Clearing System Business Day definition

Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.

Clearing System Business Day means, in respect of a Clearing System, any day on which such Clearing System is (or, but for the occurrence of a Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.

Clearing System Business Day means a day on which the Relevant Clearing System is open for the purpose of effecting settlement of ETP Securities.

Examples of Clearing System Business Day in a sentence

• Each payment will be made to, or to the order of, the person whose name is entered on the Register at the close of business on the Clearing System Business Day immediately prior to the date for payment, where Clearing System Business Day means Monday to Friday inclusive except 25 December and 1 January.

• So long as the Global Note Certificate is held on behalf of Euroclear, Clearstream or any other clearing system, each payment in respect of the Global Note Certificate will be made to the person shown as the holder in the Register at the close of business of the relevant clearing system on the Clearing System Business Day before the due date for such payments, where “Clearing System Business Day” means a weekday (Monday to Friday, inclusive) except 25 December and 1 January.

• Each payment made in respect of the Global Certificate will be made to the person shown as the holder in the Register at the close of business (in the relevant clearing system) on the Clearing System Business Day before the due date for such payment, where "Clearing System Business Day" means a day on which each clearing system for which the Global Certificate is being held is open for business.

• All payments in respect of Bonds represented by the Global Bond will be made to, or to the order of, the person whose name is entered in the Register at the close of business on the Clearing System Business Day immediately prior to the date of payment, where “Clearing System Business Day” means Monday to Friday inclusive except 25 December and 1 January.

• All payments in respect of Notes represented by a Global Certificate will be made to, or to the order of, the person whose name is entered on the Register at the close of business on the record date which shall be on the Clearing System Business Day immediately prior to the date for payment, where “Clearing System Business Day” means Monday to Friday inclusive except 25 December and 1 January.

More Definitions of Clearing System Business Day

Clearing System Business Day means a day on which the Relevant Clearing System is open for the purpose of effecting settlement of ETP Securities. "Clearstream, Luxembourg" means Clearstream Banking, S.A., Luxembourg and any successor thereto.

Clearing System Business Day means a day on which each Clearing System for which any global certificate is being held is open for business.

Clearing System Business Day means a day on which Euroclear and Clearstream, Luxembourg are open for business.

Clearing System Business Day means a day on which each clearing system for which the Global Registered Note is being held is open for business.

Clearing System Business Day means a weekday (Monday to Friday, inclusive) except 25 December and 1 January.

Clearing System Business Day means Monday to Friday inclusive except 25 December and 1 January.

Clearing System Business Day means, in respect of a Relevant Clearing System, any day on which such Relevant Clearing System is open for the acceptance and execution of settlement instructions.