SONIAi-pLBD means in respect of any London Banking Day “i” falling in the relevant Interest Accrual Period, the SONIA in respect of the London Banking Day falling “p” London Banking Days prior to the relevant London Banking Day “i”.
SONIAi-pLBD means the SONIA reference rate for the London Banking Day (being a London Banking Day falling in the relevant Observation Period) falling “p” London Banking Days prior to the relevant London Banking Day "i".
SONIAi-pLBD means, in respect of any London Banking Day "i", the SONIA reference rate for the London Banking Day falling "p" London Banking Days prior to such London Banking Day "i". If, in respect of any London Banking Day in the relevant Observation Period, the Principal Paying Agent determines that the SONIA reference rate is not available on the Relevant Screen Page or has not otherwise been published by the relevant authorised distributors then (unless the Principal Paying Agent (or other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms) has been notified of any Successor Rate or Alternative Reference Rate (and any related Adjustment Spread) pursuant to Condition 5(c) (Benchmark Replacement), if applicable), such SONIA reference rate shall be: (i) the Bank of England’s Bank Rate (the “Bank Rate”) prevailing at 5.00p.m. (or, if earlier, close of business) on the relevant London Banking Day; plus (ii) the mean of the spread of the SONIA reference rate to the Bank Rate over the previous five London Banking Days on which aSONIA reference rate has been published, excluding the highest spread (or, if there is more than one highest spread, one only of those highest spreads) and lowest spread (or, if there is more than one lowest spread, one only of those lowest spreads). Notwithstanding the paragraph above, if the Bank of England publishes guidance as to (i) how the SONIA reference rate is to be determined or (ii) any rate that is to replace the SONIA reference rate, the Principal Paying Agent shall, subject to receiving written instructions from the Issuer and to the extent that it is reasonably practicable, follow such guidance in order to determine the SONIA reference rate for the purpose of the relevant Series of Notes for so long as the SONIA reference rate is not available or has not been published by the authorised distributors. To the extent that any amendments or modifications to these Conditions, the Trust Deed or the Agency Agreement are required in order for the Principal Paying Agent to follow such guidance in order to determine the SONIA reference rate, the Principal Paying Agent shall have no obligation to act until such amendments or modifications have been made in accordance with these Conditions, the Trust Deed or the Agency Agreement. If the Rate of Interest cannot be determined in accordance with the foregoing provisions by the Principal Paying Agent, the Rate of Interest shall be (i) that dete...
More Definitions of SONIAi-pLBD
SONIAi-pLBD means, in respect of any London Business Day falling in the relevant Observation Period, the SONIA for the London Business Day falling "p" London Business Days prior to the relevant London Business Day "i".
SONIAi-pLBD means, in relation to any London banking day “i” in such interest period, SONIA in respect of the London banking day falling “p” London banking days prior to such London banking day “i”, determined by the calculation agent;
SONIAi-pLBD means, in relation to any London Banking Day “i” falling in the relevant Interest Period, the XXXXX rate for the London Banking Day falling “p” London Banking Days prior to such London Banking Day “i”.
SONIAi-pLBD means, in relation to any London Banking Day "i" falling in the relevant Interest Period, the SONIA rate for the London Banking Day falling "p" London Banking Days prior to such London Banking Day "i".
SONIAi-pLBD means, in respect of any London Banking Day, falling in the relevant Interest Period, the SONIA Reference Rate for the London Banking Day which is “p” London Banking Days prior to the relevant London Banking Day “i”.
SONIAi-pLBD means, in respect of any London Banking Day "i", the SONIA Reference Rate for the London Banking Day falling "p" London Banking Days prior to such London Banking Day "i".
SONIAi-pLBD means in respect of any Business Day falling in the relevant Interest Period, the SONIA Reference Rate for the Business Day falling "p" Business Days prior to that Business Day "i"; and