Relevant Business Day definition

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 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 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

  • Fixed Rate Tranches); and for a Floating Rate Tranche, 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 corresponding adjustment to the interest due under Article 3.1.B (Rate of interest – Floating Rate Tranches).


More Definitions of Relevant Business Day

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 (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 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 and foreign exchange markets settle payments in each city specified as a Relevant Business Day Centre in the Supplemental Trust Deed; and