Preceding Business Day Convention definition

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

Preceding Business Day Convention means that the date is brought forward to the first preceding day that is a Business Day; and

Preceding Business Day Convention means that the relevant date shall be brought forward to the immediately preceding Business Day; or

Examples of Preceding Business Day Convention in a sentence

• In that situation Article 6.2(b) provides that the Reset Date is to be adjusted by the Preceding Business Day Convention).

• In the case of Following Business Day Convention (adjusted), the following applies: Im Fall der Preceding Business Day Convention (adjusted) gilt folgen- des: auf den unmittelbar vorausgehenden Geschäftstag vorgezogen.

• H.I. Redemption of the Instruments at maturity (except for Zero Coupon Instruments)[1] Instruments subject to the Following Business Day ConventionOR[2] Instruments subject to the Modified Following Business Day ConventionOR[3] Instruments subject to the Preceding Business Day Convention OR H.II.

• In the case of FRNConvention (adjusted), the following applies:Im Fall der Following Business Day Convention (adjusted) gilt folgen- des:auf den nächstfolgenden Geschäftstag verschoben.postponed to the next day which is a Business Day.In the case of Following Business Day Convention (adjusted), the following applies: Im Fall der Preceding Business Day Convention (adjusted) gilt folgen- des: auf den unmittelbar vorausgehenden Geschäftstag vorgezogen.

• The 24th calendar day of each month during the Term of this Transaction, commencing March 24, 2008, subject to adjustment in accordance with the Preceding Business Day Convention.

More Definitions of Preceding Business Day Convention

Preceding Business Day Convention has the meaning given to it in Condition 5.09 (Definitions);

Preceding Business Day Convention means that, if any date subject to such convention would otherwise fall on a day which is not a Business Day, such date subject to such convention shall be brought forward to the immediately preceding Business Day.

Preceding Business Day Convention means that, if any Interest Payment Date would otherwise fall on a day which is not a Business Day, such Interest Payment Date shall be brought forward to the immediately preceding Business Day.

Preceding Business Day Convention means that the date is brought forward to the first preceding day that is a Business Day. Clearing System means: (a) the Austraclear System; or (b) any other clearing system specified in any relevant STN Supplement. Corporations Act means the Corporations Act 2001 of Australia. Denomination means the denomination of a STN as recorded in the Register. GAAP means the generally accepted accounting principles in Australia, as prescribed by the Australian Accounting Standards Board and required to be complied with in accordance with laws, as may be varied from time to time. Governmental Agency means any government or any governmental, semi-governmental, administrative, fiscal or judicial body, department, commission, authority, tribunal, agency or entity. It also includes a self-regulatory organisation established under statute or a stock exchange. Guarantee or Guarantee Deed Poll means the guarantee deed poll executed by Wesfarmers and certain subsidiaries of Wesfarmers dated 10 October 2007 as amended and supplemented by a supplemental deed dated 6 March 2008. Guarantor means each guarantor from time to time under the Guarantee Deed Poll. Holder means a person whose name is for the time being entered in the Register as the holder of an STN or, where the STN is held jointly by two or more persons, the persons whose names appear in the Register as the joint holders of that STN and (for the avoidance of doubt) when the STN is entered into a Clearing System, includes the operator of that system or a nominee for a common depository for any one or more Clearing Systems (such operator or nominee for a common depository acting in such capacity as is specified in the rules and regulations of the relevant Clearing System or Systems). Information Memorandum means at any time, the latest information memorandum (and any supplement to it) prepared on behalf of, and approved in writing by, the Issuer in connection with the issue of the STNs, all documents incorporated by reference in it and such other information (including any relevant STN Supplement) approved in writing by the Issuer and Wesfarmers (if applicable) from time to time. Issue Date means, in respect of a STN, the date specified in the relevant STN Supplement as the day on which such STN is, or is to be, issued or, if there is no relevant STN Supplement, the date on which such STN is actually issued. Issuer means each of: (a) Wesfarmers Limited (ABN 28 008 984 049); (b) any new issuer appointed in accordance wi...

Preceding Business Day Convention means, if an interest payment date would otherwise fall on a day that is not a business day, then such interest payment date will be advanced to the immediately preceding day that is a business day. If the preceding business day convention is specified in the applicable supplement to be “adjusted,” then the related interest reset dates and interest periods also will be adjusted for non-business days; however, if the preceding business day convention is specified in the applicable supplement to be “unadjusted,” then the related interest reset dates and interest periods will not be adjusted for non-business days.

Preceding Business Day Convention means that, if a relevant payment date that is not a Business Day, such date shall be brought forward to the first preceding day that is a Business Day.

Preceding Business Day Convention means that the immediately preceding Business Day or Exchange Business Day, as applicable according to the Final Termsheet, shall apply if the specific date indicated in the Final Termsheet is not a Business Day or not an Exchange Business Day. The Preceding Business Day Convention would be specified on the relevant Final Termsheet.