Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined and the Reference Rate specified in the applicable Final Terms is not XXXXX or SOFR, the Rate of Interest for each Interest Period will, subject as provided below, be either:
Screen Rate Determination means determination of the interest rate for Floating Rate Notes by reference to the relevant screen page for the applicable reference rate, as specified in the applicable Supplement.
Screen Rate Determination means the manner in which the Rate of Interest is to be determined contained in Condition 6(b)(iii).
Examples of Screen Rate Determination in a sentence
Where Screen Rate Determination applies to the calculation of interest, the applicable Final Terms will also specify the applicable Reference Rate, Interest Determination Date(s) and Relevant Screen Page.
In particular, the applicable Final Terms will identify any Specified Interest Payment Dates, any Specified Period, the Interest Commencement Date, the Business Day Convention, any Additional Business Centres, whether ISDA Determination or Screen Rate Determination applies to the calculation of interest, the party who will calculate the amount of interest due if it is not the Agent, the Margin, any maximum or minimum interest rates and the Day Count Fraction.
More Definitions of Screen Rate Determination
Screen Rate Determination means, if specified as applicable in the applicable Final Terms or Pricing Supplement, the manner in which the Rate of Interest on Floating Rate Covered Bonds will be determined in accordance with Condition 5.03 (Interest on Floating Rate Covered Bonds) of the Conditions;
Screen Rate Determination has the meaning specified in the applicable Final Terms or Pricing Supplement;
Screen Rate Determination has, in relation to any Series of Covered Bonds, the meaning ascribed thereto in the applicable Final Terms.
Screen Rate Determination is specified in the applicable Pricing Supplement for a Tranche as the manner in which the Interest Rate for such Tranche is to be determined, the Reference Rate is specified in the applicable Pricing Supplement as being SOFR and the Calculation Method is specified in the applicable Pricing Supplement as being “Compounded SOFR with Payment Delay,” then the Interest Rate for each Interest Period shall be Compounded SOFR, as defined immediately below, plus or minus (as indicated in the applicable Pricing Supplement) the Margin.
Screen Rate Determination means, in relation to a Tranche of Floating Rate Notes (where applicable), the manner (set out in Condition 6.2.3 as read with the Applicable Pricing Supplement) in which the Floating Interest Rate applicable to that Tranche is to be determined;
Screen Rate Determination has the meaning specified in the applicable Final Terms; “SEC” means U.S. Securities and Exchange Commission;
Screen Rate Determination means, if specified as applicable in the applicable Final Terms Document, the manner in which the Rate of Interest on Floating Rate Covered Bonds is to be determined in accordance with Condition 4.2(b)(ii) (Interest – Interest on Floating Rate Covered Bonds and Variable Interest Covered Bonds – Rate of Interest – Screen Rate Determination for Floating Rate Covered Bonds) of the Programme Conditions and/or, in the case of an N Covered Bond, the meaning set out in the relevant N Covered Bond Conditions (if applicable); SEC means the U.S. Securities and Exchange Commission; Secured Creditors means the Security Trustee (in its own capacity and on behalf of the other Secured Creditors), the Bond Trustee (in its own capacity and on behalf of the Covered Bondholders), the Covered Bondholders, the Receiptholders, the Couponholders, the Issuer, the Seller, the Servicer, the Account Banks, the GIC Provider, the Cash Manager, the Swap Providers, the Corporate Services Provider, the Agents and any other person which becomes a Secured Creditor pursuant to the Deed of Charge; Secured Obligations means the aggregate of all moneys, obligations and liabilities, whether actual or contingent, from time to time due or owing by the LLP to the Secured Creditors under Covered Bonds and/or the Transaction Documents; Securities Act means the United States Securities Act of 1933, as amended; Securities and Exchange Law means the Securities and Exchange Law of Japan; Security means the security granted by the LLP to the Security Trustee under and pursuant to the terms of the Deed of Charge;