Common use of CONTRACTUAL TERMS Clause in Contracts

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 June 2017 [and the supplemental Prospectus[es] dated [ ]] (which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United Kingdom] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial Bank of Commerce and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus.

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 June September ●, 2017 [and the supplemental Prospectus[es] dated [ [date]] (( which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and (the “Prospectus Directive” which term includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”United Kingdom). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United KingdomDirective] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the ProspectusProspectus [as so supplemented]. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial National Bank of Commerce Canada and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus. (a) Issuer: National Bank of Canada Branch: [Head office of the Bank in Montréal] [London branch]

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 18 June 2017 2018 [and the supplemental Prospectus[es] dated [ ]] (which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United Kingdom] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial Bank of Commerce and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus. (i) Issuer: Canadian Imperial Bank of Commerce (ii) Branch: [Head office of the Bank in Toronto] [London branch] [Hong Kong branch] [Singapore branch] (iii) Guarantor: CIBC Covered Bond (Legislative) Guarantor Limited Partnership 2. (i) [Series Number:] [ ]

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 June 2017 9 July 2019 [and the supplemental Prospectus[es] dated [ [date]] (( which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and amended or superseded (the “Prospectus Directive” which term includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”United Kingdom). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United KingdomDirective] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the ProspectusProspectus [as so supplemented]. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial National Bank of Commerce Canada and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus.

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 21 June 2017 2016 [and the supplemental Prospectus[es] dated [ ]] (which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United Kingdom] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial Bank of Commerce and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus. (i) Issuer: Canadian Imperial Bank of Commerce (ii) Branch: [Head office of the Bank in Toronto] [London branch] [Hong Kong branch] [Singapore branch] (iii) Guarantor: CIBC Covered Bond (Legislative) Guarantor Limited Partnership 2. (i) [Series Number:] [ ]

CONTRACTUAL TERMS. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the “Conditions”) set forth in the Prospectus dated 20 June 2017 April 7, 2016 [and the supplemental Prospectus[es] dated [ [date]] (( which [together] constitute[s] [a base prospectus (the “Prospectus”) for the purposes of Directive 2003/71/EC, as MT DOCS 15283795 amended, including by Directive 2010/73/EU and (the “Prospectus Directive” which term includes any relevant implementing measures in a Relevant Member State (the “Prospectus Directive”United Kingdom). This document constitutes the Final Terms of the Covered Bonds described herein [for the purposes of Article 5.4 of the Prospectus Directive as implemented in the United KingdomDirective] and must be read in conjunction with such Prospectus [as so supplemented]. Full information on the Issuer and the offer of the Covered Bonds is only available on the basis of the combination of these Final Terms and the ProspectusProspectus [as so supplemented]. [The Prospectus [and the supplemental Prospectus[es]]], together with these Final Terms and all documents incorporated by reference therein, [is] [are] available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/exchange/news/market-news/market-news-home.html under the name Canadian Imperial National Bank of Commerce Canada and the headline “Publication of Prospectus” and copies may be obtained from the specified offices of the Issuer and the Issuing and Paying Agent, as set out at the end of this Prospectus. (a) Issuer: National Bank of Canada (b) Guarantor: NBC Covered Bond (Legislative) Guarantor Limited Partnership