the relevant ISDAFIX Page as of the Expiration Time on the Expiration Date; or (c) if such rate does not appear on the relevant ISDAFIX Page or an ISDAFIX page is not available for such currency, the rate determined by Seller on the basis of the par swap rates quoted by the Cash Settlement Reference B

on is denominated for a period equivalent to the remaining Term of the Relevant Swap Transaction does not appear on the relevant ISDAFIX Page (or an ISDAFIX page is not available for such currency) (if -ISDA Source" is specified or deemed to be specified) or in the relevant price source (if "Other Price

d are responsibl= for establishing pricing of these instruments in conjunction with a handful of brokers. Similarly to how LIBOR is calculated, the ISDAFIX, the benchmark series of rates used to price intere=t rate swaps for U.S. dollar denominated swaps, is convened by a "panel" of banks. The panel, ac

, or manipulate an entry price on a new trade with a counterparty, they allegedly ask ICAP brokers to delay entry of actual transactions until after ISDAFIX rates are disseminated. Page I 2 of 3 EFTA_R1_01956136 EFTA02674596 The delay can easily create a beneficial entry price on a trade that would