London Banking Day definition

London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank Eurodollar market.

London Banking Day means a day on which commercial banks are open for business (including dealings in the LIBOR Currency) in London.

Examples of London Banking Day in a sentence

• The second London Banking Day preceding the first day of each Interest Accrual Period.

• A "London Banking Day" is a day on which banks in London are open for business and dealing in offshore dollars.

• The second London Banking Day preceding the first day of each Notional Accrual Period.

• With respect to each Interest Accrual Period, the second London Banking Day preceding the first day of each Interest Accrual Period.

• With respect to (a) the first Interest Accrual Period, (x) for the period from the Closing Date to but excluding the First Interest Determination End Date, the second London Banking Day preceding the Closing Date, and (y) for the remainder of the first Interest Accrual Period, the second London Banking Day preceding the First Interest Determination End Date, and (b) each Interest Accrual Period thereafter, the second London Banking Day preceding the first day of such Interest Accrual Period.

More Definitions of London Banking Day

London Banking Day or "LBD" means any day on which commercial banks are open for general business (including dealing in foreign exchange and foreign currency deposits) in London;

London Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London.

London Banking Day means any day on which commercial banks are open for general business (including dealings in deposits in U.S. dollars) in London, England.

London Banking Day means any day on which dealings in deposits in U.S. dollars are transacted in the London interbank market.

London Banking Day means any day other than Saturday or Sunday or a day on which commercial banks are required or authorized by law to be closed in London, England.

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

London Banking Day means a day on which commercial banks are open for business, including dealings in United States dollars, in London.