Settlement Business Day definition

Settlement Business Day means a day on which commercial banks and foreign exchange market participants settle payments and are open for general business (including dealing in foreign exchange and foreign deposits) in the Business Centres specified in the applicable Final Terms.
Settlement Business Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in [insert all relevant financial centres].
Settlement Business Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in London and New York;

Examples of Settlement Business Day in a sentence

  • In the case of Physical Settlement Warrants, if a Settlement Disruption Event occurs or exists on the Settlement Date, settlement will be postponed until the next Settlement Business Day on which no Settlement Disruption Event occurs.

  • The merger signal is usually found in the rest-frame ultraviolet or B band, cal- ibrated by galaxies in the local Universe.

  • In this constitution: ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532); ASX Settlement Operating Rules means the operating rules (however described) of ASX Settlement; Business Day means a day on which banks are open for business excluding Saturdays, Sundays and public holidays in Western Australia.

  • If, prior to the delivery of the Entitlement in accordance with these Physical Delivery Conditions, a Settlement Disruption Event is subsisting, then the Maturity Delivery Date in respect of such Note shall be postponed until the next Settlement Business Day (as specified in the applicable Final Terms) on which no Settlement Disruption Event is subsisting and notice thereof shall be given to the relevant Noteholder, in accordance with Condition 14.

  • Tenors The FX Settlement Date originally specified must fall not later than the day which is expected (as at the Trade Date) to be the last Settlement Business Day falling within the period of two calendar years beginning on the FX Settlement Date which would standardly apply in the market to a non-deliverable FX "spot" transaction entered into on the Trade Date.


More Definitions of Settlement Business Day

Settlement Business Day means a day on which transfers of the Relevant Asset(s) are permitted to be settled in accordance with generally recognised banking practice;
Settlement Business Day means a day which (i) is not a Saturday or Sunday, on which the Relevant Clearing System(s) are operating, and (ii) is a London Business Day.
Settlement Business Day means any day which is (i) a Business Day, (ii) a business day in the jurisdiction of settlement, and (iii) a business day in the principal financial centre of the currency of the relevant Share Class.
Settlement Business Day in respect of each Note, has the meaning specified in the applicable Final Terms relating to such Note; and
Settlement Business Day means any day on which the clearing or settlement system relevant to the Underlying Reference is open.
Settlement Business Day means any day which is (i) a Business Day; (ii) a business day in the jurisdiction of settlement; and
Settlement Business Day means a Business Day on which no Settlement Disruption Event has occurred or is continuing;