mandatorily required to be published in a newspaper
in Germany will be published in the "Frankfurter Allgemeine Zeitung", unless in each
case another newspaper is specified in the Final Terms (item 35), and publications regarding
Warrants which are not mandatorily required to be published in a newspaper are
valid if they may be retrieved from the website determined in the Final Terms (item 35)
or if they are forwarded to the respective Warrantholder directly or via the account holding
entity.Any notice so given will be deemed to have been validly given on the date of
its initial publication.
(2) Notice to the Clearing System. Until such date, where definite notes will be issued, the
Issuer has the right to substitute a newspaper publication according to § 17 para 1 by delivering
the relevant notice to the Clearing System for communication by the Clearing
System to the Warrantholders, provided that, so long as any Warrants are listed on any
stock exchange, the rules of such stock exchange permit such form of notice. Any such
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