Common use of London Business Day Clause in Contracts

London Business Day. Any day on which banks are open for dealing in foreign currency and exchange in London, England and New York City.

Appears in 41 contracts

Samples: Trust Agreement (Lehman Mortgage Trust 2006-8), Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-3), Trust Agreement (Structured Asset Securities Corp Trust 2005-3)

AutoNDA by SimpleDocs

London Business Day. Any day on which banks are open for dealing in foreign currency and exchange in the City of London, England are open and New York Cityconducting transactions in United States dollars.

Appears in 1 contract

Samples: Shellpoint Mortgage Acceptance LLC

London Business Day. Any A day on which banks are open for dealing in foreign currency and exchange in London, England London and New York City.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-1)

AutoNDA by SimpleDocs

London Business Day. Any day on which banks in the City of London and the City of New York are open for dealing and conducting transactions in foreign currency and exchange in London, England and New York CityUnited States dollars.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Second Lien Trust 2005-1)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!