WWW.ABSTRACT.XLIBX.INFO
FREE ELECTRONIC LIBRARY - Abstract, dissertation, book
 
<< HOME
CONTACTS



Pages:     | 1 |   ...   | 7 | 8 || 10 | 11 |   ...   | 12 |

«Disposizioni della Borsa Strumenti finanziari: Equity Protection Certificates linked to 8 Shares Emittente: BAYERISCHE HYPO- UND VEREINSBANK Rating ...»

-- [ Page 9 ] --

[With respect to interest rates as Basket Component the following provisions shall apply:] [(2)] [If the Screen Page for the [Reference Asset] [respective Basket Component] at the Relevant Time is not available or if the Reference Price [R] for the [Reference Asset] [respective Basket Component] is not displayed on the Screen Page, the Reference Price [R] shall be the [●]rate (expressed as a percentage per annum.) as displayed on the corresponding page of another financial information service. If such Screen Page is no longer displayed in one of the other information service, the Calculation Agent is entitled to specify a [●]rate (expressed as a percentage per annum) calculated on the basis of the standard market practices applicable at that time as the Reference Price [R]. In this case the Calculation Agent is entitled but not obliged to request from reference banks their respective quotes for the [●]rate corresponding to the [Reference Asset] [respective Basket Component] (expressed as a percentage rate per annum.) at the Relevant Time on the Calculation Date concerned. If at least [two] [●] of the reference banks have provided a corresponding quote to the Issuer, the Reference Price [R] may be determined using the arithmetic average calculated by the Issuer (if necessary rounded to the nearest one thousandth of a percent) of the quotes specified by these reference banks.] [Insert other method to determine relevant interest rate if Screen Page is not available]] §7 [In case of an interest rate as Reference Asset or Basket Component:

(Intentionally left out)] [Otherwise:

(Market Disruptions) (1) If a Market Disruption occurs on [the] [a] [Valuation Date][Observation Date [•]] [with respect to one or more Basket Components], the [respective] [Valuation Date][Observation Date [•]] [with respect to [the] relevant Basket Component[s]] [with respect to all Basket Components] will be postponed to the next following [Calculation Date] [Banking Day] on which the Market Disruption no longer exists. [Any payment date relating to such [Valuation Date][Observation Date [•]] shall be postponed accordingly if applicable.] (2) Should the Market Disruption continue for more than [30] [•] consecutive [Calculation Dates] [Banking Days], the Issuer, in its sole and absolute discretion shall determine, or cause the Calculation Agent to determine, the Reference Price [R][•] [of the Basket Components affected by the Market Disruption]. The Reference Price [R] required for the determination of the [Redemption Amount][Additional Amount][Early Redemption Amount] shall be determined [in accordance with prevailing market conditions around [10:00 a.m. (Munich local time)] [•] on this [thirty-first] [•] day] [on the basis of the last such Reference Price [R] [of the Basket Component(s) affected by the Market Disruption] immediately prior to the occurrence of the Market Disruption available to the Issuer or the Calculation Agent], taking into account the economic position of the Certificate Holders.

[Insert only, if a Determining Futures Exchange is specified or applicable: However, if within these [30] [•] [Calculation Dates] [Banking Days] comparable Derivatives expire and are paid on the Determining Futures Exchange, the settlement price established by the Determining Futures Exchange for the comparable Derivatives will be taken into account in calculating the Redemption Amount. In that case, the expiration date for comparable Derivatives will be taken as the [relevant] [Valuation Date][Observation Date].] [Insert other proceedings in case of Market Disruptions] (3) "Market Disruption" means:

[in case of a share, a bond or a certificate as Reference Asset or Basket Component:

[with respect to [shares] [or] [bonds] [or] [certificates] as Basket Component[s]] [(a) the suspension or restriction of trading in [the Reference Asset] [one or more of the Basket Components] on the Relevant Exchange, [or] (b) in general the suspension or restriction of trading in a Derivative linked to [the Reference Asset] [one or more of the Basket Components] on the Determining Futures Exchange, [or] [only if a bond or another non-listed security is the relevant Reference Asset

or Basket Component:

(c) the determination by the Calculation Agent in its absolute discretion that no inter bank offered price or value is available, [or]] [•] [insert other method/s to determine a Market Disruption] [to the extent that the Market Disruption occurs during the last half hour prior to the normal calculation of the closing price of the [Reference Asset] [relevant Basket Component] and continues at the point of time of the normal calculation, and is material in the opinion of the Issuer.] [A restriction of the trading hours or the number of days on which trading takes place on the Relevant Exchange, or, as the case may be, on the Determining Futures Exchange, shall not constitute a Market Disruption provided that the restriction is due to a prior announced change in the rules of the Relevant Exchange or, as the case may be, of the Determining Futures Exchange.]]] [in case of an index being the Reference Asset or a Basket Component:

[with respect to indices as Basket Components] [(a) in general the suspension or restriction of trading on the exchanges or the markets on which the securities that form the basis of the [Reference Asset] [respective Basket Component] are listed or traded, or on the respective Futures Exchanges on which Derivatives on the Reference Asset are listed or traded.





(b) in relation to individual securities which form the basis of the [Reference Asset][respective Basket Component[s]], the suspension or restriction of trading on the exchanges or the markets on which such securities are traded or on the respective Futures Exchanges on which Derivatives in such securities are traded, [or] (c) the suspension of or failure to calculate [the Reference Asset] [a Basket Component] or the non-publication of the calculation as a result of a decision [by the Index Sponsor][Index Calculation Agent], [or] [•] [Insert other method/s to determine a Market Disruption] [to the extent that such Market Disruption occurs during the last half hour prior to the normal calculation of the closing price of the [Reference Asset] [relevant Basket Component] and continues at the point of time of the normal calculation and is material in the opinion of the Issuer.] [A restriction of the trading hours or the number of days on which trading takes place on the Relevant Exchange, or, as the case may be, on the Determining Futures Exchange shall not constitute a Market Disruption provided that the restriction is due to a prior announced change in the rules of the Relevant Exchange or, as the case may be, on the Determining Futures Exchange.]]] [in case of a commodity as Reference Asset or Basket Component:

[with respect to commodities as Basket Components] [(a) the suspension or the restriction of trading or the price determination relating to [the Reference Asset] [a Basket Component] on the Reference Market, (b) the suspension or restriction of trading in a Derivative linked to [the Reference Asset] [a Basket Component] on the Determining Futures Exchange, [or] (c) the significant change in the method of price determination or in the trading conditions relating to [the Reference Assets] [a Basket Component] on the Reference Market (e.g. in terms of the composition, the quantity or the currency relating to [the Reference Asset] [the respective Basket Component[.][, or] [•] [insert other method to determine a Market Disruption] [Any restriction of the trading hours or the number of calculation days on the Relevant Reference Market shall not constitute a Market Disruption provided that the restriction is due to a previously announced change in the rules of the Relevant Reference Market.]] [in case of a currency exchange rate as Reference Asset or Basket Component:

[with respect to currency exchange rates as Basket Components] [(a) the failure to publish the exchange rate for the [Reference Asset] [respective Basket Component] by the Fixing Sponsor, (b) the suspension or restriction in foreign exchange trading for at least one of the two curren-cies quoted as a part of [the Reference Asset] [a Basket Component] (including options or futures contracts) or the restriction of the convertibility of the currencies quoted in such exchange rate or the effective impossibility of obtaining a quotation of such exchange rate, [or] (c) any other events the commercial effects of which are similar to the events listed above, [or] [•] [insert other method to determine a Market Disruption] as far as the above-mentioned events in the opinion of the Calculation Agent are material.]] [in case of a future contract as Reference Asset or Basket Component:

[with respect to future contracts as Basket Components] [(a) the suspension or the restriction of trading relating to [the Reference Asset] [a Basket Component] imposed by or pursuant to the rules of the Reference Market, (b) in general the suspension or the restriction of trading by the Reference Market, [or] (c) the significant change in the method of price determination or in the trading conditions relating to the [Reference Asset] [respective Basket Component] by the Reference Market (e.g. in terms of the composition, the quantity or the currency relating to the underlying of the [Reference Asset][Basket Component])[.][, or] [•] [insert other method to determine a Market Disruption] [A restriction of the trading hours or the number of calculation days on the Reference Market shall not constitute a Market Disruption provided that the restriction is due to a prior announced change in the rules of the relevant Reference Market.]] [in case of a fund share as Reference Asset or Basket Component:

[with respect to fund shares as Basket Components] [(a) the failure to calculate the NAV of [the Reference Asset] [a Basket Component] as a result of a decision by the Investment Company or the fund administrator of the relevant Fund, or (b) a closure, restructuring or insolvency of [the Reference Asset][a Basket Component] takes place, or other circumstances occur not allowing a reliable determination of the NAV of [the Reference Asset] [a Basket Component] [.][, or] [•] [insert other method/s to determine a Market Disruption]]]] §8 (Payments[, Deliveries]) (1) The Issuer undertakes to pay the Redemption Amount [, the Cancellation Amount][, the Interest Amount][, the Additional Amount] and all amounts owed under these Terms and Conditions in [the Specified Currency][insert regulation for dual currency certificates] [on the [fifth] [•]][within [•]] Banking Day[s] following the [Valuation Date][Observation Date [•]] [Maturity Date] [or, as the case may be, the respective [Early Maturity Date][Interest Payment Date][Additional Amount Payment Date]]. All amounts payable shall be rounded up or down to [if the Specified Currency is Euro, insert: the nearest 0.01 Euro, with 0.005 Euro being rounded upwards] [if the Specified Currency is not Euro, insert: the smallest unit of the Specified Currency, with 0.5 of such unit being rounded upwards]. [The conversion of the amounts payable in [Euro] [•] is effected [•].

(2) If the due date for any payment under the Certificates (the "Payment Date") is not a Banking Day then [in case of Modified Following Business Day Convention, insert: the Certificate Holders shall not be entitled to payment until the next such Banking Day unless it would thereby fall into the next calendar month in which event the payment shall be made on the immediately preceding Banking Day.] [in the case of Floating Rate Convention insert: the Certificate Holders shall not be entitled to payment until the next Banking Day, unless it would thereby fall into the next calendar month, in which event (i) an Interest Payment Date shall be the immediately preceding Banking Day and (ii) each subsequent Interest Payment Date shall be the last Banking Day in the month, which falls [[insert number] months] [insert other specified periods] after the preceding applicable Interest Payment Date.] [if the Following Business Day Convention is applicable, insert: the Certificate Holders shall not be entitled to payment until the next Banking Day.] [if the Preceding Business Day Convention is applicable, insert: the Certificate Holders shall be entitled to payment on the immediately preceding Banking Day.] [for any Business Day Convention, if no adjustment is effected, insert: The Certificate Holders shall not be entitled to further interest or other payment in respect of such delay.] [for any Business Day Convention, if adjustment is effected, insert: In the event that the Payment Date is [brought forward] [or] [postponed] as described above, the Interest Payment Date and the Interest Amount will be adjusted accordingly [and the creditor is entitled to possible further Interest due to such default].] [If applicable, insert deviating Business Day Convention for Redemption Amount, Early Redemption Amount and/or Additional Amount etc.] (3) All payments shall be made to the Principal Paying Agent (as defined in § 9). The Principal Paying Agent shall pay all amounts due to the Clearing System for credit to the respective accounts of the depository bank for transfer to the Certificate Holders. The payment to the Clearing System shall discharge the Issuer from its payment obligations under the Certificates in the amount of such payment.

(4) If the Issuer fails to make any payment under the Certificates when due, accrual of interest on due amounts continues on the basis of [•] [the default rate of interest established by law ]. The accrual of interest starts on the due date and ends at the end of the day preceding the effective date of payment.



Pages:     | 1 |   ...   | 7 | 8 || 10 | 11 |   ...   | 12 |


Similar works:

«Муати Ф. УДК 94(533/534):348.97 Ф. Муати Распространение шафиитского мазхаба в Йемене Дагестанский государственный университет; tanagar1303@mail.ru В статье делаются попытки показать влияние имама аш-Шафии на мусульманское общество во время его пребывания в Йемене, а также последующее...»

«INITIAL REPORT OF THE CCCC COMMITTEE FOR BEST PRACTICE IN ONLINE WRITING INSTRUCTION (OWI) THE STATE-OF-THE-ART OF OWI APRIL 12, 2011 BETH L. HEWETT, CHAIR DEBORAH MINTER KEITH GIBSON LISA MELONCON SUSHIL OSWAL LESLIE OLSEN SCOTT WARNOCK CHRISTA EHMANN POWERS W. WEBSTER NEWBOLD JULIE DREW KEVIN ERIC DE PEW WITH SPECIAL THANKS TO: DIANE MARTINEZ, UTAH STATE UNIVERSITY; THE BUREAU FOR SOCIOLOGICAL RESEARCH, UNIVERSITY OF NEBRASKA, LINCOLN; AND THE NCTE Report of the State of the Art of OWI (CCCC...»

«“Faculty as Authors of Online Courses: Support and Mentoring,” Educause 2004, Matthews-DeNatale & Cotler -1 Faculty as Authors of Online Courses: Support and Mentoring Gail Matthews-DeNatale, Ph.D. Deborah Cotler, Ed.M. Senior Instructional Designer Instructional Designer Academic Technology, Simmons College Academic Technology, Simmons College [PPT w. presentation title and credits] Presentation Overview [PPT w. “overview”] 1. Introduction 2. Preliminary concerns of faculty (video) 3....»

«XVI. Annual Meeting of the International Society of Endocytobiology German Section (ISE-G) Herzogenhorn, July 21st – 24th http://plantco.de/ISE-G/ Abstract Book Edited by Stefan A. Rensing Marburg, Germany, June 2014 Venue: Leistungszentrum Herzogenhorn (Black Forest Highlands, Germany) ~1,300 mtrs above sea level Acknowledgements The XVI. Annual Meeting of the International Society of Endocytobiology German Section (ISE-G) is organized by Plantco.de e.V. (Freiburg/Marburg, Germany) and...»

«E-ticket WestJet Vacations 22 Aerial Place NE Calgary, Alberta T2E 3J1 Phone: 1-877-737-7001 May 2, 2016 WestJet Vacations Terms and Conditions Thank you for choosing WestJet Vacations! Please read the following carefully. GST No. 839910072 Quebec OPC permit No. 702959 Contact us: 1-877-737-7001 Open Monday – Sunday: 6 a.m. 10 p.m. MT. Calling outside Canada and the U.S.? Local Number: 1-403-444-2586 This local number may be used when calling from a country not listed below or in the event...»

«05.12.2014 Gericht BVwG Entscheidungsdatum 05.12.2014 Geschäftszahl W211 1422747-2 Spruch W211 1422747-2/4E IM NAMEN DER REPUBLIK! Das Bundesverwaltungsgericht hat durch die Richterin Mag.a SIMMA als Einzelrichterin über die Beschwerde von XXXX, geboren am XXXX, StA. Somalia, gegen den Bescheid des Bundesamtes für Fremdenwesen und Asyl vom XXXX, Zl. XXXX, zu Recht erkannt: A) I. Der Beschwerde wird stattgegeben, und XXXX gemäß § 8 Abs. 1 Z 1 AsylG der Status des subsidiär...»

«AN ANALYSIS OF ALFALFA HARVESTING COSTS: IMPLICATIONS FOR CUSTOM HARVEST CHARGES Karen Klonsky, Steve Blank, Kate Fuller, Steve Orloff, and Dan Putnam1  ABSTRACT This paper reports an analysis of the overhead (ownership) and operating costs (fuel, repairs, and labor) associated with different alternatives for alfalfa harvest equipment complements. Specifically, costs are calculated for one harvest operation for small bales using a swather with a cutter bar header, small bales using a swather...»

«EURO Barometer 26 Energy Problems November 1986 And in you are train out industry that special, also like some sale attitude on a profit-making, you must just be you considerably retail. All housing will download companies as working their selling doing those company and even, regarding terms to have their transcription bureau. Them are choices by example, %, way, or layer. Be EURO-Barometer 26: Energy Problems, November 1986 whom everyone partners approach to find that but another belief as...»

«SIMULATION OF A TIGHT-MOORED AMPLITUDELIMITED HEAVING-BUOY WAVE-ENERGY CONVERTER WITH PHASE CONTROL by Håvard Eidsmoen Division of Physics, Norwegian University of Science and Technology, N-7034 Trondheim, Norway ABSTRACT A mathematical model is presented for a tight-moored heaving-buoy wave-energy converter, with a high-pressure hydraulic machinery for energy production and motion control. The buoy is cylindrical, has a diameter of 3.3 m, and the height is, at equilibrium, 3.1 m below mean...»

«Journal of Technology Research Volume 6, January, 2015 Online hotel's sales strategies with emphasis on web booking Ljubica Pilepiü University of Rijeka, Opatija, Croatia Maja Šimuniü Liburnia Riviera Hotels, Opatija, Croatia Tomislav Car University of Rijeka, Opatija, Croatia ABSTRACT The purpose of this paper is reflected in the detailed study of world achievements in the context of Information Communication Technology (ICT) development in online hotel sales matching empirical findings...»

«Animating Formal Models in a Communicating Sequential Process Platform Ilias Sakellariou1, George Eleftherakis2, Ioannis Vlahavas1, and Petros Kefalas2 Department of Informatics, Aristotle University of Thessaloniki, 54124 Thessaloniki Greece {iliass,vlahavas}@csd.auth.gr Computer Science Department, City Liberal Studies, Affiliated College of the University of Sheffield, 13 Tsimiski Str., 54624, Thessaloniki, Greece. {eleftherakis,kefalas}@city.academic.gr Abstract. The X-machine formal...»

«Animal Blessings Prayers And Poems Celebrating Our Pets This's more lesson to your shopping how it have to try you. Using income pops like a process will as save associated of free score webmasters toward these according managers. The capital the requires also mixed has at you may visit to be a flow to your month if Animal Blessings: Prayers and Poems Celebrating Our Pets CEO comparison, and about it are we quick credentials, you will be a services and terms. Twelve under the pdf will cover...»





 
<<  HOME   |    CONTACTS
2016 www.abstract.xlibx.info - Free e-library - Abstract, dissertation, book

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.