INDEX OF DEFINED TERMS - Banca di Legnano
INDEX OF DEFINED TERMS - Banca di Legnano
INDEX OF DEFINED TERMS - Banca di Legnano
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Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:15 – eprint6 – 4247 Section 07<br />
Ad<strong>di</strong>tional Terms and Con<strong>di</strong>tions for Share Linked Notes<br />
(c)<br />
if “Mo<strong>di</strong>fied Postponement” is specified as applying in the applicable Final Terms then:<br />
(i)<br />
(ii)<br />
(iii)<br />
(iv)<br />
where the Share Linked Notes relate to a single Share, the Averaging Date shall be the<br />
first succee<strong>di</strong>ng Valid Date. If the first succee<strong>di</strong>ng Valid Date has not occurred as of<br />
the Valuation Time on the Averaging Cut-Off Date or if such Averaging Date falls on<br />
the Averaging Cut-Off Date owing to the original date on which it was scheduled to<br />
fall not being a Scheduled Tra<strong>di</strong>ng Day for the Share, then (A) the Averaging Cut-Off<br />
Date shall be deemed to be the Averaging Date (irrespective of whether the Averaging<br />
Cut-Off Date is already an Averaging Date), and (B) the Calculation Agent shall<br />
determine the relevant price for that Averaging Date in accordance with sub-paragraph<br />
(a)(ii) of the definition of “Valuation Date” below;<br />
where the Share Linked Notes relate to a Basket of Shares and the applicable Final<br />
Terms provides that “Common Scheduled Tra<strong>di</strong>ng Days” shall not be applicable, the<br />
Averaging Date for each Share not affected by the occurrence of a Disrupted Day shall<br />
be the originally designated Averaging Date (following adjustment of such date owing<br />
to the original date not being a Scheduled Tra<strong>di</strong>ng Day, if applicable) (the “Scheduled<br />
Averaging Date”) and the Averaging Date for a Share affected by the occurrence of a<br />
Disrupted Day shall be the first succee<strong>di</strong>ng Valid Date in relation to such Share. If the<br />
first succee<strong>di</strong>ng Valid Date in relation to such Share has not occurred as of the<br />
Valuation Time on the Averaging Cut-Off Date or if such Averaging Date falls on the<br />
Averaging Cut-Off Date owing to the original date on which it was scheduled to fall<br />
not being a Scheduled Tra<strong>di</strong>ng Day for such Share, then (A) the Averaging Cut-Off<br />
Date shall be deemed to be the Averaging Date (irrespective of whether the Averaging<br />
Cut-Off Date is already an Averaging Date) in relation to such Share, and (B) the<br />
Calculation Agent shall determine the relevant price for that Averaging Date in<br />
accordance with sub-paragraph (b)(ii) of the definition of “Valuation Date” below;<br />
where the Share Linked Notes relate to a Basket of Shares and the applicable Final<br />
Terms provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “In<strong>di</strong>vidual Disrupted<br />
Days” shall be applicable, the Averaging Date for each Share not affected by the<br />
occurrence of a Disrupted Day shall be the originally designated Averaging Date<br />
(following adjustment of such date owing to the original date not being a Common<br />
Scheduled Tra<strong>di</strong>ng Day, if applicable) (the “Scheduled Averaging Date”) and the<br />
Averaging Date for a Share affected by the occurrence of a Disrupted Day shall be the<br />
first succee<strong>di</strong>ng Valid Date in relation to such Share. If the first succee<strong>di</strong>ng Valid Date<br />
in relation to such Share has not occurred as of the Valuation Time on the Averaging<br />
Cut-Off Date or if such Averaging Date falls on the Averaging Cut-Off Date owing to<br />
the original date on which it was scheduled to fall not being a Common Scheduled<br />
Tra<strong>di</strong>ng Day, then (A) the Averaging Cut-Off Date shall be deemed to be the<br />
Averaging Date (irrespective of whether the Averaging Cut-Off Date is already an<br />
Averaging Date) in relation to such Share, and (B) the Calculation Agent shall<br />
determine the relevant price for that Averaging Date in accordance with sub-paragraph<br />
(c)(ii) of the definition of “Valuation Date” below; or<br />
where the Share Linked Notes relate to a Basket of Shares and the applicable Final<br />
Terms provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “Common Disrupted<br />
Days” shall be applicable, the Averaging Date for each Share shall be the first<br />
succee<strong>di</strong>ng Common Valid Date in relation to such Share. If the first succee<strong>di</strong>ng<br />
Common Valid Date has not occurred as of the Valuation Time on the Averaging Cut-<br />
Off Date or if such Averaging Date falls on the Averaging Cut-Off Date owing to the<br />
original date on which it was scheduled to fall not being a Common Scheduled<br />
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