Compounded Daily SOFR. Where this paragraph (1) applies, the Rate of Interest for an Interest Accrual Period will, subject to Condition 4(b)(xi) and as provided below, be Compounded Daily SOFR with respect to such Interest Accrual Period plus or minus (as indicated in the applicable Final Terms) the applicable Margin (if any), all as determined by the Calculation Agent.
Appears in 3 contracts
Sources: Fifteenth Supplemental Trust Deed, Twelfth Supplemental Trust Deed, Thirteenth Supplemental Trust Deed
Compounded Daily SOFR. Where this paragraph (1A) applies, the Rate of Interest for an Interest Accrual Period will, subject to Condition 4(b)(xi5.2(f)(i)(B)(2) and as provided below, be Compounded Daily SOFR with respect to such Interest Accrual Period plus or minus (as indicated in the applicable Final Terms) the applicable Margin (if any), all as determined by the Calculation Agent.
Appears in 1 contract
Sources: Agency Agreement