SONIA means, in respect of any Business Day, a reference rate equal to the daily Sterling Overnight Index Average rate for such Business Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page or, if the Relevant Screen Page is unavailable, as otherwise published by such authorised distributors in each case on the Business Day immediately following such Business Day;
SONIA means, with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, SONIA means such rate that applied on the first Business Day immediately prior thereto.
SONIA means the Sterling Overnight Index Average.
Examples of SONIA in a sentence
The Administrative Agent and their affiliates or other related entities may engage in transactions that affect the calculation of Prime Rate, Base Rate, CDOR, EURIBOR, the Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR, Daily Simple SONIA, CORRA, Daily Simple XXXXX, or Term XXXXX or any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower.
More Definitions of SONIA
SONIA means, in respect of any day, the level of the sterling overnight index average provided by the Bank of England as administrator of the benchmark (or a successor administrator) in respect of that day, if that day is a London Business Day, or in respect of the London Business Day immediately preceding that day, if that day is not a London Business Day.”.
SONIA means a rate equal to the Sterling Overnight Index Average as administered by the SONIA Administrator.
SONIA means, with respect to any Business Day, a rate per annum equal to the Sterling Overnight Index Average for such Business Day published by the SONIA Administrator on the SONIA Administrator’s Website on the immediately succeeding Business Day.
SONIA means the Sterling Overnight Index Average as published by the Benchmark Administrator or its agent.
SONIA means, in relation to any London banking day, the daily Sterling Overnight Index Average rate for such London banking day as provided by the administrator of SONIA to authorized distributors and as then published on the SONIA Screen Page or, if the SONIA Screen Page is unavailable, as otherwise published by such authorized distributors in each case at
SONIA means, in respect of any day, the level of the sterling overnight index average provided by the Bank of England as administrator of the benchmark (or a successor administrator) in respect of that day, if that day is a London Business Day, or in respect of the London Business Day immediately preceding that day, if that day is not a London Business Day.”.2 Amendments and Supplements to the Master Dealer Terms2.1 For the purposes of Clause 17 (Manufacturing Obligations) of the Master Dealer Terms, the following shall apply:
SONIA means, in respect of any Relevant Business Day (“RBDy”), a reference rate equal to the daily Sterling Overnight Index Average rate for such RBDy as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or, if the Relevant Screen Page is unavailable, as otherwise published by such authorised distributors) in each case at or about 12.00 p.m. (London time) on the Relevant Business Day immediately following RBDy;