Common use of MiFID Product Governance Rules Clause in Contracts

MiFID Product Governance Rules. Solely for the purposes of the requirements of Article 9(8) of the MiFID Product Governance rules under EU Delegated Directive 2017/593 (the “Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the Product Governance Rules: (a) [•] (each a “Manufacturer” and together “the Manufacturers”) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon it under the Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Securities and the related information set out in the Prospectus Supplement in connection with the Securities; and (b) The Issuer and [•] note the application of the Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus Supplement in connection with the Securities.

MiFID Product Governance Rules. Solely for the purposes of the requirements of Article 9(8) of the MiFID MIFID Product Governance rules under EU Delegated Directive 2017/593 (the “Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the Product Governance Rules: (ai) [•] each of Daiwa Capital Markets Europe Limited, Barclays Bank PLC, and Xxxxxxx Xxxxx International (each a “Manufacturer” and together the “the Manufacturers”) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon it under the Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Securities and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement; and (bii) The the Issuer and [•] Mizuho Securities USA LLC note the application of the Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement.

MiFID Product Governance Rules. Solely for the purposes of the requirements of Article 9(8) of the MiFID MIFID Product Governance rules under EU Delegated Directive 2017/593 (the “Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the Product Governance Rules: (ai) [•] each of Barclays Bank PLC, Daiwa Capital Markets Europe Limited, Xxxxxxx Xxxxx International and X.X. Xxxxxx Securities plc (each a “Manufacturer” and together the “the Manufacturers”) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon it under the Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Securities and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement; and (bii) The the Issuer and [•] note notes the application of the Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement.

MiFID Product Governance Rules. Solely for the purposes of the requirements of Article 9(8) of the MiFID MIFID Product Governance rules under EU Delegated Directive 2017/593 (the “Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the Product Governance Rules: (ai) [•] each of Citigroup Global Markets Limited, Daiwa Capital Markets Europe Limited, Xxxxxxx Sachs International and X.X. Xxxxxx Securities plc (each a “Manufacturer” and together the “the Manufacturers”) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon it under the Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Securities and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement; and (bii) The the Issuer and [•] note notes the application of the Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement.

MiFID Product Governance Rules. Solely for the purposes of the requirements of Article 9(8) of the MiFID MIFID Product Governance rules under EU Delegated Directive 2017/593 (the “Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the Product Governance Rules: (ai) [•] each of Xxxxxxx Xxxxx International, Barclays Bank PLC, and Xxxxxx Xxxxxxx & Co. International plc (each a “Manufacturer” and together the “the Manufacturers”) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon it under the Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Securities and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement; and (bii) The the Issuer and [•] Nomura International plc note the application of the Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus Supplement in connection with the SecuritiesSupplement.