New York Business Day. If any date for payment of principal or interest to the registered holder of the Global Certificate(s) is not a New York Business Day, such payment will not be made until the next day which is a New York Business Day, and no further interest shall be paid in respect of the delay in such payment. "New York Business Day" means any day on which banking institutions in New York City are not obliged and not authorised to close.
Appears in 2 contracts
Samples: Subscription Agreement (KFW International Finance Inc), Agency Agreement (KFW International Finance Inc)
New York Business Day. If any date for payment of principal or interest to the registered holder of the Global Certificate(s) is not a New York Business Day, such payment will not be made until the next day which is a New York Business Day, and no further interest shall be paid in respect of the delay in such payment. "“New York Business Day" ” means any day on which banking institutions in New York City are not obliged and not authorised to close.
Appears in 2 contracts
Samples: Agency Agreement (KFW International Finance Inc), Agency Agreement (KfW)
New York Business Day. If any date for payment of principal or interest to the registered holder of the Global Certificate(s) is not a New York Business Day, such payment will not be made until the next day which is a New York Business Day, and no further interest shall be paid in respect of the delay in such payment. "“New York Business Day" ” means any day on which banking institutions in New York City are not obliged and not authorised authorized to close.
Appears in 2 contracts
Samples: Subscription Agreement (KfW), Subscription Agreement (KfW)
