INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:19 – eprint6 – 4247 Section 08
Notes) is subsequently corrected and the correction is published or announced by the person responsible
for that publication or announcement within 30 calendar days after the original publication or
announcement (or, if earlier the day falling two Business Days preceding the date on which payment of
any amount or delivery of any assets may have to be made, in each case calculated by reference to such
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)), the Calculation Agent
may, in its sole discretion, use such corrected price in such calculation.
3. Market Disruption and Disruption Fallback
Additional Terms and Conditions for Commodity Linked Notes
If, in the opinion of the Calculation Agent, a Market Disruption Event (as defined below) has
occurred and is continuing on any Pricing Date (or, if different, the day on which the price for that Pricing
Date would, in the ordinary course, be published by the Price Source), the Relevant Price for that Pricing
Date will be determined by the Calculation Agent, in accordance with the first applicable Disruption
Fallback (as set out below) that provides a Relevant Price:
(a)
Market Disruption Event
“Market Disruption Event” means the occurrence of any of the following events:
(i)
with respect to all Commodities:
(A)
(B)
(C)
Price Source Disruption;
Commodity Trading Disruption;
Disappearance of Commodity Reference Price; and
(ii)
with respect to all Commodities other than gold, silver, platinum or palladium:
(A)
(B)
(C)
Material Change in Formula;
Material Change in Content; and
any additional Market Disruption Events as specified in the applicable Final
Terms; and
(iii)
with respect to a Commodity Index:
(A)
(B)
a temporary or permanent failure by the applicable exchange or other price
source to announce or publish (x) the Commodity Reference Price (provided
that the Calculation Agent may, in its sole and absolute discretion, determine
that such failure (i) shall not be a Market Disruption Event and shall instead be
dealt with under paragraph (i) of the proviso to the definition of Price Source
specified in Commodity Linked Condition 1 (Definitions), or (ii) shall instead
amount to an Index Adjustment Event in respect of such Commodity Index, and
proceed in accordance with Commodity Linked Condition 4 (Adjustments to a
Commodity Index)) or (y) the closing price for any futures contract included in
the Commodity Index;
a material limitation, suspension or disruption of trading in one or more of the
futures contracts included in the Commodity Index which results in a failure by
the exchange on which each applicable futures contract is traded to report a
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