INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:23 – eprint6 – 4247 Section 09
Physical Delivery Conditions
ANNEX 8
ADDITIONAL TERMS AND CONDITIONS FOR PHYSICAL DELIVERY NOTES
The terms and conditions applicable to Physical Delivery Notes shall comprise the Terms and
Conditions of the Notes and the additional Terms and Conditions set out below (the “Physical Delivery
Conditions”), in each case subject to completion and/or amendment in the applicable Final Terms. In the
event of any inconsistency between the Terms and Conditions of the Notes, and the Physical Delivery
Conditions, the Physical Delivery Conditions shall prevail. In the event of any inconsistency between (i)
the Terms and Conditions of the Notes and/or the Physical Delivery Conditions and (ii) the Final Terms,
the Final Terms shall prevail.
1. Delivery of Entitlement and Asset Transfer Notices
In order to obtain delivery of the Entitlement(s) in respect of any Note:
(a)
(b)
if such Note is represented by a Global Note, the relevant Noteholder must deliver to the
Relevant Clearing System, with a copy to the Principal Agent and the Issuer not later than the
close of business in each place of receipt on the Cut-Off Date, a duly completed Asset
Transfer Notice substantially in the form set out in the Agency Agreement (the “Asset
Transfer Notice”); and
if such Note is in definitive form, the relevant Noteholder must deliver to any Paying Agent,
with a copy to the Principal Agent and the Issuer not later than the close of business in each
place of receipt on the Cut-Off Date, a duly completed Asset Transfer Notice.
Forms of the Asset Transfer Notice may be obtained during normal business hours from the
specified office of any Paying Agent.
An Asset Transfer Notice may only be delivered (i) if such Note is represented by a Global Note, in
such manner as is acceptable to the Relevant Clearing System or (ii) if such Note is in definitive form, in
writing.
If such Note is in definitive form, such Note must be delivered together with the duly completed
Asset Transfer Notice.
Note.
The Issuer shall at the risk of the relevant Noteholder deliver the Entitlement in respect of each
All expenses, including any applicable depositary charges, transaction or exercise charges, stamp
duty, stamp duty reserve tax, issue, registration, securities, transfer, and/or other taxes or duties (together
“Expenses”), arising from the redemption of the Notes and the delivery of any Entitlement shall be for the
account of the relevant Noteholder or Couponholder, as the case may be, and no delivery and/or transfer of
any Entitlement shall be made until all Expenses have been paid to the satisfaction of the Issuer by the
relevant Noteholder or Couponholder, as the case may be.
An Asset Transfer Notice must:
(a)
specify the name, address outside the United States and its possessions, and contact
telephone number of the relevant Noteholder or Couponholder, as the case may be, and the
person from whom the Issuer may obtain details for the delivery of the Entitlement if such
delivery is to be made otherwise than in the manner specified in the applicable Final Terms;
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