Rates of Interest and Interest Payment Dates. Each Reset Note bears interest: (i) from (and including) the Interest Commencement Date specified in the applicable Final Terms until (but excluding) the First Reset Date at the rate per annum equal to the Initial Rate of Interest; (ii) from (and including) the First Reset Date until (but excluding) the first Subsequent Reset Date or, if no Subsequent Reset Date is specified in the applicable Final Terms, the Maturity Date at the rate per annum equal to the First Reset Rate of Interest; and (iii) for each Subsequent Reset Period thereafter (if any), at the rate per annum equal to the relevant Subsequent Reset Rate of Interest, payable, in each case, in arrear on the date(s) so specified in the applicable Final Terms on which interest is payable in each year (each an "Interest Payment Date") (subject to adjustment as described in the second paragraph of Condition 3(a)) and on the Maturity Date if that does not fall on an Interest Payment Date. The Rate of Interest and the amount of interest (the "Interest Amount") payable shall be determined by the Calculation Agent, (A) in the case of the Rate of Interest, at or as soon as practicable after each time at which the Rate of Interest is to be determined, and (B) in the case of the Interest Amount in accordance with the provisions for calculating amounts of interest in Condition 3(a) and, for such purposes, references in the second and third paragraphs of Condition 3(a) to "Fixed Rate Notes" shall be deemed to be to "Reset Notes" and Condition 3(a) shall be construed accordingly. In these Terms and Conditions:
Appears in 6 contracts
Samples: Trust Deed, Forty First Supplemental Trust Deed, Supplemental Trust Deed
Rates of Interest and Interest Payment Dates. Each Reset Note bears interest:
(iA) from (and including) the Interest Commencement Date specified in the applicable Final Terms until (but excluding) the First Reset Date at the rate per annum equal to the Initial Rate of Interest;
(iiB) from (and including) the First Reset Date until (but excluding) the first Subsequent Reset Date or, if no Subsequent Reset Date is specified in the applicable Final Terms, the Maturity Date at the rate per annum equal to the First Reset Rate of Interest; and
(iiiC) for each Subsequent Reset Period thereafter (if any), at the rate per annum equal to the relevant Subsequent Reset Rate of Interest, payable, in each case, in arrear on the date(s) so specified in the applicable Final Terms on which interest is payable in each year (each an "Interest Payment Date") (subject to adjustment as described in the second paragraph of Condition 3(a)) and on the Maturity Date if that does not fall on an Interest Payment Date. The Rate of Interest and the amount of interest (the "Interest Amount") payable shall be determined by the Calculation Agent, (A) in the case of the Rate of Interest, at or as soon as practicable after each time at which the Rate of Interest is to be determined, and (B) in the case of the Interest Amount in accordance with the provisions for calculating amounts of interest in Condition 3(a) and, for such purposes, references in the second and third paragraphs of Condition 3(a) to "Fixed Rate Notes" shall be deemed to be to "Reset Notes" and Condition 3(a) shall be construed accordingly. In these Terms and Conditions:
Appears in 4 contracts
Samples: Trust Deed, Third Supplemental Trust Deed, Fifth Supplemental Trust Deed
Rates of Interest and Interest Payment Dates. Each Reset Note bears interest:
(iA) from (and including) the Interest Commencement Date specified in the applicable Final Terms until Pricing Supplement to (but excluding) the First Reset Date at the rate per annum equal to the Initial Rate of Interest;
(iiB) from (and including) the First Reset Date until to (but excluding) the first Subsequent Second Reset Date or, if no Subsequent such Second Reset Date is specified in the applicable Final TermsPricing Supplement, the Maturity Date at the rate per annum equal to the First Reset Rate of Interest; and
(iiiC) for each if applicable, from (and including) the Second Reset Date to (but excluding) the first Subsequent Reset Period thereafter Date (if any), and each successive period from (and including) any Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date (if any) or the Maturity Date, as the case may be (each a "Subsequent Reset Period") at the rate per annum equal to the relevant Subsequent Reset Rate of Interest, (in each case rounded if necessary to the fifth decimal place, with 0.000005 being rounded upwards) payable, in each case, in arrear on the date(sInterest Payment Date(s) so specified in the applicable Final Terms on which interest is payable in each year (each an "Interest Payment Date") (subject to adjustment as described in the second paragraph of Condition 3(a)) and on the Maturity Date so specified if that does not fall on an Interest Payment Date. The Rate of Interest and the amount of interest (the "Interest Amount") payable shall be determined by the Calculation Agent, (A) in the case of the Rate of Interest, at or as soon as practicable after each time at which the Rate of Interest is to be determined, and (B) in the case of the Interest Amount in accordance with the provisions for calculating amounts of interest in Condition 3(a) and, for such purposes, references in the second and third paragraphs fourth paragraph of Condition 3(a) to "Fixed Rate Notes" shall be deemed to be to "Reset Notes" and Condition 3(a) shall be construed accordingly. In these Terms and Conditions:
Appears in 1 contract
Samples: Fiscal Agency Agreement
Rates of Interest and Interest Payment Dates. Each Reset Note bears interest:
(iA) from (and including) the Interest Commencement Date specified in the applicable Final Terms until or the Drawdown Prospectus (as the case may be) to (but excluding) the First Reset Date at the rate per annum equal to the Initial Rate of Interest;
(iiB) from (and including) the First Reset Date until to (but excluding) the first Subsequent Second Reset Date or, if no Subsequent such Second Reset Date is specified in the applicable Final TermsTerms or the Drawdown Prospectus (as the case may be), the Maturity Date at the rate per annum equal to the First Reset Rate of Interest; and
(iiiC) for each if applicable, from (and including) the Second Reset Date to (but excluding) the first Subsequent Reset Period thereafter Date (if any), and each successive period from (and including) any Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date (if any) or the Maturity Date, as the case may be (each a “Subsequent Reset Period”) at the rate per annum equal to the relevant Subsequent Reset Rate of Interest, (in each case rounded if necessary to the fifth decimal place, with 0.000005 being rounded upwards) payable, in each case, in arrear on the date(sInterest Payment Date(s) so specified in the applicable Final Terms on which interest is payable in each year (each an "Interest Payment Date") (subject to adjustment as described in the second paragraph of Condition 3(a)) and on the Maturity Date so specified if that does not fall on an Interest Payment Date. The Rate of Interest and the amount of interest (the "“Interest Amount"”) payable shall be determined by the Calculation Agent, (A) in the case of the Rate of Interest, at or as soon as practicable after each time at which the Rate of Interest is to be determined, and (B) in the case of the Interest Amount in accordance with the provisions for calculating amounts of interest in Condition 3(a6(a) and, for such purposes, references in the second and third paragraphs fourth paragraph of Condition 3(a6(a) to "“Fixed Rate Notes" ” shall be deemed to be to "“Reset Notes" ” and Condition 3(a6(a) shall be construed accordingly. In these Terms and Conditions:
Appears in 1 contract
Samples: Fiscal Agency Agreement
Rates of Interest and Interest Payment Dates. Each Reset Note bears interest:
(iA) from (and including) the Interest Commencement Date specified in the applicable Final Terms until to (but excluding) the First Reset Date at the rate per annum equal to the Initial Rate of Interest;
(iiB) from (and including) the First Reset Date until to (but excluding) the first Subsequent Second Reset Date or, if no Subsequent such Second Reset Date is specified in the applicable Final Terms, the Maturity Date at the rate per annum equal to the First Reset Rate of Interest; and
(iiiC) for each if applicable, from (and including) the Second Reset Date to (but excluding) the first Subsequent Reset Period thereafter Date (if any), and each successive period from (and including) any Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date (if any) or the Maturity Date, as the case may be (each a “Subsequent Reset Period”) at the rate per annum equal to the relevant Subsequent Reset Rate of Interest, (in each case rounded if necessary to the fifth decimal place, with 0.000005 being rounded upwards) payable, in each case, in arrear on the date(sInterest Payment Date(s) so specified in the applicable Final Terms on which interest is payable in each year (each an "Interest Payment Date") (subject to adjustment as described in the second paragraph of Condition 3(a)) and on the Maturity Date so specified if that does not fall on an Interest Payment Date. The Rate of Interest and the amount of interest (the "“Interest Amount"”) payable shall be determined by the Calculation Agent, (A) in the case of the Rate of Interest, at or as soon as practicable after each time at which the Rate of Interest is to be determined, and (B) in the case of the Interest Amount in accordance with the provisions for calculating amounts of interest in Condition 3(a6(a) and, for such purposes, references in the second and third paragraphs of Condition 3(a6(a)(iii) to "“Fixed Rate Notes" ” shall be deemed to be to "“Reset Notes" ” and Condition 3(a6(a) shall be construed accordingly. In these Terms and Conditions:
Appears in 1 contract
Samples: Fiscal Agency Agreement