UK BENCHMARKS REGULATION Sample Clauses

UK BENCHMARKS REGULATION. UK Benchmarks Regulation – Article 29(2) statement on benchmarks: [Not Applicable]/[Applicable: Amounts payable under the Notes will be calculated by reference to [specify benchmark(s) (as this term is defined in the UK Benchmarks Regulation)] which [is/are] provided by [insert legal name(s) of the benchmark administrator(s) – if more than one specify in relation to each relevant benchmark]. As at the date of these Final Terms, [insert legal name(s) of the benchmark administrator(s)] [is/are] [not] included in the register of administrators established and maintained by the Financial Conduct Authority pursuant to Article 36 of Regulation (EU) 2016/1011 as it forms part of domestic law by virtue of the EUWA (the “UK Benchmarks Regulation”). [As far as the Issuer is aware, [specify benchmark(s) (as this term is defined in the UK Benchmarks Regulation)] [does/do] not fall within the scope of the UK Benchmarks Regulation/the transitional provisions in Article 51 of the UK Benchmarks Regulation apply] such that [insert legal name(s) of the benchmark administrator(s)] [is/are] not currently required to obtain authorisation or registration (or, if located outside the UK, recognition, endorsement or equivalence).]]
Sample 1
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