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📄 Extracted Text (484 words)
If such rate does not appear on FIMMDA's Website or the National Stock
Exchange of India's Website as of 10:40 a.m., India Standard Time, on that Business
Day, the rate for that Business Day will be the rate which appeals on the Reuters Screen
MIBR= Page next to the caption "FIXING@940AM". If such rate does not appear on
thc Reuters Screen MIBR= Page as of 10:40 a.m., India Standard Time, on that Business
Day. the rate for that Business Day will be determined as if the parties had specified
"INR-Reference Banks" as the applicable Floating Rate Option for purposes of
determining R1.
(ii) "INR-MITOR-OIS-COMPOUND" means that the rate for a Reset Date,
calculated in accordance with the formula set forth below in this subparagraph, will be thc rate of
retum of a daily compound interest investment (it being understood that the reference rate for the
calculation of interest is the arithmetic mean of the daily rates of the day-to-day interbank INR
tomorrow offered rate).
"INR-MITOR-OIS-COMPOUND" will be calculated as follows, and the resulting
percentage will be rounded, if necessary, in accordance with method set forth in Section 8.1(a),
but to the nearest one ten-thousandth of a percentage point (0.000I%):
[tii(1+ 7) dx_3765
where:
"d„", for any Calculation Period, is the number of Business Days in the relevant
Calculation Period;
"I" is a series of whole numbers from one to do, each representing the relevant
Business Days in chronological order from, and including, the first Business Day in the
relevant Calculation Period;
"n," is the number of calendar days in the relevant Calculation Period on which
the rate is Ri;
"d" is the number of calendar days in the relevant Calculation Period; and
-R,", for any Business Day "i" in the relevant Calculation Period is the Mumbai
Inter-Bank Tomorrow Offered Rate, as published by FIMMDA for a period of the
Designated Maturity which appears on the Reuters Screen MIFOR= Page as of 10:30
a.m., India Standard Time, on that Business Day. If such rate does not appear on the
Reuters Screen MIFOR= Page as of 11:30 a.m., India Standard Time, on that Business
Day then the rate for that Business Day will be the rate for a period of the Designated
Maturity as published on that Business Day on FIMMDA's Website under the
"Benchmark" menu under the caption "MIFOR Rate" and "Rate Offer" or on such other
part of FIMMDA's Website as may be reorganised from time to time. If such rate does
not appear on FIMMDA's Website as of 11:30 a.m., India Standard Time, on that
Business Day, the rate for that Business Day will be determined as if the parties had
specified "INR-Reference Banks" as the applicable Floating Rate Option. In such case
the Calculation Agent will ask each of the Reference Banks to provide a quotation of
40
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091725
CONFIDENTIAL SDNY GM_00237909
EFTA01388263
ℹ️ Document Details
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29ab215b92ad507b63f5f1c99d7282b156e4cd74499d30a3c7eb680d4d414387
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EFTA01388263
Dataset
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document
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1
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