JIBAR(3) definition
JIBAR(3) means 3 Month JIBAR set on 12 May 2014; “JIBAR(4)” means 3 Month JIBAR set on 11 August 2014; “JIBAR(5)” means 3 Month JIBAR set on 10 November 2014; “JIBAR(6)” means 3 Month JIBAR set on 10 February 2015; “JIBAR(7)” means 3 Month JIBAR set on 11 May 2015; “JIBAR(8)” means JIBAR set on 11 August 2015;“Knock-in Determination Day(s) means notwithstanding anything to the contrary in Section 1.13 of the Commodity Definitions, a Knock-in Determination Day shall be any Commodity Business Day from, but excluding, the Trade Date to, and including the Expiration Date.“Knock-in Event” means applicable notwithstanding anything to the contrary in Section 1.9(b) of the Commodity Definitions, a Knock-in Reference Price is lower than the Knock-in Price at any time on any Knock-in Determination Day.“Knock-in Price” means USD 78.73 per barrel;“Knock-in Reference Price” means continuously quoted price of Brent Crude Oil December 2015 futures contract (Bloomberg: COZ5 Comdty);“Final Commodity Price” means the daily official closing price for OIL-BRENT-IPE on 9 November 2015;“Initial Commodity Price” means USD 98.41 per barrel;“N” means Day Count Fraction from 29 January 2014 up to but exclude the Maturity Date;“OIL-BRENT-IPE” means that the price for a Pricing Date will be that day's closing price per barrel on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") of the Brent blend light crude oil December 2015 futures contract, stated in U.S. Dollars, as made public by the ICE on that Pricing Date.