Relevant Determining Party definition
Relevant Determining Party means, with respect to confirming the occurrence of a Rate Replacement Event (as applicable) and determining a Replacement Rate and relevant Replacement Rate Adjustments, the Calculation Agent or an Independent Adviser, which in either case the Issuer appoints as its agent after a Rate Replacement Event has been determined to make such determinations; provided that if, using reasonable endeavours, neither the Calculation Agent nor, failing which, an Independent Adviser can be so appointed on commercially reasonable terms, the Relevant Determining Party will be the Issuer; and provided further that if the Issuer has appointed an Independent Adviser to determine an equivalent rate to the Replacement Rate and equivalent adjustments to the Replacement Rate Adjustments for any other securities of the Issuer and the Issuer determines in its reasonable discretion such determinations would be appropriate to apply as the Replacement Rate and Replacement Rate Adjustments under the Securities, the Issuer may elect to be the Relevant Determining Party.
Relevant Determining Party means (dd) "Jeweilige Festlegende Stelle" bezeichnet
Relevant Determining Party means, with respect to confirming the occurrence of a Rate Replacement Event (as applicable) and determining a Replacement Rate and relevant Replacement Rate Adjustments, the Calculation Agent or an Independent Adviser, which in either case the Issuer appoints as its agent after a Rate Replacement Event has been determined to make such determinations; provided that if, using reasonable endeavours, neither the Calculation Agent nor, failing which, an Independent Adviser can be so appointed on commercially reasonable terms, the
More Definitions of Relevant Determining Party
Relevant Determining Party means, with respect to confirming the occurrence of a Rate Replacement Event (as applicable) and determining a Replacement Rate and relevant Replacement
Relevant Determining Party means(i) the Issuer if in its opinion the Replacement Rate is obvious and as such without any reasonable doubt determinable by any investor that is knowledgeable in the respective type of bonds, such as the Notes; or(ii) failing which, an Independent Advisor, to be appointed by the Issuer at commercially reasonable terms, using reasonable endeavours, as its agent to make such determinations. (ee) "Independent Advisor" means an independent financial institution of international repute or any other independent advisor of recognised standing and with appropriate expertise mandated and paid for by the Issuer. (ff) "Relevant Guidance" means (i) any legal or supervisory requirement applicable to the Issuer or the Notes or, if none, (ii) any applicable requirement, recommendation or guidance of a Relevant Nominating Body or, if none, (iii) any relevant recommendation or guidance by industry bodies (including by ISDA), or, if none, (iv) any relevant market practice. For the avoidance of doubt, any replacement benchmark for a Reference Rate as designated by the EU Commission or a competent national authority of a Member State in accordance with Art. 23b (2) or Art. 23c (1) of the Benchmarks Regulation may also be taken into account. (gg) "Relevant Nominating Body" means (i) the central bank for the Specified Currency, or any central bank or other supervisor which is responsible for supervising either the Replacement Rate or the administrator of the Replacement Rate; or (ii) any working group or committee officially endorsed, sponsored or convened by or chaired or co-chaired by (w) the central bank for the Specified Currency, (x) any central bank or other supervisor which is responsible for supervising either the Reference Rate or the administrator of the Reference Rate, (y) a group of the aforementioned central banks or other supervisors or (z) the Financial Stability Board or any part thereof. (hh) "Replacement Rate Adjustments" means such adjustments to the Terms and Conditions as are determined consequential to enable the operation of the Replacement Rate (which may include, without limitation, adjustments to the applicable Business Day Convention, the definition of Business Day, the Interest Determination Date, the Day Count Fraction and any methodology or definition for obtaining or calculating the Replacement Rate). In determining any Replacement Rate Adjustments the Relevant Guidance shall be taken in account. (c) Termination. If a Replacement Rate, an Adjus...
Relevant Determining Party means, with respect to confirming the occurrence of a Rate