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Canadian Business Day definition

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.
Canadian 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 and foreign currency deposits) in Toronto and Montréal.
Canadian Business Day means a day other than a Saturday or Sunday on which commercial banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in Toronto and Vancouver;

Examples of Canadian Business Day in a sentence

  • When determining the aggregate value of the Placement Shares sold, the Placement Shares denominated in or issued in, as applicable, Canadian dollars shall be converted into U.S. dollars using the Bank of Canada daily exchange rate of U.S. dollars with the Canadian Dollars in effect as of 4:30 p.m. (Toronto time) on the Canadian Business Day before the issue of such Placement Shares (or any successor daily exchange rate published by the Bank of Canada as agreed to by the parties).


More Definitions of Canadian Business Day

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 Montreal, Quebec, Canada or New York, New York.
Canadian Business Day means any day of the year except Saturday, Sunday and any day on which banks are required or authorized to close in Houston, Texas or the province in which the Canadian Administrative Agent’s Canadian Payment Office is located.
Canadian Business Day means (i) any day other than a Saturday, Sunday or other day on which commercial banks in Toronto, Ontario are authorized or required by law to close and (ii) if such day relates to Adjusted Canadian LIBO Rate, any day on which dealings in Canadian Dollars are carried on in the London interbank market.
Canadian Business Day means, when used in connection with a Loan denominated in Canadian Dollars, any day (other than a Saturday or a Sunday) on which banks are open for dealings in Toronto.
Canadian Business Day. Any day other than a Saturday, Sunday, or any day on which banking institutions in Toronto, Canada or New York, New York are authorized or required by Laws to be closed and in connection with a Canadian LIBOR Rate Loan, a Eurodollar Business Day.
Canadian Business Day has the meaning given to it in Condition 5.09 (Definitions);
Canadian Business Day means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario, Canada and New York, New York and, if the applicable Business Day relates to any Eurocurrency Rate Advances, on which dealings are carried on in the London interbank market.