Common use of Prohibition of Sales to EEA Retail Investors Clause in Contracts

Prohibition of Sales to EEA Retail Investors. Each Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Notes which are the subject of the offering contemplated by the Prospectus as completed by the Final Terms in relation thereto to any retail investor in the European Economic Area. For the purposes of this provision:

Prohibition of Sales to EEA Retail Investors. Each Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, agrees that it has not offered, sold or otherwise made available available, and will not offer, sell or otherwise make available available, any Notes Covered Bonds which are the subject of the offering contemplated by the Prospectus as completed by the Final Terms in relation thereto to any retail investor in the European Economic Area. For the purposes of this provision:

Prohibition of Sales to EEA Retail Investors. Each From 1 January 2018, each Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Notes which are the subject of the offering contemplated by the Prospectus as completed by the Final Terms in relation thereto to any retail investor in the European Economic Area. For the purposes of this provision:

Prohibition of Sales to EEA Retail Investors. Each Dealer represents and agrees, and each further Dealer appointed under the Programme will be required to represent and agree, agrees that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Notes which are the subject of the offering contemplated by the Prospectus as completed by the Final Terms in relation thereto to any retail investor in the European Economic Area. For the purposes of this provisionprovision the expression “retail investor” means a person who is one (or more) of the following: