INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:23 – eprint6 – 4247 Section 09
Physical Delivery Conditions
(b)
(c)
(d)
(e)
(f)
in the case of Notes represented by a Global Note, specify the nominal amount of Notes
which are the subject of such notice and the number of the Noteholder’s account at the
Relevant Clearing System to be debited with such Notes and irrevocably instruct and
authorize the Relevant Clearing System to debit the relevant Noteholder’s account with such
Notes on or before the Maturity Delivery Date (as defined below);
include an undertaking to pay all Expenses and, in the case of Notes represented by a Global
Note, an authority to debit a specified account of the Noteholder at the Relevant Clearing
System in respect thereof and to pay such Expenses;
include such details as are required by the applicable Final Terms for delivery of the
Entitlement which may include account details of an account outside the United States and
its possession and/or the name and address outside the United States and its possessions of
any person(s) into whose name evidence of the Entitlement is to be registered and/or any
bank, broker, or agent outside the United States and its possessions to whom documents
evidencing the Entitlement are to be delivered and specify the name and number of the
Noteholder’s account with the Relevant Clearing System to be credited with any cash payable
by the Issuer, in respect of any cash amount constituting the Entitlement or any dividends
relating to the Entitlement, as a result of the occurrence of a Settlement Disruption Event or a
Failure to Deliver due to Illiquidity and the Issuer electing to pay the Disruption Cash
Settlement Price or Failure to Deliver Settlement Price, as applicable, or in respect of any
Partial Cash Settlement Amounts;
certify that the beneficial owner of each Note is not a U.S. person (as defined in Regulation S
under the Securities Act), the Note is not being redeemed within the United States or its
possessions or on behalf of a U.S. person and no cash, securities or other property have been
or will be delivered within the United States or its possessions or to, or for the account or
benefit of, a U.S. person in connection with any redemption thereof; and
authorize the production of such notice in any applicable administrative or legal proceedings.
No Asset Transfer Notice may be withdrawn after receipt thereof by the Relevant Clearing System
or a Paying Agent as provided above. After delivery of an Asset Transfer Notice, the relevant Noteholder
may not transfer the Notes which are the subject of such notice.
In the case of Notes represented by a Global Note, upon receipt of such notice, the Relevant
Clearing System shall verify that the person specified therein as the Noteholder is the holder of the
specified nominal amount of Notes according to its books.
Subject thereto, the Relevant Clearing System will confirm to the Principal Agent the ISIN, series
number, and number of Notes the subject of such notice, the relevant account details (if applicable) and the
details for the delivery of the Entitlement in respect of each such Note. Upon receipt of such confirmation,
the Principal Agent will inform the Issuer thereof. The Relevant Clearing System, will on or before the
Maturity Delivery Date, debit the securities account of the relevant Noteholder with the Notes the subject
of the relevant Asset Transfer Notice.
Failure properly to complete and deliver an Asset Transfer Notice may result in such notice being
treated as null and void. Any determination as to whether such notice has been properly completed and
delivered as provided in these Physical Delivery Conditions shall be made, in the case of Notes
represented by a Global Note, by the Relevant Clearing System, after consultation with the Principal Agent
and the Issuer and shall be conclusive and binding on the Issuer and the relevant Noteholder, or, in the case
of Notes in definitive form, by the relevant Paying Agent after consultation with the Principal Agent and
the Issuer and shall be conclusive and binding on the Issuer and the relevant Noteholder.
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