National Grid 2008 Annual Report Download - page 413

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 64752
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 70
Description: EXH 2(B).7.1
0/1824.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/824/1*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 64752
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 70 Description: EXH 2(B).7.1
0/1824.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/824/1*
70
16 Floatin
g
Rate Instrument Provisions
[
A
pp
licable/Not A
pp
licable
]
(If not applicable, delete the remaining sub-paragraphs of this
paragraph)
(
i
)
Interest Period
(
s
)
:
[
]
(ii) Specified Interest Payment Dates: [ ]
(iii) First Interest Payment Date: [ ]
(iv) Business Day Convention: [Floating Rate Convention/ Following Business Day
Convention/ Modified Following Business Day Convention/
Preceding Business Day Convention/ other (give details)]
(v) Business Centre(s) (Condition 3.2.4(i)): [ ]
(vi) Manner in which the Rate(s) of Interest
is/are to be determined:
[Screen Rate Determination/ISDA Determination/other (give
details)]
(
vii
)
Interest Period Date
(
s
)
:
[
Not A
pp
licable/s
p
ecif
y
dates
]
(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)):
– Relevant Time:
[
]
– Interest Determination Date(s): [[ ] [TARGET] Business Days in [specify city] for [specify
currency] prior to [the first day in each Interest Accrual
Period/each Interest Payment Date]]
– Primar
y
Source for Floatin
g
Rate:
[
Specify relevant screen pa
g
e or
“
Reference Bank
s
”
]
– Reference Banks (if Primary Source
is “Reference Banks”
)
:
[Specify five]
– Relevant Financial Centre: [The financial centre most closely connected to the
Benchmark
-
specify if not Londo
n
]
– Benchmark: [LIBOR, LIBID, LIMEAN, EURIBOR or other benchmark]
– Representative Amount: [Specify if screen or Reference Bank quotations are to be
given in respect of a transaction of a specified notional
amoun
t
]
– Effective Date: [Specify if quotations are not be obtained with effect from
commencement of Interest Accrual Perio
d
]
– Specified Duration: [Specify period for quotation if not duration of Interest Accrual
Period]
(
x
)
ISDA Determination
(
Condition 3.2.3
(
A
))
:
– Floating Rate Option: [ ]
– Desi
g
nated Maturit
y
:
[
]
– Reset Date: [ ]