INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 13:20 – eprint6 – 4247 Section 10
Subscription and Sale
management companies, pension and investment funds and their management companies,
commodity dealers) as well as entities not so authorized or regulated whose corporate
purpose is solely to invest in securities; and
(c)
at any time, to certain natural persons or small and medium-sized enterprises (as defined in
the Luxembourg law dated July 10, 2005 on prospectuses for securities implementing the
Prospectus Directive into Luxembourg law) recorded in the register of natural persons or
small and medium-sized enterprises considered as qualified investors as held by the
Commission de Surveillance du Secteur Financier as competent authority in Luxembourg in
accordance with the Prospectus Directive.
14. Malaysia
No approval from the Securities Commission of Malaysia is or will be obtained, nor will any
prospectus be filed or registered with the Securities Commission of Malaysia for the offering of the Notes
in Malaysia. This Offering Circular does not constitute and is not intended to constitute an invitation or
offer for subscription or purchase of the Notes, nor may this Offering Circular or any other offering
material or document relating to the Notes be published or distributed, directly or indirectly, to any person
in Malaysia unless such invitation or offer falls within (i) Schedule 5 to the Capital Markets and Services
Act 2007 (“CMSA”), (ii) Schedules 6 or 7 to the CMSA as an “excluded offer or excluded invitation” or
“excluded issue” within the meaning of sections 229 and 230 of the CMSA, and (iii) Schedule 8 so the
trust deed requirements in the CMSA are not applicable. No offer or invitation in respect of the Notes may
be made in Malaysia except as an offer or invitation falling under Schedules 5, and 6 or 7 and 8 to the
CMSA.
15. The Netherlands
The Issuer is not a bank licensed by or registered with the Dutch Central Bank (De Nederlandsche
Bank N. V.) pursuant to the Dutch Financial Supervision Act (Wetop het financieel toezicht).
In respect of the Notes, each Dealer has represented and agreed, and each further Dealer appointed
under the Program will be required to represent and agree, that Zero Coupon Notes (as defined below) in
definitive form of the Issuer may only be transferred and accepted, directly or indirectly, within, from or
into The Netherlands through the mediation of either the Issuer or a member of Euronext Amsterdam N.V.
in full compliance with the Dutch Savings Certificates Act of 21 May 1985 (Wet inzake spaarbewijzen, as
amended) and its implementing regulations. No such mediation is required: (a) in respect of the transfer
and acceptance of rights representing an interest in a Zero Coupon Note in global form, or (b) in respect of
the initial issue of Zero Coupon Notes in definitive form to the first holders thereof, or (c) in respect of the
transfer and acceptance of Zero Coupon Notes in definitive form between individuals not acting in the
conduct of a business or profession, or (d) in respect of the transfer and acceptance of such Zero Coupon
Notes within, from or into The Netherlands (if all Zero Coupon Notes) (either in definitive form or as
rights representing an interest in a Zero Coupon Note in global form) of any particular Series are issued
outside The Netherlands and are not distributed into The Netherlands in the course of initial distribution or
immediately thereafter. As used herein, “Zero Coupon Notes” are Notes that are in bearer form and that
constitute a claim for a fixed sum against the Issuer and on which interest does not become due during
their tenor or on which no interest is due whatsoever.
16. Netherlands Antilles
The sale of Notes to an Unauthorized Netherlands Antilles Person is prohibited under Netherlands
Antilles Law. An “Unauthorized Netherlands Antilles Person” for the purposes of this Offering Circular
means any citizen or inhabitant of the Netherlands Antilles (including personal holding companies,
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