Common use of COMMISSIONS AND EXPENSES Clause in Contracts

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of % of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of ___% of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall will be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1subsection (1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution printing and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors accountants in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of • % of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall will be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) abovesubsection (1), the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution printing and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel legal advisers to the Managers in the Federal Republic of Germany and the United States and of its own counsel legal advisers and its auditors accountants in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of % of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) ) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and Registrar, the Paying Agent and the additional paying agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of __% of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall will be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) abovesubsection (1), the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution printing and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel legal advisers to the Managers in the Federal Republic of Germany and the United States and of its own counsel legal advisers and its auditors accountants in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Supplementary Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of ______ % of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and Registrar, the Paying Agent and the additional paying agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of ______ % of the aggregate principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and Registrar, the Paying Agent and the [additional paying agent] [Additional Paying Agent] in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of % of the aggregate principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and Registrar, the Paying Agent and the [additional paying agent] [Additional Paying Agent] in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of _________% of the principal amount of the Notes in consideration of the obligations of the Managers to purchase the Notes. Such payment shall will be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1) abovesubsection (1), the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution printing and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the Notes, (iii) the printing and delivery of the Global Certificates, (iv) the obtaining and maintaining of the listing of the Notes on the Stock Exchange, (v) the services of the U.S. and German counsel legal advisers to the Managers in the Federal Republic of Germany and the United States and of its own counsel legal advisers and its auditors accountants in connection with the issue and subscription of the Notes, and (vi) all advertising in relation to the issue and offering of the Notes on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes and the performance of their respective duties under the Supplemental Agency Agreement.

COMMISSIONS AND EXPENSES. (1) The Issuer agrees to pay to the Managers on the Closing Date total commissions of ___% of the principal amount of the Notes Bonds in consideration of the obligations of the Managers to purchase the NotesBonds. Such payment shall will be made by means of deduction by the Managers from the Issue Price. (2) In addition to the commissions payable pursuant to § 12(1subsection (1) above, the Issuer agrees to bear (except as may be separately agreed with the Managers) (a) all costs and expenses (including value added tax thereon, if any) in connection with (i) the preparation, printing, distribution printing and publication (where required) of the Disclosure Documents, (ii) the preparation and printing of the Agreements and all other documents relating to the issue, subscription and offering of the NotesBonds, (iii) the printing and delivery of the CBF Global CertificatesCertificate and the DTC Global Certificate, (iv) the obtaining and maintaining of the listing of the Notes Bonds on the Stock Exchange, (v) the services of the U.S. and German counsel to the Managers and of its own counsel and its auditors accountants in connection with the issue and subscription of the NotesBonds, and (vi) all advertising in relation to the issue and offering of the Notes Bonds on which the Issuer and the Lead Manager(s) Managers may agree, and (b) the fees and expenses (including value added tax thereon) of the Registrar and the Paying Agent in connection with the preparation and signing of the Agreements, the issue of the Notes Bonds and the performance of their respective duties under the Supplemental Agency Agreement.