Determination Day definition

Determination Day means the second Business Day (as defined in § 1 (6)) prior to the commencement of the relevant Variable Interest Period.
Determination Day has the meaning specified in the definition ofTerm SOFR”.
Determination Day means the [first] [second] [insert other relevant number] [day] [Business Day] [(as defined in § 1 (7))] [prior to the [commencement] [end]] of the relevant [Floating] Interest Period. [if a definition is required, which differs from the general Business Day definition, insert: For the purposes of this paragraph (2) only, “Business Day” means a day (other than a Saturday or Sunday) on which [[TARGET] [the

Examples of Determination Day in a sentence

  • If the Knock-in Value is less than the Knock-in Level on the Knock-in Determination Day.

  • If the Knock-in Value is strictly less than the Knock-in Level on the Knock-in Determination Day.

  • If the Knock-in Value is strictly less than the Knock-in Level on the Knock- in Determination Day.

  • SPS Valuation Date means the Knock-in Determination Day or the Strike Date, as applicable.

  • If the Knock-in Value is less than or equal to the Knock-in Level on the Knock-in Determination Day.


More Definitions of Determination Day

Determination Day means the second Business Day prior to the commencement of the relevant Interest Period;
Determination Day means that date which is (i) two (2) U.S. Government Securities Business Days prior to the first day of the Interest Period if such day is a U.S. Government Securities Business Day or (ii) if the first day of the Interest Period is not a U.S. Government Securities Business Day then two U.S. Government Securities Business Days prior to the U.S. Government Securities Business Day immediately preceding the commencement of the Interest Period.
Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate. 752938400
Determination Day means the [first] [second] [insert other relevant number] [day] [Business Day] [(as defined in § 1 (6))] [prior to the [commencement] [end]] of the relevant [Floating] Interest Period. [if a definition is required, which differs from the general Business Day definition, insert: For the purposes of this paragraph (2) only, “Business Day” means a day (other than a Saturday or Sunday) on which [[TARGET] [the Trans-European Automated Real-time Gross Settlement Express Transfer System 2 (“TARGET”)] is open] [[and] commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in [London] [insert all relevant financial centres]].]
Determination Day means the second Business Day prior to the commencement of the relevant Interest Period. For the purposes of this § 3 (1) only, "Business Day" means a calendar day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Prague.
Determination Day means the calendar day immediately prior to the Closing Date.
Determination Day means the first day of a Costs Period.