SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Observation Period, the SONIA reference rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".
SONIAi-pLBD. , means in respect of any London Banking Day "i" falling in the relevant Interest Accrual Period, the SONIA in respect of the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".
SONIAi-pLBD means, in respect of any London Business Day falling in the relevant Observation Period, the SONIA for the London Business Day falling "p" London Business Days prior to the relevant London Business Day "i".
More Definitions of SONIAi-pLBD
SONIAi-pLBD means, in respect of any London Business Day “i” falling in the relevant Interest Accrual Period, the SONIA reference rate for the London Business Day falling “p” London Business Days prior to the relevant London Business Day “i”.Subject to the provisions of Condition 5(b)(iii)(F), if, in respect of any London Business Day in the relevant Observation Period, the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) determines that the SONIA reference rate is not available on the Relevant Screen Page or has not otherwise been published by the relevant authorised distributors, such SONIA reference rate shall be:(x) the Bank of England’s Bank Rate (the “Bank of England Base Rate”) prevailing at 5:00 p.m. (or, if earlier, close of business) on the relevant London Business Day; plus(y) the mean of the spread of the SONIA reference rate to the Bank of England Base Rate over the previous five (5) London Business Days on which a SONIA reference rate has been published, excluding the highest spread (or, if there is more than one (1) highest spread, one only of those highest spreads) and lowest spread (or, if there is more than one (1) lowest spread, one only of those lowest spreads).Subject to the provisions of Condition 5(b)(iii)(F), if the Rate of Interest cannot be determined in accordance with paragraphs (x) and (y) by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement), the Rate of Interest shall be:(z) that determined as at the last preceding Interest Determination Date (though substituting, where a different Margin or Maximum Rate of Interest or Minimum Rate of Interest is to be applied to the relevant Interest Accrual Period from that which applied to the last preceding Interest Accrual Period, the Margin or Maximum Rate of Interest or Minimum Rate of Interest relating to the relevant Interest Accrual Period in place of the Margin or Maximum Rate of Interest or Minimum Rate of Interest relating to that last preceding Interest Accrual Period); or(aa) if there is no such preceding Interest Determination Date, the initial Rate of Interest which would have been applicable to the Notes for the first Interest Accrual Period had the Notes been in issue for a period equal in duration to the scheduled first Interest Accrual Period but ending on (and excluding) the Inter...
SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Interest Period, XXXXX for the London Banking Day falling "p" London Banking Days prior to that London Banking Day "i".
SONIAi-pLBD means, in relation to any London banking day “i” in such interest period, SONIA in respect of the London banking day falling “p” London banking days prior to such London banking day “i”, determined by the calculation agent;
SONIAi-pLBD means, in relation to any London Banking Day "i" falling in the relevant Interest Period, the SONIA rate for the London Banking Day falling "p" London Banking Days prior to such London Banking Day "i".
SONIAi-pLBD means in respect of any Business Day falling in the relevant Interest Period, the SONIA Reference Rate for the Business Day falling “p” Business Days prior to that Business Day “i”.
SONIAi-pLBD means, in respect of any London Banking Day "i", the SONIA Reference Rate for the London Banking Day falling "p" London Banking Days prior to such London Banking Day "i".
SONIAi-pLBD means the SONIA reference rate for the London Banking Day (being a London Banking Day falling in the relevant Observation Period) falling “p” London Banking Days prior to the relevant London Banking Day “i”; and(y) if, in respect of any London Banking Day in the relevant Observation Period, the applicable SONIA reference rate is not made available on the Relevant Screen Page or has not otherwise been published by the relevant authorised distributors, then (unless the Calculation Agent has been notified of any Successor Reference Rate or Alternative Reference Rate (and any related Adjustment Spread and/or Reference Replacement Amendments (as defined below)) pursuant to Condition 5(c)(v), if applicable) the SONIA reference rate in respect of such London Banking Day shall be: (A) the Bank of England’s Bank Rate (the “Bank Rate”) prevailing at 5.00 p.m. (London time) (or, if earlier, close of business) on such London Banking Day; plus (B) the arithmetic mean of the spread of the SONIA reference rate to the Bank Rate over the previous five London Banking Days on which a SONIA reference rate has been published, excluding the highest spread (or, if there is more than one highest spread, one only of those highest spreads) and lowest spread (or, if there is more than one lowest spread, one only of those lowest spreads),and the Rate of Interest for such Interest Accrual Period shall be the sum of the Margin and the rate so determined; provided, however, that if the Calculation Agent is unable to determine a rate in accordance with the above provisions in relation to any Interest Accrual Period, the Rate of Interest applicable to the Notes during such Interest Accrual Period will be the sum of the Margin and the rate last determined in relation to the Notes in respect of the last preceding Interest Accrual Period.