## Examples of *Reset Rate of Interest* in a sentence

If two or more of the Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First

**Reset Rate of Interest**or the Subsequent**Reset Rate of Interest**(as applicable) for the relevant Reset Period shall be the sum of the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent.The determination of the

**Reset Rate of Interest**by the Agent Bank shall (in the absence of manifest error) be final and binding upon all parties.The First

**Reset Rate of Interest**and each Subsequent**Reset Rate of Interest**shall be determined by the Calculation Agent at or as soon as practicable after each time at which the relevant Rate of Interest is to be determined.If the Calculation Agent does not at any time for any reason determine the First

**Reset Rate of Interest**or Subsequent**Reset Rate of Interest**, the Trustee may (at the expense of the Issuer) appoint an agent to do so and such determination or calculation shall be deemed to have been made by the Calculation Agent.If on any Reset Determination Date only one of the Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph, the First

**Reset Rate of Interest**or the Subsequent**Reset Rate of Interest**(as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent.