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 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) in: (i) in the case of Notes in definitive form only, the relevant place of presentation; (ii) each Additional Financial Centre specified in the applicable Final Terms; and (b) 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 TARGET 2 System is open.
Appears in 6 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 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 8 (Prescription)9) 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:
in the relevant place of presentation (i) in the case of Notes in definitive form only), the relevant place of presentation;
(ii) London and each Additional Financial Centre specified in the applicable Final Terms; and
(bii) either 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 Auckland, respectively) ); or (2) in relation to any sum payable in euro, a day on which the TARGET 2 TARGET2 System is open.
Appears in 2 contracts
Samples: Trust Deed, Second Supplemental Trust Deed
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 8 (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, the relevant place of presentation;
(ii) each Additional Financial Centre specified in the applicable Final Terms; and
(b) 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 TARGET 2 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 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) in:):
(i) in the case of Notes in definitive form only, in the relevant place of presentation;
(ii) in each Additional Financial Centre specified in the applicable Final Terms; and
(b) 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 TARGET 2 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 8 (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, the relevant place of presentation;; and
(ii) each Additional Financial Centre specified in the applicable Final Terms; and;
(b) 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 TARGET 2 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
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 8 (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, the relevant place of presentation;; and
(iiB) each Additional Financial Centre specified in the applicable Final Terms; and,
(bii) 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 TARGET 2 TARGET2 System is open.
Appears in 1 contract
Samples: Euro Medium Term Note Programme