National Grid 2008 Annual Report Download - page 186

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 16568
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.5.1, Doc: 4, Page: 90
Description: EXH 2(B).5.1
0/4569.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/569/4*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 16568
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.5.1, Doc: 4, Page: 90 Description: EXH 2(B).5.1
0/4569.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/569/4*
90
(iv) Broken Amount(s): [ • ] per Calculation Amount, payable on the Interest Payment Date falling [in/on]
[
•
]
(
v
)
Da
y
Count Fraction
(
Condition 3.2.5
)
:
[
30/360 / Actual/Actual
([
ICMA
]
/ISDA
)
/other
]
(vi) Determination Dates (Condition 3.2.5): [ ] in each year (insert regular interest payment dates, ignoring issue date or
maturity date in the case of a long or short first or last coupon. N.B. only relevan
t
where Day Count Fraction is Actual/Actual ([ICMA]))
(vii) Other terms relating to the method of
calculating interest for Fixed Rate
Instruments:
[Not Applicable/give details]
16. Floating Rate Instrument Provisions [Applicable/Not Applicable]
(
If not applicable, delete the remainin
g
su
b
-
para
g
raphs of this para
g
raph
)
(
i
)
Interest Period
(
s
)
:
[
]
(ii) Specified Interest Payment Dates: [ ]
(iii) Business Day Convention: [Floating Rate Convention/ Following Business Day Convention/ Modified
Following Business Day Convention/Preceding
Business Day Convention/ other (give details)]
(iv) First Interest Payment Date: [ ]
(v) Business Centre(s) (Condition 3.2.5): [ ]
(vi) Manner in which the Rate(s) of
Interest is/are to be determined:
[Screen Rate
Determination/ISDA
Determination/other
(
g
ive detail
s
)]
(
vii
)
Interest Period Date
(
s
)
:
(
Not A
pp
licable unless different from Interest Pa
y
ment Date
)
(viii) Party responsible for calculating the
Rate(s) of Interest and Interest
Amount(s) (if not the Calculation
Agent):
[ ]
(ix) Screen Rate Determination (Condition
3.2.3(b)):
– Reference Rate: [ ]
– Interest Determination Date(s): [[ ][TARGET] Business Days in [specify city] for [specify currency] prior to
[
the first day in each Interest Accrua
l