end of either (I) Valuation Postponement for Price Source Disruption. (Ii) Deferral Period for Unscheduled Holiday, or (re) Cisnulatee Events, then the Settlement Rate will be detemined r accordance with the neat applicable Disruption Fallback on such day. For the avoidance of doubt, Cumulative Events, it applicabl

be exercised at the Expiration Time on the Expiration Date if at such time Buyer is in-the-money, unless: (a) at such time the difference between the Settlement Rate and the Fixed Rate under the Relevant Swap Transaction is less than any applicable Threshold; or (b) prior to such time Buyer notifies Seller or,

te) where a Swaption is deemed to be exercised pursuant to the provisions of Section 13.7 (Automatic Exercise) or Section 13.8 (Fallback Exercise). the Settlement Rate will be: (a) if the ISDA Settlement Matrix applies and an applicable Settlement Rate is specified in the ISDA Settlement Matrix, the par swap rate

the difference between: (A) the amounts that would be payable by the Fixed Rate Payer under the Relevant Swap Transaction if the Fixed Rate were the Settlement Rate; and (B) the amounts payable by the Fixed Rate Payer under the Relevant Swap Transaction. The discount rate used to calculate such present value

erence Banks apply generally at the time in deciding whether to offer or make an extension of credit. If five quotations are provided as requested, the Settlement Rate will be calculated by eliminating the highest and lowest rates and taking the arithmetic mean of the remaining rates. If at least three. but fewer

end of either (I) Valuation Postponement for Price Source ()eruption, (II) Deferral Period for Unscheduled Holiday, or OM Cisn Writhe Events, then the Settlement Rate will be determined it according, with the next applicable 0eruption FaNback on such day. For the avoidance of doubt Cumulative Events, if applicable