ISDA Benchmarks Supplement definition

ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes of the relevant Series (as specified in the relevant Pricing Supplement)) published by the International Swaps and Derivatives Association, Inc;

ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes of the relevant Series (as specified in the relevant Final Terms)) published by the International Swaps and Derivatives Association, Inc;

ISDA Benchmarks Supplement means the Benchmarks Supplement ISDA published in September 2019.

Examples of ISDA Benchmarks Supplement in a sentence

• Except where a Confirmation expressly states otherwise, the ISDA Benchmarks Supplement published on September 19, 2018 will apply to all Transactions under this Agreement.

• It enables parties to specify fallbacks if a “Benchmark Trigger Event” occurs with respect to a “Relevant Benchmark” (including LIBOR or EURIBOR) (each term as defined in the ISDA Benchmarks Supplement) used in a relevant swap transaction (such as a Hedge Transaction).

• If no continuation amendment can be made under any of the alternative continuation fallbacks provided for in the ISDA Benchmarks Supplement, then by close of business on the applicable cut-off date, there shall be an additional termination event in respect of each affected transaction on the basis that both parties shall be “Affected Parties”.

• The specific fallbacks in the IBOR Fallbacks Supplement and IBOR Fallbacks Protocol take precedence over the more generic provisions in the ISDA Benchmarks Supplement (constituting “priority fallbacks” thereunder).

• The specific fallbacks in the IBOR Fallbacks Supplement and IBOR Fallbacks Protocol will take precedence over the more generic provisions in the ISDA Benchmarks Supplement (constituting “priority fallbacks” thereunder).

• The parties agree that the definitions and provisions contained in the ISDA Benchmarks Supplement published on September 19, 2018 by the International Swaps and Derivatives Association, Inc.

• The parties agree that the terms of the ISDA Benchmarks Supplement, as published by the International Swaps and Derivatives Association, Inc.

• The 2021 Definitions incorporate the approach taken under the IBOR Fallbacks Supplement with respect to certain specific benchmarks, including LIBOR and EURIBOR, and adopt the same approach as under the ISDA Benchmarks Supplement with respect to the remaining benchmarks, although the 2021 Definitions will be updated over time and hardwired “priority fallbacks” are likely to be included in for the majority of benchmarks referenced therein in future.

• Bond market participants may therefore wish to consider whether the extent of the mismatch between the terms of a bond that uses the ARRC fallbacks and any associated swap that uses the fallbacks set out in the ISDA Benchmarks Supplement would be problematic.

• While ISDA’s IBOR fallbacks (triggered by actual discontinuation) will take precedence for USD-LIBOR and other specified IBORs once implemented, the provisions of the ISDA Benchmarks Supplement may be used in advance of the ISDA IBOR fallbacks being implemented18 and, after implementation of the ISDA IBOR fallbacks, would apply if the ISDA IBOR fallbacks fail and/or at the occurrence of certain trigger events other than actual discontinuation (e.g. illegality).

More Definitions of ISDA Benchmarks Supplement

ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the Issue Date specified in the relevant Final Terms) published by the International Swaps and Derivatives Association, Inc.;

ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes published by the International Swaps and Derivatives Association, Inc. Unless otherwise stated in the applicable Final Terms, the Minimum Rate of Interest shall be deemed to be zero.

ISDA Benchmarks Supplement means the ISDA Benchmarks Supplement as published by the International Swaps and Derivatives Association, Inc. on September 19, 2018. A44420063

ISDA Benchmarks Supplement means any document published by ISDA to address any requirements under the Benchmark Regulation which does not automatically supplement the 2006 ISDA Definitions; "

ISDA Benchmarks Supplement means the ISDA Benchmarks Supplement published on 19 September 2018 (as may be amended and/or updated from time to time).

ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes of the relevant Series (as specified in the applicable Final Terms)) published by the International Swaps and Derivatives Association, Inc. Notwithstanding anything included in the ISDA Definitions, base prospectus, final terms/pricing supplements, and/or any other transaction document (the "Transaction Documents") for any Series of Notes to the contrary, the Issuer agrees that the Agent (in its capacity as Calculation Agent, if so appointed) will have no obligation to exercise any discretion (including, but not limited to, determinations of alternative or substitute benchmarks, successor reference rates, screen pages, interest adjustment factors/fractions or spreads, market disruptions, benchmark amendment conforming changes, selection and polling of reference banks), and to the extent the Transaction Documents for any Series of Notes requires the Calculation Agent to exercise any such discretions and/or make such determinations, such references shall be construed as the Issuer or its financial adviser or alternate agent appointed by the Issuer exercising such discretions and/or determinations and/or actions and not the Calculation Agent;.