Modified Business Day Convention definition

Modified Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day unless that day falls in the next calendar month in which case that date will be the first preceding day that is a Business Day;
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Modified Business Day Convention has the meaning specified in Condition 5.09 (Definitions);
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Modified Business Day Convention has the meaning set forth in the Swap Definitions.
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Examples of Modified Business Day Convention in a sentence

  • Results further showed that the capillary density in both the control and obese groups treated with BIIE 0246 were lower than those in the non-treated groups.Angiogenesis is an important mediator in tumor progression.

  • Interest Payment Dates: 17th May in each year, commencing on 17th May, 2007 (a short first coupon) to and including the Maturity Date, in each case subject to adjustment in accordance with the Modified Business Day Convention for the purposes of payment only.


More Definitions of Modified Business Day Convention

Modified Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day unless that day falls in the next calendar month in which case that date will be the first preceding day that is a Business Day save in respect of Notes for which the Reference Rate is SOFR, for which the final Interest Payment Date will not be postponed and interest on that payment will not accrue during the period from and after the scheduled final Interest Payment Date;
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Modified Business Day Convention means that the INDEX2 and INDEX5 observation for a calendar day that is not a Business Day will be deemed the same as the Business Day immediately prior;
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Modified Business Day Convention means that the INDEX2 and INDEX5 observation for a calendar day that is not a Business Day will be deemed the same as the Business Day immediately prior;
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Related to Modified Business Day Convention

  • Business Day Convention means the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day.

  • Modified Following Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day unless that day falls in the next calendar month in which case that date will be the first preceding day that is a Business Day;

  • Following Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day;

  • Preceding Business Day Convention means that the relevant date shall be brought forward to the first preceding day that is a Business Day;

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the applicable Final Terms as the Specified Period after the calendar month in which the preceding such date occurred; provided, however, that: