INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:12 – eprint6 – 4247 Section 06
Additional Terms and Conditions for Index Linked Notes
ANNEX 1
ADDITIONAL TERMS AND CONDITIONS FOR INDEX LINKED NOTES
The terms and conditions applicable to Index Linked Notes shall comprise the Terms and
Conditions of the Notes and the additional Terms and Conditions set out below (the “Index Linked
Conditions”), in each case subject to completion and/or amendment in the applicable Final Terms. In the
event of any inconsistency between the Terms and Conditions of the Notes and the Index Linked
Conditions, the Index Linked Conditions shall prevail. In the event of any inconsistency between (i) the
Terms and Conditions of the Notes and/or the Index Linked Conditions and (ii) the Final Terms, the Final
Terms shall prevail.
1. Definitions
For the purposes of these Index Linked Conditions:
“Averaging Cut-Off Date” means the eighth Scheduled Trading Day (or, where the Index Linked
Notes relate to a Basket of Indices and the applicable Final Terms provides that “Common Scheduled
Trading Days” shall be applicable, the eighth Common Scheduled Trading Day) immediately following the
original date that, but for the occurrence of another Averaging Date or Disrupted Day, or on account of
such date not being a Scheduled Trading Day (or, where the Index Linked Notes relate to a Basket of
Indices and the applicable Final Terms provides that “Common Scheduled Trading Days” shall be
applicable, a Common Scheduled Trading Day), would have been the final Averaging Date, or, if earlier,
the Scheduled Trading Day (or, where the Index Linked Notes relate to a Basket of Indices and the
applicable Final Terms provides that “Common Scheduled Trading Days” shall be applicable, the Common
Scheduled Trading Day) falling on or immediately preceding the second Business Day immediately
preceding the date on which payment of any amount or delivery of any assets may have to be made
pursuant to any calculation or determination made on the relevant Averaging Dates, provided that the
Averaging Cut-Off Date shall not fall prior to the original date on which the final Averaging Date was
scheduled to fall.
“Averaging Date” means each date specified as an Averaging Date in the applicable Final Terms or,
if any such date is not a Scheduled Trading Day, the immediately following Scheduled Trading Day, or, if
earlier, the Averaging Cut-Off Date (or, where the Index Linked Notes relate to a Basket of Indices and the
applicable Final Terms provides that “Common Scheduled Trading Days” shall be applicable, each date
specified as an Averaging Date in the applicable Final Terms or, if any such date is not a Common
Scheduled Trading Day, the immediately following Common Scheduled Trading Day). If any such day is a
Disrupted Day:
(a)
(b)
if “Omission” is specified as applying in the applicable Final Terms, then such date will be
deemed not to be an Averaging Date for the purposes of determining the relevant level or
price provided that, if through the operation of this provision there would not be an
Averaging Date, then the provisions of the definition of “Valuation Date” will apply for
purposes of determining the relevant level or price on the final Averaging Date, as if such
final Averaging Date were a Valuation Date that was a Disrupted Day; or
if “Postponement” is specified as applying in the applicable Final Terms, then the provisions
of the definition of “Valuation Date” will apply for the purposes of determining the relevant
level, price or amount on that Averaging Date as if such Averaging Date were a Valuation
Date that was a Disrupted Day irrespective of whether, pursuant to such determination, that
deferred Averaging Date would fall on a day that already is or is deemed to be an Averaging
Date; or
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