Common use of Potential Conflicts of Interest Clause in Contracts

Potential Conflicts of Interest. The Issuer and affiliated companies may participate in transactions related to the Securities in some way, for their own account or for account of a client. Such transactions may not serve to benefit the Securityholders and may have a positive or negative effect on the value of the Underlying and consequently on the value of the Securities. Furthermore, companies affiliated with the Issuer may become counterparties in hedging transactions relating to obligations of the Issuer stemming from the Securities. As a result, conflicts of interest can arise between companies affiliated with the Issuer, as well as between these companies and investors, in relation to obligations regarding the calculation of the price of the Securities and other associated determinations. In addition, the Issuer and its affiliates may act in other capacities with regard to the Securities, such as calculation agent, paying agent and administrative agent and/or index sponsor. Furthermore, the Issuer and its affiliates may issue other derivative instruments relating to the Underlying; introduction of such competing products may affect the value of the Securities. The Issuer and its affiliated companies may receive non-public information relating to the Underlying, and neither the Issuer nor any of its affiliates undertakes to make this information available to Securityholders. In addition, one or more of the Issuer’s affiliated companies may publish research reports on the Underlying. Such activities could present conflicts of interest and may negatively affect the value of the Securities. Within the context of the offering and sale of the Securities, the Issuer or any of its affiliates may directly or indirectly pay fees in varying amounts to third parties, such as distributors or investment advisors, or receive payment of fees in varying amounts, including those levied in association with the distribution of the Securities, from third parties. Potential investors should be aware that the Issuer may retain fees in part or in full. The Issuer or, as the case may be, the Manager, upon request, will provide information on the amount of these fees.

Potential Conflicts of Interest. The Issuer and affiliated companies may participate in transactions related to the Securities in some way, for their own account or for account of a client. Such transactions may not serve to benefit the Securityholders and may have a positive or negative effect on the value of the Underlying Underlyings, and consequently on the value of the Securities. Furthermore, companies affiliated with the Issuer may become counterparties in hedging transactions relating to obligations of the Issuer stemming from the Securities. As a result, conflicts of interest can arise between companies affiliated with the Issuer, as well as between these companies and investors, in relation to obligations regarding the calculation of the price of the Securities and other associated determinations. In addition, the Issuer and its affiliates may act in other capacities with regard to the Securities, such as calculation agent, paying agent and administrative agent and/or index sponsoragent. Furthermore, the Issuer and its affiliates may issue other derivative instruments relating to the UnderlyingUnderlyings; introduction of such competing products may affect the value of the Securities. The Issuer and its affiliated companies may receive non-public information relating to the UnderlyingUnderlyings, and neither the Issuer nor any of its affiliates undertakes to make this information available to Securityholders. In addition, one or more of the Issuer’s affiliated companies may publish research reports on the Underlying. Such activities could present conflicts of interest and may negatively affect the value of the Securities. Within the context of the offering and sale of the Securities, the Issuer or any of its affiliates may directly or indirectly pay fees in varying amounts to third parties, such as distributors or investment advisors, or receive payment of fees in varying amounts, including those levied in association with the distribution of the Securities, from third parties. Potential investors should be aware that the Issuer may retain fees in part or in full. The Issuer or, as the case may be, the Manager, upon request, will provide information on the amount of these fees.

Potential Conflicts of Interest. The Issuer and affiliated companies may participate in transactions related to the Securities in some way, for their own account or for account of a client. Such transactions may not serve to benefit the Securityholders Certificateholders and may have a positive or negative effect on the value of the Underlying or the creditworthiness of the Reference Entity or any other relevant underlying and consequently on the value of the SecuritiesCertificates. Furthermore, companies affiliated with the Issuer may become counterparties in hedging transactions relating to obligations of the Issuer stemming from the SecuritiesCertificates. As a result, conflicts of interest can arise between companies affiliated with the Issuer, as well as between these companies and investors, in relation to obligations regarding the calculation of the price of the Securities Certificates and other associated determinations. In addition, the Issuer and its affiliates may act in other capacities with regard to the SecuritiesCertificates, such as calculation agent, paying agent and administrative agent and/or index sponsor. Furthermore, the Issuer and its affiliates may issue other derivative instruments relating to the Underlyingrelevant Underlying(s) or the reference obligation and/or the Reference Entity or any other relevant underlying; introduction of such competing products may affect the value of the Securities. The Issuer and its affiliated companies may receive non-public information relating to the UnderlyingUnderlyings, the reference obligation and/or the Reference Entity or any other relevant underlying, and neither the Issuer nor any of its affiliates undertakes to make this information available to SecurityholdersCertificateholders. In addition, one or more of the Issuer’s affiliated companies may publish research reports on the UnderlyingUnderlying(s) or the Reference Entity or any other relevant underlying. Such activities could present conflicts of interest and may negatively affect the value of the SecuritiesCertificates. Within the context of the offering and sale of the SecuritiesCertificates, the Issuer or any of its affiliates may directly or indirectly pay fees in varying amounts to third parties, such as distributors or investment advisors, or receive payment of fees in varying amounts, including those levied in association with the distribution of the SecuritiesCertificates, from third parties. Potential investors should be aware that the Issuer may retain fees in part or in full. The Issuer or, as the case may be, the ManagerManager(s), upon request, will provide information on the amount of these fees. Xxx Xxxxxx der Zertifikate ist gegebenenfalls mit erheblichen Risiken verbunden und nur für solche Investoren geeignet, die über das Wissen und die Erfahrung in Finanz- und Geschäftsangelegenheiten verfügen, die erforderlich sind, um die Risiken und Chancen einer Investition in die Zertifikate einzuschätzen. Potentielle Investoren sollten alle in dem Basisprospekt enthaltenen Informationen unter Berücksichtigung ihrer finanziellen Verhältnisse und ihrer Anlageziele sorgfältig prüfen, bevor sie eine Entscheidung über den Erwerb der Zertifikate treffen. Begriffe, die in Teilen des Basisprospekts definiert sind, haben nachfolgend die xxxxx xxxxx zugewiesene Bedeutung.

Potential Conflicts of Interest. The Issuer and affiliated companies may participate in transactions related to the Securities Certificates in some way, for their own account or for account of a client. Such transactions may not serve to benefit the Securityholders Certificateholders and may have a positive or negative effect on the value of the Underlying an underlying and consequently on the value of the SecuritiesCertificates. Furthermore, companies affiliated with the Issuer may become counterparties in hedging transactions relating to obligations of the Issuer stemming from the SecuritiesCertificates. As a result, conflicts of interest can arise between companies affiliated with the Issuer, as well as between these companies and investors, in relation to obligations regarding the calculation of the price of the Securities Certificates and other associated determinations. In addition, the Issuer and its affiliates may act in other capacities with regard to the SecuritiesCertificates, such as calculation agent, paying agent and administrative agent and/or index sponsor. Furthermore, the Issuer and its affiliates may issue other derivative instruments relating to the Underlyingrespective underlying securities; introduction of such competing products may affect the value of the SecuritiesCertificates. The Issuer and its affiliated companies may receive non-public information relating to the Underlyingan underlying, and neither the Issuer nor any of its affiliates undertakes to make this information available to SecurityholdersCertificateholders. In addition, one or more of the Issuer’s affiliated companies may publish research reports on the Underlyingan underlying. Such activities could present conflicts of interest and may negatively affect the value of the SecuritiesCertificates. Within the context of the offering and sale of the SecuritiesCertificates, the Issuer or any of its affiliates may directly or indirectly pay fees in varying amounts to third parties, such as distributors or investment advisors, or receive payment of fees in varying amounts, including those levied in association with the distribution of the SecuritiesCertificates, from third parties. Potential investors should be aware that the Issuer may retain fees in part or in full. The Issuer or, as the case may be, the ManagerManager(s), upon request, will provide information on the amount of these fees. Xxx Xxxxxx der Zertifikate ist gegebenenfalls mit erheblichen Risiken verbunden und nur für solche Investoren geeignet, die über das Wissen und die Erfahrung in Finanz- und Geschäftsangelegenheiten verfügen, die erforderlich sind, um die Risiken und Chancen einer Investition in die Zertifikate einzuschätzen. Potentielle Investoren sollten alle in dem Basisprospekt enthaltenen Informationen unter Berücksichtigung ihrer finanziellen Verhältnisse und ihrer Anlageziele sorgfältig prüfen, bevor sie eine Entscheidung über den Erwerb der Zertifikate treffen. Begriffe, die in Teilen des Basisprospekts definiert sind, haben nachfolgend die xxxxx xxxxx zugewiesene Bedeutung.

Potential Conflicts of Interest. The Issuer and affiliated companies may participate in transactions related to the Securities Bonds in some way, for their own account or for account of a client. Such transactions may not serve to benefit the Securityholders Bondholders and may have a positive or negative effect on the value of the Underlying an underlying and consequently on the value of the SecuritiesBonds. Furthermore, companies affiliated with the Issuer may become counterparties in hedging transactions relating to obligations of the Issuer stemming from the SecuritiesBonds. As a result, conflicts of interest can arise between companies affiliated with the Issuer, as well as between these companies and investors, in relation to obligations regarding the calculation of the price of the Securities Bonds and other associated determinations. In addition, the Issuer and its affiliates may act in other capacities with regard to the SecuritiesBonds, such as calculation agent, paying agent and administrative agent and/or index sponsor. Furthermore, the Issuer and its affiliates may issue other derivative instruments relating to the Underlyingrespective Underlying Securities; introduction of such competing products may affect the value of the SecuritiesBonds. The Issuer and its affiliated companies may receive non-public information relating to the Underlyingan underlying, and neither the Issuer nor any of its affiliates undertakes to make this information available to SecurityholdersBondholders. In addition, one or more of the Issuer’s affiliated companies may publish research reports on the Underlyingan underlying. Such activities could present conflicts of interest and may negatively affect the value of the SecuritiesBonds. Within the context of the offering and sale of the SecuritiesBonds, the Issuer or any of its affiliates may directly or indirectly pay fees in varying amounts to third parties, such as distributors or investment advisors, or receive payment of fees in varying amounts, including those levied in association with the distribution of the SecuritiesBonds, from third parties. Potential investors should be aware that the Issuer may retain fees in part or in full. The Issuer or, as the case may be, the ManagerManager(s), upon request, will provide information on the amount of these fees. Der Erwerb der Anleihen ist gegebenenfalls mit erheblichen Risiken verbunden und nur für solche Investoren geeignet, die über das Wissen und die Erfahrung in Finanz- und Geschäftsangelegenheiten verfügen, die erforderlich sind, um die Risiken und Chancen einer Investition in die Anleihen einzuschätzen. Potentielle Investoren sollten alle in dem Basisprospekt enthaltenen Informationen unter Berücksichtigung ihrer finanziellen Verhältnisse und ihrer Anlageziele sorgfältig prüfen, bevor sie eine Entscheidung über den Erwerb der Anleihen treffen. Begriffe, die in Teilen des Basisprospekts definiert sind, haben nachfolgend die xxxxx xxxxx zugewiesene Bedeutung.