Interests of Natural and Legal Persons Involved in the Issue Clausole campione

Interests of Natural and Legal Persons Involved in the Issue. Save as described above and discussed in "Risk Factors" in the Base Prospectus, so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.
Interests of Natural and Legal Persons Involved in the Issue. Save as discussed in "Distribution Arrangements" in the Prospectus, so far as the Issuer and the Guarantors are aware, no person involved in the issue of the Warrants has an interest material to such issue.
Interests of Natural and Legal Persons Involved in the Issue. Banca IMI S.p.A. is expected to enter into hedging arrangements with market counterparties in connection with the issue of the Securities in order to hedge its exposure and it will act as Calculation Agent under the Securities. See the risk factor “Potential Conflicts of Interest” at pages 27 to 28 of the Base Prospectus. Where the Securities placed by the Manager should be lower and/or higher the notional amount of the hedging arrangements entered into by the Issuer, the Issuer will unwind such arrangements for the notional amount in excess of the Securities placed or respectively will enter into additional hedging arrangements in respect of the shortfall. Costs and expenses resulting from the unwinding of any such hedging arrangements or from the Issuer entering into any additional hedging arrangements will be borne by the Issuer. Save as discussed above and save for any fees payable to the Manager referred to in item 50 of Part A above, so far as the Issuer is aware, no person involved in the issue of the Securities has an interest material to the offer.
Interests of Natural and Legal Persons Involved in the Issue. As described in section “Risk Factors” in the Base Prospectus.
Interests of Natural and Legal Persons Involved in the Issue. As described in section “Risk Factors” in the Base Prospectus. The Warrants are European Call Warrants and Put Warrants. The formula for calculating the Cash Settlement Amount is described in § 46. Prospective purchasers of the Warrants should recognise that their Warrants may expire worthless. Therefore an investment in the Warrant is highly speculative, could involve significant risk and should only be considered by persons who can afford a loss of their entire investment. During the secondary market period, the price of the Warrants will depend upon market conditions and may be subject to significant fluctuations. Past and future performances of each Underlying Share are available on the Exchange website and the volatility of each Underlying Share is available on Reuters pages as set out in the table in PART-C.
Interests of Natural and Legal Persons Involved in the Issue. Applicable Bayerische Hypo- und Vereinsbank AG has a conflict of interest being the Issuer of the Certificates, the Calculation Agent, the Market Maker on the SeDeX market of Borsa Italiana S.p.A., where the Certificates are expected to be admitted to trading, following an application by the Issuer.
Interests of Natural and Legal Persons Involved in the Issue. Save for any fees payable to the Lead Manager (as defined below) and the Distributors (as defined below) and as discussed in the paragraphs below, so far as the Issuer is aware without inquiry, no person involved in the issue of the Notes has an interest material to the offer. Investors’ attention is drawn to the circumstance that: Banca IMI S.p.A. is a subsidiary of and subject to the direction and co-ordination of Intesa Sanpaolo S.p.A. and belongs to the Intesa Sanpaolo banking group. Certain Distributors also belong to the Intesa Sanpaolo banking group; participation relationships of the Lead Manager with certain Distributors belonging to the same banking group could result in a conflict of interest. Intesa Sanpaolo S.p.A., through its subsidiaries, has made significant financing, according to its internal policies and procedures, to companies of the group of the Issuer and this may result in a conflict of interest. Banca IMI S.p.A. acting as Lead Manager and the Distributors belonging to the Intesa Sanpaolo banking group will receive from the Issuer an amount respectively equal to the commissions as set out under item “Dealer’s Discount or Commission” of these Final Terms. The Lead Manager and its affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business. In addition to the role that Banca IMI S.p.A. plays as Lead Manager of the Offer, Banca IMI S.p.A. could be counterparty to a swap agreement related to the hedging of the Notes. Banca IMI S.p.A. performs activities (including market making on regulated and MTF markets) and provides investment services which may relate to the financial instruments issued by the Issuer or by companies of the group of the Issuer or other instruments linked to these. Reasons for the offer: The net proceeds from the issue of Notes will be added to the general funds of the Issuer and will be available for financing its operations. Estimated net proceeds to Issuer (in Specified Currency): U.S.$ 494,698,000.
Interests of Natural and Legal Persons Involved in the Issue. Applicable UniCredit Bank AG has a conflict of interest being the Issuer of the Certificates, the Calculation Agent, the Market Maker on the SeDeX market of Borsa Italiana S.p.A., where the Certificates are expected to be admitted to trading, following an application by the Issuer.
Interests of Natural and Legal Persons Involved in the Issue. Banca IMI is a shareholder of EuroTLX SIM S.p.A. who manages the multilateral trading facility EuroTLX on which application for the trading of the Notes thereof is expected to be made by the Issuer.
Interests of Natural and Legal Persons Involved in the Issue. Interests of Natural and Legal Persons involved in the Issue Save for the Distributors regarding the fees as set out under "Fees" above, so far as the Issuer is aware, no person involved in the issue of the Securities has an interest material to the offer REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES Reasons for offer The net proceeds from this issue of Securities will be applied by the Issuer for its general corporate purposes. A substantial portion of the proceeds from the issue of certain Securities may be used to hedge market risk with respect to such Securities.