Global Business Day definition

Global Business Day means any day which is an Index Business Day (as defined below) for both Basket Indices (as defined below).
Global Business Day means any day on which the Dow Jones EURO STOXX 50 Index, the Nikkei 225 Index, the Dow Jones Industrial Average, the Hang Seng Index and the FTSETM 100 Index, or any respective successor index, is calculated and published.
Global Business Day means any day on which the EURO STOXX 50 Index, the Nikkei 225 Index, the S&P 500 Index, the Hang Seng Index and the FTSE 100 Index, or any respective successor index, is calculated and published.

Examples of Global Business Day in a sentence

  • Upon the occurrence of a Program Event, the Collateral Trustee shall make, on behalf of Counterparty, a claim on this Guarantee (and Counterparty shall not be entitled to pursue or make a claim hereunder unless the Collateral Trustee fails to do so) for the Guaranteed Amount, if any, on the seventh Global Business Day after the Valuation Date.

  • The Assignment Reference Market-maker shall agree to make any payment due to the Collateral Trustee by the third Global Business Day after the Valuation Date.

  • The Collateral Trustee will notify Counterparty, by Program Notice no later than 3:00 p.m. New York time on the second Global Business Day following the Valuation Date, of the amount payable by or to Counterparty or an Assignment Reference Market-maker.

  • IMPORTANT: Assignment will be allowed only if Counterparty is entitled to value all Transactions and Counterparty properly completes this Document and returns it to the Collateral Trustee by 3:00 p.m. New York time on the Global Business Day following the Valuation Date with respect to all Transactions.

  • The Collateral Trustee shall make payments of such Guaranteed Amount by 3:00 p.m. New York time on such Global Business Day to Counterparty, or an Assignment Reference Market-maker on behalf of Counterparty, to the extent the Collateral Trustee has received funds from CLFG or otherwise.

  • Businesses have been included in this process only through separate side events targeted at business representatives, such as Global Business Day organised by the World Business Council for Sustainable Development (WBCSD).

  • Typical Global Holidays are New Years Day, Good Friday and Christmas Day.▪ Global Business Day: any weekday that is not a Global Holiday DateTreatmentGlobal HolidayNo indices are published unless a Global Holiday falls on the last calendar day of the month.

  • Within nine Global Business Days, but in no event earlier than the third Global Business Day, after the Optional Trigger Date, Counterparty may by notice to CLNY require CLNY to offer to Counterparty a mid-market price, determined in good faith and in accordance with industry standards by CLNY on the basis of CLNY's valuation of all Transactions, to close out all Transactions on the Global Business Day such notice is effective.

  • The Collateral Trustee shall by Program Notice notify Counterparty and, if applicable, the Assignment Reference Market-maker by 3:00 p.m. New York time on the second Global Business Day following the Valuation Date of the amount payable, which shall be the sum of the amount determined in accordance with Part 6(b)(iii)(1) above, if any, and the amount determined in accordance with Part 6(b)(iii)(2) above, if any.

  • All such notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Global Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt is acknowledged, if telecopied; and on the next Global Business Day if timely delivered to an air courier guaranteeing overnight delivery.


More Definitions of Global Business Day

Global Business Day means any day which is an Index Business Day for all five Basket Indices.
Global Business Day means a day other than a Saturday or Sunday on which banks in New York City, Paris, London, Frankfurt and Tokyo are open for the conduct of regular banking activities.
Global Business Day means any day that is not a Saturday, Sunday, or other day on which commercial banks in New York, N.Y. or São Paulo, S.P. are authorized or required by law to remain closed.
Global Business Day means any day that is a Business Day and, if one or more Lenders is domiciled in Singapore, not a national holiday in Singapore.
Global Business Day means any day which is a TARGET Settlement Day and 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 London, Frankfurt am Main, Dublin, New York, Sydney, Auckland, Singapore and Tokyo;
Global Business Day means any day which is an Index Business Day (as defined below) for both Basket Indices (as defined below). “Index Business Day” means, for each Basket Index, a day on which that Basket Index or any successor index is calculated and published.

Related to Global 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)

  • 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.

  • 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;

  • 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.

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

  • 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.

  • Relevant Business Day means a day which is both an Underlying Business Day (i.e. an Exchange Business Day) and a Specified Venue Securities Business Day (i.e. any day on which the Specified Venue on which the Securities are listed is open for a regular trading session);

  • 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.

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

  • Exchange Business Day means any Scheduled Trading Day on which each Exchange and any relevant 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.

  • 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.

  • 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.

  • Hong Kong Business Day means a day (other than a Saturday or Sunday) on which banks in Hong Kong are open for normal business, provided that where as a result of a number 8 typhoon signal, black rainstorm warning or other similar event, the period during which banks in Hong Kong are open on any day is reduced, such day shall not be a Hong Kong Business Day unless the Manager and the Depositary determine otherwise or such other day or days as the Manager and the Depositary may determine.

  • 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.