TARGET2 Business Day definition

TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.
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TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.
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TARGET2 Business Day means a day on which the TARGET2 System is open.
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Examples of TARGET2 Business Day in a sentence

  • The second TARGET2 Business Day preceding the applicable Reset Date.

  • The second TARGET2 Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with Section 2.07(i)(J)(3), in which case it means the applicable Reset Date.

  • In this Condition, “business day” means a day (other than a Saturday or Sunday) which is a TARGET2 Business Day, on which commercial banks and foreign exchange markets are open for business in the place of the specified office of the Paying Agents.

  • For the purposes of this Condition, Business Day means any day which is a TARGET2 Business Day.

  • If a repayment date, Interest Payment Date or other payment date arising in connection with the Notes does not fall on a Bank Working Day or on a TARGET2 Business Day, Noteholders are not entitled to payment of principal and interest (unadjusted) until the following Bank Working Day or on the following TARGET2 Business Day.


More Definitions of TARGET2 Business Day

TARGET2 Business Day means, a day in which the TARGET2 System is open.
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TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open;
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TARGET2 Business Day has the meaning given to it in Condition 5.09 (Definitions);
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TARGET2 Business Day means a day on which TARGET2 is open.
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TARGET2 Business Day means a day on which the Trans-European Automated Real-Time Gross Settlement Transfer System (TARGET2) is operational.
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TARGET2 Business Day means a day on which the TARGET2 System is operating.
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TARGET2 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 November 19, 2007 (“TARGET2”) or its successor is operating.
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