|Lead manager||Leader of the consortium in the case of an issue (banks, brokers).|
|Legal investments||Cover fund of the issuer (i.e. debtor) in favour of the Republic of Austria. Bonds that are considered eligible investment such as collateralised bonds, government bonds, mortgage bonds, and municipal bonds (i.e. public mortgage bonds).|
|Leverage (effect)||The leverage effect is a multiplying effect. The investor (e.g. of options and futures) can fully participate in the price movements of the underlying at only a fraction of the capital invested (in comparison with the investment in the underlying, e.g. shares). The leverage indicates at what rate the warrant reflects the price movements of the underlying instrument.|
|Limit||Maximum/minimum accepted price for buying/selling on the stock exchange.|
|Liquidity||Quickly disposable money.|
|Loss||Difference between the purchase price and the lower sales price.|
Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).
The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.
Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.
The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.
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By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.