Reference Banks Agent definition

Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer.
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Reference Rate means (i) Compounded Daily €STR, (ii) EURIBOR, (iii) XXXXXX, and (iv) NIBOR, in each case for the relevant period, as specified in the applicable Final Terms;
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer;

Examples of Reference Banks Agent in a sentence

  • If two or more of the Reference Banks provide the Reference Banks Agent with offered quotations, the Rate of Interest for the Interest Period shall be the arithmetic mean (rounded if necessary to the fifth decimal place with 0.000005 being rounded upwards) of the offered quotations plus or minus (as appropriate) the Margin (if any), all as determined by the Agent.

  • If on any Reset Determination Date only one or none of the Reference Banks provides the Reference Banks Agent with an offered quotation as provided in the foregoing provisions of this paragraph, the Subsequent Reset Rate shall be determined as at the last preceding Reset Determination Date or, in the case of the first Reset Determination Date, the Subsequent Reset Rate shall be the Initial Rate of Interest.

  • If the Relevant Screen Page is not available or if, in the case of (A) above, no offered quotation appears or, in the case of (B) above, fewer than three offered quotations appear, in each case as at the Specified Time, the Reference Banks Agent shall request each of the Reference Banks to provide the Reference Banks Agent with its offered quotation (expressed as a percentage rate per annum) for the Reference Rate at approximately the Specified Time on the Interest Determination Date in question.

  • If two or more of the Reference Banks provide the Reference Banks Agent with offered quotations, the Subsequent Reset Rate for the relevant Reset Period shall be the arithmetic mean (rounded if necessary to the fifth decimal place, with 0.000005 being rounded upwards) of the offered quotations plus or minus (as appropriate) the applicable Reset Margin (if any), all as determined, and notified in writing to the Agent and the Issuer, by the Reference Banks Agent.

  • If two or more of the Reference Banks provide the Reference Banks Agent with such offered quotations, the Rate of Interest for such Interest Period shall be the arithmetic mean (rounded if necessary to the fifth decimal place with 0.000005 being rounded upwards) of such offered quotations plus or minus (as appropriate) the Margin (if any), all as determined by the Principal Paying Agent.


More Definitions of Reference Banks Agent

Reference Banks Agent means an independent financial institution of international repute or other independent financial adviser with appropriate expertise in the international debt capital markets, in each case appointed by the Issuer to perform the functions specified of it in Condition 4(b)(iii)(B).
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Specified Time means 11.00 a.m. (London time, in the case of a determination of LIBOR, Brussels time, in the case of a determination of EURIBOR, or Stockholm time, in the case of a determination of XXXXXX) or
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Reference Bond shall be as set out in the applicable Final Terms or shall be the FA Selected Bond; Reference Bond Price means, with respect to any date of redemption, (A) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (B) if the Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations; Reference Bond Quotation means, in relation to a Reset Reference Bank and a Reset Determination Date:
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Relevant Resolution Authority means, in respect of any BRRD Entity, the resolution authority with the ability to exercise any Bail-in Powers in relation to such BRRD Entity; Series means a Tranche of Notes together with any further Tranche or Tranches of Notes which are
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Specified Time means 11.00 a.m. (Brussels time, in the case of a determination of EURIBOR, or Stockholm time, in the case of a determination of XXXXXX) or 12.00 p.m. (Oslo time, in the case of a determination of NIBOR); Statutory Extended Final Maturity Date means the date to which the Issuer’s obligation to pay the amount outstanding on the Maturity Date is deferred in the event the Issuer receives a Statutory Maturity Extension Approval;
Reference Banks Agent means an independent investment bank, commercial bank, stockbroker, financial institution or adviser with appropriate expertise appointed by the Issuer at its own expense. Reference Rate means, as specified in the Final Terms, (i) the London interbank offered rate (LIBOR), (ii) the Euro-zone interbank offered rate (EURIBOR), (iii) the Singapore interbank offered rate (SIBOR), (iv) the Tokyo interbank offered rate (TIBOR), (v) the Hong Kong interbank offered rate (HIBOR) or (vi) the bank rate of the Bank of England (the Bank of England Base Rate), in each case for the relevant currency and for the relevant period (if applicable), as specified for each in the Final Terms. Relevant Financial Centre means the financial centre specified as such in the Final Terms or if none is so specified: (i) in the case of a determination of LIBOR, London, (ii) in the case of a determination of EURIBOR, Brussels, (iii) in the case of a determination of SIBOR, Singapore, (iv) in the case of a determination of TIBOR, Tokyo, (v) in the case of a determination of HIBOR, Hong Kong or (vi) in the case of a determination of the Bank of England Base Rate, London. Relevant Time means the time specified as such in the Final Terms or if none is so specified: (i) in the case of a determination of LIBOR, 11.00 a.m., (ii) in the case of a determination of EURIBOR, 11.00 a.m., (iii) in the case of a determination of SIBOR, 11.00 a.m., (iv) in the case of a determination of TIBOR, 11.00 a.m. (v) in the case of a determination of HIBOR, 11.00 a.m. or (vi) in the case of a determination of the Bank of England Base Rate, 11.00 a.m., in each case in the Relevant Financial Centre.
Reference Banks Agent means an independent investment bank, commercial bank or stockbroker appointed by the Issuer; Reference Bond Price means, with respect to any date of redemption, (A) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (B) if the Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations; Reference BondQuotation means, in relation to a Reset Reference Bank and a Reset Determination Date: