Examples of T2 Business Day in a sentence
Business Days/Payment Days: (a) Additional Business Centre(s) (Condition 3.13)The applicable Additional Business Centre for the purposes of the definition of "Business Day" in Condition 3.13 is a T2 Business Day only(b) Financial Centre(s) or other special provisions relating to Payment Days for the purposes of Condition 4(a):T2 System9.
Payments in respect of the Notes will be made by transfer to the accounts of the relevant Affiliate Member(s) of Interbolsa in which the Notes are registered, details of which appear in the records of the relevant Affiliate Member of Interbolsa at close of business on the T2 Business Day before the due date for payment of principal and/or interest.
If the due date for payment of any amount in respect of any Note is not a T2 Business Day, the Holder shall not be entitled to payment of the amount due until the next succeeding T2 Business Day and shall not be entitled to any further interest or other payment in respect of any such delay.
The ECB reports that €STR is published on each T2 Business Day based on transactions conducted and settled on the previous T2 Business Day (the reporting date "T") with a maturity date of T+1 which are deemed to have been executed at arm's length and thus reflect market rates in an unbiased way.
In order to exercise such option the Issuer shall give not less than 30 nor more than 60 days’ notice (an “Optional Redemption Notice”) to the Bondholders and to the Trustee in accordance with Condition 19 specifying the date for redemption (the “Optional Redemption Date”), which shall be a T2 Business Day.