INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:19 – eprint6 – 4247 Section 08
Contract to expire following that Pricing Date and (ii) “Second Nearby Month” means the month of
expiration of the second Futures Contract to expire following that Pricing Date, etc.
“Postponement” means that the Pricing Date will be deemed, for purposes of the application of this
Disruption Fallback, to be the first succeeding Commodity Business Day on which the Market Disruption
Event ceases to exist, unless that Market Disruption Event continues to exist for two consecutive
Commodity Business Days (measured from and including the original day that would otherwise have been
the Pricing Date (or, if applicable, if the Pricing Date as specified in the Final Terms is adjusted on
account of such original date not being a Commodity Business Day, measured from and including the day
that is the original date that would otherwise have been the Pricing Date, following such adjustment
specified in the applicable Final Terms on account of such original date not being a Commodity Business
Day)). In that case, the next Disruption Fallback specified in the definition of “Disruption Fallback” below
will apply.
“Price Source” means the publication (or such other origin of reference, including an Exchange)
containing (or reporting) the Specified Price (or prices from which the Specified Price is calculated)
specified in the specified Commodity Reference Price or otherwise in the applicable Final Terms (provided
that in respect of a Commodity Index, if the relevant Commodity Reference Price is not published on such
Price Source, the Calculation Agent may, in its sole and absolute discretion, (i) use a successor page or
publication or alternative source as it considers appropriate, (ii) determine that such non-publication
amounts to a Market Disruption Event in respect of such Commodity Index in accordance with
Commodity Linked Condition 3 (Market Disruption and Disruption Fallback), or (iii) determine that such
non-publication amounts to an Index Adjustment Event in respect of the Commodity Index, and proceed in
accordance with Commodity Linked Condition 4 (Adjustments to a Commodity Index)).
“Price Source Disruption” means:
Additional Terms and Conditions for Commodity Linked Notes
(i)
(ii)
the failure of the Price Source to announce or publish the Specified Price (or the information
necessary for determining the Specified Price) for the relevant Commodity Reference Price
(or, if there is no Specified Price for a Commodity Reference Price, such Commodity
Reference Price); or
the temporary or permanent discontinuance or unavailability of the Price Source.
For these purposes:
(a) a suspension of the trading in the Futures Contract or the Commodity on any Commodity Business
Day shall be deemed to be material only if:
(i)
(ii)
(b)
all trading in the Futures Contract or the Commodity is suspended for the entire Pricing Date;
or
all trading in the Futures Contract or the Commodity is suspended subsequent to the opening
of trading on the Pricing Date, trading does not recommence prior to the regularly scheduled
close of trading in such Futures Contract or such Commodity on such Pricing Date and such
suspension is announced less than one hour preceding its commencement; and
a limitation of trading in the Futures Contract or the Commodity on any Commodity
Business Day shall be deemed to be material only if the relevant Exchange establishes
limits on the range within which the price of the Futures Contract or the Commodity
may fluctuate and the closing or settlement price of the Futures Contract or the
Commodity on such day is at the upper or lower limit of that range.
“Pricing Date” has the meaning given it in the applicable Final Terms.
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