INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:06 – eprint6 – 4247 Section 05
(3) the “Modified Following Business Day Convention”, such Interest Payment Date (or
other date) shall be postponed to the next day which is a Business Day, unless that
date would fall in the next calendar month, in which event such Interest Payment Date
(or other such date) shall be brought forward to the immediately preceding Business
Day; or
(4) the “Preceding Business Day Convention”, such Interest Payment Date (or other
date) shall be brought forward to the immediately preceding Business Day.
If an Interest Payment Date adjusted in accordance with the applicable Business Day Convention
falls after the last day of the Interest Period to which it relates, no additional interest or other amount shall
be payable.
“Business Day” means a day which is both:
Terms and Conditions of the Notes
(A)
(B)
a day (other than a Saturday or Sunday) on which commercial banks and foreign
exchange markets settle payments and are open for general business (including dealing
in foreign exchange and foreign currency deposits) in London and New York, New
York and any additional business centers specified in the applicable Final Terms (each,
an “Additional Business Center”); and
either (1) for any sum payable in a Specified Currency other than euro, a day on which
commercial banks and foreign exchange markets settle payments and are open for
general business (including dealing in foreign exchange and foreign currency deposits)
in the principal financial center(s) (the “Principal Financial Center(s)”) of the
country of the relevant Specified Currency (if other than London) or (2) for any sum
payable in euro, a day on which the Trans-European Automated Real-Time Gross
Settlement Express Transfer (TARGET2) System or any successor thereto is operating.
Unless otherwise provided in the applicable Final Terms, the Principal Financial Center of
any Specified Currency for the purpose of these Terms and Conditions shall be the relevant
financial center (if any) specified for the relevant Specified Currency in Section 1.5 or
Section 1.6 of the ISDA Definitions, except that the Principal Financial Centers for
Australian Dollars shall be Melbourne and Sydney, the Principal Financial Center for
Canadian Dollars shall be Toronto, and the Principal Financial Center for New Zealand
Dollars shall be Wellington.
The term “ISDA Definitions” means the 2006 ISDA Definitions (as published by ISDA) and as
amended, updated, or replaced as at the Issue Date of the first Tranche of the Notes of the relevant Series.
(ii)
Rate of Interest on Floating-Rate Notes
The Rate of Interest payable on Floating-Rate Notes will be set forth in the applicable Final Terms.
(A)
ISDA Determination for Floating-Rate Notes
Where ISDA Determination is specified in the applicable Final Terms as the manner in
which the Rate of Interest is to be determined, the Rate of Interest for each Interest
Period will be the relevant ISDA Rate plus or minus (as indicated in the applicable
Final Terms) the margin (the “Margin”), if any. For purposes of this sub-paragraph
(A), the “ISDA Rate” for an Interest Period means a rate determined by the Principal
Agent or such other person specified in the applicable Final Terms that is equal to the
Floating Rate under an interest rate swap transaction if the Principal Agent or such
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