Common use of Linear Interpolation Clause in Contracts

Linear Interpolation. If the applicable Final Terms specifies a Linear Interpolation as applicable in respect of an Interest Period, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicable) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicable), one of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the period of time next shorter or, as the case may be, next longer, then the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Principal Paying Agent or the Calculation Agent Agent, as applicable, shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Fiscal Agent or, where the applicable Final Terms specifies a Calculation Agent, the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Fiscal Agent or, where the applicable Final Terms specifies a Calculation Agent, the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If Where Linear Interpolation is specified in the applicable Final Terms specifies a Linear Interpolation as applicable the manner in which Rate of Interest is to be determined in respect of an Interest Period, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon in the applicable Final Terms as applicablethe manner in which Rate of Interest is to be determined) or the relevant Floating Rate Option (where ISDA Determination is specified hereon in the applicable Final Terms as applicablethe manner in which Rate of Interest is to be determined), one of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the period of time next shorter or, as the case may be, next longer, then the Calculation Agent Issuer shall appoint an Independent Adviser to determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Pricing Supplement, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Fiscal Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Pricing Supplement) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Pricing Supplement), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Fiscal Agent or the Calculation Agent Agent, as applicable, shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If Where Linear Interpolation is specified in the applicable relevant Final Terms specifies a Linear Interpolation as applicable in respect of an Interest Accrual Period, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Accrual Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon in the relevant Final Terms as applicable) or the relevant Floating Rate Option (where ISDA Determination is specified hereon in the relevant Final Terms as applicable), one of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Accrual Period and the other of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period Accrual Period, provided however that if there is no rate available for the period of time next shorter or, as the case may be, next longer, then the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Principal Paying Agent or the Calculation Agent Agent, as applicable, in consultation with the Issuer shall determine such rate at such time and by reference to such sources as it determines both determine appropriate. Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Issuing and Principal Paying Agent or the Calculation Agent Agent, as applicable by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Issuing and Principal Paying Agent or the Calculation Agent Agent, as applicable, shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If Where Linear Interpolation is specified in the applicable relevant Final Terms specifies a Linear Interpolation as applicable in respect of an Interest Accrual Period, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Accrual Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon in the relevant Final Terms as applicable) or the relevant Floating Rate Option (where ISDA Determination is specified hereon in the relevant Final Terms as applicable), one of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Accrual Period and the other of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Accrual Period provided however that if there is no rate available for the period of time next shorter or, as the case may be, next longer, then the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Principal Paying Agent or the Calculation Agent Agent, as applicable (in consultation with the Issuer), shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms or (in the case of Exempt Notes) the applicable Pricing Supplement, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms or (in the case of Exempt Notes) the applicable Pricing Supplement) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms or (in the case of Exempt Notes) the applicable Pricing Supplement), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Calculation Agent or the Principal Paying Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms for Floating Rate Notes referencing EURIBOR) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period Period, provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Calculation Agent or the Principal Paying Agent shall determine such rate at such time and by reference to such sources as it the Issuer, or an Independent Adviser (as defined in Condition 5(b)(3)) appointed by it, determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Principal Paying Agent or the Calculation Agent Agent, as applicable, shall determine such rate at such time and by reference to such sources as it such sources as an independent adviser, appointed by the Issuer and acting in good faith and in a commercially reasonably manner, determines appropriate.

Linear Interpolation. If Where Linear Interpolation is specified in the applicable Final Terms specifies a Linear Interpolation as applicable in respect of an Interest Accrual Period, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Interest Accrual Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicablein the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicablein the applicable Final Terms), one of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Accrual Period and the other of which shall be determined as if the Applicable Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Accrual Period provided however that if there is no rate available for the period of time next shorter or, as the case may be, next longer, then the Calculation Agent Issuer (acting in good faith and in a commercially reasonable manner, and in consultation with an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer) shall determine such rate at such time and by reference to such sources as it determines appropriate.

Linear Interpolation. If the applicable Final Terms specifies a Where Linear Interpolation is specified as applicable in respect of an a Floating Interest PeriodPeriod in the applicable Final Terms, the Rate of Interest (where Screen Rate Determination is specified hereon as applicable) or rate (where ISDA Determination is specified hereon as applicable) for such Floating Interest Period shall be calculated by the Principal Paying Agent or the Calculation Agent Agent, as applicable, by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified hereon as applicableapplicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified hereon as applicableapplicable in the applicable Final Terms), one of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Floating Interest Period and the other of which shall be determined as if the Applicable Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Floating Interest Period provided however that if there is no rate available for the a period of time next shorter or, as the case may be, next longer, then the Principal Paying Agent or the Calculation Agent Agent, as applicable, shall determine such rate at such time and by reference to such sources as it determines appropriate.