INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:03 – eprint6 – 4247 Section 04
The following legend will appear on all Bearer Global Notes, Bearer Definitive Notes, receipts,
talons, and coupons:
“Any United States person who holds this obligation will be subject to limitations under the United
States income tax laws, including the limitations provided in Sections 165(j) and 1287(a) of the
Internal Revenue Code.”
The sections referred to provide that United States holders, with certain exceptions, will not be
entitled to deduct any loss on Notes, receipts, or coupons and will not be entitled to capital gains treatment
of any gain on any sale, disposition, or payment of principal in respect of Notes, receipts, or coupons.
The following legend will appear on all Bearer Global Notes, Bearer Definitive Notes, receipts, and
coupons that have a maturity (at issue) of 183 days or less and a face amount or principal amount of not
less than U.S. $500,000 (as determined based on the spot rate on the date of issuance if in a currency other
than U.S. Dollars):
“By accepting this obligation, the holder represents and warrants that it is not a United States
person (other than an exempt recipient described in Section 6049(b)(4) of the Internal Revenue Code and
the regulations thereunder) and that it is not acting for or on behalf of a United States person (other than
an exempt recipient described in Section 6049(b)(4) of the Internal Revenue Code and the regulations
thereunder).”
This legend essentially certifies that the holder is not subject to United States information reporting
requirements.
Unless otherwise stated in the applicable Final Terms, payments of principal, premium, if any,
interest, or any other amounts on a Bearer Permanent Global Note will be made through the Relevant
Clearing System outside the United States and its possessions against presentation or surrender (as the
case may be) of the Bearer Permanent Global Note (if the Bearer Permanent Global Note is issued in CGN
form) without any requirement for certification. All payments and deliveries on the Notes in bearer form
will be made outside the United States and its possessions. A Bearer Permanent Global Note will be
exchangeable (free of charge to the Noteholder), in whole, but not in part, under the circumstances
described under “Terms and Conditions of the Notes” for security-printed Bearer Definitive Notes with,
where applicable, receipts, interest coupons, and talons attached, upon not less than 60 calendar days’
written notice to the Principal Agent. Bearer Global Notes and Bearer Definitive Notes will be issued
pursuant to the Agency Agreement. Interests in any such Bearer Definitive Notes may continue to be held
through the Relevant Clearing System.
Registered Notes
Form of the Notes
Unless otherwise agreed to by the Issuer and the relevant Dealers, each Tranche of Notes in
registered form will initially be represented by a Registered Global Certificate or by a Registered
Definitive Certificate, one Registered Certificate being issued in respect of each Noteholder’s entire
holding of Registered Notes of one Series. Each Registered Global Certificate will be deposited on or prior
to the issue date of the relevant Tranche of Notes with either: (a) the Common Depositary for the Relevant
Clearing System, in the case of a Registered Global Certificate not intended to be issued under the NSS
and registered in the name of a nominee of the Relevant Clearing System; or (b) the Common Safekeeper
for the Relevant Clearing System, in the case of a Registered Global Certificate intended to be issued
under the NSS, and registered in the name of a nominee of the Common Safekeeper. Beneficial interests in
a Registered Global Certificate will be exchangeable for Registered Definitive Notes only in the limited
circumstances described under “Terms and Conditions of the Notes”.
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