Banking Date definition

Banking Date means, in respect of any city, any date on which commercial banks are open for business in that city.
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Banking Date means, in respect of any city, any date on which commercial banks are open for business in that city. If both the Telerate and Reuters Systems are unavailable, then the rate for that date will be determined on the basis of the offered rates for deposits in U.S. Dollars for a period of time comparable to the Interest Period which are offered by four (4) major banks in the London Interbank Market at approximately 11:00 a.m. London time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period as selected by the Bank. The principal London office of each of the four (4) major London banks will be requested to provide a quotation of its U.S. Dollar deposit offered rate. If at least two (2) such quotations are provided, the rate for that date will be the arithmetic mean of the quotations. If fewer than two (2) quotations are provided as requested, the rate for that day will be determined on the basis of the rates quoted for loans in U.S. Dollars to leading European banks for a period of time comparable to such Interest Period offered by major banks in New York City at approximately 11:00 a.m. New York City time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period. In the event that the Bank is unable to obtain any such quotation as provided above, it will be deemed that the LIBOR cannot be determined, and the Variable Rate shall be substituted for the LIBOR for any such Interest Period.
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Examples of Banking Date in a sentence

  • If this day is not a Banking Day the immediately following Banking Date is deemed to be the Additional Amount Payment Date.

  • Each Lender may accept any such offer made pursuant to this Section 10.11 in whole or in part by delivering to the Company a written agreement to make such purchase, specifying the amount of the securities to be purchased by such Lender, no later than the Banking Date ten (10) Banking Days following the day of receipt by such Lender of notice from the Company under Section 10.11.2 above.

  • All payments under this Agreement or the Notes shall be made in Dollars in immediately available funds not later than 1:00 p.m. Boston, Massachusetts time on the relevant dates specified above (each such payment made after such time on such due date to be deemed to have been made on the next succeeding Banking Date) at the Lending Office.

  • DPD = Banking Date – Due Date for repaymentWhen the client fail to pay more than one agreed instalment, the date of the first unpaid instalment is considered as Due date for repayment.

  • Such commitment fee shall accrue daily and be due and payable monthly, in arrears, on the first Banking Date of each calendar month.

  • In the event that a payment to be made by either party to the other pursuant to this contract is not made by the payment due date, the party which is liable for such payment shall also pay interest on the late payment calculated from the payment due date to the date on which payment is made in full at the 3-month London Interbank Offered Rate as published in the Financial Times on the first Banking Date after the payment due date plus 3% (three percent) per annum.

  • Very truly yours, By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Managing Director, Investment Banking Date: ______________________________________ By: /s/ Xxxxxxx X.

  • Please collect fresh KYC and get it uploaded, if photograph and signature are not available in CBS.SOL IDType of RequestType of serviceMaker User IDChecker User IDATM related services Internet/Mob/SMS Banking Date Stamp of Post Office Signature of Chief/Sr./Head/Sub Postmaster SB/CQE-4 Department of Posts APPLICATION FOR AVAILING CHEQUE FACILITY/ISSUE FRESH CHEQUE BOOK IN POST OFFICE SAVINGS ACCOUNT To, The Postmaster……………………………………..

  • Outline of ShinGinko Tokyo, Limited Company name: ShinGinko Tokyo, Limited Main business: Banking Date of foundation: April 1, 2004 Representative: Yasumasa Nishi Head Office: Ote Center Building, 1-1-3 Otemachi, Chiyoda-ku, Tokyo Amount of capital: 60,343 million yen (As of September 30, 2005) Shareholder composition: Tokyo Metropolitan Government, 35 other companies (As of September 30, 2005) Relation with NISSIN: None 4.

  • Any such notice must be given no later than 11:00 A.M., (St. Louis, Missouri time), on the Banking Date of the proposed Swing Line Loan.

Related to Banking Date

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Zurich Banking Day means a day on which banks are open in the City of Zurich for the settlement of payments and of foreign exchange transactions.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Singapore Business Day means a day (except Saturdays, Sundays and public holidays) on which commercial banks are open for business in Singapore.

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Banking Days means day(s) on which banks are open for the transaction of business in Xxxxxx, Xxxxxxx, Xxxx Xxxx, Xxxxxxxxx, Xxxxxxx and New York, New York;

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Local Business Day means, subject to the Schedule, a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits)

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • banking group means the New Zealand business of the registered bank and its subsidiaries as required to be reported in group financial statements for the group’s New Zealand business under section 461B(2) of the Financial Markets Conduct Act 2013.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • Canadian Business Day means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario or in Mxxxxxxx, Xxxxxx, Xxxxxx or New York, New York.