Observation Method definition

Observation Method means [lag][observation shift].

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Observation Method means the method specified as such in the applicable Final Terms.

Observation Method has the meaning given to it in the relevant Loan Particulars;

Examples of Observation Method in a sentence

• Market terms for debt securities indexed to ▇▇▇▇▇, SOFR, €STR or SORA such as the spread over the index reflected in interest rate provisions or the applicable Observation Method, may evolve over time, and trading prices of the Floating Rate Notes may be lower than those of later-issued indexed debt securities as a result.

• If, with respect to any Interest Period, the relevant rate is not published for the Compounded Index either on the relevant Start or End date, then the Agent shall calculate the rate of interest for that Interest Period as if Index Determination was specified in the applicable Final Terms as not being applicable and Observation Shift had been specified as the Observation Method in the applicable Final Terms, and where the Observation Shift Period shall be deemed to be the same as the Relevant Number.

• Probationary and temporary unit members shall be formally evaluated each school year, using the Formal Observation Method, until they attain permanent status.

• Market terms for debt securities indexed to SONIA, SOFR, €STR or SORA such as the spread over the index reflected in interest rate provisions or the applicable Observation Method, may evolve over time, and trading prices of the Floating Rate Notes may be lower than those of later-issued indexed debt securities as a result.

More Definitions of Observation Method

Observation Method means the method specified in the relevant Final Terms.

Observation Method shall be deemed to be “Shift” and (ii) the “Observation Period” shall be deemed to be equal to the Relevant Number of U.S. Government Securities Business Days, as if such alternative elections had been made in the applicable Final Terms. Defined terms used in this Condition 6B(12) and not otherwise defined herein have the meanings given to them in Condition 6B(9).

Observation Method shall be deemed to be “Shift” and (ii) the “Observation Period” shall be deemed to be equal to the “▇▇▇▇▇ Compounded Index Observation Period”, as if those alternative elections had been made in the applicable Final Terms; and (B) the “Relevant Screen Page” shall be deemed to be the “Relevant Fallback Screen Page” specified in the relevant Final Terms. Screen Rate Determination for Floating Rate Notes referencing SOFR – Non-Index Determination

Observation Method. [Lag][Shift] (in respect of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Daily Rate) – Observation Look-Back Period: [[ ] [London Banking Day prior to the end of each Interest Period]/[TARGET2 Business Days]] [Not Applicable] – Relevant Number: [ ]/[Not Applicable] (in respect of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ – Interest Determination Date(s): [Second London Banking Day prior to the start of each Interest Period] [first day/first London Banking Day of each Interest Period] [[ ] [TARGET2/[ ]] Business Days [in [ ]] prior to the [ ] day in each Interest Period/each Interest Payment Date][[ ] London Banking Day prior to the end of each Interest Period] [ ] [[] U.S. Government Securities Business Days prior to the end of each Interest Period][[] TARGET2 Business Days prior to the end of each Interest Period] – Relevant Screen Page: [ ] – Relevant Time: [ ]

Observation Method means lag.

Observation Method shall be as set out in the relevant Final Terms;

Observation Method shall be as specified in the relevant Final Terms or, where “SARON” is specified in the applicable Final Terms as the Reference Rate and unless otherwise stated therein, shall be deemed to be “Observation Shift”;