XXXXX Compounded IndexStart is equal to the XXXXX Compounded Index value on the date that is two Bank of Canada Business Days preceding the first date of the relevant Guarantor Calculation Period;
XXXXX Compounded IndexStart means, with respect to an Interest Accrual Period, the XXXXX Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Accrual Period; and
XXXXX Compounded IndexStart means, with respect to an Interest Period, the XXXXX Compounded Index Value on the first day of the relevant Observation Period;
More Definitions of XXXXX Compounded IndexStart
XXXXX Compounded IndexStart means, with respect to an Interest Period, the XXXXX Xxxxxxxxxx Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Period; and
XXXXX Compounded IndexStart is the XXXXX Compounded Index value on the date that is two Bank of Canada Business Days preceding the first date of the relevant interest period in the Floating Rate Period, as published by the Bank of Canada, as the administrator of such rate (or any successor administrator of such rate), on the website of the Bank of Canada or any successor website; • “XXXXX Compounded Indexend” is the XXXXX Compounded Index value on the date that is two Bank of Canada Business Days preceding the Interest Payment Date relating to the relevant interest period in the Floating Rate Period, as published by the Bank of Canada, as the administrator of such rate (or any successor administrator of such rate), on the website of the Bank of Canada or any successor website; • “d” is the number of calendar days in the relevant Observation Period; and • “XXXXX Compounded Index” means the measure of the cumulative impact of the Canadian Overnight Repo Rate Average (XXXXX) compounding over time administered and published by the Bank of Canada (or any successor administrator).
XXXXX Compounded IndexStart is the XXXXX Compounded Index value on the date that is two Bank of Canada Business Days preceding the first date of the relevant interest period, as published by the Bank of Canada, as the administrator of such rate (or any successor administrator of such rate), on the website of the Bank of Canada or any successor website;
XXXXX Compounded IndexStart means the XXXXX Compounded Index value relating to the London Banking Day falling the Relevant Number of London Banking Days prior to the first day of the relevant Interest Period; and the XXXXX Compounded Index means, with respect to any London Banking Day, the value of the XXXXX compounded index that is provided by the administrator of the XXXXX reference rate to authorised distributors and as then published on the Relevant Screen Page (or, if the Relevant Screen Page is unavailable, as otherwise published by such authorised distributors) in respect of such London Banking Day. If, where any Rate of Interest is to be calculated pursuant to this Condition 5(b)(ii)(D), the relevant XXXXX Compounded Index value required to determine XXXXX Compounded IndexStart or XXXXX Compounded IndexEnd is not available on the Relevant Screen Page and has not otherwise been published or displayed by the administrator of the XXXXX reference rate or the relevant authorised distributors by 5.00 p.m. (London time) (or, if later, by the time falling one hour after the customary or scheduled time for publication thereof in accordance with the then-prevailing operational procedures of the administrator of the XXXXX reference rate or of such other information service, as the case may be) on the relevant Interest Determination Date, the Compounded Daily XXXXX Rate for the applicable Interest Period for which the relevant XXXXX Compounded Index value is not available shall be "Compounded Daily XXXXX" determined in accordance with Condition 5(b)(ii)(C) above as if Index Determination had been specified in the applicable Final Terms as being Not Applicable, and for these purposes: (i) the "Observation Method" shall be deemed to be "Observation Shift" and (ii) the "Observation Shift Period" shall be deemed to be equal to the Relevant Number of London Banking Days, as if those alternative elections had been made in the applicable Final Terms. If the Notes become due and payable in accordance with Condition 10, the final Rate of Interest shall be calculated for the period from (and including) the previous Interest Payment Date to (but excluding) the date on which the Notes become so due and payable, and such Rate of Interest shall continue to apply to the Notes for so long as interest continues to accrue thereon as provided in Condition 5(c).
XXXXX Compounded IndexStart means, in respect of an Interest Period, the XXXXX Compounded Index Value on the date falling “p” London Business Days prior to (i) the first day of such Interest Period, or (ii) in the case of the first Interest Period, the Issue Date;
XXXXX Compounded IndexStart means, with respect to an Interest Accrual Period, the XXXXX Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Accrual Period; and XXXXX Compounded IndexEnd means, with respect to an Interest Accrual Period, the XXXXX Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to (A) the Interest Payment Date for such Interest Accrual Period, or (B) such other date on which the relevant payment of interest falls due (but which by its definition or the operation of the relevant provisions is excluded from such Interest Accrual Period).
XXXXX Compounded IndexStart means, with respect to an Interest Period, the XXXXX Compounded Index Value on the first day of the relevant Observation Period; (vi) “XXXXX Compounded IndexEnd” means the XXXXX Compounded Index Value on the last day of the relevant Observation Period; and (vii) “XXXXX Compounded Index Value” means, in relation to any London Banking Day, the value of the XXXXX Compounded Index as published on the Relevant Screen Page on such London Banking Day or, if the value of the XXXXX Compounded Index cannot be obtained from the Relevant Screen Page, as published on the Bank of England’s website at xxx.xxxxxxxxxxxxx.xx.xx/xxxxxxx/xxxxxxxx/ (or such other page or website as may replace such page for the purposes of publishing the XXXXX Compounded Index) in respect of the relevant London Banking Day. Subject to Condition 6H (Benchmark Discontinuation), if the XXXXX Compounded Index Value is not available in relation to any Interest Period on the Relevant Screen Page or the Bank of England’s website (or such other page or website referred to in the definition of “XXXXX Compounded Index Value” above) for the determination of either or both of XXXXX Compounded IndexSTART and XXXXX Compounded IndexEND, the Rate of Interest for such Interest Period shall be “Compounded Daily XXXXX” determined in accordance with Condition 6B(7) above plus or minus (as indicated in the relevant Final Terms) the applicable Margin and as if Index Determination were specified in the applicable Final Terms as being “Not Applicable”, and for these purposes: (A) (i) the “Observation Method” shall be deemed to be “Shift” and (ii) the “Observation Period” shall be deemed to be equal to the “XXXXX 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