Scheduled Business Day definition

Scheduled Business Day means each Business Day and each day which is not a Business Day only because it is an Unscheduled Holiday.
Sample 1Sample 2Sample 3
Scheduled Business Day means, with respect to each Supplemental Obligation under this Security that uses such term, a day that is scheduled to be a Business Day as of the Trade Date or Pricing Date applicable to such Supplemental Obligation.
Sample 1Sample 2Sample 3
Scheduled Business Day means any day on which the Exchange is scheduled to be open for trading for its regular trading session.
Sample 1Sample 2Sample 3

Examples of Scheduled Business Day in a sentence

  • The historical volatility for each date has been calculated based on the previous 60 Scheduled Business Day period which is the period used to measure volatility to determine the Participation Rate.

  • If there is a Market Disruption Event affecting the Reference Asset, Delivery Parcel or a component of them on certain dates for working calculations during the Investment Term (such as the Maturity Date) then the Issuer may determine to take action to take account of the disruption, or can delay the calculation to the next Scheduled Business Day on which there is no Market Disruption Event.

  • In this way the Strategy Value will vary from one Scheduled Business Day to the next depending on the change in the level of the Reference Asset and the Participation Rate.The Issuer intends to publish the Strategy Value (on a monthly basis) on its website at www.sequoiasi.com.au.

  • The Strategy Value is calculated each Scheduled Business Day by: • taking the change in the level of the Reference Asset from the close of the previous Scheduled Business Day to the close of the current Scheduled Business Day, • multiplying it by the Participation Rate (which determines the exposure to the Reference Asset) from the previous Scheduled Business Day, and • multiplying this amount by the Strategy Value from the previous Scheduled Business Day.

  • The Reference Asset Value is calculated by reference to the change in the Reference Asset Level from the Commencement Date to the Reference Asset Level on the relevant Scheduled Business Day.

  • If there is a Market Disruption Event affecting the Reference Asset, Delivery Parcel or a component of them on certain dates for working calculations during the Investment Term (such as the Maturity Date) then the Issuer may determine to take action to take account of the disruption, or may delay the calculation to the next Scheduled Business Day on which there is no Market Disruption Event.

  • Accordingly Investors will not receive enhanced exposure to the Reference Asset even at times of low volatility.The Participation Rate is determined on each Scheduled Business Day by reference to the volatility of the Reference Asset over the previous 20 and 60 Scheduled Business Days.

  • Regarding the research on advertising expenditure at the micro level, the most pressing issues are the effect of advertising expenditure on shareholder value (Heiens et al., 2007; Osinga et al., 2011; Srivastava et al., 1998) and on the market value of the company (Joshi and Hanssens, 2010), both of which are complex research fields.The short literature review above identifies the corporate, market and industrial level relations and the varied research alternatives on advertising expenditure.

  • Class B Shares was to move up 1 on the first Scheduled Business Day and then down -1 on the following Scheduled Business Day, and then replicate that pattern for 101 Scheduled Business Days, the historic volatility would be 15.79 , and the Participation Rate would be 91.83 .

  • The formula for calculating Strategy Value (on Scheduled Business Day t) for Series 21 is as follows:StrategyValue = 100 x [1 + 120% x (4787.5/4740 – 1)] – 100 x 0% x 1/360Strategy Valuet = Strategy Value t-1x [1 + Participation Ratet-1= 100 x [1 + 120% x (1.01 – 1)]= 100 x 1.012= 101.20Realised volatility (or historical volatility) is a measure of volatility and risk.


More Definitions of Scheduled Business Day

Scheduled Business Day means each Business Day and each day that would have been a Business Day (but which is not a Business Day only on account of it being an Unscheduled Holiday).
Sample 1Sample 2
Scheduled Business Day means each New York and Taipei Business Day and each day which is not a New York and Taipei Business Day only because it is an Unscheduled Holiday.
Sample 1
Scheduled Business Day means any day on which the NYSE is scheduled to be open for trading for its regular trading session.
Sample 1
Scheduled Business Day means, with respect to each Supplemental Obligation under this Security that uses such term, a day that is scheduled to be a
Sample 1
Scheduled Business Day means a day that is or, in the judgment of the Calculation Agent, should have been a Business Day.
Sample 1

Related to Scheduled Business Day

  • Grace Period Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in the place or places and on the days specified for that purpose in the relevant Obligation and if a place or places are not so specified, in the jurisdiction of the Obligation Currency.

  • Fund Business Day means any day on which the NAV of Shares of each Fund is determined as stated in the then current Prospectus.

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • 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.

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

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • RFR Business Day means, for any Obligations, interest, fees, commissions or other amounts denominated in Dollars, any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • 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.

  • Rebalance Business Day means any day which is a, Exchange Business Day and also a day on which commercial banks and foreign exchange markets settle payment in the country in which the relevant Reference Asset is admitted to trading or any other day designated as a Rebalance Business Day by the Issuer.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Currency Business Day means a day on which commercial banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre of the Relevant Currency or, in the case of euros, a city in which banks in general have access to the TARGET2 System.

  • Determination 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 New York City;

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Rate Calculation 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 and New York City;

  • TARGET Business Day means a day on which the TARGET System is operating.