Access to this website is only granted to users who have read this Acknowledgment and the accompanying Terms and Conditions evidenced by their agreement by clicking the acceptance button below.
BEFORE YOU CLICK THE “ACCEPT” BUTTON, CAREFULLY READ THE FOLLOWING TERMS AND CONDITIONS THAT GOVERN YOUR ACCESS TO, AND USE OF, THIS WEBSITE. IF YOU AGREE TO THE TERMS AND CONDITIONS, CLICK “ACCEPT” AT THE END OF THIS DOCUMENT TO ENTER THIS WEBSITE. IF YOU CLICK “DON’T ACCEPT” YOU WILL NOT BE ABLE TO ENTER THIS WEBSITE. BY CLICKING THE “ACCEPT” BUTTON, YOU ALSO ACKNOWLEDGE THAT YOU ARE A U.S. BROKER-DEALER OR REGISTERED INVESTMENT ADVISOR.
Access Agreement (last updated September 7, 2010)
This RBS United States Structured Products Internet Website (the “website”) is located at http://usmarkets.rbs.com and constitutes a separate portion of the The Royal Bank of Scotland Group plc website. The information on the website is for informational purposes only and is for distribution only to U.S. broker-dealers or registered investment advisors. The distribution of material on the website may be restricted by the laws and regulations of the country from which you are accessing the website. Where such restrictions exist, the information on the website is not intended for distribution to, or use by, any person or entity in any such jurisdiction, and persons accessing these pages are required to inform themselves about and to observe any such restrictions and such investors will not be able to purchase the securities described in the website. This website is not an offer to sell and it is not soliciting an offer to buy any securities in any state or jurisdiction where the offer and sale is not permitted.
The Royal Bank of Scotland N.V. (“RBS N.V.”) and The Royal Bank of Scotland plc (“RBS plc”) have each filed a registration statement (including a prospectus) with the United States Securities and Exchange Commission (the “SEC”) for the offering of securities that are issued by RBS N.V. and guaranteed by RBS Holdings N.V. or that are issued by RBS plc and guaranteed by The Royal Bank of Scotland Group plc. Before you invest in any securities referenced on this website, you should read the prospectus in the relevant registration statement and other documents that have been filed with the SEC for more complete information about relevant issuer and guarantor, and their respective offerings. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, RBS N.V., RBS plc, or their affiliates will arrange to send you the prospectus if you request it by calling toll free 1-(888) 644-2048.
The “Access Agreement” refers the agreements contained in this Acknowledgement and the Terms and Conditions, which is incorporated herein by reference. This Access Agreement is in addition to, and does not supersede, any account or other agreements between RBS N.V., RBS plc, or any of their affiliates and you.
Materials and information posted on the website may be printed for your use, provided that you do not remove any copyright or other proprietary notices or legends. Other than the preliminary offering documents and the final offering documents related to the securities listed on the website, which you may access and download, materials and information posted on the website may not be duplicated, copied, re-disseminated or re-distributed to any other person or entity. You agree that the foregoing prohibitions shall survive the termination of this Access Agreement.
The terms and conditions of this Access Agreement are subject to change. You agree that RBS N.V., RBS plc or any of their affiliates may notify you of any amendments to this Access Agreement by posting the amended terms of the Access Agreement to the website. You are responsible for being familiar with the current version of this Access Agreement posted on the website during each session.
Prices provided through the website are indicative only and thus may reflect estimates or approximations rather than actual prices at which RBS N.V., RBS plc or any of their affiliates would transact in a note or other financial instrument. These prices may be generated by an automatic system that takes various factors into consideration, including information obtained from third parties. RBS N.V., RBS plc or any of their affiliates may carry the related notes or financial instruments on their books at prices other than those provided through the website. In addition, assuming no change in market conditions and all other relevant factors remaining constant, any secondary prices will likely be lower than the issue price since the issue prices included, and the secondary market prices are likely to exclude, commission, discounts, costs or mark-ups with respect to the notes or financial instruments, as well as the profit component included in the cost of hedging our obligations under these securities.
Prices on the website (including those of listed securities on any U.S. securities exchange or quotation system) might lag actual market prices. Prices should therefore be used as a general guide only and should not be understood as the price at which RBS N.V., RBS plc or any of their affiliates would purchase or make a bid for a security or as a guarantee by RBS N.V., RBS plc or any of their affiliates of the accuracy or currency of such prices or of the realizable value of the related securities.
The information on the website reflects certain assumptions and is derived from proprietary models based upon well recognized financial principles and reasonable estimates about market conditions. Valuations and prices based on other models or different assumptions may yield different results. The information may not reflect the prices or valuation you would obtain from any other source, or which you would receive from another dealer.
Information on the website regarding the performance of a security or the underlying or any other financial instrument always relates to the past. Past performance is not indicative of future results.
You agree that access to the website is revocable at any time in the sole discretion of RBS N.V., RBS plc or any of its affiliates.
Consent to Electronic Delivery
By selecting “Accept” below, you are consenting to our delivery to you of the preliminary offering documents, if any, and final offering documents for the offered securities of the relevant issuer by means of electronic delivery. Your consent will continue to be effective for as long as you access and use this website. Please contact us if you want paper copies of the preliminary offering documents or final offering documents delivered to you instead. We will post these preliminary offering documents and final offering documents for the relevant notes or financial instruments on the website in PDF or HTML format, where you can download or print these documents. If you have any questions or require assistance with accessing these documents, please contact us at the number above.
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