SARONi definition
SARONi means, in respect of any Zurich Banking Day “i”, SARON for such Zurich Banking Day “i”;
SARONi means, in respect of any Zurich Banking Dayi:
SARONi means, in respect of any Zurich Banking Day “i”, SARON for such Zurich Banking Day i.
More Definitions of SARONi
SARONi means, in respect of any Zurich Banking Day “i” in the relevant SARON Observation Period, SARON in respect of such Zurich Banking Day “i”.
SARONi means for any Zurich Banking Day “i” falling in the relevant SARON Observation Period, the SARON in respect of that Zurich Banking Day “i”, as provided by the SARON Administrator to, and published by, authorised distributors of SARON in respect of that day at the SARON Reference Time (or any amended publication time as specified by the SARON Administrator in the SARON benchmark methodology) on such Zurich Banking Day; and
SARONi means for any Zurich Banking Day “i" in the relevant Interest Accrual Period, is equal to SARON in respect of that day “i";
SARONi means the SARON reference rate for:
SARONi means the SARON on SIX Business Day “i” and "SARONi-5" indicates the SARON on the day falling five SIX Business Days before SIX Business Day “i";
SARONi for any Zurich Banking Day “i” in the relevant Observation Period, is equal to SARON in respect of that day “i”. If (1) SARON is not published on the Relevant Screen Page at the Specified Time on the relevant Zurich Banking Day and (2) no SARON Index Cessation Event and no SARON Index Cessation Effective Date have occurred on or prior to the Specified Time on the relevant Zurich Banking Day, SARON for such Zurich Banking Day shall be the rate equal to the Swiss Average Rate Overnight published by the SARON Administrator on the SARON Administrator Website for the first preceding Zurich Banking Day on which the Swiss Average Rate Overnight was published by the SARON Administrator on the SARON Administrator Website. If (1) SARON is not published on the Relevant Screen Page at the Specified Time on the relevant Zurich Banking Day and (2) both a SARON Index Cessation Event and a SARON Index Cessation Effective Date have occurred on or prior to the Specified Time on the relevant Zurich Banking Day:
SARONi means for any Zurich Banking Day “i” falling in the relevant SARON Observation Period, the SARON in respect of that Zurich Banking Day “i”, as provided by the SARON Administrator to, and published by, authorised distributors of SARON in respect of that day at the SARON Reference Time (or any amended publication time as specified by the SARON Administrator in the SARON benchmark methodology) on such Zurich Banking Day; and If the Notes become due and payable in accordance with the Conditions, the final Interest Determination Date shall, notwithstanding any Interest Determination Date specified in the relevant Final Terms, be deemed to be the date on which such Notes became due and payable and the Rate of Interest on such Notes shall, for so long as any such Notes remains outstanding, be that determined on such date. If the Calculation Agent or another entity appointed by the Issuer, failing which the Issuer, determines at any time prior to the SARON Reference Time on any Zurich Banking Day that a SARON Index Cessation Event and the related SARON Index Cessation Effective Date have occurred, the Calculation Agent or another entity appointed by the Issuer, as applicable, shall determine the SARON Replacement. If the Issuer is notified by the Calculation Agent, or any another entity appointed by the Issuer, that there is no Recommended SARON Replacement Rate and the SNB Policy Rate for any Zurich Banking Day with respect to which SARON is to be determined has not been published on such Zurich Banking Day (the Affected Zurich Banking Day), then the Issuer will appoint an agent (the Replacement Rate Determination Agent) on or prior to the first Zurich Banking Day in respect of which a SARON Index Cessation Event and related SARON Index Cessation Effective Date have occurred and for which the SNB Policy Rate has not been published. The Replacement Rate Determination Agent will determine whether to use an alternative rate to SARON for the Affected Zurich Banking Day and for all subsequent Zurich Banking Days in the SARON Observation Period in which the Affected Zurich Banking Day falls (the Affected SARON Observation Period) and all SARON Observation Periods thereafter. For the purposes of determining the Rate of Interest: