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Análisis e interpretación de las encuestas aplicadas a los directivos

In document La disortografía (página 55-65)

11. ANÁLISIS Y DISCUSIÓN DE RESULTADOS

11.1.1. Análisis e interpretación de las encuestas aplicadas a los directivos

[The following language applies if the first tranche of an issue which is being increased was issued under a prospectus with an earlier date]

1

Include this legend where a public offer of Notes is anticipated.

2

[Terms used herein shall be deemed to be defined as such, to the extent they apply to Fixed Rate Notes, Floating Rate Notes and/or Zero Coupon Notes in [the terms and conditions as referred to on page 21 up to and including 41 of the prospectus of the Issuer relating to the Programme dated 6 May 2004 (the "2004 Terms and Conditions")] [the terms and conditions as referred to on page 31 up to and including 51 of the prospectus of the Issuer relating to the Programme dated 30 August 2005 (the "2005 Terms and Conditions")] [the terms and conditions as referred to on page 36 up to and including 57 of the prospectus of the Issuer relating to the Programme dated 17 August 2006 (the "2006 Terms and Conditions")] [the terms and conditions as set forth on page 40 up to and including 61 of the prospectus of the Issuer relating to the Programme dated 23 November 2007 (the "2007 Terms and Conditions")] [the terms and conditions as set forth on page 69 up to and including 171 of the prospectus of the Issuer relating to the Programme dated 5 January 2009 (the "2009 Terms and Conditions")] [the terms and conditions as set forth on page 69 up to and including 172 of the prospectus of the Issuer relating to the Programme dated 8 January 2010 (the "2010 Terms and Conditions")] [the terms and conditions as set forth on page 70 up to and including 172 of the prospectus of the Issuer relating to the Programme dated 21 January 2011 (the "2011 Terms and Conditions")] [the terms and conditions as set forth on page 75 up to and including 182 of the prospectus of the Issuer relating to the Programme dated 14 March 2012 (the "2012 Terms and Conditions")] [the terms and conditions as set forth on page 48 up to and including 81 of the prospectus of the Issuer relating to the Programme dated 12 April 2013 (the "2013 Terms and Conditions")] which have been incorporated by reference in, and form part of the base prospectus dated 17 April 2014 (the "Base Prospectus"). These Final Terms contain the final terms of the Notes and must be read in conjunction with the Base Prospectus[, save in respect of the terms and conditions as contained in pages 76 up to and including 106 thereof (the "2014 Terms and Conditions"). This document constitutes the Final Terms of the Notes described herein for the purpose of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus.]

[When adding any other final terms or information, consideration should be given as to whether such terms or information constitute "significant new factors" and consequently trigger the need for a supplement to the Base Prospectus under Article 16 of the Prospectus Directive.]

[When adding any other final terms or information, consideration should be given as to whether such terms or information constitute category "B" information as indicated in Annex XX of the Prospectus Regulation and consequently trigger the need for an individual Drawdown Prospectus.]

[Include whichever of the following apply or specify as 'Not Applicable' [N/A]. Note that the numbering should remain as set out below, even if 'Not Applicable' is indicated for individual paragraphs or sub-paragraphs. Italics denote directions for completing the Final Terms.]

[NB: if terms and conditions other than the 2013 Terms and Conditions are applicable to an issuance of Notes include correct references to each condition mentioned explicitly by number in the Final Terms to the extent that these number references differ from number references to conditions used in the 2013 Terms and Conditions.]

1. Issuer: F. van Lanschot Bankiers N.V.

(i) Series Number: [...]

(ii) Tranche Number: [...]

(If fungible with an existing Series, details of that Series, including the date on which the Notes become fungible)

2. Specified Currency or Currencies: [EUR/USD/CHF/JPY/GBP/HKD/AUD/CAD/

NZD] 3. Aggregate Nominal Amount:

(i) Series: [...]

4. (i) Issue Price: [...] per cent. of the Aggregate Nominal Amount [plus accrued interest from [insert date] (in case of fungible issues only, if applicable)]

(ii) Net Proceeds: [...]/[Not Applicable] (required only for issues listed on NYSE Euronext Amsterdam)

5. (i) Specified Denominations: [...]

[Euro 100,000 and integral multiples of [euro 1,000] in excess thereof up to and including [euro 199,000]. No notes in definitive form will be issued with a denomination above [euro 199,000].]

(Notes may not be issued in denominations less than Euro 100,000 or the equivalent thereof in another currency).

(ii) Calculation Amount: […]/[Not Applicable] [(i) if there is only one

Specified Denomination, the Specified Denomination of the relevant Notes or (ii) if there are several Specified Denominations, the highest common factor of those Specified Denominations]

6. (i) Issue Date: [...]

(ii) Interest Commencement Date: [...]/[Not Applicable]

7. Maturity Date or Redemption Month: [...] [Fixed rate – specify date]

[Other - Interest Payment Date falling in or nearest to [specify month] [specify year] [(the "Scheduled Maturity Date")]

8. Interest Basis: [[…] per cent. Fixed Rate]

[Floating Rate] [LIBOR/EURIBOR/CMS London/CMS Brussels] +/- […] per cent.

[Inverse Floating Rate] […] per cent. -/- [LIBOR/EURIBOR/CMS London/CMS Brussels] [Zero Coupon]

[Non-interest bearing]

(further particulars specified below)

9. Redemption/Payment Basis: [Redemption at par]

[Partly Paid] [Instalment]

(further particulars specified below) 10. Change of Interest Basis: [Condition 5f applies]

The Interest Basis shall change from [Floating Rate/Inverse Floating Rate/Zero Coupon/Non- interest bearing] to [[Floating Rate/Inverse Floating Rate/Zero Coupon/Non-interest bearing] following the exercise of a Change of Interest Basis Option] [Not Applicable]

11. Put/Call Options: [Put Option]

[Issuer Call]

12. (i) Status of the Notes: [Senior/Subordinated [(Tier 2 Notes)]] Specify the

applicable Conditions which apply especially to

Subordinated Notes) [Conditions [2/3/7(m)/7(n)/10/15/17] apply]

(ii) Date of resolutions/authorisations/ approval for issuance of Notes obtained:

[…]

13. (i) Listing: [NYSE Euronext Amsterdam/the regulated market of

the Luxembourg Stock Exchange/None] (Notes may

only be listed on the Luxembourg Stock Exchange after a Notification has been provided to the CSSF)

(ii) Admission to trading: [Application has been made for the Notes to be admitted to trading on […] with effect from […].] [Not Applicable]

(iii) Estimate of total expenses related to admission to trading:*

[…]

14. Method of distribution: [Syndicated/Non-syndicated] 15. Name and contact details of Calculation Agent, if not

the Issuer:

[Not Applicable/name and contact details]

PROVISIONS RELATING TO INTEREST (lF ANY) PAYABLE

16. Change of Interest Basis Option: [Applicable/Not Applicable] (i) Interest Basis Option Period: […] Business Days

(ii) Change of Interest Basis Option Date: […]/Each Interest Payment Date] (iii) Initial Interest Basis: [[…] per cent. Fixed Rate]

[Floating Rate] [LIBOR/EURIBOR/CMS London/CMS Brussels] +/- […] per cent.

[Inverse Floating Rate] […] per cent. -/- [LIBOR/EURIBOR/CMS London/CMS Brussels] [Zero Coupon]

[Non-interest bearing] (iv) Subsequent Interest Basis: [[…] per cent. Fixed Rate]

[Floating Rate] [LIBOR/EURIBOR/CMS London/CMS Brussels] +/- […] per cent.

[Inverse Floating Rate] […] per cent. -/- [LIBOR/EURIBOR/CMS London/CMS Brussels] (NB: if terms and conditions applicable to the notes

are not the 2013 Terms and Conditions the reference rate for the Interest Basis must be LIBOR or EURIBOR).

[Zero Coupon] [Non-interest bearing]

17. Fixed Rate Note Provisions: [Applicable/Not Applicable] (If not applicable,

delete the remaining sub-paragraphs of this paragraph)

(i) Fixed Rate[(s)] of Interest: […] per cent. per annum [payable [annually/semi- annually/quarterly] in arrear]

(ii) Interest Payment Date(s): […] in each year up to and including the Maturity Date (NB: Amend in the case of long or short

coupons)

(iii) Fixed Coupon Amount(s): […] per […] in nominal amount

(iv) Broken Amount(s): […] per nominal amount payable on the Interest Payment Date falling [in/on] […] / [Not Applicable]

(v) Day Count Fraction: [Actual/Actual (ICMA)]

[Actual/365] [Actual/365 (Fixed)] [Actual/365 (Sterling)] [Actual/360] [30/360] [Bonds Basis] [30E/360] [30E/360 (ISDA)] [Actual/Actual (ISDA)] [Actual/Actual] (vi) Interest Determination Date(s): […] in each year.3

18. Floating Rate Note Provisions: [Applicable/Not Applicable] (If not applicable,

delete the remaining sub-paragraphs of this paragraph)

(i) CMS: [CMS [London][Brussels]] [further details

specifying tenor and currency et cetera]

(ii) Specified Period(s): […]

(iii) Specified Interest Payment Dates: […] (iv) Business Day Convention:

- Business Day Convention: [Floating Rate Convention/Following Business Day Convention/Modified Following Business Day Convention/Preceding Business Day Convention] - Adjustment or Unadjustment for Interest

Period:

[Adjusted] or [Unadjusted]

(v) Additional Business Centre(s): […] (vi) Manner in which the Rate of Interest is to be

determined:

[Screen Rate Determination/ISDA Determination/Interest Amount]

(vii) Party responsible for calculating the Rate of Interest and Interest Amount (if not the Agent):

[…]

(viii) Screen Rate Determination: [Yes/No]

- Reference Rate: […]

3

(Insert regular interest payment dates, ignoring issue date or maturity date in the case of a long or short first

or last coupon (NB: This will need to be amended in the case of regular interest payment dates which are not of equal duration) (NB: Only relevant for an issue denominated in Euro where Day Count Fraction is Actual/Actual (ICMA))

(Either LIBOR, EURIBOR, CMS London or CMS

Brussels) (NB: if terms and conditions applicable to the notes are not the 2013 Terms and Conditions, the reference rate must be specified as EURIBOR or LIBOR).

- Interest Determination Date(s): […]

(Second London business day prior to the start of

each Interest Period if LIBOR (other than sterling or Euro LIBOR), first day of each Interest Period if sterling LIBOR and the second day on which the TARGET 2 System is open prior to the start of each Interest Period if CMS London, CMS Brussels, EURIBOR or Euro LIBOR)

- Relevant Screen Page: […] (in accordance with the fallback provisions as set out in Condition (5(b)]

(In the case of EURIBOR, if not Reuters EURIBOR

01 ensure it is a page which shows a composite rate)

(ix) ISDA Determination: [Yes/No]

- Floating Rate Option: […]

- Designated Maturity: […]

- Reset Date: […]

(x) Margin(s): [+/-] […] per cent. per annum

(xi) Minimum Rate of Interest: […] per cent. per annum (NB: if terms and

conditions applicable to the notes are not the 2013 Terms and Conditions, the minimum rate of interest must be specified in the Final Terms (this specification can also include "0 per cent. per annum").

(xii) Maximum Rate of Interest: […] per cent. per annum

(xiii) Day Count Fraction: [Actual/Actual (ICMA)]

[Actual/365] [Actual/365 (Fixed)] [Actual/365 (Sterling)] [Actual/360] [30/360] [Bonds Basis] [30E/360] [30E/360 (ISDA)] [Actual/Actual (ISDA)] [Actual/Actual]

(xiv) Applicable ISDA Definitions: [2000/2006] ISDA Definitions [(as amended and supplemented)]

(xv) Inverse Floating Rate Note [Applicable/Not Applicable] - Fixed Rate of Interest: […] per cent. per annum

19. Zero Coupon Note Provisions: [Applicable/Not Applicable]

(If not applicable, delete the remaining sub-

paragraphs of this paragraph)

(i) Accrual Yield: […] per cent. per annum

(ii) Reference Price: […]

(iii) Day Count Fraction in relation to Early Redemption Amounts and late payment:

[Conditions 7(h) and (l) apply] [Actual/Actual (ICMA)] [Actual/365] [Actual/365 (Fixed)] [Actual/365 (Sterling)] [Actual/360] [30/360] [360/360] [Bonds Basis] [30E/360] [30E/360 (ISDA)] [Actual/Actual (ISDA)] [Actual/Actual]

(Consider applicable day count fraction if not U.S.

dollar denominated).

In document La disortografía (página 55-65)