Interest Determination Date is as defined in Condition 32(b)(iv) and Condition 32(c)(iii); "Interest Period End Date" is as defined in Condition 32(b)(i);
Interest Determination Date means the [second][insert number of days] Banking Day [•] prior to the commencement of the relevant Interest Period. [In case of a Margin insert: The "Margin" amounts to [•] per cent per annum.] "Screen Page" means [insert relevant Screen Page] or each successor screen page. [If the Interest Rate is calculated on a different basis, insert all details here.] [In the case of Dual Currency Certificates and Partially Paid Deposited Certificates, insert all details here.] If, in the above case (b), five or more such offered quotations are available on the Screen Page, the highest (or, if there is more than one such highest rate, only one of such rates) and the lowest (or, if there is more than one such lowest rate, only one of such rates) shall be disregarded by the Calculation Agent for the purpose of determining the arithmetic mean (rounded as provided above) of such offered quotations, and this rule shall apply throughout this paragraph (2). If the relevant Screen Page is not available in each case as at such time, or if, in the case of
Interest Determination Date has the meaning given to it in the relevant Note Final Terms.
More Definitions of Interest Determination Date
Interest Determination Date shall be [the [●] Banking Day that precedes the respective Interest Payment Date] [insert other manner to determine the Interest Determination Date]. The Calcula- tion Agent shall – as soon as possible [as follows] [pursuant to § [●]] – notify the Noteholders and Stock Exchanges, on which the Certificates are listed, about the Reference Rate, Interest Amount and Interest Payment Date for the respective Interest Period. [If the respective Screen Page [●] necessary for determination of the relevant Reference Rate is un- available on the respective Interest Determination Date or if it does not show any Reference Rate, then the Calculation Agent shall obtain the quotations from five [●] Reference Banks [in the Euro Zone] [on the] [London] [inter-bank market]. If two or more of the Reference Banks provide the Calculation Agent with such offered quotations, the Rate of Interest shall be the arithmetic mean of such offered Reference Rates, as determined by the Calculation Agent. [If one of the Reference Xxxxx fails to pro- vide a quotation, then the Reference Rate shall be calculated on the basis of the other Banks’ quota- tions.] If only one or none of the Reference Banks provide the Calculation Agent with such quotation, then the Reference Interest Rate shall be the rate as determined on the last date before the relevant In- terest Determination Date, on which such reference interest rate was available on the respective Screen Page.] [If the Reference Rate cannot be determined on the respective Interest Determination Date according to above provisions, then the Calculation Agent shall determine the Reference Interest Rate in his equitable discretion.]
Interest Determination Date means, with respect to an Interest Rate and Interest Accrual Period, the date specified as such in the applicable Final Terms or, if none is so specified, (i) the first day of such Interest Accrual Period if the Relevant Currency is Sterling or (ii) the day falling two Business Days in London for the Relevant Currency prior to the first day of such Interest Accrual Period if the Relevant Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Relevant Currency is euro.
Interest Determination Date. [[●] [TARGET] Business Days in [specify city] for [specify currency] prior to [the first day in each Interest Accrual Pe- riod/each Interest Payment Date]] Primary Source for Floating Rate: [Specify relevant screen page or “Reference Banks”] Reference Banks (if Primary Source is “Reference Banks”): [Specify five]
Interest Determination Date means the [second] [insert other applicable number of days] [TARGET] [London] [insert other relevant financial centre] Banking Day prior to the commencement of the relevant Interest Period. [in the case of a TARGET Banking Day, insert: "TARGET Banking Day" means a day on which TARGET is operational.] [in the case of a non- TARGET Banking Day, insert: "[London] [insert other relevant financial centre] Banking Day" means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency) in [London] [insert other relevant financial centre]].