INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:15 – eprint6 – 4247 Section 07
Additional Terms and Conditions for Share Linked Notes
Trading Day, then (A) the Averaging Cut-Off Date shall be deemed to be the
Averaging Date (irrespective of whether the Averaging Cut-Off Date is already an
Averaging Date), and (B) the Calculation Agent shall determine the relevant level or
price for that Averaging Date in accordance with sub-paragraph (d)(ii) of the definition
of “Valuation Date” below,
and, for the purposes of these Share Linked Conditions “Valid Date” means a Scheduled Trading
Day that is not a Disrupted Day and on which another Averaging Date does not or is deemed not to occur,
and “Common Valid Date” means a Common Scheduled Trading Day that is not a Disrupted Day for any
Share and on which another Averaging Date does not or is deemed not to occur.
“Barrier Event Determination Day” means, in respect of each Share and each Observation Period:
(a)
(b)
if the applicable Final Terms provides that “Barrier Event (intraday)” is applicable, each day
on which the price of such Share is quoted on the relevant Exchange during such Observation
Period, regardless of whether or not such day is a Scheduled Trading Day for such Share
(and, for the avoidance of doubt, if the Calculation Agent in its sole and absolute discretion
determines that a Market Disruption Event is occurring at any time on any Barrier Event
Determination Day, it shall disregard the period during which it determines in its sole and
absolute discretion that such Market Disruption Event has occurred and is continuing for the
purposes of determining whether or not a Barrier Event (intraday) has occurred); or
if the applicable Final Terms provides that “Barrier Event (closing)” is applicable, each
Scheduled Trading Day for such Share during such Observation Period that is not a
Disrupted Day for such Share.
“Barrier Event Valuation Time (closing)” means, in respect of each Share to be valued, the
Scheduled Closing Time on the relevant Exchange on the relevant Barrier Event Determination Day. If the
relevant Exchange closes prior to its Scheduled Closing Time and the specified Barrier Event Valuation
Time (closing) is after the actual closing time for its regular trading session, then the Barrier Event
Valuation Time (closing) shall be such actual closing time
“Barrier Event Valuation Time (intraday)” means any time during the regular trading session
(without regard to any after hours or any other trading outside of the regular session) on the Exchange.
“Barrier Level” means, in respect of a Share, such price for such Share as is specified in the
applicable Final Terms.
“Basket of Shares” means a basket composed of Shares in their relative proportions or number of
Shares, as specified in the applicable Final Terms.
“Common Scheduled Trading Day” means, in respect of a Basket of Shares, each day which is a
Scheduled Trading Day for all the Shares in the Basket of Share.
“Disrupted Day” means any Scheduled Trading Day on which a relevant Exchange or any Related
Exchange fails to open for trading during its regular trading session or on which a Market Disruption
Event has occurred.
“Early Closure” means the closure on any Exchange Business Day of the relevant Exchange or any
Related Exchange(s) prior to its Scheduled Closing Time unless such earlier closing time is announced by
such Exchange(s) or Related Exchange(s) at least one hour prior to the earlier of (i) the actual closing time
for the regular trading session on such Exchange(s) or Related Exchange(s) on such Exchange Business
Day, and (ii) the submission deadline for orders to be entered into the Exchange or Related Exchange
system for execution at the Valuation Time on such Exchange Business Day.
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