TARGET 2 Settlement Day definition

TARGET 2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET 2) System is open;
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TARGET 2 Settlement Day means any calendar day on which the TARGET 2 System is operating.
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TARGET 2 Settlement Day means any day on which TARGET 2 is open for the settlement of payments in euro;
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Examples of TARGET 2 Settlement Day in a sentence

  • TARGET 2 Settlement Day means any day on which the TARGET 2 System is operating.

  • For the purpose hereof: Business Day means any day (other than a Saturday or a Sunday) which is a TARGET 2 Settlement Day.

  • TARGET 2 Settlement Day means any day on which TARGET System is operating.

  • Business Day means a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchanges settle payments and are open for business (including dealings in foreign exchanges and foreign currency deposits) in Stockholm and a TARGET 2 Settlement Day, subject to adjustment in accordance with the Following Business Day Convention.

  • Business Day means any day (other than a Saturday or a Sunday) which is a TARGET 2 Settlement Day.

  • Business Day means, except as otherwise specified herein, a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchanges settle payments and are open for business (including dealings in foreign exchanges and foreign currency deposits) in Paris and a TARGET 2 Settlement Day.

  • TARGET 2 Settlement Day means any day on which the TARGET 2 System is operating.TARGET 2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer System or any successor thereto.

  • Business Day means a day (other than a Saturday or a Sunday) on which commercial banks are open for business (other than solely for trading and settlement in euros) in Paris and a TARGET 2 Settlement Day.

  • For the purpose hereof: Business Day means any day (other than a Saturday or a Sunday) which is a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in New York and a TARGET 2 Settlement Day.

  • TARGET 2 Settlement Day means any calendar day on which the TARGET 2 System is operating; TARGET 2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer System or any successor thereto.Subsidiary means any fully consolidated subsidiary of the Issuer.


More Definitions of TARGET 2 Settlement Day

TARGET 2 Settlement Day means a day on which TARGET 2 is open.
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TARGET 2 Settlement Day means any day on which TARGETysStem is operating.
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Related to TARGET 2 Settlement Day

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of One Hundred Forty-Five Thousand Dollars ($145,000), including any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Mandatory Settlement Date means the earliest of:

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.