Payment Day. If the date for payment of any amount in respect of any Bond 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 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 Bonds in definitive form only, the relevant place of presentation; (ii) any Additional Financial Centre specified in the applicable Final Terms; and (b) either (A) 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 or (B) in relation to any sum payable in euro, a day on which T2 is open for the settlement of payments in euro.
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 Bond 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 any further interest or other payment in respect of such delay. For these purposes, “Payment Day Day” means any day which (which, subject to Condition 7) 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 Bonds Notes in definitive form onlyform, the relevant place of presentation;; and
(iiB) any Additional Financial Centre specified in the applicable Final Terms; and
(b) and either (A1) 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 or (B2) in relation to any sum payable in euro, a day on which T2 or any successor thereto is open for the settlement of payments in euro.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
Payment Day. If the date for payment of any amount in respect of any Bond 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 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 Bonds in definitive form only, the relevant place of presentation;
(ii) any Additional Financial Centre specified in the applicable Final Terms; and
(b) either (A) 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 or (B) in relation to any sum payable in euro, a day on which T2 the TARGET2 System is open for the settlement of payments in euroopen.
Appears in 1 contract
Samples: Agency Agreement
Payment Day. If the date for payment of any amount in respect of any Bond 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 any further interest or other payment in respect of such delay. For these purposes, “Payment Day Day” means any day which (which, subject to Condition 7) 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 Bonds Notes in definitive form onlyform, the relevant place of presentation;; and
(iiB) any Additional Financial Centre specified in the applicable Final Terms; and
(b) and either (A1) 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 or (B2) in relation to any sum payable in euro, a day on which T2 the TARGET2 System or any successor thereto is open for the settlement of payments in euroopen.
Appears in 1 contract
Samples: Agency Agreement
Payment Day. If the date for payment of any amount in respect of any Bond 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 79) 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 Bonds Notes in definitive form only, the relevant place of presentation;
(iiB) any each Additional Financial Centre specified in the applicable Final Terms; and
(bii) either (A1) 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 Melbourne or Wellington, respectively) or (B2) in relation to any sum payable in euro, a day on which T2 is open for the settlement of payments in euroopen.
Appears in 1 contract
Samples: Agency Agreement
Payment Day. If the date for payment of any amount in respect of any Bond 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 7) 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 Bonds Notes in definitive form only, the relevant place of presentation;; and
(iiB) any each Additional Financial Centre specified in the applicable Final Terms; andPricing Supplement,
(bii) either (A1) 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 (B2) in relation to any sum payable in euro, a day on which T2 the TARGET2 System is open for the settlement of payments in euroopen.
Appears in 1 contract
Samples: Euro Medium Term Note Programme