Common use of TERMS AND CONDITIONS OF THE COVERED BONDS Clause in Contracts

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian Bank of Canada (the “Bank”, the “Issuer” or “LBC”) as part of the Issuer’s CAD 2 billion legislative Covered Bond programme (the “Programme”) and constituted by a Trust Deed dated the Programme Date, as a amended by a first amending agreement dated April 7, 2022 (such trust deed as further amended, restated, supplemented or replaced from time to time, the “Trust Deed”) made between the Issuer, LBC Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian Equitable Bank of Canada (the “Bank”, ” or the “Issuer” or “LBC”) as part of the Issuer’s CAD 2 3 billion global legislative Covered Bond covered bond programme (the “Programme”) and constituted by a Trust Deed trust deed initially dated as of the Programme Date, Date and as a amended and restated on 19 September 2022 and as further amended by a first amending agreement dated April 7, 2022 on 29 September 2023 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC EQB Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The With the exception of N Covered Bonds, the following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, will (as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds or, in the case of Exempt Covered Bonds only, supplemented, amended and/or replaced by a Pricing Supplement in relation to any Tranche of Exempt Covered Bonds, ) apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms or Pricing Supplement (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian The Toronto-Dominion Bank of Canada (the “Bank”, the “Issuer” or the “LBCBank”) as part of the Issuer’s CAD 2 50 billion global legislative Covered Bond programme (the “Programme”) and constituted by a Trust Deed trust deed initially dated as of the Programme Date, Date and most recently amended and restated as a of 14 July 2016 and further amended by a first amending agreement dated April 7, 2022 as of 7 September 2017 and 27 July 2018 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC TD Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian Canadian Imperial Bank of Canada Commerce (the “Bank”, the “Issuer” or the “LBCBank” or “CIBC”) as part of the Issuer’s CAD 2 20 billion legislative global Covered Bond programme (the “Programme”) and constituted by a Trust Deed dated the Programme Date, as a amended by a first amending agreement dated April 7on June 27, 2022 2014, on December 23, 2014 and on June 24, 2015 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC CIBC Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The With the exception of N Covered Bonds, the following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, will (as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds or, in the case of Exempt Covered Bonds only, supplemented, amended and/or replaced by a Pricing Supplement in relation to any Tranche of Exempt Covered Bonds, ) apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms or Pricing Supplement (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian The Toronto-Dominion Bank of Canada (the “Bank”, the “Issuer” or the “LBCBank”) as part of the Issuer’s CAD 2 40 billion global legislative Covered Bond programme (the “Programme”) and constituted by a Trust Deed trust deed initially dated as of the Programme Date, Date and most recently amended and restated as a of 14 July 2016 and further amended by a first amending agreement dated April 7, 2022 as of 7 September 2017 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC TD Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. Bond This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian HSBC Bank of Canada (the “Bank”, the “Issuer” or “LBCHSBC”) as part of the Issuer’s CAD 2 3.5 billion legislative global Covered Bond programme (the “Programme”) and constituted by a Trust Deed dated the Programme Date, as a amended by a first amending agreement dated April as of November 7, 2022 2018 (such trust deed as further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC HSBC Canadian Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian Canadian Imperial Bank of Canada Commerce (the “Bank”, the “Issuer” or the “LBCBank” or “CIBC”) as part of the Issuer’s CAD 2 20 billion legislative global Covered Bond programme (the “Programme”) and constituted by a an amended and restated Trust Deed dated the Programme Date, as a amended by a first amending agreement dated April 7, 2022 21 June 2016 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC CIBC Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. Bond This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian National Bank of Canada (the “Bank”, the “Issuer” or “LBCNBC”) as part of the Issuer’s CAD 2 15 billion legislative global Covered Bond programme (the “Programme”) and constituted by a Trust Deed dated the Programme Date, as a amended by a first amending agreement dated April 7and restated on 27 September 2018, 2022 and amended on 5 July 2019 and 9 July 2019 (such trust deed as further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC NBC Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The With the exception of N Covered Bonds, the following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, will (as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds or, in the case of Exempt Covered Bonds only, supplemented, amended and/or replaced by a Pricing Supplement in relation to any Tranche of Exempt Covered Bonds, ) apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms or Pricing Supplement (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian The Toronto-Dominion Bank of Canada (the “Bank”, the “Issuer” or the “LBCBank”) as part of the Issuer’s CAD 2 80 billion global legislative Covered Bond programme (the “Programme”) and constituted by a Trust Deed trust deed initially dated as of the Programme Date, Date and most recently amended and restated as a of 5 July 2019 and as amended by a first amending agreement dated April 7, 2022 on 30 June 2020 and on 30 June 2021 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC TD Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions”) which will, as supplemented, amended and/or replaced completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian Canadian Imperial Bank of Canada Commerce (the “Bank”, the “Issuer” or the “LBCBank” or “CIBC”) as part of the Issuer’s CAD 2 25 billion legislative global Covered Bond programme (the “Programme”) and constituted by a an amended and restated Trust Deed dated the Programme Date21 June 2016, as a amended by a first amending agreement dated April 7on 20 June 2017, 2022 on 22 December 2017 and on 18 June 2018 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC CIBC Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).

TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, as supplemented, amended and/or replaced by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Laurentian HSBC Bank of Canada (the “Bank”, ” or the “Issuer” or “LBC”) as part of the Issuer’s CAD 2 10 billion global legislative Covered Bond covered bond programme (the “Programme”) and constituted by a Trust Deed trust deed initially dated as of the Programme Date, Date and most recently amended and restated as a of 17 September 2020 and as amended by a first amending agreement dated April 7, 2022 on 6 October 2021 (such trust deed as may be further amended, restated, supplemented or replaced from time to timereplaced, the “Trust Deed”) made between the Issuer, LBC HSBC Canadian Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).