Relevant Business Day definition

Relevant Business Day means a day which is both an Underlying Business Day (i.e. an Exchange Business Day) and a Specified Venue Securities Business Day (i.e. any day on which the Specified Venue on which the Securities are listed is open for a regular trading session);
Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.
Relevant Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the Relevant Financial Centre.

Examples of Relevant Business Day in a sentence

  • If the date on which the non-utilisation fee is due to be paid is not a Relevant Business Day, payment shall be made on the next day, if any, of that calendar month that is a Relevant Business Day or, failing that, the nearest preceding day that is a Relevant Business Day, in all cases with a corresponding adjustment to the amount of non-utilisation fee due.

  • Where a day on which a payment would otherwise be due and payable is not a Relevant Business Day, such payment shall be due and payable by the payer on the next following Relevant Business Day.

  • A and Tranche B), and to the final interest payment only, when it shall mean the preceding Relevant Business Day, with adjustment to the interest due under Article 4.1 (Fixed Rate Tranches).

  • If the Tranche is disbursed on a day that is not a Quarter Day (or, where a Quarter Day is not a Relevant Business Day, on the first following day that is a Relevant Business Day), interest for the period from the date of disbursement to the first following Quarter Day shall be payable at the PRIBOR.

  • No later than the next Relevant Business Day after the day of receipt of the notice from the Parent Borrower, the Facility Agent shall notify the details of (a) to (c) in this paragraph to the Prepayment Lenders, and the Prepayment Lenders shall no later than four (4) Relevant Business Days prior to the Proposed Prepayment Date (Prepayment Consent Deadline), notify the Facility Agent of whether it will accept or reject the Prepayment.


More Definitions of Relevant Business Day

Relevant Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the Relevant Financial Centre and (in the case of Notes denominated in Euro) a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which was launched on 19 November 2007 (“TARGET2”) or any successor thereto (the “TARGET System”) is open.
Relevant Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong, London and in New York City;
Relevant Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the Relevant Financial Centre and (in the case of Notes denominated in Euro) a day on which the Trans-European- Automated Real-time Gross settlement Express Transfer (TARGET) system or its successor in business (the “TARGET System”) is open.
Relevant Business Day means, when used in connection with the creation of a Lien on any asset, any Business Day that is not a day on which banking institutions in any jurisdiction the laws of which are relevant to the creation of such Lien are authorized or required by law to close.
Relevant Business Day means a United States Government Securities Business Day; and
Relevant Business Day. . . . . . . . . . . . means a day (other than Saturday or Sunday) on which
Relevant Business Day means a day on which real time gross settlement system operated by the Eurosystem (T2), or any successor system, is open for settlement of payments in EUR.