Clearing Day definition

Clearing Day means any Business Day excluding Saturdays, Sundays, and public holidays.
Clearing Day means any Business Day (as defined above).
Clearing Day means, for the purposes of these Delivery Procedures, a day on which the Clearing House is open for business, or such other day as may be determined by the Clearing House;

Examples of Clearing Day in a sentence

  • Cheques drawn on local banks are only cleared on a designated Clearing Day, which must be a Business Day.

  • The first interest payment will be effected on the earlier of July 1, 2008 and December 31 following the Effective Date for the period commencing on the Clearing Day of the Notes Effective Date and ending on July 1, 2008(including).

  • Title to the Shares in respect of which the Tender Offer has been validly accepted, and not validly withdrawn, will pass to the Offeror on the Clearing Day against the payment of the Offer Price by the Offeror to the tendering shareholder of Uponor.

  • The Offer Price will be paid on the Clearing Day to each shareholder of Uponor who has validly accepted, and not validly withdrawn, the Tender Offer into the management account of the shareholder’s book-entry account or, in the case of shareholders whose holdings are registered in the name of a nominee, into the bank account specified by the custodian or nominee.

  • For Statements of Authority received by EuroCCP after this deadline, EuroCCP will commence clearing services for that Trading Participant the Clearing Day after the next Clearing Day.


More Definitions of Clearing Day

Clearing Day means a day on which the Clearing House is open for business or such other day as may be determined by the Clearing House;
Clearing Day means any day as set out in the Regulation Clearing Days published by EuroCCP at least annually;
Clearing Day means any day specified as such in Regulation Clearing Days.
Clearing Day means any Business Day excluding Saturdays, Sundays and gazetted public holidays in Singapore &/or in the case of Foreign Currency Deposit the public holidays in that country.
Clearing Day means any Business Day excluding Saturdays, Sunday and public holidays;
Clearing Day means any day as set out in the Regulation Clearing Days; “Clearing Fund” means the clearing fund set up pursuant to article 8;
Clearing Day means any Business Day excluding, in the case of Foreign Currency Deposit, any day on which the principal financial centre of the country of that currency is not open for business.