Common use of PROHIBITION OF SALES TO UK RETAIL INVESTORS Clause in Contracts

PROHIBITION OF SALES TO UK RETAIL INVESTORS. The Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Covered Bonds which are the subject of the offering contemplated by the Base Prospectus as completed by the final terms in relation thereto to any retail investor in the United Kingdom. For the purposes of this provision:

PROHIBITION OF SALES TO UK RETAIL INVESTORS. The Each Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Covered Bonds Notes which are the subject of the offering contemplated by the Base Prospectus as completed by the final terms Final Terms in relation thereto to theretoto any retail investor in the United Kingdom. For the purposes of this provision: