Common use of Lizenzvereinbarung Clause in Contracts

Lizenzvereinbarung. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been subli- censed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and calculated by S&P Dow Jones Indices without re- gard to The Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be redeemed. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the products. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS OF S&P DOW JONES INDICES. Der unter den Wertpapieren zu leistende Tilgungsbetrag wird unter Bezugnahme auf den Basiswert, der von dem zuständigen Administrator bereitgestellt wird, bestimmt. Zum Datum dieser Endgülti- gen Bedingungen ist der Administrator in dem von der Europäischen Wertpapier- und Marktauf- sichtsbehörde ("ESMA") gemäß Artikel 36 der Verordnung (EU) 2016/1011 erstellten und geführten Register der Administratoren und Benchmarks eingetragen.

Lizenzvereinbarung. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been subli- censed sublicensed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Dow Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and calculated by S&P Dow Jones Indices without re- gard regard to The Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be redeemed. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the products. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIESWARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIALSPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS LICENSORS OF S&P DOW JONES INDICES. Der unter den Wertpapieren zu leistende Tilgungsbetrag wird unter Bezugnahme auf den Basiswert, der von dem zuständigen Administrator bereitgestellt wird, bestimmt. Zum Datum dieser Endgülti- gen Endgültigen Bedingungen ist der Administrator in dem von der Europäischen Wertpapier- und Marktauf- sichtsbehörde Marktaufsichtsbehörde ("ESMA") gemäß Artikel 36 der Verordnung (EU) 2016/1011 erstellten und geführten Register der Administratoren und Benchmarks eingetragen.

Lizenzvereinbarung. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been subli- censed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and calculated by S&P Dow Jones Indices without re- gard to The Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be redeemed. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the products. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS OF S&P DOW JONES INDICES. (Korbbestandteil 2) Der unter Korbbestandteil 2 ist vorliegend der SMI® Index. Der SMI® Index ist ein Kursindex. Der Indexstand eines Kursindex bestimmt sich insbesondere durch die Kurse der enthaltenen Be- standteile. Dividendenzahlungen und Kapitalveränderungen werden grundsätzlich nicht berücksich- tigt. Werden Dividenden ausbezahlt, bildet der Kursindex auch Kursabschläge ab. Angaben zu der vergangenen und künftigen Wertentwicklung und Volatilität des Basiswerts und/oder der jeweiligen Korbbestandteile sind kostenlos auf der bzw. den Wertpapieren zu leistende Tilgungsbetrag wird unter Bezugnahme folgenden Webseite(n) einsehbar: xxx.xxx-xxxxx.xxx. Die Emittentin übernimmt für die Vollständigkeit oder Richtigkeit oder für die fortlaufende Aktualisierung der auf der bzw. den Basiswert, der von dem zuständigen Administrator bereitgestellt wird, bestimmt. Zum Datum dieser Endgülti- gen Bedingungen ist der Administrator in dem von der Europäischen Wertpapier- und Marktauf- sichtsbehörde ("ESMA"angegebenen Webseite(n) gemäß Artikel 36 der Verordnung (EU) 2016/1011 erstellten und geführten Register der Administratoren und Benchmarks eingetragenenthaltenen Inhalte keine Gewähr.