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
“Payment Disruption Event” means:
(a)
(b)
(c)
the occurrence of either (a) an Inconvertibility Event and/or (b) a Non-Transferability
Event (each as defined in Annex 4 – Additional Terms and Conditions for FX Linked
Notes);
the imposition by the Subject Currency Jurisdiction (or any political or regulatory
authority thereof) of any capital controls, or the publication of any notice of an
intention to do so, which the Calculation Agent determines in good faith is likely
materially to affect the Notes, and notice thereof is given by the Issuer to the
Noteholders in accordance with Condition 14; or
the implementation by the Subject Currency Jurisdiction (or any political or regulatory
authority thereof) or the publication of any notice of an intention to implement any
changes to the laws or regulations relating to foreign investment in the Subject
Currency Jurisdiction (including, but not limited to, changes in tax laws and/or laws
relating to capital markets and corporate ownership), which the Calculation Agent
determines are likely to affect materially the Issuer’s ability to hedge its obligations
under the Notes;
“Payment Event Cut-Off Date” means the date which is one year after the Maturity Date,
or as determined by the Calculation Agent acting in good faith and notified to Noteholders in
accordance with Condition 14;
“Subject Currency” has the meaning given to it in Annex 4 – Additional Terms and
Conditions for FX Linked Notes; and
“Subject Currency Jurisdiction” has the meaning given to it in Annex 4 – Additional Terms
and Conditions for FX Linked Notes.
6. Redemption and Purchase
(a)
At Maturity
Unless previously redeemed or purchased and cancelled as specified below, the Issuer will redeem
each Note at an amount (the “Final Redemption Amount” (or, in the case only of Physical Delivery
Notes, by delivery of the Entitlement (as provided in the Physical Delivery Conditions))) specified in, or
determined in the manner specified in the applicable Final Terms in the relevant Specified Currency on the
Maturity Date.
For the purposes of these Terms and Conditions, “Redemption Amount” shall mean the Final
Redemption Amount, Disruption Cash Settlement Price, Failure to Deliver Settlement Price, Early
Redemption Amount, Optional Redemption Amount, Minimum Redemption Amount, Higher Redemption
Amount (each as defined below), or any other amount specified in the applicable Final Terms as being the
amount for which the Notes are to be redeemed, as the context may require.
(b)
Redemption for Tax Reasons
The Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time (in the
case of Fixed-Rate Notes) or on any Interest Payment Date (in the case of Notes other than Fixed-Rate
Notes), on giving not less than 30 nor more than 60 calendar days’ notice (which notice shall be
irrevocable) to the Principal Agent and to the Noteholders, in accordance with Condition 14, if:
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