Collateral Business Day definition

Collateral Business Day means a day on which:
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Collateral Business Day means such day which is a London Business Day and Paris
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Collateral Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business in Copenhagen, Stockholm andLondon and which is a TARGET Settlement Day. “Fee Amount” means the following amount:Collateral Cost x [1 + R × ACT (tf ;T ) / 360] With: ⎡ tf ⎤Collateral Cost = ⎢∑ Fee × ACT (k - 1; k ) / 360 ⎥⎣k =t 0 ⎦ Whereby:
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Examples of Collateral Business Day in a sentence

  • Each of the Borrower and it Subsidiaries has taken all material actions and performed all of its material obligations that are necessary to maintain all material Licenses without adverse modification or impairment.

  • On the Collateral Business Day immediately preceding the Collateral Test Date, the Secured W&C Instruments Valuation Agent will determine and will send to the Collateral Agent a Collateral Test Notice notifying it of the following: (a) in respect of the Static Collateral Assets, the Static Collateral Specified Percentage of the Required Static Collateral Nominal Amount; and (b) in respect of the MTM Collateral Assets, the MTM Collateral Specified Percentage of the Required MTM Collateral Value.

  • The Collateral Business Day following such notification will be deemed to be a Collateral Test Date and on such date the Collateral Agent shall determine the revised Required Collateral Value and any required adjustments to the Collateral Pool necessary to ensure that the Collateral Test will be satisfied.

  • Unless otherwise specified in the applicable Final Terms, the Valuation Point shall be the Collateral Business Day (as defined in the Additional Terms and Conditions relating to Secured Notes) immediately preceding the Issue Date or the relevant Collateral Test Date, as the case may be, or, if a valuation of the relevant Collateral Asset or Secured Note, as applicable, is not available on such date, the date of the last available valuation of such Collateral Asset or Secured Note.

  • The majorities of these sports venues neither belong to “society” nor to “communities” but belong to “departments” and “schools”.

  • The UN organisations each have their own separate board of directors and funders, guarding their independence.

  • During the above additional 60 Collateral Business Day period the Collateral Manager may propose the replacement of the affected Collateral Assets by other Collateral Assets complying with the Collateral Rules and the Eligibility Criteria, or propose any other relevant measures so that the Collateral Test is satisfied.

  • Some of the information at the back of the handbook, or information available to you as a specialist worker, may be helpful here.

  • The Collateral Business Day following such notification will be deemed to be a Collateral Test Date and the Collateral Manager shall notify the Collateral Monitoring Agent of the same.

  • The Collateral Business Day immediately following a day on which such Collateral Test Notice is given by the Issuer (or the Collateral Manager on its behalf) for the substitution of Collateral Assets as described above will be deemed to be a Collateral Test Date.


More Definitions of Collateral Business Day

Collateral Business Day means any day other than a Saturday or Sunday on which banks are generally open in Dublin, London, Paris and Amsterdam for the transaction of business of the nature required by the Operative Documents (as defined in the Underlying Collateral);
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Collateral Business Day means a day (other than Saturday or a Sunday) on which banks are open for business in Frankfurt am Main, Munich, New York, London and Dublin and which is a day on which the Trans-European Automated Real-Time Gross Settlements Express System settles payments into Euro.
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Collateral Business Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets settle payments and are open for business (including dealings in foreign exchange and foreign currency deposits) in London."Collateral Prospectus" means the prospectus dated23 November 2007 prepared by Diversity Funding No.1 Limited in relation to the Collateral and other securities issued by it. The Swap Agreement may be terminated early in certain circumstances, including, without limitation,(subject as provided in the Swap Agreement) a failureto make payments, certain insolvency related events, if withholding taxes are imposed on payments made by the Issuer or the Swap Counterparty under the Swap Agreement or it becomes illegal for either party to reform its obligations under the Swap Agreement (see "Transfer to avoid Termination Event" below). Transfer to avoid Termination Event: If withholding taxes are imposed on payments made by the Issuer or the Swap Counterparty under the Swap Agreement, then the Swap Counterparty shall, at its sole option, have the right to require the Issuer:
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Collateral Business Day means a day on which banks generally are open for business in Paris, London, Dublin and New York and which is a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system is open for settlement of payments in Euro.
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Related to Collateral Business Day

  • Local Business Day means, subject to the Schedule, a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits)

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • 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.

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • Singapore Business Day means a day (except Saturdays, Sundays and public holidays) on which commercial banks are open for business in Singapore.

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • USGS Business Day means any day except for a Saturday, Sunday or a day on which the Securities Industry and Financial Markets Association or any successor thereto (“SIFMA”) recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in U.S. government securities.

  • Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • PRC Business Day means a day (other than a Saturday, Sunday or public holiday) on which commercial banks are generally open for business in Beijing;

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Fund Business Day means any day on which the NAV of Shares of each Fund is determined as stated in the then current Prospectus.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • 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.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Funds-transfer business day of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders.

  • Currency Business Day means a day on which commercial banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre of the Relevant Currency or, in the case of euros, a city in which banks in general have access to the TARGET2 System.

  • Exchange Business Day means any Scheduled Trading Day on which the Exchange and each Related Exchange are open for trading during their respective regular trading sessions, notwithstanding any such Exchange or Related Exchange closing prior to its Scheduled Closing Time.