Common use of SEVERAL SERIES Clause in Contracts

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 2022 between the Issuer, Stichting Security Trustee NIBC SB Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC SB Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of or one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The HagueAmsterdam) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Aegon Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 4 May 2022 2021 between the Issuer, Stichting Security Trustee NIBC Aegon SB Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC Aegon SB Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (dc) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (ed) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague's-Hertogenbosch) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Bank Van Lanschot Xxxxxx N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 9 March 2022 between the Issuer, Stichting Security Trustee NIBC SB Van Lanschot Xxxxxx XX Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC SB Van Lanschot Xxxxxx XX Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds Bondholders of one such Series and the holders of Covered Bonds Bondholders of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds Bondholders of one such Series and the holders of Covered Bonds Bondholders of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Achmea Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 2022 17 April 2024, as modified and/or supplemented and/or restated from time to time, between the Issuer, [Stichting Security Trustee NIBC Achmea SB Covered Bond Company II] (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC Achmea SB Covered Bond Company II B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of or one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Aegon Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 2022 [...] 2015 between the Issuer, Stichting Security Trustee NIBC SB Aegon Conditional Pass-Through Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC SB Aegon Conditional Pass-Through Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of or one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Achmea Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 2022 7 June 2021 between the Issuer, Stichting Security Trustee NIBC Achmea SB Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC Achmea SB Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of or one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (d) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (e) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Bank N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 2022 19 July 2013 as amended and restated from time to time between the Issuer, Stichting Security Trustee NIBC SB Conditional Pass-Through Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC SB Conditional Pass-Through Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.,

SEVERAL SERIES. The following provisions shall apply where outstanding Covered Bonds belong to more than one Series: (a) business which in the opinion of the Security Trustee affects the Covered Bonds of only one Series shall be transacted at a separate Meeting of the holders of the Covered Bonds of that Series; (b) to give any other authorisation or approval which under this Trust Deed or the Covered Bonds which is required to be given by Extraordinary Resolution; (c) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series but does not give rise to an actual or potential conflict of interest between the holder of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted either at separate Meetings of the holders of the Covered Bonds of each such Series or at a single Meeting of the holders of the Covered Bonds of all such Series, as the Security Trustee shall in its absolute discretion determine; (dc) business which in the opinion of the Security Trustee affects the Covered Bonds of more than one Series and gives rise to an actual or potential conflict of interest between the holders of Covered Bonds of one such Series and the holders of Covered Bonds of any other such Series shall be transacted at separate Meetings of the holders of the Covered Bonds of each such Series; and (ed) the preceding paragraphs of this Schedule shall be applied as if references to the Covered Bonds and Covered Bondholders were to the Covered Bonds of the relevant Series and to the holders of such Covered Bonds. In this paragraph, "business" includes (without limitation) the passing or rejection of any resolution. (incorporated with limited liability under the laws of the Netherlands and having its corporate seat in The Hague's-Hertogenbosch) [currency][amount][type] Covered Bonds due [●] ISIN: This Covered Bond is one of a series of duly authorised Covered Bonds (the "Covered Bonds") in the denomination of €[100,000] and in the aggregate principal amount of [€ ] issued by NIBC Bank Xxx Xxxxxxxx Xxxxxx N.V. (the "Issuer"). The Covered Bonds are subject to, and have the benefit of, a trust deed dated 30 May 9 March 2022 between the Issuer, Stichting Security Trustee NIBC SB Xxx Xxxxxxxx Xxxxxx XX Covered Bond Company (the "Security Trustee") as Security Trustee for the holders of the Covered Bonds as modified and/or supplemented and/or restated from time to time and NIBC SB Van Lanschot Xxxxxx XX Covered Bond Company B.V. (the "CBC") as guarantor. The Issuer, for value received, promises to pay to the bearer the principal sum of on the dates and in the amounts specified in the conditions endorsed on this Covered Bond as supplemented, replaced and modified by the final terms endorsed on this Covered Bond (the "Final Terms") and as may be amended from time to time applicable to the Covered Bonds (the "Conditions"), or on such earlier date or dates as the same may become payable in accordance with the Conditions, and to pay interest on the unpaid balance of such principal sum in arrear on the dates and at the rate specified in the Conditions, together with any additional amounts payable in accordance with the Conditions, all subject to and in accordance with the Conditions. Interest is payable on the unpaid balance of the above principal sum in accordance with the Conditions. The rights under the Guarantee (a) form an integral part of the Covered Bonds, (b) are of interest to a holder of Covered Bonds only if, to the extent that, and for and long as, it holds Covered Bonds and (c) can only be transferred together with all other rights under the relevant Covered Bond. As a result, in case of a transfer of an interest in this Covered Bond to a transferee by way of book-entry transfer (girale overboeking) or physical transfer of this Covered Bond, such transfer includes the corresponding rights under the Guarantee. This Covered Bond and the principal receipts, interest coupons and talons relating hereto shall not be valid for any purpose until this Covered Bond has been authenticated by or on behalf of the Principal Paying Agent. This Covered Bond is governed by, and shall be construed in accordance with the laws of the Netherlands. All disputes in connection with or arising from this Covered Bond or its execution will be judged by the courts of Amsterdam, the Netherlands, and its appellate courts. Articles 229(e) to 229(k) of the Dutch Commercial Code (Wetboek van Koophandel) do not apply to this Covered Bond.