Frankfurt Business Day definition

Frankfurt Business Day means any day (other than a Saturday or Sunday) on which credit institutions are open for business in Frankfurt am Main.

Frankfurt Business Day is any day other than a Saturday, Sunday, legal holiday in Frankfurt am Main, or a day on which commercial banks are authorized or required by law, regulation, or executive order to close in Frankfurt am Main. U.S. dollars. References to U.S. dollars or $ shall mean, as of any time, the coin or currency that is then lawful currency in the United States of America. Euros. References to the euro or € shall mean, as of any time, the lawful currency of the member states of the European Union that have adopted the single currency in accordance with the Treaty establishing the European Community, as amended by the Treaty on European Union and the Treaty of Amsterdam, and as further amended from time to time.

Frankfurt Business Day means any day (other than Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business in Frankfurt;

Examples of Frankfurt Business Day in a sentence

• If any due date for payment of principal or interest in Euro in respect of any Bonds to CBF and to, or to the order of, the Registered Holder is not a Frankfurt Business Day, such payment will not be made until the next following Frankfurt Business Day, and no further interest shall be paid in respect of the delay in such payment.

• In accordance with reasonable practice, on the first Frankfurt Business Day after the Record Date for any interest payment on the Euro-Bonds or the Designated Currency-Notes, as the case may be, the Relevant Registrar shall send the payment details in respect of the Payee and the accounts to which transfers should be made to the Relevant Paying Agent.

• If any due date for payment of principal or interest in U.S. dollars in respect of any Bond to, or to the order of, the Registered Holder is not a Frankfurt Business Day or not a New York Business Day, such payment shall not be made until the next day which is both a Frankfurt Business Day and a New York Business Day, and no further interest shall be paid in respect of the delay in such payment.

• If any due date for payment of principal or interest in Euro in respect of any Bonds is not a Frankfurt Business Day, such payment will not be made until the next following Frankfurt Business Day, and no further interest shall be paid in respect of the delay in such payment.

• On the first Frankfurt Business Day after the Record Date for any interest payment on the Euro-Bonds, the Euro Registrar shall send the payment details in respect of the Payee and the Euro accounts to which transfers should be made to the Euro Paying Agent.

More Definitions of Frankfurt Business Day

Frankfurt Business Day means any day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency) in Frankfurt.] "New York Business Day" means any day on which banking institutions in New York City are not obliged and not authorized to close. ["[Insert relevant location] Business Day" means any day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency) in [insert relevant location].] ["TARGET Business Day" means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer System (TARGET) is operating.]

Frankfurt Business Day means any day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Frankfurt am Main;

Frankfurt Business Day means any day (other than a Saturday or Sunday) on which credit institutions are open for business in Frankfurt am Main. If such bid quotation is not available, the Paying Agent shall obtain a bid quotation from a leading foreign exchange bank in New York City selected by the Paying Agent for such purpose. If no bid quotation from a leading foreign exchange bank is available, payment of the CAD Conversion Amount will be made in CAD to the account or accounts specified by DTC to the Paying Agent. Until such account or accounts are so specified, the funds still held by the Paying Agent shall bear interest at the rate of interest quoted by the Paying Agent for deposits with it on an overnight basis, to the extent that the Paying Agent is reasonably able to reinvest such funds.

Frankfurt Business Day means any day (other than a Saturday or Sunday) on which credit institutions are open for business in Frankfurt am Main. If such bid quotation is not available, the Paying Agent shall obtain a bid quotation from a leading foreign exchange bank in New York City selected by the Paying Agent for such purpose. If no bid quotation from a leading foreign exchange bank is available, payment of the [INSERT DESIGNATED CURRENCY] Conversion Amount will be made in [INSERT DESIGNATED CURRENCY] to the account or accounts specified by DTC to the Paying Agent. Until such account or accounts are so specified, the funds still held by the Paying Agent shall bear interest at the rate of interest quoted by the Paying Agent for deposits with it on an overnight basis, to the extent that the Paying Agent is reasonably able to reinvest such funds.

Frankfurt Business Day means a day on which banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Frankfurt am Main, Germany.

Frankfurt Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for general business in Frankfurt am Main.

Frankfurt Business Day means a day (other than a Saturday or a Sunday) on which commercial banks in Frankfurt am Main are open.