INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 11:55 – eprint6 – 4247 Section 02
The Issuer may have the right to vary settlement. If so indicated in the applicable Final Terms, the
Issuer has an option to vary settlement in respect of the Notes. If exercised by the Issuer, Physical Delivery
Notes may be cash settled or Cash Settled Notes may be physically settled. Exercise of such option may
affect the value of the Notes.
If the Issuer determines that the performance of its obligations under the Notes has or will
become illegal in whole or in part for any reason, the Issuer may redeem or cancel the Notes, as
applicable. If the Issuer determines that the performance of its obligations under the Notes has or will
become illegal in whole or in part for any reason, the Issuer may redeem or cancel the Notes, as
applicable.
If, in the case of illegality and to the extent permitted by applicable law, the Issuer redeems or
cancels the Notes, then the Issuer will redeem each Note at the Early Redemption Amount together (if
appropriate) with interest accrued to (but excluding) the date of redemption less hedging costs, which may
be less than the purchase price of the Notes and may in certain circumstances be zero.
Risks relating to the market generally
Risk Factors
Set out below is a brief description of the principal market risks, including liquidity risk, exchange
rate risk, interest rate risk, and credit risk that may have an impact on an investment in the Notes.
Many factors will determine the price of the Notes in the secondary market and such market may
be illiquid. It is not possible to predict the price at which Notes will trade in the secondary market or
whether such market will be liquid or illiquid. The Issuer may, but is not obliged to, list or admit to trading
Notes on a stock exchange or market. If the Notes are not listed or admitted to trading on any stock
exchange or market, pricing information for the Notes may be more difficult to obtain and the liquidity of
the Notes may be adversely affected. If the Issuer does list or admit to trading an issue of Notes, there can
be no assurance that at a later date, the Notes will not be delisted or that trading on such stock exchange or
market will not be suspended. In the event of a de-listing or suspension of listing or trading on a stock
exchange or market, the Issuer will use its reasonable efforts to list or admit to trading the Notes on
another stock exchange or market, unless it concludes it would be unduly burdensome to do so.
The Issuer cannot assure holders of the Notes that a trading market for their Notes will ever develop
or be maintained. Many factors independent of the creditworthiness of the Issuer affect the trading market
of the Notes. These factors include:
(a)
(b)
(c)
(d)
(e)
(f)
(g)
the complexity and volatility of the Underlying Asset(s) or formula or other basis of
reference applicable to the Notes;
the method of calculating amounts payable, including any dividend rates or yield or other
Notes or financial instruments applicable to the Notes payable and/or deliverable, or other
consideration, if any, in respect of the Notes;
the time remaining to redemption of the Notes;
the aggregate amount of Notes outstanding;
any redemption feature of the Notes;
the value of other securities linked to the Underlying Asset(s) or formula or other basis of
reference applicable to the Notes;
the level, direction, and volatility of market interest rates generally;
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