Introduction Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.
Data protection 16.1. PRAETTIGAU and the VENDOR are subject to Swiss data protection legislation. 16.2. XXXXXXXXXX and the VENDOR transmit the data (incl. credit card information) that is necessary for billing and collection to GRF. GRF uses this data only for payment processing and for collection. 16.3. PRAETTIGAU may collect store, and process data to the extent that this is necessary or appropriate in order to meet its contractual obligations to maintain and improve customer relations, quality and service criteria, to maximise operational safety, and in the interest of sales promotion, product design, crime prevention, economic key data and statistics, as well as invoicing. The customer hereby acknowledges and agrees that PRAETTIGAU may pass on customer data to the VENDOR so that he can fulfill his obligations. 16.4. It is possible that PRAETTIGAU and / or the VENDOR may be required to transmit the data to the authorities, or to make it accessible to them. 16.5. XXXXXXXXXX and the VENDOR alike reserve the right to hand over the data to third parties to enforce legitimate interests or to the authorities on suspicion of a crime. 16.6. Furthermore, the privacy policies of PRAETTIGAU or those of the VENDOR, are in force. 16.7. For questions about data protection at PRAETTIGAU, contact us at the e-mail address xxxx@xxxxxxxxxx.xxxx; for questions about data protection by the VENDOR, contact the VENDOR directly.
Integrität (Art. 32 Abs. 1 lit. b DS-GVO)
Retention of Title 1. All goods delivered shall remain our property (reserved goods) until fulfilment of the claims to which we are entitled from the respective delivery. This shall also apply to conditional claims arising in the future, e.g. from acceptor's bills of exchange, and also if payments are made on specially designated claims, and also to claims which are established unilaterally by the insolvency administrator by way of choice of performance. 2. Treatment and processing of the goods subject to retention of title shall be carried out for us as manufacturer within the meaning of § 950 BGB (German Civil Code) without obligating us. The processed goods shall be deemed to be goods subject to retention of title within the meaning of No. 1. If the goods subject to retention of title are processed, combined or mixed with other goods by the buyer, we shall be entitled to co-ownership of the new item on a pro rata basis in the ratio of the invoice value of the goods subject to retention of title to the invoice value of the other goods used. If our ownership lapses as a result of combining or mixing, the buyer shall already now transfer to us the ownership rights to which he is entitled in the new stock or item to the extent of the invoice value of the reserved goods and shall keep them in safe custody for us free of charge. Our co-ownership rights shall be deemed to be reserved goods within the meaning of No.1. 3. The buyer may only sell the goods subject to retention of title in the ordinary course of business under his normal terms and conditions of business and as long as he is not in default, provided that the claims from the resale are transferred to us in accordance with nos. 4 to 5. He is not entitled to dispose of the reserved goods in any other way. 4. The buyer's claims arising from the resale of the reserved goods or for any other legal reason (such as the processing or installation of supplied building materials and other materials in a property) are already assigned to us now, together with all securities which the buyer acquires for the assigned claims. They serve as security to the same extent as the reserved goods. If the goods subject to retention of title are sold by the buyer together with other goods not sold by us, the claim from the resale shall be assigned to us in the ratio of the invoice value of the goods subject to retention of title to the invoice value of the other goods. In the event of the sale of goods in which we have co-ownership shares pursuant to No. 2, a part corresponding to our co-ownership share shall be assigned to us. 5. The buyer is entitled to collect claims from the resale. He is obliged to transfer the collected amounts to us in the amount of the invoice value of the reserved goods. Upon collection by the buyer, our claim shall become due immediately. This authorisation to collect shall expire in the event of our revocation. We shall only make use of our right of revocation if the buyer acts in breach of contract, in particular in the event of his default in payment or non-redemption of a bill of exchange, or if he disregards our security interest as seller in any other way. At our request, the buyer is obliged to inform his customers immediately of the assignment to us and to provide us with the information and documents necessary for collection. A further assignment of the claims from the resale by the buyer is not permitted, unless it is an assignment by way of genuine factoring, which is notified to us and in which the factoring proceeds exceed the value of our secured claim. Our claim shall become due immediately upon crediting of the factoring proceeds. 6. The buyer must inform us immediately of any seizure or other impairment by third parties. The buyer shall bear all costs which have to be incurred in order to cancel the seizure and to recover the object of purchase, insofar as they cannot be recovered from third parties. 7. If the value of the existing securities exceeds the secured claims including ancillary claims (interest, costs, etc.) by more than 50% in total, we shall be obliged to release securities of our choice at the request of the buyer. 8. If the buyer defaults on payment or does not honour a bill of exchange when it is due, we are entitled to take back the goods subject to retention of title and, if necessary, to enter the buyer's business or warehouse for this purpose. The same shall apply if, after conclusion of the contract, it becomes apparent that our claim for payment under this or other contracts with the buyer is jeopardised by the buyer's lack of ability to pay. Taking back the goods does not constitute a withdrawal from the contract. We may also prohibit the resale, further processing and removal of the reserved goods. The provisions of the Insolvency Code shall remain unaffected. 9. This section VII shall not apply in the case of delivery against advance payment.
Marketing Die Hochschulen beteiligen sich weiterhin aktiv an hochschulübergreifenden Aktivitäten des Hoch- schulmarketings der Landesrektorenkonferenz (wirk lichweiterk ommen).
Transparenz Auf Anfrage stellt der Datenexporteur der betroffenen Person eine Kopie dieser Klauseln, einschließlich der von den Parteien ausgefüllten Anlage, unentgeltlich zur Verfügung. Soweit es zum Schutz von Geschäftsgeheimnissen oder anderen vertraulichen Informationen, einschließlich der in Anhang II beschriebenen Maßnahmen und personenbezogener Daten, notwendig ist, kann der Datenexporteur Teile des Textes der Anlage zu diesen Klauseln vor der Weitergabe einer Kopie unkenntlich machen; er legt jedoch eine aussagekräftige Zusammenfassung vor, wenn die betroffene Person andernfalls den Inhalt der Anlage nicht verstehen würde oder ihre Rechte nicht ausüben könnte. Auf Anfrage teilen die Parteien der betroffenen Person die Gründe für die Schwärzungen so weit wie möglich mit, ohne die geschwärzten Informationen offenzulegen. Diese Klausel gilt unbeschadet der Pflichten des Datenexporteurs gemäß den Artikeln 13 und 14 der Verordnung (EU) 2016/679.
Erfüllungsort, Gerichtsstand und anzuwendendes Recht 1. Erfüllungsort für unsere Lieferungen ist bei Lieferung ab Werk das Lieferwerk, bei den übrigen Lieferungen unser Lager. Gerichtsstand ist nach unserer Xxxx der Sitz unserer Hauptniederlassung oder der Sitz des Käufers. 2. Für alle Rechtsbeziehungen zwischen uns und dem Käufer gilt in Ergänzung zu diesen Bedingungen das deutsche unvereinheitlichte Recht insbesondere des BGB/HGB. Die Bestimmungen des UNÜbereinkommens vom 11. April 1980 über Verträge über den internationalen Warenkauf finden keine Anwendung.
Transport Bei größeren Einlieferungen organisieren wir für Sie zum schnellstmöglichen Termin einen günstigen und fachgerechten Kunsttransport.
Exportkontrolle Der Besteller anerkennt, dass die Lieferungen den schweizerischen und/oder ausländischen gesetzlichen Bestimmungen und Vorschriften über die Exportkontrolle unterstehen können und ohne Ausfuhr- bzw. Wiederausfuhrbewilligung der zuständigen Behörde weder verkauft, vermietet noch in anderer Weise übertragen oder für einen anderen als den vereinbarten Zweck verwendet werden dürfen. Der Besteller verpflichtet sich, solche Bestimmungen und Vorschriften einzuhalten. Er nimmt zur Kenntnis, dass diese ändern können und auf den Vertrag im jeweils gültigen Wortlaut anwendbar sind.
Erfüllungsort, Gerichtsstand, anzuwendendes Recht 1. Erfüllungsort und ausschließlicher Gerichtsstand für Lieferung und Zahlungen sowie für sämtliche zwischen den Parteien sich aus dem Vertragsverhältnis ergebenden Streitigkeiten ist der Hauptsitz des Verkäufers, wenn beide Vertragsparteien Kaufleute im Sinne des HGB oder juristische Personen des öffentlichen Rechts oder öffentlich-rechtliche Sondervermögen sind (§ 38 ZPO). Ansonsten gelten die gesetzlichen Bestimmungen. 2. Die Beziehungen zwischen den Vertragsparteien richten sich ausschließlich nach dem in der Bundesrepublik Deutschland geltenden Recht unter Ausschluss des UN-Kaufrechts.
