INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:19 – eprint6 – 4247 Section 08
Additional Terms and Conditions for FX Linked Notes
ANNEX 4
ADDITIONAL TERMS AND CONDITIONS FOR FX LINKED NOTES
The terms and conditions applicable to FX Linked Notes shall comprise the Terms and Conditions
of the Notes and the additional Terms and Conditions set out below (the “FX 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 FX Linked Conditions, the FX
Linked Conditions shall prevail. In the event of any inconsistency between (i) the Terms and Conditions of
the Notes and/or FX Linked Conditions and (ii) the Final Terms, the Final Terms shall prevail.
1. Definitions
“Averaging Cut-Off Date” means, in respect of an Averaging Date, the fifth FX Business Day
immediately following the original date on which the final Averaging Date was scheduled to fall, or, if
earlier, the FX Business 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 such Averaging Date, provided that the Averaging
Cut-Off Date shall not fall prior to the original date on which such final Averaging Date was scheduled to
fall.
“Averaging Date” means each Averaging Date specified in the applicable Final Terms, or, if that is
not an FX Business Day the first following day which is an FX Business Day, or, if earlier the Averaging
Cut-Off Date (such day, the “Scheduled Averaging Date” corresponding to such Averaging Date). If an
Averaging Date falls on the Averaging Cut-Off Date, then, subject to the applicable Final Terms, the next
applicable Disruption Fallback specified as a consequence of an FX Market Disruption Event shall apply
(as if an FX Market Disruption Event had occurred), or, if none is specified, Calculation Agent
Determination shall be deemed to apply.
“Base Currency” means the currency specified as such in the applicable Final Terms.
“Calculation Agent Determination” means, in respect of a Currency Price and any relevant day,
that such Currency Price for such relevant day (or a method for determining such Currency Price) will be
determined by the Calculation Agent taking into consideration all available information that in good faith
it deems relevant.
“Currency Price” means, in relation to each Note, the Currency Price specified in the applicable
Final Terms, or if not so specified in the applicable Final Terms, in respect of each Subject Currency, an
amount equal to the spot rate of exchange appearing on the FX Price Source at the Valuation Time on (a) if
Averaging is not specified in the applicable Final Terms, the Valuation Date or (b) if Averaging is specified
in the applicable Final Terms, an Averaging Date, for the exchange of such Subject Currency into the Base
Currency (expressed as the number of units (or part units) of the Subject Currency for which one unit of
the Base Currency can be exchanged).
“Currency-Reference Dealers” means, in respect of any relevant day, that the Calculation Agent
will request each of the Reference Dealers to provide a quotation of its rate at which it will buy one unit of
the Base Currency in units of the Subject Currency at the applicable Valuation Time on such relevant day.
If, for any such rate, at least two quotations are provided, the relevant rate will be the arithmetic mean of
the quotations. If fewer than two quotations are provided for any such rate, the relevant rate will be the
arithmetic mean of the relevant rates quoted by major banks in the relevant market, selected by the
Calculation Agent at or around the applicable Valuation Time on such relevant day.
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