T2 Business Day definition

T2 Business Day means a day on which T2 is open.
T2 Business Day or “TBD” means any day on which T2 is open;
T2 Business Day means a day on which the real-time gross settlement system operated by the Eurosystem or any successor system (T2) is operating.

Examples of T2 Business Day in a sentence

  • If the notice is delivered by telephone, a written confirmation will be executed and delivered confirming the substance of such notice within one T2 Business Day of such notice.

  • A notice delivered by the Calculation Agent to the Issuer and/or the Agent on or prior to 5.00 p.m., Luxembourg time on a T2 Business Day will be effective on such T2 Business Day.


More Definitions of T2 Business Day

T2 Business Day means any day on which T2 is open for the settlement of payments in euro;
T2 Business Day or “TBD” means any day on which T2 (as defined in Condition 1.1) is open.
T2 Business Day means a day on which the T2 System is operating.
T2 Business Day means a day on which the real time gross settlement system operated by the Eurosystem, or any successor or replacement thereto ("T2"), is open for the settlement of payments in euro.
T2 Business Day means a day on which the Real-Time Gross-Settlement Express Transfer (known as T2) System or any successor or replacement thereto, is operating credit or transfer instructions in respect of payments in euro. Provided that if the Agent determines (with the agreement of the Issuer) that the market practice in respect of euro denominated internationally offered securities is different from that specified above, the above shall be deemed to be amended so as to comply with such market practice and the Issuer shall procure that a notice of such amendment is published in accordance with paragraph 12 below not less than 15 days prior to the date on which any payment in euro falls due to be made in such manner as the Agent (with the agreement of the Issuer) may determine. 5. The payment obligation of the Issuer represented by this Global Note constitutes and at all times shall constitute a direct and unsecured obligation of the Issuer ranking at least pari passu with all present and future unsecured and unsubordinated obligations of the Issuer other than obligations mandatorily preferred by law applying to companies generally. 6. This Global Note is negotiable and, accordingly, title hereto shall pass by delivery and the bearer shall be treated as being absolutely entitled to receive payment upon due presentation hereof free and clear of any equity, set-off or counterclaim on the part of the Issuer against any previous bearer hereof. 7. This Global Note is issued in respect of an issue of Notes of the Issuer and is exchangeable in whole (but not in part only) for duly executed and authenticated bearer Notes in definitive form (whether before, on or, subject as provided below, after the Maturity Date):
T2 Business Day means a day on which T2 is operating;
T2 Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (T2) System or any successor thereto is open. Unless otherwise specified herein, payments of principal of, premium, if any, and interest on, this Note will be made in the applicable Specified Currency. Notwithstanding anything in the foregoing to the contrary, if the Specified Currency is not available, in the Company’s good faith judgment, for any amount payable on this Note on the applicable payment date (including at Maturity) due to the imposition of exchange controls or any other circumstances beyond the control of the Company, or is no longer used by the government of the country issuing such currency or for the settlement of transactions by public institutions of or within the international banking community, the Company will be entitled to satisfy its obligation to pay such amount in such Specified Currency by making such payment in United States dollars. Unless otherwise specified in an Addendum attached hereto, the amount of such payment in United States dollars shall be determined on the basis of the Market Exchange Rate (as defined below) as computed by the Exchange Rate Agent on the second Business Day preceding the applicable payment date, or if the Market