Offshore Banking Day definition

Offshore Banking Day means (i) with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to any Offshore Loan or any Offshore Overdraft Account, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Applicable Currency are carried on in, the location of the Offshore Funding and Payment Office of the Offshore Administrative Agent or Offshore Overdraft Account Provider, as applicable, with respect to such Offshore Currency, and (ii) with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to any Australian Loan or the Australian Overdraft Account, any day which is a Business Day described in clause (i) which is also a day on which commercial banks are open for business in, and on which dealings in ADollars are carried on in, Hong Kong.
Sample 1Sample 2
Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to (A) any Offshore Loan or any Offshore Overdraft Account, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Applicable Currency are carried on in, the location of the Offshore Funding and Payment Office of the Offshore Overdraft Account Provider, as applicable, with respect to such Offshore Currency, and (B) any Letter of Credit issued for the account of an Offshore Borrower, a day on which the Issuing Lender is open for business in the location in which such Letter of Credit is issued.
Sample 1Sample 2
Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to (A) any Tranche A1 Term Loans, any French Tranche C1 Term Loan, any French Tranche C2 Term Loan, any Offshore Revolving Loan or any Offshore Overdraft Account, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Applicable Currency are carried on in, the location or the Offshore Funding and Payment Office of the Offshore Overdraft Account Provider, as applicable, with respect to such Applicable Currency, and (B) any Letter of Credit issued for the account of an Offshore Borrower, a day on which the Issuing Lender is open for business in the location in which such Letter of Credit is issued.
Sample 1Sample 2

Examples of Offshore Banking Day in a sentence

  • At any point in the procedure, the parties in consultation with OEO/AA may mutually agree to invite others to serve as resource persons to facilitate the resolution of the complaint.

  • Any Sterling Spot Rate so determined shall become effective on the first Offshore Banking Day with respect to Sterling immediately following the relevant Calculation Date (each, a "Sterling Reset Date") and shall remain effective until the next succeeding Sterling Reset Date.

  • Any Sterling Spot Rate so determined shall become effective on the first Offshore Banking Day with respect to Sterling immediately following the relevant Calculation Date (each, a “Sterling Reset Date”) and shall remain effective until the next succeeding Sterling Reset Date.


More Definitions of Offshore Banking Day

Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to (A) any Tranche A1 Term Loans, any French Tranche C1 Term Loan, any French Tranche C2 Term Loan, any French Tranche C3 Term Loan, any Offshore Revolving Loan or any Offshore Overdraft Account, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Applicable Currency are carried on in, the location or the Offshore Funding and Payment Office of the Offshore Overdraft Account Provider, as applicable, with respect to such Applicable Currency, and (B) any Letter of Credit issued for the account of an Offshore Borrower, a day on which the Issuing Lender is open for business in the location in which such Letter of Credit is issued.
Sample 1
Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to any Offshore Loan, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in Euros are carried on in London, England.
Sample 1
Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to any Offshore Revolving Loan, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Offshore Currencies are carried on in London, England.
Sample 1
Offshore Banking Day means with respect to any borrowings, disbursements, payments, calculations, interest rates and Interest Periods pertaining to (A) any Tranche A Term Loans, any Offshore Revolving Loan or any Offshore Overdraft Account, any Business Day which is also a day on which commercial banks are open for business in, and on which dealings in the Applicable Currency are carried on in, the location or the Offshore Funding and Payment Office of the Offshore Overdraft Account Provider, as applicable, with respect to such Applicable Currency, and (B) any Letter of Credit issued for the account of an Offshore Borrower, a day on which the Issuing Lender is open for business in the location in which such Letter of Credit is issued.
Sample 1

Related to Offshore Banking Day

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • Zurich Banking Day means a day on which banks are open in the City of Zurich for the settlement of payments and of foreign exchange transactions.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

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

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

  • Singapore Business Day means a day (except Saturdays, Sundays and public holidays) on which commercial banks are open for business in Singapore.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

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

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • 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.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • 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.

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • 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.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Banking Days means day(s) on which banks are open for the transaction of business in Xxxxxx, Xxxxxxx, Xxxx Xxxx, Xxxxxxxxx, Xxxxxxx and New York, New York;

  • 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.