Relevant Nominating Body definition

Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

Relevant Nominating Body means, in respect of a reference rate:

Relevant Nominating Body means any applicable central bank, regulator or other supervisory authority or a group of them, or any working group or committee sponsored or chaired by, or constituted at the request of, any of them or the Financial Stability Board.

Examples of Relevant Nominating Body in a sentence

• Furthermore, for floating rate securities currently using official SOR fixings administered by ABS as the Original Reference Rate, it is anticipated that only Identified SORA selected or recommended by the Relevant Nominating Body (i.e. official fixings), if any, should be used as the Benchmark Replacement for the Original Reference Rate.

• However, if by 5:00 p.m., New York City time, on the Cut-off Date, more than one Relevant Nominating Body formally designates, nominates or recommends an Alternative Post-Nominated Indexand those designations, nominations or recommendations are not the same, then the Calculation Agent Nominated Replacement Index rate will apply to the Notes.

• However, if by 5:00 p.m., New York City time, on the Cut-off Date, more than one Relevant Nominating Body formally designates, nominates or recommends an Alternative Post-Nominated Index and those designations, nominations or recommendations are not the same, then the Calculation Agent Nominated Replacement Index rate will apply to the USD SOFR ICE Swap Rate Notes.

• Successor Rate means the rate that the Independent Adviser determines (acting in good faith and in a commercially reasonable manner) is a successor to or replacement of PRIBOR which is formally recommended by any Relevant Nominating Body.

• The purpose of the recommendation would be to satisfy the language in loan replacement of screen rate language and bond fallbacks which refer to a credit adjustment spread designated / nominated / recommended by a Relevant Nominating Body.

More Definitions of Relevant Nominating Body

Relevant Nominating Body means, in respect of the replacement of the Affected Benchmark:

Relevant Nominating Body means, in respect of an Original Reference Rate:

Relevant Nominating Body means, in respect of an Index:

Relevant Nominating Body means, subject to applicable law, firstly any relevant supervisory authority, secondly any applicable central bank, or any working group or committee of any of them, or thirdly the Financial Stability Council (Sw. Finansiella stabilitetsrådet) or any part thereof.

Relevant Nominating Body means, in respect of a Reference Rate: (i) the central bank for the currency to which the Reference Rate relates, or any central bank or other supervisory authority which is responsible for supervising the administrator of the Reference Rate; or (ii) any working group or committee sponsored by, chaired or co- chaired by or constituted at the request of: (A) the central bank for the currency to which the Reference Rate relates; (B) any central bank or other supervisory authority which is responsible for supervising the administrator of the Reference Rate; (C) a group of the aforementioned central banks or other supervisory authorities; or (D) the Financial Stability Board or any part thereof; and

Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable): (i) the central bank for the currency to which the benchmark or screen rate (as applicable) relates, or any central bank or other supervisory authority which is responsible for supervising the administrator of the benchmark or screen rate (as applicable); or (ii) any working group or committee sponsored by, chaired or co-chaired by or constituted at the request of (a) the central bank for the currency to which the benchmark or screen rate (as applicable) relates, (b) any central bank or other supervisory authority which is responsible for supervising the administrator of the benchmark or screen rate (as applicable), (c) a group of the aforementioned central banks or other supervisory authorities or (d) the Financial Stability Board or any part thereof;

Relevant Nominating Body means, in respect of the replacement of the Original Benchmark Rate: