INDEX OF DEFINED TERMS - Banca di Legnano
INDEX OF DEFINED TERMS - Banca di Legnano
INDEX OF DEFINED TERMS - Banca di Legnano
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Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:23 – eprint6 – 4247 Section 09<br />
Ad<strong>di</strong>tional Terms and Con<strong>di</strong>tions for Fund Linked Notes<br />
Tra<strong>di</strong>ng Days up to and inclu<strong>di</strong>ng the Valuation Cut-Off Date is a Disrupted Day. In that<br />
case, or if such Valuation Date falls on the Valuation Cut-Off Date owing to the original date<br />
on which it was scheduled to fall not being a Scheduled Tra<strong>di</strong>ng Day for such Fund Share, (i)<br />
the Valuation Cut-Off Date shall be deemed to be the Valuation Date (notwithstan<strong>di</strong>ng the<br />
fact that such day may be a Disrupted Day) and (ii) the Calculation Agent shall determine the<br />
relevant price in the manner set out in the applicable Final Terms or, if not set out or if not<br />
practicable, determine the relevant price in accordance with its good faith estimate of the<br />
relevant price as of the Valuation Time on the Valuation Cut-Off Date; or<br />
(b)<br />
(c)<br />
(d)<br />
where the Fund Linked Notes relate to a Basket of Funds and the applicable Final Terms<br />
provides that “Common Scheduled Tra<strong>di</strong>ng Days” shall not be applicable, the Valuation Date<br />
for each Fund Share not affected by the occurrence of a Disrupted Day shall be the<br />
Scheduled Valuation Date (or, if earlier, the Valuation Cut-Off Date) and the Valuation Date<br />
for each Fund Share affected (each an “Affected Fund Share”) by the occurrence of a<br />
Disrupted Day shall be the first succee<strong>di</strong>ng Scheduled Tra<strong>di</strong>ng Day that is not a Disrupted<br />
Day relating to the Affected Fund Share, unless each of the Scheduled Tra<strong>di</strong>ng Days<br />
imme<strong>di</strong>ately following the Scheduled Valuation Date up to and inclu<strong>di</strong>ng the Valuation Cut-<br />
Off Date is a Disrupted Day relating to the Affected Fund Share. In that case, or if such<br />
Valuation Date falls on the Valuation Cut-Off Date owing to the original date on which it was<br />
scheduled to fall not being a Scheduled Tra<strong>di</strong>ng Day for such Fund Share, (i) the Valuation<br />
Cut-Off Date shall be deemed to be the Valuation Date for such Fund Share (notwithstan<strong>di</strong>ng<br />
the fact that such day may be a Disrupted Day) and (ii) the Calculation Agent shall determine<br />
the relevant price using, in relation to such Fund Share, a price determined in the manner set<br />
out in the applicable Final Terms or, if not set out or if not practicable, using its good faith<br />
estimate of the price for the Affected Fund Share as of the Valuation Time on the Valuation<br />
Cut-Off Date, and otherwise in accordance with the above provisions;<br />
where the Fund Linked Notes relate to a Basket of Funds and the applicable Final Terms<br />
provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “In<strong>di</strong>vidual Disrupted Days” shall be<br />
applicable, the Valuation Date for each Fund Share not affected by the occurrence of a<br />
Disrupted Day shall be the Scheduled Valuation Date (or if the Scheduled Valuation Date is<br />
not a Common Scheduled Tra<strong>di</strong>ng Day, the imme<strong>di</strong>ately following Common Scheduled<br />
Tra<strong>di</strong>ng Day, or in either case, if earlier, the Valuation Cut-Off Date) and the Valuation Date<br />
for each Fund Share affected (each an “Affected Fund Share”) by the occurrence of a<br />
Disrupted Day shall be the first succee<strong>di</strong>ng Scheduled Tra<strong>di</strong>ng Day that is not a Disrupted<br />
Day relating to the Affected Fund Share, unless each of the Scheduled Tra<strong>di</strong>ng Days<br />
imme<strong>di</strong>ately following the Scheduled Valuation Date (or if the Scheduled Valuation Date is<br />
not a Common Scheduled Tra<strong>di</strong>ng Day, the imme<strong>di</strong>ately following Common Scheduled<br />
Tra<strong>di</strong>ng Day) up to and inclu<strong>di</strong>ng the Valuation Cut-Off Date is a Disrupted Day relating to<br />
the Affected Fund Share. In that case, or if such Valuation Date falls on the Valuation Cut-Off<br />
Date owing to the original date on which it was scheduled to fall not being a Common<br />
Scheduled Tra<strong>di</strong>ng Day, (i) the Valuation Cut-Off Date shall be deemed to be the Valuation<br />
Date for such Fund Share (notwithstan<strong>di</strong>ng the fact that such day may be a Disrupted Day for<br />
a Fund Share or not a Common Scheduled Tra<strong>di</strong>ng Day) and (ii) the Calculation Agent shall<br />
determine the relevant price using, in relation to such Fund Share, a price determined in the<br />
manner set out in the applicable Final Terms or, if not set out or if not practicable, using its<br />
good faith estimate of the price for such Fund Share as of the Valuation Time on the<br />
Valuation Cut-Off Date, and otherwise in accordance with the above provisions; or<br />
where the Fund Linked Notes relate to a Basket of Funds and the applicable Final Terms<br />
provides that “Common Scheduled Tra<strong>di</strong>ng Days” and “Common Disrupted Days” shall be<br />
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