Currency Business Day definition

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.

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Currency Business Day means a day which is a Banking Day in the Financial Centre(s) if any (as specified in the relevant Pricing Supplement) and on which (unless the Settlement Currency is euro) commercial banks and foreign exchange markets are generally open to settle payments in the city or cities determined by the Issuer to be the principal financial centre(s) for the Settlement Currency, and if the Settlement Currency is euro, which is also a TARGET Business Day.

Currency Business Day means in respect of any obligations involving a payment denominated in: (i) euro, a

Examples of Currency Business Day in a sentence

If for the purpose of obtaining judgment in any court or enforcing any such judgment it is necessary to convert any amount due in any Foreign Currency into any other currency, the rate of exchange used shall be the Agent's spot rate of exchange for the purchase of the Foreign Currency with such other currency at the close of business on the Foreign Currency Business Day preceding the date on which judgment is given or any order for payment is made.
On the Currency Business Day immediately following the Exchange Business Day that the Settlement Balance is reduced to zero, Seller shall return to Buyer an amount in USD equal to the remaining Cash Balance, if any, as of such Exchange Business Day.
Cash Settlement Payment Date: If Cash Settlement is applicable, the second Currency Business Day following the applicable Valuation Date.
If for the purpose of obtaining judgment in any court or enforcing any such judgment it is necessary to convert any amount due in any Foreign Currency into any other currency, the rate of exchange used shall be the Administrative Agent's spot rate of exchange for the purchase of the Foreign Currency with such other currency at the close of business on the Foreign Currency Business Day preceding the date on which judgment is given or any order for payment is made.
On the later of the third Currency Business Day following the Hedge Completion Date and January 2, 2014, (A) if the Aggregate Restrike Cost exceeds the Prepayment Amount, Issuer shall pay to Dealer an amount in USD equal to such excess or (B) if the Prepayment Amount exceeds the Aggregate Restrike Cost, Dealer shall pay to Issuer an amount in USD equal to such excess.

More Definitions of Currency Business Day

Currency Business Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets settle payments in the principal financial centre for the Settlement Currency and such other financial centre(s), if any, as specified in the relevant Supplemental Memorandum;

Currency Business Day means any day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre for the relevant currency.

Currency Business Day means a day which is a Banking Day in Oslo;

Currency Business Day means a day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System is open;

Currency Business Day means, with respect to a Reference Currency, unless otherwise specified in the relevant Pricing Supplement, a day on which (a) the City of New York and the principal financial center for the Reference Currency as specified in the applicable Pricing Supplement are open for dealings in foreign exchange, (b) banking institutions in the City of New York and such principal financial center for the Reference Currency are not otherwise authorized or required by law, regulation or executive order to close and, (c) if specified in the applicable Pricing Supplement, the Trans-European Automated Real-time Gross Settlement Express Transfer System (“TARGET2”) is open, each as determined by the Calculation Agent.

Currency Business Day means a day which is a Banking Day in the Additional Business Day Centre(s) if any (as specified in the Pricing Supplement) and on which commercial banks and foreign exchange markets are generally open to settle payments in the city or cities determined by the Issuer to be the principal financial centre(s) for the Settlement Currency.

Currency Business Day means, with respect to the Specified Currency and, if different, the Metal Currency, each Weekday on which for that currency (and, where the Specified Currency and the Metal Currency are different, for both those currencies on the same day) banks are generally scheduled to be open for business in the principal financial centre of that currency or, in the case of the euro, each Weekday that is a TARGET Settlement Day.