INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 11:51 – eprint6 – 4247 Section 01
Summary of the Program
Governing Law of the Notes:
Withholding Tax:
Additional Amounts:
Laws of the State of New York, United States.
With respect to Index Linked Notes, Share Linked Notes,
GDR/ADR Linked Notes, FX Linked Notes, Commodity
Linked Notes, Fund Linked Notes, Inflation Linked Notes,
Hybrid Notes, Physical Delivery Notes, Notes Linked to
other Underlying Asset(s) (the “Linked Notes”), and Dual
Currency Notes, the applicable Final Terms will state
whether (i) the Issuer or its agent will withhold United
States tax on such Notes, or (ii) except as provided in
“United States Taxation”, the Issuer does not intend to
withhold tax with respect to payments to a United States
Alien.
All payments to a United States Alien in respect of Notes
other than any Linked Notes or Dual Currency Notes will
be made free and clear of any withholdings or deduction for
or on account of any United States taxes, as provided and
subject to the limitations contained in Condition 8.
With respect to any Linked Notes that are Non-Principal
Protected Notes, and with respect to Dual Currency Notes,
payments to a United States Alien will be made subject to
any withholding or deduction for or on account of any
United States taxes, without obligation on the Issuer to pay
additional amounts in respect of such withholding or
deduction unless otherwise specified in the applicable Final
Terms.
With respect to Linked Notes that are Principal Protected
Notes, payments to a United States Alien will be made free
and clear of any withholding or deduction for or on account
of any United States taxes, as provided and subject to the
limitations contained in Condition 8, unless otherwise
specified in the applicable Final Terms.
Re-opening:
Risk Factors:
Subject to compliance with all U.S. applicable selling
restrictions, including, in respect of Bearer Notes, the
restrictions set forth in Treasury Regulations Section 1.163-
5 under the U.S. Internal Revenue Code of 1986, as
amended (the “Code”) the Issuer may issue additional
Tranches of Notes under an existing Series of Notes,
without notice, by selling additional Notes with the same
terms of the existing Series. Any such additional Tranche of
Notes will be treated, for all purposes, like the Notes
originally issued, except that the new Tranche of Notes may
begin to bear interest at a different date and have a different
issue date and price.
There are certain factors that (i) may affect the Issuer’s
ability to fulfill its obligations under the Notes, including
liquidity, credit, and event risks, and (ii) are material for the
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