SORAi means, in respect of any Singapore Business Day “i" falling in the relevant Interest Accrual Period:
SORAi means, in respect of any Singapore Business Day “i” in the relevant Observation Period, the reference rate equal to SORA in respect of that Singapore Business Day “i”.
SORAi means, in respect of any Singapore Business Day i in the relevant SORA Observation Period, the reference rate equal to SORA for that Singapore Business Day; and
More Definitions of SORAi
SORAi means, in respect of any Singapore Business Day “i” in the relevant Observation Period, the reference rate equal to SORA in respect of that Singapore Business Day “i”. For the avoidance of doubt, the formula for the calculation of Compounded Daily SORA only compounds SORA in respect of any Singapore Business Day. SORA applied to a day that is not a Singapore Business Day will be taken by applying SORA for the previous Singapore Business Day but without compounding.
SORAi means, in respect of any Singapore Business Day falling in the relevant Interest Accrual Period, the reference rate equal to SORA in respect of that Singapore Business Day.” [Link-to-previous setting changed from off in original to on in modified.].The following sample language may be adopted for the interest payment clause to effect the payment delay approach. The sentence in brackets should only be inserted if the formula above is combined with a Lockout formula for the final Interest Accrual Period.
SORAi means, in respect of any Singapore Business Day “i” falling in the relevant Observation Period, the reference rate equal to SORA in respect of that Singapore Business Day “i”. (dd) where Payment Delay is specified as the Observation Method in the applicable Pricing Supplement:
SORAi means (unless otherwise specified in the applicable Final Terms), in respect of any Singapore Day “i” falling in the relevant SORA Observation Period, the SORA reference rate for such Singapore Business Day “i”;
SORAi means, in respect of any Singapore Business Day “i" falling in the relevant Interest Accrual Period: [Link-to-previous setting changed from off in original to on in modified.].
SORAi means, in respect of any Singapore Business Day falling in the relevant Observation Period, the reference rate equal to SORA in respect of that Singapore Business Day.” [Link-to-previous setting changed from off in original to on in modified.].(d) Payment Delay
SORAi means, in respect of any Singapore Business Day i in the relevant SORA Observation Period, the SOFR Reference Rate in respect of such SORA Business Day i.