Common use of Interest determination, Screen Rate Determination Clause in Contracts

Interest determination, Screen Rate Determination. including fallback provisions (a) Where Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be determined in accordance with the Conditions. (b) The Conditions also contain provisions for determining the Rate of Interest in the event that the Relevant Screen Page is not available or the quotation or quotations required by the Conditions are unavailable or following a Benchmark Event (as defined in the Conditions). (c) In the case of Exempt Notes, if the Reference Rate from time to time in respect of Floating Rate Notes is specified in the applicable Pricing Supplement as being other than LIBOR, EURIBOR, NIBOR or XXXXXX, the Rate of Interest in respect of the Notes will be determined as provided in the applicable Pricing Supplement.

Interest determination, Screen Rate Determination. including fallback provisions (a) Where Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be determined in accordance with the Conditions. (b) The Conditions also contain provisions for determining the Rate of Interest in the event that the Relevant Screen Page is not available or the quotation or quotations required by the Conditions are unavailable or following a Benchmark Event (as defined in the Conditions). (c) In the case of Exempt Notes, if the Reference Rate from time to time in respect of Floating Rate Notes is specified in the applicable Pricing Supplement as being other than LIBOR, EURIBOR, NIBOR or XXXXXX, the Rate of Interest in respect of the Notes will be determined as provided in the applicable Pricing Supplement.