Fallbacks. If, following the occurrence of: (1) a Benchmark Event; or (2) a Benchmark Transition Event (and its related Benchmark Replacement Date), in respect of the Original Reference Rate, on the immediately following Interest Determination Date: i. (in the case of (1) above) no Successor Rate or Alternative Rate (as applicable) is determined pursuant to Condition 4(b)(xi)(A) or (as the case may be) a Successor Rate or Alternative Rate (as applicable) is determined, but no Adjustment Spread is determined pursuant to Condition 4(b)(xi)(A); or
Appears in 3 contracts
Sources: Fifteenth Supplemental Trust Deed, Twelfth Supplemental Trust Deed, Thirteenth Supplemental Trust Deed