Common use of Fallbacks Clause in Contracts

Fallbacks. This Condition 5.3(b) applies only if the Reset Reference Rate is specified in the applicable Final Terms as Mid-Swap Rate. If on any Reset Determination Date, the Relevant Screen Page is not available or the Reset Reference Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date, the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent shall request each of the Reset Reference Banks to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately the Specified Time on the Reset Determination Date in question; (ii) if at least three of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iii) if only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will be equal to the sum of: (A) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (B) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agent.

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Mid- Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A) 1. if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B) 2. if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin;; or (C) 3. if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: 1. if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or 2. if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Screen Page and (ii) the Subsequent Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agenttaking into consideration all available information that it in good xxxxx xxxxx relevant.

Fallbacks. This Condition 5.3(b) applies only if the Reset Reference Rate is specified in the applicable Final Terms as Mid-Swap Rate. If on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Mid- Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A) 1. if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B) 2. if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin;; or (C) 3. if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: 1. if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or 2. if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Screen Page and (ii) the Subsequent Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agenttaking into consideration all available information that it in good xxxxx xxxxx relevant.

Fallbacks. This Condition 5.3(b) applies only if If the Reset Reference Rate is specified in the applicable Final Terms or (in the case of Exempt Notes) Pricing Supplement as Mid-Swap Rate. If Rate and if on any Reset Determination Date, the Relevant Screen Page is not available or the Reset Reference Rate does not appear on the Relevant Screen Page as at the Specified Relevant Time on such Reset Determination Date, the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will will, subject as provided in Condition 4.3, as applicable, be determined by the Calculation Agent, Principal Paying Agent on the following basis: (ia) the Reference Banks Principal Paying Agent shall request each of the Reset Reference Banks to provide the Calculation Principal Paying Agent with its Mid-Market Swap Rate Quotation as at approximately the Specified Relevant Time on the Reset Determination Date in question; (iib) if at least three of the Reset Reference Banks provide the Calculation Principal Paying Agent with the Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Margin, all as determined by the Calculation Principal Paying Agent; (iiic) if only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Principal Paying Agent; (ivd) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Principal Paying Agent; and; (ve) if none of the Reset Reference Banks Xxxxx provides the Calculation Principal Paying Agent with a Mid-Mid- Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.34.4, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will be equal to the sum of (A) the relevant Reset Reference Rate determined on the last preceding Reset Determination Date and (B) the Relevant Reset Margin or, in the case of the first Reset Determination Date, the First Reset Rate of Interest will be equal to the sum of: (Ai) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms or (in the case of Exempt Notes) Pricing Supplement as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (Bii) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms or (in the case of Exempt Notes) Pricing Supplement as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin;; or (Ciii) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms or (in the case of Exempt Notes) Pricing Supplement as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Principal Paying Agent.

Fallbacks. This Condition 5.3(b) applies only if the Reset Reference Rate is specified in the applicable Final Terms as Mid-Swap Rate. If on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will shall be equal determined to be the sum of: (A) if Initial of the relevant Mid-Market Swap Rate Final Fallback is specified in Quotation provided and the applicable Final Terms First Margin or Subsequent Margin (as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (B) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin), all as determined by the Calculation Agent and (if Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent is not with a Mid-Market Swap Rate Quotation as provided in the Agent) notified to the Agent.foregoing provisions of this paragraph:

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid- Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Mid- Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A1) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B2) if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agent.; or

Fallbacks. This Condition 5.3(b) applies only if the Reset Reference Rate is specified in the applicable Final Terms as Mid-Swap Rate. If on any Reset Determination Date, the Relevant Screen Page is not available or the Reset Reference Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date, the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent shall request each of the Reset Reference Banks to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately the Specified Time on the Reset Determination Date in question; (ii) if at least three of the Reset Reference Banks provide the Calculation Agent with Mid-Market Mid -Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iii) if only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will be equal to the sum ofsumof: (A) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (B) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agent.

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Mid- Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A1) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B2) if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Mid- Swap Rate and (Bii) the Relevant Reset First Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agent.; or

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A) 1. if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B) 2. if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Mid- Swap Rate and (Bii) the Relevant Reset First Margin;; or (C) 3. if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: 1. if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or 2. if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Screen Page and (ii) the Subsequent Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agenttaking into consideration all available information that it in good xxxxx xxxxx relevant.

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Rate is specified in the applicable relevant Final Terms as Mid-Swap Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page (subject to Condition 4.3(g)), then (i) if the Issuer has specified in the relevant Final Terms that the Reference Bond Rate is applicable as at the Specified Time on such Reset Determination Datefallback to the Mid-Swap Rate, the Reset Reference Rate shall be the Reference Bond Rate, calculated by the Calculation Agent in accordance with these Conditions and subject (if applicable) to the relevant Capital Regulations or (ii) (A) if the Reference Bond Rate has not been specified as the fallback to the Mid-Swap Rate, or (B) if the Reference Bond Rate has been specified as the fallback to the Mid-Swap Rate and only one or no Reference Government Bond Dealer Quotation is received for the purpose of Interest calculating the Reference Bond Price applicable to the Notes in respect of each Interest Period falling in Reset Reference Bond, the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency (which, if the Specified Currency is euro, shall be Frankfurt) on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will shall be equal determined to be the sum of: (A) if Initial of the relevant Mid-Market Swap Rate Final Fallback is specified in Quotation provided and the applicable Final Terms First Margin or Subsequent Margin (as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (B) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin), all as determined by the Calculation Agent and (if Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent is not with a Mid-Market Swap Rate Quotation as provided in the Agent) notified to the Agent.foregoing provisions of this paragraph:

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid- Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A1) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B2) if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Mid- Swap Rate and (Bii) the Relevant Reset First Margin;; or (C3) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: (1) if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or (2) if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Screen Page and (ii) the Subsequent Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agenttaking into consideration all available information that it in good xxxxx xxxxx relevant.

Fallbacks. This Condition 5.3(b) applies only if Where the Reset Reference Mid-Swap Rate is specified in the applicable Final Terms as Mid-Swap the Reset Reference Rate. If , if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid- Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A1) if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B2) if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin;; or (C3) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: (1) if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or (2) if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agent.Screen Page and

Fallbacks. This Condition 5.3(b) applies only if the Reset Reference Rate is specified in the applicable Final Terms as Mid-Swap Rate. If on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Mid-Swap Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination Date(subject to Condition 3(f)), the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent Issuer shall request each of the Reset Reference Banks (as defined below) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum of (A) the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the sum of the relevant Mid-Market Swap Rate Quotation provided and the First Margin or Subsequent Margin (as applicable), all as determined by the Calculation Agent. If on any Reset Determination Date none of the Reference Xxxxx provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this paragraph: (A) in the case of the first Reset Determination Date only, the First Reset Rate of Interest will be equal to the sum of: (A) 1. if Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin; (B) 2. if Reset Period Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the Reset Period Maturity Initial Mid-Swap Rate and (Bii) the Relevant Reset First Margin;; or (C) 3. if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (Ai) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (ii) the First Margin; or (B) in the case of any Reset Determination Date other than the first Reset Determination Date, the Subsequent Reset Rate of Interest shall be equal to the sum of: 1. if Subsequent Reset Rate Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the Mid-Swap Rate determined on the last preceding Reset Determination Date and (ii) the Subsequent Margin; or 2. if Subsequent Reset Rate Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (i) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Reset Screen Page and (ii) the Subsequent Margin, all as determined by the Calculation Agent and (if the Calculation Agent is not the Agent) notified to the Agenttaking into consideration all available information that it in good xxxxx xxxxx relevant.

Fallbacks. This Condition 5.3(b6(b)(ii) only applies only if the Reset Reference Rate is specified in the applicable Final Terms or the Drawdown Prospectus (as the case may be) as Mid-Swap Rate. If Subject as provided in Condition 6(d), if on any Reset Determination Date, Date the Relevant Screen Page is not available or the Reset Reference Rate does not appear on the Relevant Screen Page as at the Specified Time on such Reset Determination DatePage, the Rate of Interest applicable to the Notes in respect of each Interest Period falling in the relevant Reset Period will be determined by the Calculation Agent, on the following basis: (i) the Reference Banks Agent shall request each of the Reset Reference Banks (as defined above) to provide the Calculation Agent with its Mid-Market Swap Rate Quotation as at approximately 11.00 a.m. in the principal financial centre of the Specified Time Currency on the Reset Determination Date in question; (ii) if at least three . If two or more of the Reset Reference Banks provide the Calculation Agent with Mid-Market Swap Rate Quotations, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will shall be equal to the sum (converted as set out in the definition of (Asuch term above) of the arithmetic mean (rounded, if necessary, to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the relevant quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) Mid-Market Swap Rate Quotations and the lowest First Margin or Subsequent Margin (or, in the event of equality, one of the lowest) and (B) the Relevant Reset Marginas applicable), all as determined by the Calculation Agent; (iii) if . If on any Reset Determination Date only two relevant quotations are provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the arithmetic mean (rounded as aforesaid) one of the relevant quotations provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; (iv) if only one relevant quotation is provided, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) for the relevant Reset Period will be equal to the sum of (A) the relevant quotation provided and (B) the Relevant Reset Margin, all as determined by the Calculation Agent; and (v) if none of the Reset Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 5.3paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) will shall be equal the sum (converted as set out in the definition of such term above) (rounded, if necessary, to the sum of: nearest 0.001 per cent. (A0.0005 per cent. being rounded upwards)) if Initial of the relevant Mid-Market Swap Rate Final Fallback is specified in Quotation and the applicable Final Terms First Margin or Subsequent Margin (as being applicable, (A) the Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (B) if Reset Maturity Initial Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the Reset Period Maturity Initial Mid-Swap Rate and (B) the Relevant Reset Margin; (C) if Last Observable Mid-Swap Rate Final Fallback is specified in the applicable Final Terms as being applicable, (A) the last observable rate for swaps in the Specified Currency with a term equal to the relevant Reset Period which appears on the Relevant Screen Page and (B) the Relevant Reset Margin), all as determined by the Calculation Agent and (if Agent. If on any Reset Determination Date none of the Reference Banks provides the Calculation Agent is not with a Mid-Market Swap Rate Quotation as provided in the Agentforegoing provisions of this paragraph, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) notified shall be the last observable mid-swap rate with an equivalent term and currency to the relevant Reset Reference Rate which appeared on the Relevant Screen Page, as determined by the Calculation Agent.