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 />
Scheduled Observation Date up to and inclu<strong>di</strong>ng the Observation Cut-Off Date is a Disrupted<br />
Day relating to the Affected Share. In that case, or if such Observation Date falls on the<br />
Observation Cut-Off Date owing to the original date on which it was scheduled to fall not<br />
being a Scheduled Tra<strong>di</strong>ng Day for such Share, (i) the Observation Cut-Off Date shall be<br />
deemed to be that Observation Date for such Share (notwithstan<strong>di</strong>ng the fact that such day<br />
may be a Disrupted Day) and (ii) the Calculation Agent shall determine the relevant price<br />
using, in relation to such Share, a price determined in the manner set out in the applicable<br />
Final Terms or, if not set out or if not practicable, using its good faith estimate of the price<br />
for such Share as of the Valuation Time on the Observation Cut-Off Date, and otherwise in<br />
accordance with the above provisions;<br />
(c)<br />
(d)<br />
where the Share Linked Notes relate to a Basket of Shares and the applicable Final Terms<br />
provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “In<strong>di</strong>vidual Disrupted Days” shall be<br />
applicable, that Observation Date for each Share not affected by the occurrence of a<br />
Disrupted Day shall be the Scheduled Observation Date (or if the Scheduled Observation<br />
Date is not a Common Scheduled Tra<strong>di</strong>ng Day, the imme<strong>di</strong>ately following Common<br />
Scheduled Tra<strong>di</strong>ng Day, or in either case, if earlier, the Observation Cut-Off Date) and that<br />
Observation Date for each Share affected (each an “Affected Share”) by the occurrence of a<br />
Disrupted Day shall be the first succee<strong>di</strong>ng Scheduled Tra<strong>di</strong>ng Day that is not a Disrupted<br />
Day relating to the Affected Share, unless each of the Scheduled Tra<strong>di</strong>ng Days imme<strong>di</strong>ately<br />
following the Scheduled Observation Date (or if the Scheduled Observation Date is not a<br />
Common Scheduled Tra<strong>di</strong>ng Day, the imme<strong>di</strong>ately following Common Scheduled Tra<strong>di</strong>ng<br />
Day) up to and inclu<strong>di</strong>ng the Observation Cut-Off Date is a Disrupted Day relating to the<br />
Affected Share. In that case, or if such Observation Date falls on the Observation Cut-Off<br />
Date owing to the original date on which it was scheduled to fall not being a Common<br />
Scheduled Tra<strong>di</strong>ng Day for such Share, (i) the Observation Cut-Off Date shall be deemed to<br />
be that Observation Date for such Share (notwithstan<strong>di</strong>ng the fact that such day may be a<br />
Disrupted Day for a Share or not a Common Scheduled Tra<strong>di</strong>ng Day) and (ii) the Calculation<br />
Agent shall determine the relevant price using, in relation to such Share, a price determined<br />
in the manner set out in the applicable Final Terms or, if not set out or if not practicable,<br />
using its good faith estimate of the price for such Share as of the Valuation Time on the<br />
Observation Cut-Off Date, and otherwise in accordance with the above provisions; or<br />
where the Share Linked Notes relate to a Basket of Shares and the applicable Final Terms<br />
provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “Common Disrupted Days” shall be<br />
applicable, that Observation Date shall be the first succee<strong>di</strong>ng Common Scheduled Tra<strong>di</strong>ng<br />
Day that is not a Disrupted Day for any Share, unless each of the Common Scheduled<br />
Tra<strong>di</strong>ng Days imme<strong>di</strong>ately following the Scheduled Observation Date up to and inclu<strong>di</strong>ng the<br />
Observation Cut-Off Date is a Disrupted Day for one or more Shares. In that case, or if such<br />
Observation Date falls on the Observation Cut-Off Date owing to the original date on which<br />
it was scheduled to fall not being a Common Scheduled Tra<strong>di</strong>ng Day, (i) the Observation<br />
Cut-Off Date shall be deemed to be that Observation Date (notwithstan<strong>di</strong>ng the fact that such<br />
day may be a Disrupted Day for a Share or not a Common Scheduled Tra<strong>di</strong>ng Day) and (ii)<br />
the Calculation Agent shall determine the relevant price using, in relation to each Share for<br />
which the Observation Cut-Off Date is a Disrupted Day or is not a Common Scheduled<br />
Tra<strong>di</strong>ng Day, a price determined in the manner set out in the applicable Final Terms or, if not<br />
set out or if not practicable, using its good faith estimate of the price for such Share as of the<br />
Valuation Time on the Observation Cut-Off Date, and otherwise in accordance with the above<br />
provisions.<br />
“Observation Period” means, in respect of a Share:<br />
112
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