Common use of Swap Counterparty Clause in Contracts

Swap Counterparty. BNP Paribas will act as the Swap Counterparty. BNP Paribas is a French multinational bank and financial services company with its registered office located at 00 xxxxxxxxx xxx Xxxxxxxx 00000 Xxxxx, Xxxxxx, and its corporate website in English is xxxx://xxx.xxxxxxxxxx.xxx/en. BNP Paribas, together with its consolidated subsidiaries (the "BNP Paribas Group") is a global financial services provider, conducting retail, corporate and investment banking, private banking, asset management, insurance and specialized and other financial activities throughout the world. The BNP Paribas Group, one of Europe’s leading providers of banking and financial services, has four domestic retail banking markets in Europe, namely in Belgium, France, Italy and Luxembourg. It operates in 73 countries and has more than 196,000 employees, including more than 149,000 employees in Europe. BNP Paribas holds key positions in its two main businesses, being: • Retail Banking and Services, which includes: o Domestic Markets, comprising: ▪ French Retail Banking (FRB); ▪ BNL banca commerciale (BNL bc), Italian retail banking; ▪ Belgian Retail Banking (BRB); and ▪ Other Domestic Markets activities including Luxembourg Retail Banking (LRB); o International Financial Services, comprising: ▪ Europe-Mediterranean; ▪ BancWest; ▪ Personal Finance; ▪ Insurance; and ▪ Wealth and Asset Management; • Corporate and Institutional Banking (CIB): o Corporate Banking; o Global Markets; and o Securities Services. BNP Paribas is the parent company of the BNP Paribas Group. At 31 December 2017, the BNP Paribas Group had consolidated assets of €1,960.3 billion (compared to €2,077 billion at 31 December 2016), consolidated loans and receivables due from customers of €727.7 billion (compared to €712.2 billion at 31 December 2016), consolidated items due to customers of €767.9 billion (compared to €765.9 billion at 31 December 2016) and shareholders' equity (BNP Paribas Group share) of €102.0 billion (compared to €100.7 billion at 31 December 2016). At 31 December 2017, pre-tax income was €11.3 billion (compared to €11.2 billion at the end of 2016). Net income, attributable to equity holders, for the year 2017 was €7.8 billion (compared to €7.7 billion for the year 2016). At the date of this Prospectus, the BNP Paribas Group currently has long-term senior debt ratings of "A" with positive outlook from S&P, "Aa3" with stable outlook from Xxxxx’x Investors Service, Inc. and "AA (low)" with stable outlook from DBRS and a long-term issuer default rating of "A+" with stable outlook from Fitch Ratings, Ltd. The information contained in this section relates to and has been obtained from BNP Paribas. The information concerning BNP Paribas and the BNP Paribas Group contained herein is furnished solely to provide limited introductory information regarding BNP Paribas and the BNP Paribas Group and does not purport to be comprehensive. The delivery of the information contained in this section shall not create any implication that there has been no change in the affairs of BNP Paribas or the BNP Paribas Group since the date hereof, or that the information contained or referred to in this section is correct as of any time subsequent to its date. For up-to-date financial information, including quarterly results since the last fiscal year end, please refer to xxxx://xxxxxx.xxxxxxxxxx.xxx/en.

Swap Counterparty. BNP Paribas will act as the Swap Counterparty. BNP Paribas is a French multinational bank and financial services company with its registered office located at 00 xxxxxxxxx xxx Xxxxxxxx 00000 Xxxxx, Xxxxxx, and its corporate website in English is xxxx://xxx.xxxxxxxxxx.xxx/en. BNP Paribas, together with its consolidated subsidiaries (the "BNP Paribas Group") is a global financial services provider, conducting retail, corporate and investment banking, private banking, asset management, insurance and specialized and other financial activities throughout the world. The BNP Paribas Group, one of Europe’s leading providers of banking and financial services, has four domestic retail banking markets in Europe, namely in Belgium, France, Italy and Luxembourg. It operates in 73 countries and has more than 196,000 employees, including more than 149,000 employees in Europe. BNP Paribas holds key positions in its two main businesses, being: •  Retail Banking and Services, which includes: o Domestic Markets, comprising: ▪  French Retail Banking (FRB); ▪  BNL banca commerciale (BNL bc), Italian retail banking; ▪  Belgian Retail Banking (BRB); and ▪  Other Domestic Markets activities including Luxembourg Retail Banking (LRB); o International Financial Services, comprising: ▪  Europe-Mediterranean; ▪  BancWest; ▪  Personal Finance; ▪  Insurance; and ▪  Wealth and Asset Management; •  Corporate and Institutional Banking (CIB): o Corporate Banking; o Global Markets; and o Securities Services. BNP Paribas is the parent company of the BNP Paribas Group. At 31 December 2017, the BNP Paribas Group had consolidated assets of €1,960.3 billion (compared to €2,077 billion at 31 December 2016), consolidated loans and receivables due from customers of €727.7 billion (compared to €712.2 billion at 31 December 2016), consolidated items due to customers of €767.9 billion (compared to €765.9 billion at 31 December 2016) and shareholders' equity (BNP Paribas Group share) of €102.0 billion (compared to €100.7 billion at 31 December 2016). At 31 December 2017, pre-tax income was €11.3 billion (compared to €11.2 billion at the end of 2016). Net income, attributable to equity holders, for the year 2017 was €7.8 billion (compared to €7.7 billion for the year 2016). At the date of this Prospectus, the BNP Paribas Group currently has long-term senior debt ratings of "A" with positive outlook from S&P, "Aa3" with stable outlook from Xxxxx’x Investors Service, Inc. and "AA (low)" with stable outlook from DBRS and a long-term issuer default rating of "A+" with stable outlook from Fitch Ratings, Ltd. The information contained in this section relates to and has been obtained from BNP Paribas. The information concerning BNP Paribas and the BNP Paribas Group contained herein is furnished solely to provide limited introductory information regarding BNP Paribas and the BNP Paribas Group and does not purport to be comprehensive. The delivery of the information contained in this section shall not create any implication that there has been no change in the affairs of BNP Paribas or the BNP Paribas Group since the date hereof, or that the information contained or referred to in this section is correct as of any time subsequent to its date. For up-to-date financial information, including quarterly results since the last fiscal year end, please refer to xxxx://xxxxxx.xxxxxxxxxx.xxx/en.