Examples of Irish Business Day in a sentence
Interest on the Loan Notes will be payable on 30 June and 31 December in each year (or, if not an Irish Business Day, on the first Irish Business Day thereafter).
Unless previously redeemed or purchased, the Loan Notes will be redeemed on 31 December 2007 (or, if not an Irish Business Day, on the first Irish Business Day thereafter).
However, if the Board fails to approve or veto or reject such action within one Irish Business Day, then the Collateral Manager shall be authorised to take such action three Irish Business Days following despatch of the relevant information to the Board.
If the Board vetoes or rejects such action within one Irish Business Day then the Collateral Manager shall not be entitled to take any such action.
The Loan Notes will be redeemable, in whole or in part, at the option of the holder on 31 December 2002 and thereafter on each interest payment date falling prior to 31 December 2007 (or if not an Irish Business Day, on the first Irish Business Day thereafter).
If at any time the Collateral Manager considers in light of market or other circumstances prevailing at the time that the procedures described above are not appropriate or require the taking of immediate action, the Collateral Manager shall seek the express approval of the Board to carry out such action and in such case the Board shall ensure that a decision is made and received by the Collateral Manager within one Irish Business Day of receipt of the relevant information.
In the event that the Board approves such action prior to the expiry of such three Irish Business Day period, the Portfolio Manager will be entitled to take action immediately following such approval.
They are listed numerically by the code in Regional Nodes Examined, followed by the code(s) for Regional Nodes Positive that the edit will accept in that situation.If Regional Nodes Examined is 00 (no nodes removed), then Regional Nodes Positive can only be 98 (no nodes removed).
If at any time the Portfolio Manager considers in light of market or other circumstances prevailing at the time that the procedures described above are not appropriate or require the taking of immediate action, the Portfolio Manager shall seek the express approval of the Board to carry out such action and in such case the Board shall ensure that a decision is made and received by the Portfolio Manager within one Irish Business Day of receipt of the relevant information.
If any Payment Date is not a date on which commercial banks in Ireland are generally open for business including Saturday or Sunday (an “Irish Business Day”), such Paying Agent in Ireland will make any payments that are due on the Notes on such date and payable in Ireland on the next succeeding day that is an Irish Business Day and no Noteholder shall be entitled to any additional interest or other amounts as a result of any such delay in payment.