Business Days for Payment definition

Business Days for Payment. New York (New York), Detroit (Michigan) and Chicago (Illinois).
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Business Days for Payment means a day other than a Saturday or a Sunday on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Bogotá, New York and London.
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Business Days for Payment. : means a day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system (the “TARGET System”) is open.
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Examples of Business Days for Payment in a sentence

  • Business Days for Payment: New York (New York), Detroit (Michigan) and Chicago (Illinois).

  • Instructions that are time-critical shall be issued at least 2 Bank Business Days for Payment Services in advance.

  • Seller: Counterparty Buyer: Citibank Business Days for Payment: New York and London Exercise Business Days: New York 4b.

  • Floating Rate Payer Payment Dates: One Business Day prior to each Distribution Date Reset Dates: Each Distribution Date Floating Rate: LIBOR (as defined in Exhibit A) Spread: 4 Basis Points Floating Rate Day Count Fraction: Actual/360 Compounding: Inapplicable Business Days for Payment: New York (New York), Detroit (Michigan) and Chicago (Illinois) Calculation Agent: The Trust, or General Motors Acceptance Corporation, as agent for and on behalf of the Trust.

  • Without prejudice to paragraph 1 and the aforesaid, instructions thatare time-critical or involve deadlines shall be issued promptly in advance (at least 2 Bank Business Days for Payment Services).

  • And so, he told me there was a -- there was an active warrant and had a copy of the warrant.” Officer Hayslip said from that point forward he was “on the lookout” for appellant.

  • Business Days for Payment: If any date for payment in respect of any Obligation Foncie`re, Receipt or Coupon is not a business day, the holder shall not be entitled to payment until the next following business day, unless otherwise specified in the relevant Pricing Supplement, nor to any interest or other sum in respect of such postponed payment.

  • Seller: Counterparty Buyer: Citibank Business Days for Payment: New York Exercise Business Days: New York 3b.

  • It may take up to two (2) Business Days for Payment Instructions to be acted upon and completed if the information is accurate and complete.

  • Floating Rate Payer Payment Dates: One Business Day prior to each Distribution Date Reset Dates: Each Distribution Date Floating Rate: LIBOR (as defined in Exhibit A) Spread: 11 Basis Points Floating Rate Day Count Fraction: Actual/360 Compounding: Inapplicable Business Days for Payment: New York (New York), Detroit (Michigan) and Chicago (Illinois) Calculation Agent: The Trust, or General Motors Acceptance Corporation, as agent for and on behalf of the Trust.


More Definitions of Business Days for Payment

Business Days for Payment. New York Calculation Agent: Party A
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Related to Business Days for Payment

  • Application for Payment means Contractor’s monthly partial invoice for payment that includes any portion of the Work that has been completed for which an invoice has not been submitted and performed in accordance with the requirements of the Contract Documents. The Application for Payment accurately reflects the progress of the Work, is itemized based on the Schedule of Values, bears the notarized signature of Contractor, and shall not include subcontracted items for which Contractor does not intend to pay.

  • Request for Payment means a payment application or declaration of expenditure submitted by the Member State to the Commission;

  • Business Days means a day which is not a Saturday, Sunday or a day on which banks in New York City are authorized or required by law to close.

  • Extended Due for Payment Date means, in relation to any Series of Covered Bonds, the date, if any, specified as such in the applicable Final Terms to which the payment of all or (as applicable) part of the Final Redemption Amount payable on the Final Maturity Date will be deferred in the event that the Final Redemption Amount is not paid in full on the Extension Determination Date.

  • Due for Payment means, (i) with respect to an Insured Amount, the Distribution Date on which Insured Amounts are due and payable pursuant to the terms of the Agreement and (ii) with respect to a Preference Amount, the Business Day on which the documentation required by the Certificate Insurer has been received by the Certificate Insurer.

  • Working Days means any day other than a Saturday, Sunday or public holiday in England and Wales; and

  • Days means calendar days.

  • Notice to Proceed (NTP) means the authorization issued by the CO to start performance on this Contract.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Payment request means any request for contract financing payment or invoice payment submitted by the contractor under this contract.

  • Banking Days are days on which banks are open both in the country of the currency stipulated for the Purchase Price in Clause 1 and in the place of closing stipulated in Clause 8.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Calendar Days means days including all holidays;

  • 48 hours means 2 consecutive periods of 24 hours.

  • Notification Date means 30 days from an Account statement date (see section 6.3).

  • 24 hours means a period of 24 hours including all or part of a day upon which banks are open for business in both the place where the relevant meeting is to be held and in each of the places where the Paying Agents have their specified offices (disregarding for this purpose the day upon which such meeting is to be held) and such period shall be extended by one period or, to the extent necessary, more periods of 24 hours until there is included as aforesaid all or part of a day upon which banks are open for business in all of the places as aforesaid; and

  • Notice to Proceed means notice issued by the OPWC pursuant to Section IV of this Agreement. "OPWC" means the Ohio Public Works Commission created pursuant to Revised Code Section 164.02.

  • Invoice Due Date means, with respect to a Quarterly Payment Cycle, the tenth (10th) day of the month immediately succeeding Energization or the month immediately succeeding the conclusion of a Quarterly Period contained within such Quarterly Payment Cycle, consistent with Section 3.4.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Invoice means a Contractor’s claim for payment. At the Agency’s discretion, claims may be submitted on an original invoice from the Contractor or may be submitted on a claim form acceptable to the Agency, such as a General Accounting Expenditure (GAX) form.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.