INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:19 – eprint6 – 4247 Section 08
“Relevant Commodity” means, in respect of a Commodity Linked Security, such Commodity as is
so specified in the applicable Final Terms, and, if more than one commodity is so specified in the
applicable Final Terms, then all such commodities shall be referred to as the “Relevant Commodities”.
“Relevant Price” means for any Pricing Date, the price, expressed as a price per unit of the
Commodity or the price of the Commodity Index, determined with respect to that day for the specified
Commodity Reference Price calculated as provided in these Commodity Linked Conditions and the
applicable Final Terms.
“Specified Price” means, in respect of a Commodity Reference Price, any of the following prices
(which must be a price reported in or by, or capable of being determined from information reported in or
by, the relevant Price Source) as specified in the applicable Final Terms (and, if applicable, as of the time
so specified): (A) the high price; (B) the low price; (C) the average of the high price and the low price; (D)
the closing price; (E) the opening price; (F) the bid price; (G) the asked price; (H) the average of the bid
price and the asked price; (I) the settlement price; (J) the official settlement price; (K) the official price;
(L) the morning fixing; (M) the afternoon fixing; (N) the spot price; or (O) any other price specified in the
applicable Final Terms.
2. Terms relating to Calculation of Prices
Additional Terms and Conditions for Commodity Linked Notes
(a)
Common Pricing
If the relevant Final Terms provides that Commodity Linked Condition 2(a) is applicable, and, with
respect to Commodity Linked Notes relating to a Basket of Commodities, if “Common Pricing” is
specified in the applicable Final Terms as:
(i)
(ii)
“Applicable” then, no date will be a Pricing Date unless such date is a day on which
all referenced Commodity Reference Prices (for which such date would otherwise be a
Pricing Date) are scheduled to be published or announced, as determined on the Trade
Date of the Notes as of the Issue Date;
“Not Applicable” then, if the Calculation Agent determines that a Market Disruption
Event has occurred or exists on the Pricing Date in respect of any Relevant
Commodity and/or Commodity Index (each an “Affected Commodity”), the Relevant
Price of each Commodity and/or Commodity Index within the basket which is not
affected by the occurrence of a Market Disruption Event shall be determined on its
scheduled Pricing Date and the Relevant Price for each Affected Commodity shall be
determined in accordance with the first applicable Disruption Fallback that provides a
Relevant Price.
All determinations made by the Calculation Agent pursuant to this condition will be conclusive and
binding on the Noteholders and the Issuer, except in the case of manifest error.
If the relevant Final Terms provides that Commodity Linked Condition 2(a) is not applicable, then
Commodity Linked Condition 2(a) shall not apply to the relevant Commodity Linked Notes.
(b)
Correction to Published Prices
For purposes of determining or calculating the Relevant Price (or any price or value published or
announced on any date which is utilized for any calculation or determination in connection with the
Commodity Linked Notes), if the price published or announced on a given day and used or to be used by
the Calculation Agent to determine a Relevant Price (or any price or value published or announced on any
date which is utilized for any calculation or determination in connection with the Commodity Linked
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