Common use of Exempt Notes Clause in Contracts

Exempt Notes. In the case of Exempt Notes which are also Floating Rate Notes, if the Reference Rate from time to time is specified in the applicable Pricing Supplement as being other than EURIBOR, NIBOR, STIBOR, CIBOR or €STR, the Rate of Interest in respect of such Exempt Notes will be determined as provided in the applicable Pricing Supplement. The rate or amount of interest payable in respect of Exempt Notes which are not also Fixed Rate Notes or Floating Rate Notes shall be determined in the manner specified in the applicable Pricing Supplement, provided that where such Notes are denominated in Swiss francs and offered to the public in Switzerland and/or listed on the SIX Swiss Exchange the provisions of Condition 3.2 shall, save to the extent amended in the applicable Pricing Supplement, apply as if the references therein to Floating Rate Notes and to the Agent were references to Notes denominated in Swiss francs and offered to the public in Switzerland and/or listed on the SIX Swiss Exchange and the party responsible for the calculation of the Rate of Interest (as specified in the applicable Final Terms), respectively, and provided further that such other party responsible for the calculation of the Rate of Interest will notify the Agent of the Rate of Interest for the relevant Interest Period as soon as practicable after calculating the same.

Exempt Notes. In the case of Exempt Notes which are also Floating Rate NotesNotes where the applicable Pricing Supplement identifies that Screen Rate Determination applies to the calculation of interest, if the Reference Rate from time to time is specified in the applicable Pricing Supplement as being other than LIBOR, EURIBOR, NIBOR, STIBOR, CIBOR ▇▇▇▇▇▇ or €STR▇▇▇▇▇, the Rate of Interest in respect of such Exempt Notes will be determined as provided in the applicable Pricing Supplement. The rate or amount of interest payable in respect of Exempt Notes which are not also Fixed Rate Notes or Floating Rate Notes shall be determined in the manner specified in the applicable Pricing Supplement, provided that where such Notes are denominated in Swiss francs and offered to the public in Switzerland and/or listed on the SIX Swiss Exchange the provisions of Condition 3.2 shall, save to the extent amended in the applicable Pricing Supplement, apply as if the references therein to Floating Rate Notes and to the Agent were references to Notes denominated in Swiss francs and offered to the public in Switzerland and/or listed on the SIX Swiss Exchange and the party responsible for the calculation of the Rate of Interest (as specified in the applicable Final Terms)Calculation Agent, respectively, and provided further that such other party responsible for the calculation of the Rate of Interest Calculation Agent will notify the Agent of the Rate of Interest for the relevant Interest Period as soon as practicable after calculating the same.