Common use of ISDA Determination for Floating Rate Notes Clause in Contracts

ISDA Determination for Floating Rate Notes. Where ISDA Determination is specified in the applicable Pricing Supplement as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be the relevant ISDA Rate plus or minus (as indicated in the applicable Pricing Supplement) the Margin (if any). For the purposes of this sub- paragraph (A), ‘‘ISDA Rate’’ for an Interest Period means a rate equal to the Floating Rate that would be determined by the Principal Paying Agent under an interest rate swap transaction if the Principal Paying Agent were acting as Calculation Agent for that swap transaction under the terms of an agreement incorporating the 2006 ISDA Definitions, as published by the International Swaps and Derivatives Association, Inc. and as amended and updated as at the Issue Date of the first Tranche of the Notes (the ‘‘ISDA Definitions’’) and under which: (1) the Floating Rate Option is as specified in the applicable Pricing Supplement; (2) the Designated Maturity is a period specified in the applicable Pricing Supplement; and (3) the relevant Reset Date is the day as specified in the applicable Pricing Supplement. For the purposes of this sub-paragraph (A), (i) ‘‘Floating Rate’’, ‘‘Calculation Agent’’, ‘‘Floating Rate Option’’, ‘‘Designated Maturity’’ and ‘‘Reset Date’’ have the meanings given to those terms in the ISDA Definitions.

ISDA Determination for Floating Rate Notes. Where ISDA Determination is specified in the applicable Pricing Supplement Final Terms as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be the relevant ISDA Rate plus or minus (as indicated in the applicable Pricing SupplementFinal Terms) the Margin (if any). For the purposes of this sub- paragraph (A)Condition 5B.3, ‘‘“ISDA Rate’’ ” for an Interest Period means a rate equal to the Floating Rate that would be determined by the Principal Issue and Paying Agent under an interest rate swap transaction if the Principal Issue and Paying Agent were acting as Calculation Agent (as defined below) for that swap transaction under the terms of an agreement incorporating the 2006 ISDA Definitions, Definitions as published by the International Swaps and Derivatives Association, Inc. and as supplemented, amended and updated as at the Issue Date of the first Tranche of the Notes (the ‘‘“ISDA Definitions’’”) and under which: (1) the Floating Rate Option is as specified in the applicable Pricing SupplementFinal Terms; (2) the Designated Maturity is a period specified in the applicable Pricing SupplementFinal Terms; and (3) the relevant Reset Date is the day as specified in the applicable Pricing SupplementFinal Terms. For the purposes of this sub-paragraph (A)Condition 5B.3, (i) ‘‘“Floating Rate’’”, ‘‘“Calculation Agent’’”, ‘‘“Floating Rate Option’’”, ‘‘“Designated Maturity’’ ” and ‘‘“Reset Date’’ ” have the meanings given to those terms in the ISDA Definitions.

ISDA Determination for Floating Rate Notes. Where ISDA Determination is specified in the applicable Pricing Supplement Final Terms as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be the relevant ISDA Rate plus or minus (as indicated in the applicable Pricing SupplementFinal Terms) the Margin (if any). For the purposes of this sub- paragraph (A)Condition 5B.3, ‘‘“ISDA Rate’’ ” for an Interest Period means a rate equal to the Floating Rate that would be determined by the Principal Issue and Paying Agent under an interest rate swap transaction if the Principal Issue and Paying Agent were acting as Calculation Agent (as defined below) for that swap transaction under the terms of an agreement incorporating the 2006 ISDA Definitions, Definitions as published by the International Swaps and Derivatives Association, Inc. and as amended and updated as at the Issue Date of the first Tranche of the Notes (the ‘‘“ISDA Definitions’’”) and under which: (1) the Floating Rate Option is as specified in the applicable Pricing SupplementFinal Terms; (2) the Designated Maturity is a period specified in the applicable Pricing SupplementFinal Terms; and (3) the relevant Reset Date is the day as specified in the applicable Pricing SupplementFinal Terms. For the purposes of this sub-paragraph (A)Condition 5B.3, (i) ‘‘“Floating Rate’’”, ‘‘“Calculation Agent’’”, ‘‘“Floating Rate Option’’”, ‘‘“Designated Maturity’’ ” and ‘‘“Reset Date’’ ” have the meanings given to those terms in the ISDA Definitions.