Common use of Payment Day Clause in Contracts

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 8 contracts

Samples: Agency Agreement, Agency Agreement, Third Supplemental Agency Agreement

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Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)10) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentationpresentation (if presentation is required); and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (biii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cb) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 4 contracts

Samples: Third Supplemental Agency Agreement, Supplemental Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than the TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)7) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; and; (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (biii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cb) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day Day” means any day which (subject to Condition 9 (Prescription)) 8) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (iA) in the case of Notes in definitive form only, in the relevant place of presentation; and (iiB) in each any Additional Financial Centre (other than the TARGET2 System) specified in the applicable Final Terms; (bC) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which which, if the Specified Currency is Australian dollars or New Zealand dollars dollars, shall be Sydney and AucklandMelbourne or Wellington, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 8 (Prescription)) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1i) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2ii) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day Day” means any day which (subject to Condition 9 (Prescription)) 8) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (iA) in the case of Notes in definitive form only, in the relevant place of presentation; (B) in the case of CMU Notes, Hong Kong; and (iiC) in each any Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms;, (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which which, if the Specified Currency is Australian dollars or New Zealand dollars dollars, shall be Sydney and or Auckland, respectively) ; or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms;; and (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or dollars, New Zealand dollars or Renminbi shall be Sydney Sydney, Auckland and AucklandHong Kong, Beijing and the Offshore CNY Centre, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 7 (Prescription)) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (ia) in the case of Notes in definitive form only, in the relevant place of presentation; and; (iib) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (bii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (ciii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 2 contracts

Samples: Agency Agreement (Equinor Asa), Agency Agreement

Payment Day. If the date for payment of any amount in respect of any VPS Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; andLondon; (ii) in each Additional Financial Centre (other than the TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 2 contracts

Samples: VPS Notes Agreement, VPS Trustee Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms;; and (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or dollars, New Zealand dollars or Renminbi shall be Sydney Sydney, Auckland and AucklandHong Kong, Beijing and the Offshore CNY Centre, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System T2 is open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day Day” means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; and; (ii) in each Additional Financial Centre (other than TARGET2 SystemT2) specified in the applicable Final TermsTerms or (in the case of Exempt Notes) the applicable Pricing Supplement; (biii) if TARGET2 System T2 is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System T2 is open; and (cb) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System T2 is open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):deposits):‌ (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms;; and (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or dollars, New Zealand dollars or Renminbi shall be Sydney Sydney, Auckland and AucklandHong Kong, Beijing and the Offshore CNY Centre, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.open.‌

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)7) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form onlyformonly, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is Systemis open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euroeuro , a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable sumpayable in euro, a day on which the TARGET2 System is Systemis open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, ‘‘Payment Day Day’’ means any day which (subject to Condition 9 (Prescription)9) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; (ii) London; and (iiiii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (if other than the place of presentation, London and any Additional Financial Centre and which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 TARGET System is open; and (c) in relation to any sum payable in respect of Notes issued by Anheuser-Xxxxx InBev, a day on which the X/N Clearing System is operating.

Appears in 1 contract

Samples: Euro Medium Term Note Programme

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Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 7 (Prescription)) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (ia) in the case of Notes in definitive form only, in the relevant place of presentation; and; (iib) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (bii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (ciii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.or

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any VPS Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment of the relevant payment due until the next following Payment Day in the relevant place and shall not be entitled to further any interest or other payment in respect of any such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)) 8) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (iA) in the case of Notes in definitive form only, in the relevant place of presentationLondon; and (iiB) in each any Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (bC) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (if other than the place of presentation, London and any Additional Financial Centre and which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and or Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: VPS Trustee Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day Day” means any day which (subject to Condition 9 (Prescription)) 8) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; and; (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final TermsTerms or (in the case of Exempt Notes) the applicable Pricing Supplement; (biii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cb) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, "Payment Day Day" means any day which (subject to Condition 9 (Prescription)) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)7) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form onlyformonly, in the relevant place of presentation; and; (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (biii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is Systemis open; and (cb) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable sumpayable in euro, a day on which the TARGET2 System is Systemis open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day Day“ means any day which (subject to Condition 9 (Prescription)) 8) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (iA) in the case of Notes in definitive form only, in the relevant place of presentation; (B) London; (C) any Additional Financial Centre specified in the applicable Pricing Supplement; and (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1) in relation to any sum payable in a Specified Currency other than euroEuro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (if other than the place of presentation, London and any Additional Financial Centre and which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and AucklandMelbourne or Wellington, respectively) or (2) in relation to any sum payable in euroEuro, a day on which the TARGET2 TARGET System is open.

Appears in 1 contract

Samples: Fifth Supplemental Trust Deed (Mbna Corp)

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, unless otherwise specified in the applicable Final Terms, “Payment Day Day” means any day which (subject to Condition 9 (Prescription)15) is: (ai) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (ia) in the case of Notes in definitive form only, in the relevant place of presentation; and (iib) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (cii) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, Melbourne or Wellington respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, "Payment Day Day" means any day which (subject to Condition 9 (Prescription)) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits): (i) in the case of Notes in definitive form only, in the relevant place of presentation; and; (ii) in each Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms; (biii) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, on a day on which the TARGET2 System is open; and (cb) either (1) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: Agency Agreement

Payment Day. If the date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, Payment Day means any day which (subject to Condition 9 (Prescription)7) is: (a) a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits):) in: (i) in the case of Notes in definitive form only, in the relevant place of presentation; and; (ii) in each any Additional Financial Centre (other than TARGET2 System) specified in the applicable Final Terms;; and (b) if TARGET2 System is specified as an Additional Financial Centre in the applicable Final Terms, a day on which the TARGET2 System is open; and (c) either (1A) in relation to any sum payable in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre of the country of the relevant Specified Currency (if other than the place of presentation, London and any Additional Financial Centre and which if the Specified Currency is Australian dollars or New Zealand dollars shall be Sydney and Auckland, respectively) or (2B) in relation to any sum payable in euro, a day on which the TARGET2 System is open.

Appears in 1 contract

Samples: Agency Agreement

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