Legislative Covered Bond Programme

Canadian Imperial Bank of Commerce Legislative Covered Bond Programme - Terms of Access

PLEASE READ CAREFULLY THE FOLLOWING TERMS AND CONDITIONS. BY ACCESSING THIS SITE AND THE INFORMATION CONTAINED HEREIN, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW. IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS, DO NOT ACCESS THIS SITE OR ANY OF THE INFORMATION CONTAINED HEREIN.


Investment Professionals

Before reviewing the material relating to the Programme, you must acknowledge that (a) you are a person whose ordinary activities involve you in acquiring, holding, managing or disposing of investments (as principal or agent) for the purposes of your business; (b) you will not offer or sell any securities under the Programme other than to persons: (i) whose ordinary activities involve them in acquiring, holding, managing or disposing of investments (as principal or agent) for the purposes of their businesses or (ii) who it is reasonable to expect will acquire, hold, manage or dispose of investments (as principal or agent) for the purposes of their business; and (c) you have complied and will comply with all applicable provisions of the Financial Services and Markets Act 2000 of the United Kingdom with respect to anything done by you in relation to any securities under the Programme in, from or otherwise involving the United Kingdom.

The securities offered under the Programme are available only to persons having professional experience in matters relating to investments. Persons who do not have professional experience in matters relating to investments should not access this site.


Use of Information

The information and data contained herein is confidential and is intended solely for your personal use and internal informational use only and may not be reproduced, disseminated or distributed in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of Canadian Imperial Bank of Commerce in each specific instance.


No Offer or Solicitation

Neither this site nor anything contained herein shall constitute financial, legal, tax or other advice or an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. There shall be no sale of any securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to qualification under the securities laws of such state or jurisdiction. Any products or services mentioned herein shall only be available subject to local legal and regulatory requirements.


Legal Considerations

The distribution material on this site may be restricted by local law in jurisdictions other than the United Kingdom and failure to comply with such restrictions may constitute a violation of the laws of any such other jurisdiction. Persons accessing this site should inform themselves about, and observe any such restrictions.

Nothing in this site constitutes an offer of securities for sale in the United States. The Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended (the Securities Act). It is not intended that the Securities will be registered under the Securities Act or any U.S. state securities laws.

Persons accessing this site are deemed to represent that they are either (i) not a U.S. person (within the meaning of Regulation S) or acting for the account or benefit of a U.S. person and the person accessing this site is not located in the United States, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands) or the District of Columbia or (ii) a qualified institutional buyer in reliance upon Rule 144A under the Securities Act or (iii) an institutional accredited investor within the meaning of Rule 501(a)(1),(2),(3) or (7) under the Securities Act and (d) if you are a person in the United Kingdom, then you are a person who (i) has professional experience in matters relating to investments and/or (ii) is a high net worth entity falling within Article 49(2)(a) to (e) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.


No Liability

The material on this site has no regard to the specific investment objectives, financial situation or particular needs of any recipient. The information is historical in nature and should not be relied on when making any investment decision. The information contained herein has been obtained and based upon sources (internal and/or external) believed by Canadian Imperial Bank of Commerce to be accurate, without having conducted any independent investigation, and reflects Canadian Imperial Bank of Commerce's views only as of the date of such information. Canadian Imperial Bank of Commerce makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein, including the future performance of any security, investment or strategy presented and the information contained herein should not be relied upon as such. Past performance, statistical or historical data contained herein should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Actual outcomes and results may differ materially from what is expressed or implied herein. Canadian Imperial Bank of Commerce is under no obligation to update or keep current the information on this site or to notify any party in respect thereto. No liability whatsoever is or will be accepted by Canadian Imperial Bank of Commerce for any loss or damage (including the avoidance of any losses) howsoever arising from any use of this site or its contents. Notwithstanding the foregoing, this limitation of liability shall not apply to an investor in respect of the investor utilizing this site to obtain access to the published covered bond prospectuses in relation to the Programme of Canadian Imperial Bank of Commerce in electronic form.


Trademarks

Trademarks, logos, titles, phrases, icons, graphics, designs and service marks ("Trademarks") displayed at this site are registered or unregistered trademarks of ClBC and of other parties. Nothing at this site shall be construed as granting, by implication, estoppel or otherwise, any license or right to use any of CIBC's Trademarks. CIBC reserves all rights with respect to copyright and trademark ownership of all material on the site, and will enforce such rights to the full extent of the law. Any unauthorized use of any of the Trademarks or any materials protected by copyright will be a violation of CIBC's statutory or common law rights and may result in legal action being taken against those who are using the Trademarks or copyrighted materials without authorization.


Forward-Looking Statements

From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including in this site, in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission and in other communications. These statements include, but are not limited to, statements about our operations, business lines, financial condition, risk management, priorities, targets, ongoing objectives, strategies and outlook for 2013 and subsequent periods. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate" and other similar expressions or future or conditional verbs such as "will", "should", "would" and "could". By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific. A variety of factors, many of which are beyond our control, affect our operations, performance and results and could cause actual results to differ materially from the expectations expressed in any of our forward-looking statements. These factors include credit, market, liquidity, strategic, operational, reputation and legal, regulatory and environmental risk; the effectiveness and adequacy of our risk management models and processes; legislative or regulatory developments in the jurisdictions where we operate; amendments to, and interpretations of, risk-based capital guidelines and reporting instructions; the resolution of legal proceedings and related matters; the effect of changes to accounting standards, rules and interpretations; changes in our estimates of reserves and allowances; changes in tax laws; changes to our credit ratings; political conditions and developments; the possible effect on our business of international conflicts and the war on terror; natural disasters, public health emergencies, disruptions to public infrastructure and other catastrophic events; reliance on third parties to provide components of our business infrastructure; the accuracy and completeness of information provided to us by clients and counterparties; the failure of third parties to comply with their obligations to us and our affiliates; intensifying competition from established competitors and new entrants in the financial services industry; technological change; global capital markets activity; changes in monetary and economic policy; currency value fluctuations; general business and economic conditions worldwide, as well as in Canada, the U.S. and other countries where we have operations; changes in market rates and prices which may adversely affect the value of financial products; our success in developing and introducing new products and services, expanding existing distribution channels, developing new distribution channels and realizing increased revenue from these channels; changes in client spending and saving habits; our ability to attract and retain key employees and executives; our ability to successfully execute our strategies and complete and integrate acquisitions and joint ventures; and our ability to anticipate and manage the risks associated with these factors. This list is not exhaustive of the factors that may affect any of our forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on our forward-looking statements. We do not undertake to update any forward-looking statement that is contained in this site or in other communications except as required by law.


Language

By using this website you acknowledge that you have expressly consented that this website and any related materials be drawn up in English. En utilisant ce site web, vous reconnaissez avoir expressément consenti que ce site web et tous les matériaux s'y rattachant soient rédigés en anglais.

Click as appropriate below to enter or exit this site:

I ACKNOWLEDGE AND CONFIRM THAT I HAVE READ, UNDERSTAND AND ACCEPT THE ABOVE TERMS AND CONDITIONS.