INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:06 – eprint6 – 4247 Section 05
Terms and Conditions of the Notes
Currency for the relevant Interest Period to leading banks in the London interbank market in the case of
LIBOR or leading banks in the Euro-Zone interbank market in the case of EURIBOR, at approximately
11:00 a.m. (London time in the case of LIBOR, or Brussels time in the case of EURIBOR) on the Interest
Determination Date in question. If two or more of the Reference Banks provide the Calculation Agent with
such offered quotations, the Rate of Interest for such Interest Period shall be the arithmetic mean (rounded
if necessary to the fifth decimal place, with 0.000005 being rounded upwards) of such offered quotations
plus or minus (as appropriate) the Margin, if any, all as determined by the Calculation Agent.
If on any Interest Determination Date only one or none of the Reference Banks provides the
Calculation Agent with such offered quotations as provided in the preceding paragraph, the Rate of Interest
for the relevant Interest Period shall be the rate per annum which the Calculation Agent determines to be
the arithmetic mean (rounded as provided above) of the rates, as communicated to (and at the request of)
the Calculation Agent by any two or more of the Reference Banks, at which such banks were offered, at
approximately 11:00 a.m. (London time in the case of LIBOR, or Brussels time in the case of EURIBOR)
on the relevant Interest Determination Date, deposits in the Specified Currency for the relevant Interest
Period by leading banks in the London interbank market in the case of LIBOR, or leading banks in the
Euro-Zone interbank market in the case of EURIBOR, plus or minus (as appropriate) the Margin, if any. If
fewer than two of the Reference Banks provide the Calculation Agent with such offered quotations, the
Rate of Interest shall be the offered quotation for deposits in the Specified Currency for the relevant
Interest Period, or the arithmetic mean (rounded as provided above) of the offered quotations for deposits
in the Specified Currency for the relevant Interest Period, at which, at approximately 11:00 a.m. (London
time in the case of LIBOR, or Brussels time in the case of EURIBOR) on the relevant Interest
Determination Date, any one or more banks informs the Calculation Agent it is quoting to leading banks in
the London interbank market in the case of LIBOR or leading banks in the Euro-Zone interbank market in
the case of EURIBOR, plus or minus (as appropriate) the Margin, if any, provided that if the Rate of
Interest cannot be determined in accordance with the foregoing provisions of this paragraph, the Rate of
Interest shall be determined as at the last preceding Interest Determination Date (though substituting,
where a different Margin is to be applied to the relevant Interest Period from that which applied to the last
preceding Interest Period, the Margin relating to the relevant Interest Period, in place of the Margin
relating to that last preceding Interest Period).
“Reference Banks” means, in the case of (1) above, those banks whose offered rates were used to
determine such quotation when such quotation last appeared on the Relevant Screen Page and in the case
of (2) above, those banks whose offered quotations last appeared on the Relevant Screen Page when no
fewer than three such offered quotations appeared.
“EC Treaty” means the Treaty establishing the European Community, as amended by the Treaty on
European Union, as amended by the Treaty of Amsterdam.
“Euro-Zone” means the region comprised of member states of the European Union that have
adopted the euro as the single currency in accordance with the EC Treaty.
If the Reference Rate from time to time for Floating-Rate Notes is specified in the applicable Final
Terms as being other than LIBOR or EURIBOR, the Rate of Interest in respect of such Notes will be
determined as provided in the applicable Final Terms.
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