Common use of Form, Denomination and Title Clause in Contracts

Form, Denomination and Title. The Covered Bonds are in bearer form and, in the case of definitive Covered Bonds, serially numbered, in the currency (the Specified Currency) and the denominations (the Specified Denomination(s)) specified in the applicable Final Terms. Covered Bonds of one Specified Denomination may not be exchanged for Covered Bonds of another Specified Denomination. This Covered Bond may be a Fixed Rate Covered Bond, a Floating Rate Covered Bond, a Zero Coupon Covered Bond or a combination of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms. Definitive Covered Bonds are issued with Coupons attached, unless they are Zero Coupon Covered Bonds in which case references to Coupons and Couponholders in the Conditions are not applicable. Subject as set out below, title to the Covered Bonds and Coupons will pass by delivery. The Issuer and the Paying Agents will (except as otherwise required by law) deem and treat the bearer of any Covered Bond or Coupon as the absolute owner thereof (whether or not overdue and notwithstanding any notice of ownership or writing thereon or notice of any previous loss or theft thereof) for all purposes but, in the case of any Global Covered Bond, without prejudice to the provisions set out in the next succeeding paragraph. For so long as any of the Covered Bonds are represented by a Global Covered Bond held on behalf of Euroclear Bank SA/NV (Euroclear) and/or Clearstream Banking S.A. (Clearstream, Luxembourg), each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or of Clearstream, Luxembourg as the holder of a particular nominal amount of such Covered Bonds (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the nominal amount of such Covered Bonds standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error) shall be treated by the Issuer and the Paying Agents as the holder of such nominal amount of such Covered Bonds for all purposes other than with respect to the payment of principal or interest on such nominal amount of such Covered Bonds, for which purpose the bearer of the relevant Global Covered Bond shall be treated by the Issuer and any Paying Agent as the holder of such nominal amount of such Covered Bonds in accordance with and subject to the terms of the relevant Global Covered Bond and the expressions Covered Bondholder and holder of Covered Bonds and related expressions shall be construed accordingly. Covered Bonds which are represented by a Global Covered Bond will be transferable only in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as the case may be. References to Euroclear and/or Clearstream, Luxembourg shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing system specified in Part B of the applicable Final Terms.

Form, Denomination and Title. The Covered Bonds Notes are in bearer form and, in the case of definitive Covered BondsNotes, serially numbered, in the currency (the Specified Currency) Currency and the denominations (the Specified Denomination(s)) specified in the applicable Final Terms. Covered Bonds Notes of one Specified Denomination may not be exchanged for Covered Bonds Notes of another Specified Denomination. This Covered Bond Note may be a Fixed Rate Covered BondNote, a Floating Rate Covered BondNote, a Zero Coupon Covered Bond or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms. Where the maturity of this Note is extended in accordance with Condition 5.2, this Note may be a Fixed Rate Note or a Floating Rate Note, in respect of the period from the Maturity Date up to and including the Final Extended Maturity Date, as specified in the applicable Final Terms. Definitive Covered Bonds Notes are issued with Coupons attached, unless they are Zero Coupon Covered Bonds in which case references to Coupons and Couponholders in the Conditions are not applicable. Subject as set out below, title to the Covered Bonds Notes and Coupons will pass by delivery. The Issuer and the Paying Agents will (except as otherwise required by law) deem and treat the bearer of any Covered Bond Note or Coupon as the absolute owner thereof (whether or not overdue and notwithstanding any notice of ownership or writing thereon or notice of any previous loss or theft thereof) for all purposes but, in the case of any Global Covered BondNote, without prejudice to the provisions set out in the next succeeding paragraph. For so long as any of the Covered Bonds are Notes is represented by a Global Covered Bond Note held on behalf of Euroclear Bank SA/NV (Euroclear) and/or Clearstream Banking S.A. Banking, société anonyme (Clearstream, Luxembourg), each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or of Clearstream, Luxembourg as the holder of a particular nominal amount of such Covered Bonds Notes (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the nominal amount of such Covered Bonds Notes standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error) shall be treated by the Issuer and the Paying Agents as the holder of such nominal amount of such Covered Bonds Notes for all purposes other than with respect to the payment of principal or interest on such nominal amount of such Covered BondsNotes, for which purpose the bearer of the relevant Global Covered Bond Note shall be treated by the Issuer and any Paying Agent as the holder of such nominal amount of such Covered Bonds Notes in accordance with and subject to the terms of the relevant Global Covered Bond Note and the expressions Covered Bondholder Noteholder and holder of Covered Bonds Notes and related expressions shall be construed accordingly. Covered Bonds Notes which are represented by a Global Covered Bond Note will be transferable only in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as the case may be. References to Euroclear and/or Clearstream, Luxembourg shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing system specified in Part B of the applicable Final Terms.

Form, Denomination and Title. The Covered Bonds are in bearer form and, in the case of definitive Covered Bonds, serially numbered, in the currency (the Specified Currency) Currency and the denominations (the Specified Denomination(s)) specified in the applicable Final Terms. Covered Bonds of one Specified Denomination may not be exchanged for Covered Bonds of another Specified Denomination. This Covered Bond may be a Fixed Rate Covered Bond, a Floating Rate Covered Bond, a Zero Coupon Covered Bond or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms. Where the maturity of this Bond is extended in accordance with Condition 5.2, this Bond may be a Fixed Rate Bond or a Floating Rate Bond, in respect of the period from the Maturity Date up to and including the Final Extended Maturity Date, as specified in the applicable Final Terms. Definitive Covered Bonds are issued with Coupons attached, unless they are Zero Coupon Covered Bonds in which case references to Coupons and Couponholders in the Conditions are not applicable. Subject as set out below, title to the Covered Bonds and Coupons will pass by delivery. The Issuer and the Paying Agents will (except as otherwise required by law) deem and treat the bearer of any Covered Bond or Coupon as the absolute owner thereof (whether or not overdue and notwithstanding any notice of ownership or writing thereon or notice of any previous loss or theft thereof) for all purposes but, in the case of any Global Covered Bond, without prejudice to the provisions set out in the next succeeding paragraph. For so long as any of the Covered Bonds are is represented by a Global Covered Bond held on behalf of Euroclear Bank SA/NV (Euroclear) and/or Clearstream Banking S.A. Banking, société anonyme (Clearstream, Luxembourg), each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or of Clearstream, Luxembourg as the holder of a particular nominal amount of such Covered Bonds (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the nominal amount of such Covered Bonds standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error) shall be treated by the Issuer and the Paying Agents as the holder of such nominal amount of such Covered Bonds for all purposes other than with respect to the payment of principal or interest on such nominal amount of such Covered Bonds, for which purpose the bearer of the relevant Global Covered Bond shall be treated by the Issuer and any Paying Agent as the holder of such nominal amount of such Covered Bonds in accordance with and subject to the terms of the relevant Global Covered Bond and the expressions Covered Bondholder and holder of Covered Bonds and related expressions shall be construed accordingly. Covered Bonds which are represented by a Global Covered Bond will be transferable only in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as the case may be. References to Euroclear and/or Clearstream, Luxembourg shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing system specified in Part B of the applicable Final Terms.

Form, Denomination and Title. The Covered Bonds are in bearer form and, in the case of definitive Covered Bonds, serially numbered, in the currency (the Specified Currency) Currency and the denominations (the Specified Denomination(s)) specified in the applicable Final Terms. Covered Bonds of one Specified Denomination may not be exchanged for Covered Bonds of another Specified Denomination. This Covered Bond may be a Fixed Rate Covered Bond, a Floating Rate Covered Bond, a Zero Coupon Covered Bond or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms. Where the maturity of this Bond is extended in accordance with Condition 5.2, this Bond may be a Fixed Rate Bond or a Floating Rate Bond, in respect of the period from the Maturity Date up to and including the Final Extended Maturity Date, as specified in the applicable Final Terms. Definitive Covered Bonds are issued with Coupons attached, unless they are Zero Coupon Covered Bonds in which case references to Coupons and Couponholders in the Conditions are not applicable. Subject as set out below, title to the Covered Bonds and Coupons will pass by delivery. The Issuer and the Paying Agents will (except as otherwise required by law) deem and treat the bearer of any Covered Bond or Coupon as the absolute owner thereof (whether or not overdue and notwithstanding any notice of ownership or writing thereon or notice of any previous loss or theft thereof) for all purposes but, in the case of any Global Covered Bond, without prejudice to the provisions set out in the next succeeding paragraph. For so long as any of the Covered Bonds are is represented by a Global Covered Bond held on behalf of Euroclear Bank SA/NV (Euroclear) and/or Clearstream Banking S.A. Banking, société anonyme (Clearstream, Luxembourg), each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or of Clearstream, Luxembourg as the holder of a particular nominal amount of such Covered Bonds (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the nominal amount of such Covered Bonds standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error) shall be treated by the Issuer and the Paying Agents as the holder of such nominal amount of such Covered Bonds for all purposes other than with respect to the payment of principal or interest on such nominal amount of such Covered Bonds, for which purpose the bearer of the relevant Global Covered Bond shall be treated by the Issuer and any Paying Agent as the holder of such nominal amount of such Covered Bonds in accordance with and subject to the terms of the relevant Global Covered Bond and the expressions Covered Bondholder and holder of Covered Bonds and related expressions shall be construed accordingly. Covered Bonds which are represented by a Global Covered Bond will be transferable only in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as the case may be. References to Euroclear and/or Clearstream, Luxembourg shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing system specified in Part B of the applicable Final Terms. In derogation from any restriction laid down under the Covered Bond Act (including Section 22, Subsection 1, Paragraph 1 of the Covered Bond Act), the share of eligible commercial property loans securing the Bonds may exceed 10 per cent. (as amended or replaced from time to time) of the total nominal value of the Retained Bond Cover Asset Pool.

Form, Denomination and Title. The Covered Bonds Notes are in bearer form and, in the case of definitive Covered BondsNotes, serially numbered, in the currency (the Specified Currency) ), and the denominations (the Specified Denomination(s)) specified in the applicable Final TermsPricing Supplement. Covered Bonds Notes of one Specified Denomination may not be exchanged for Covered Bonds Notes of another Specified Denomination. This Covered Bond Note may be a Fixed Rate Covered BondNote, a Floating Rate Covered BondNote, a Zero Coupon Covered Bond Note, or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final TermsPricing Supplement. Definitive Covered Bonds Notes are issued with Coupons attached, unless they are Zero Coupon Covered Bonds Notes in which case references to Coupons and Couponholders in the Conditions are not applicable. Subject as set out below, title to the Covered Bonds Notes and Coupons will pass by delivery. The Issuer Issuer, the Guarantor and the Paying Agents will (except as otherwise required by law) deem and treat the bearer of any Covered Bond Note or Coupon as the absolute owner thereof (whether or not overdue and notwithstanding any notice of ownership or writing thereon or notice of any previous loss or theft thereof) for all purposes but, in the case of any Global Covered BondNote, without prejudice to the provisions set out in the next succeeding paragraph. For so long as any of the Covered Bonds are Notes is represented by a Global Covered Bond Note held on behalf of Euroclear Bank SA/NV S.A./N.V. (Euroclear) and/or Clearstream Banking S.A. Banking, société anonyme (Clearstream, Luxembourg), each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or of Clearstream, Luxembourg as the holder of a particular nominal amount of such Covered Bonds Notes (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the nominal amount of such Covered Bonds Notes standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error) shall be treated by the Issuer Issuer, the Guarantor and the Paying Agents as the holder of such nominal amount of such Covered Bonds Notes for all purposes other than with respect to the payment of principal or interest on such nominal amount of such Covered BondsNotes, for which purpose the bearer of the relevant Global Covered Bond Note shall be treated by the Issuer Issuer, the Guarantor and any Paying Agent as the holder of such nominal amount of such Covered Bonds Notes in accordance with and subject to the terms of the relevant Global Covered Bond Note and the expressions Covered Bondholder Noteholder and holder of Covered Bonds Notes and related expressions shall be construed accordingly. Covered Bonds Notes which are represented by a Global Covered Bond Note will be transferable only in accordance with the rules and procedures for the time being of Euroclear and Clearstream, Luxembourg, as the case may be. References to Euroclear and/or Clearstream, Luxembourg shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing system specified in Part B of the applicable Final TermsPricing Supplement.