INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:19 – eprint6 – 4247 Section 08
such Valuation Date shall be subject to adjustment in accordance with paragraph 3
(Consequences of an FX Disrupted Day) and paragraph 4 (EM Currency Provisions:
Unscheduled Holiday) below.
“Valuation Time” means the Valuation Time specified in the applicable Final Terms.
2. Consequences of an FX Disrupted Day
If the Calculation Agent determines that any Valuation Date or Averaging Date is an FX Disrupted
Day, then the Currency Price for such Valuation Date or Averaging Date will be determined in accordance
with the terms of the first applicable Disruption Fallback. The applicable Final Terms may provide that one
or more Disruption Fallbacks may apply to any Valuation Date or Averaging Date and that such applicable
Disruption Fallbacks may apply concurrently or sequentially, in such manner as specified in the applicable
Final Terms.
3. EM Currency Provisions: Unscheduled Holiday
Additional Terms and Conditions for FX Linked Notes
(a)
(b)
If the applicable Final Terms provides that the EM Currency Provisions shall apply to a
Currency Price or Fallback Reference Price, as applicable, and any Valuation Date or
Averaging Date, and that Unscheduled Holidays shall be applicable, then, if the Calculation
Agent determines that the relevant Scheduled Valuation Date or Scheduled Averaging Date,
as applicable (each, a “Scheduled Reference Date”) is an Unscheduled Holiday for such
Currency Price or Fallback Reference Price, then the Valuation Date or Averaging Date shall
be postponed to the first FX Business Day falling after the Scheduled Reference Date (the
“Adjusted Scheduled Reference Date”), provided that if such first FX Business Day has not
occurred on or before the last day of the Maximum Days of Deferral, then the next day after
the Last Deferred Date that would have been an FX Business Day but for a Unscheduled
Holiday shall be deemed to be the Adjusted Scheduled Reference Date.
The following terms and expressions shall have the following meanings:
“Last Deferred Day” means, in respect of any postponement by a number of days equal to the
Maximum Days of Deferral, the last day to which such day is postponed.
“Maximum Days of Deferral” means such number of calendar days (or other type of days) as
specified in the applicable Final Terms.
“Unscheduled Holiday” means, in respect of a Currency Price or Fallback Reference Price, as
applicable, a day that is not an FX Business Day and the market was not aware of such fact (by means of a
public announcement or by reference to other publicly available information) until a time later than 9.00
a.m., local time in the Specified Financial Center in respect of such Currency Price or Fallback Reference
Price, two FX Business Days prior to such day.
4. EM Currency Provisions: EM Valuation Postponement
If the applicable Final Terms provides that the EM Currency Provisions shall apply to a Currency
Price (which term shall include, where the Final Terms provides that the prior applicable Disruption
Fallback is “Fallback Reference Price”, the Currency Price determined using the applicable Fallback
Reference Price) and any Valuation Date or Averaging Date, and that EM Valuation Postponement shall be
applicable, then, if the Calculation Agent determines that the relevant Scheduled Reference Date (if the
Scheduled Reference Date is not an Unscheduled Holiday for the Currency Price) or the Adjusted
Scheduled Reference Date (if the Scheduled Reference Date is an Unscheduled Holiday for the Currency
Price) is an FX Disrupted Day, then such Valuation Date or Averaging Date shall be the first FX Business
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