Calculation Business Day definition

Calculation Business Day means any day, excluding a Saturday and a Sunday, on which banks are open for general business (including dealings in foreign currencies) in New York City and Hong Kong.
Calculation Business Day means an FX Business Day used to determine the Average Representative Market Rate.
Calculation Business Day means a day (other than a Saturday or a Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the cities in which the Calculation Agent and the Fiscal Agent have their specified office;

Examples of Calculation Business Day in a sentence

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and (i) in New York City (in the case of payment of the US Dollar Equivalent) or (ii) in Paris (in the case of payment of the Euro Equivalent).

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • The results from these models do not identify a significant difference in the effect of the CIT rate on the CIT base over time, roviding evidence that tax planning was equally prevalent throughout the period of analysis.30 If tax planning and locational responses to tax policy are substitutes, the effect of the CIT rate on GSP might decline over time if firms are beginning to use financial arrangements to avoid taxes, as opposed to locational responses.

  • Interest Determination Date: In respect of USD-ICE-Swap Rate 1Y: in respect of the relevant Interest Period, the second Calculation Business Day prior to the first day of such relevant Interest Period.

  • Notwithstanding the foregoing or anything else contained in the Conditions, should the Issuer determine, in good faith and in a commercially reasonable manner, that in order to give effect to the methodology described in these Asset Terms and the Pricing Supplement Terms it is necessary to make calculations on a day that is not a Calculation Business Day then the Issuer shall be permitted to make such calculations on such calendar day as it shall see fit.


More Definitions of Calculation Business Day

Calculation Business Day means any day on which the Price Source would, in the ordinary course of business, publish or announce the Underlying Value.For the purposes of determining EUR USD, Article 5 (Disruption Events) of the 1998 FX and Currency Option Definitions as published by the International Swaps and Derivatives Association, Inc., the EmergingMarkets Traders Association and the Foreign Exchange Committee (the “FX Definitions”) shall apply mutatis mutandis and in connection therewith:
Calculation Business Day means a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) and on which commercial banks and foreign exchange markets are generally open to settle payments in London and New York and which is an Index Calculation Day.
Calculation Business Day means any day which is both a New York Business Day and a Paris Business Day.
Calculation Business Day means a day (other than Saturdays and Sundays) on which commercial banks in New York City and Macau are open for business.
Calculation Business Day means any day, other than a Saturday or Sunday, on which banks are open for general business (including dealings in foreign currencies) in New York City and Hong Kong.
Calculation Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the city, cities and/or settlement system specified in the Securities Documentation.
Calculation Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London and an Asset Business Day.