National Grid 2008 Annual Report Download - page 414

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 20567
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: 71
Description: EXH 2(B).7.1
0/1825.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/825/1*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 20567
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: 71 Description: EXH 2(B).7.1
0/1825.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/825/1*
71
– ISDA Definitions: (if different from
those set out in the Conditions)
[ ]
(
xi
)
Mar
g
in
(
s
)
:
[
+
/
-
][
]
p
er cent.
p
er annum
(xii) Minimum Rate of Interest: [ ] per cent. per annum
(
xiii
)
Maximum Rate of Interest:
[
]
p
er cent.
p
er annum
(xiv) Day Count Fraction (Condition 3.2.4(i)): [ ]
(
xv
)
Rate Multi
p
lier:
[
]
(xvi) Fall back provisions, roundin
g
provisions,
denominator and any other terms relatin
g
to the method of calculatin
g
interest on
Floatin
g
Rate Instruments, if different from
those set out in the Conditions:
[]
17 Zero Cou
p
on Instrument Provisions
[
A
pp
licable/Not A
pp
licable
]
(
If not applicable, delete the remaining sub-paragraphs of this
para
g
rap
h
)
(i) Amortisation Yield (Condition 5.4): [ ] per cent. per annum
(
ii
)
Da
y
Count Fraction
(
Condition 3.2.4
(
i
))
:
[
]
(iii) Any other formula/basis of determinin
g
amount
p
a
y
able:
[]
18 Index-Linked Interest Instrument [Applicable/Not Applicable]
(If not applicable, delete the remaining sub-paragraphs of this
paragraph)
(
i
)
Index/Formula:
[
g
ive or annex detail
s
]
(ii) Interest Rate: [ ]
(iii) Party responsible for calculating the Rate
(s) of Interest, Interest Amount and
Redemption Amount(s) (if not the
Calculation Agent):
[]
(iv) Provisions for determinin
g
Coupon where
calculation by reference to Index and/or
Formula is im
p
ossible or im
p
racticable:
[]
(v) Specified Interest Payment Dates: [ ]
(
vi
)
First Interest Pa
y
ment Date:
[
]
(vii) Interest Period(s): [ ]
(viii) Business Day Convention: [Following Business Day Convention/Modified Following
Business Day Convention/Preceding Business Day
Convention/other
(
g
ive detail
s
)]
(ix) Minimum Indexation Factor: [Not Applicable/specify]
(x) Business Centre(s) (Condition 3.2.4(i)): [ ]
(
xi
)
Maximum Indexation Factor:
[
Not A
pp
licable
/
specif
y
]