Prospectus supplement US007924AH66 - Aegon

The limitations described above do not apply to a suit instituted by a holder of a debt security for
the enforcement of payment of the principal, interest or premium on that debt security on or after the
applicable due date specified in that debt security.
We will be required to furnish to each trustee annually a statement by our officers as to whether
or not we are in default in the performance of any of the terms of the indenture.
Subordination
The indebtedness evidenced by the subordinated debt securities will, to the extent provided
pursuant to the indenture with respect to each series of subordinated debt securities, be subordinate in
right of payment to the prior payment in full of all of our senior debt, as defined, including any senior
debt securities and any subordinated debt securities that are defined as senior debt for purposes of a
particular series of subordinated debt securities. The prospectus supplement or, if applicable, the
pricing supplement relating to any subordinated debt securities will summarize the subordination
provisions of the indenture applicable to that series including:
• the applicability and effect of such provisions upon any payment or distribution of our assets to
creditors upon any liquidation, bankruptcy, insolvency or similar proceedings;
• the applicability and effect of such provisions in the event of specified defaults with respect to
senior debt, including the circumstances under which and the periods in which we will be
prohibited from making payments on the subordinated debt securities; and
• the definition of senior debt applicable to the subordinated debt securities of that series
including whether and to what extent the subordinated debt of that series shall be subordinated
to other subordinated debt of their issuer.
In the event and during the continuation of any default in the payment of any senior debt
continuing beyond any applicable grace period specified in the instrument evidencing that senior debt
(unless and until the default shall have been cured or waived or shall have ceased to exist), no
payments on account of principal, premium, if any, or interest, if any, on the subordinated debt
securities or sums payable with respect to the conversion or exchange, if applicable, of the subordinated
debt securities may be made pursuant to the subordinated debt securities.
Upon payment or distribution of our assets to creditors upon dissolution or winding-up or total or
partial liquidation or reorganization, whether voluntary or involuntary in bankruptcy, insolvency,
receivership or other proceedings, the holders of our senior debt will be entitled to receive payment in
full of all amounts due on the senior debt before any payment is made by us on account of principal,
premium, if any, or interest, if any, on the subordinated debt securities.
By reason of this subordination, in the event of our insolvency, holders of subordinated debt
securities may recover less, ratably, and holders of senior debt may recover more, ratably, than our
other creditors. The indenture does not limit the amount of senior debt that we may issue.
Limitation on Liens
Unless otherwise specified in a prospectus supplement or, if applicable, the pricing supplement
relating to a series of debt securities, so long as any of the debt securities of that series remain
outstanding, the issuer and its subsidiaries may not secure any indebtedness in respect of borrowed
moneys having an original maturity of more than two years by granting security upon any of their
present or future assets or revenues unless they effectively provide that the same or equal and ratable
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