Toronto Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Toronto.
Toronto Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Toronto;
Toronto Business Day means any day except a Saturday, Sunday or other day on which banks in Toronto, Canada are authorized by law to close.
Examples of Toronto Business Day in a sentence
The Cash Manager, in its capacity as Calculation Agent under the Interest Rate Swap Agreement, shall determine, in accordance with the terms of the Interest Rate Swap Agreement, the Receipt Ratio and the Average Loan Balance in respect of the relevant Calculation Period and shall notify the Guarantor and the Bond Trustee of such amounts and balances on the Toronto Business Day that is at least two days prior to the first Guarantor Payment Date following the relevant Calculation Period.
If any due date for payment of principal or interest in U.S. dollars in respect of any Note to, or to the order of, the Registered Holder is not a Toronto Business Day or not a New York Business Day, such payment shall not be made until the next day which is both a Toronto Business Day and a New York Business Day, and no further interest shall be paid in respect of the delay in such payment.
The Board has the right to direct the Administration to hire, classify, evaluate, assign, reassign, promote, lay off and terminate.
No later than one Toronto Business Day prior to Issue Date 2.00 p.m. A Calculation Agent is appointed, if required.
The Registered Global Note is delivered to the Canadian Registrar for receipt by the Canadian Registrar no less than one clear Toronto Business Day in advance of the Issue Date.
More Definitions of Toronto Business Day
Toronto Business Day means any day (other than a Saturday or Sunday) on which credit institutions are open for business in Toronto. “Frankfurt Business Day” means any day (other than a Saturday or Sunday) on which credit institutions are open for business in Frankfurt am Main.
Toronto Business Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business in the City of Toronto. The Issuer shall request the Canadian Financial Advisers to provide a calculation of the Canada Yield. All certificates, communications, opinions, determinations, calculations, quotations and decisions given, expressed, made or obtained for the purposes of the provisions of this Condition 6(f), by the Financial Adviser or Canadian Financial Advisers, shall (in the absence of negligence, wilful default, bad faith or manifest error) be binding on the Issuer, the Agent, Calculation Agent (if applicable), any other Paying Agents and all Noteholders and Couponholders and (in the case of Registered Notes issued by Toyota Credit Canada Inc.) the TCCI Registrar and the TCCI Transfer Agent or (in the case of Registered Notes issued by Toyota Motor Credit Corporation) the TMCC Registrar and the TMCC Transfer Agent and (in the absence as aforesaid) no liability to the Issuer, the Noteholders or the Couponholders shall attach to the Financial Adviser or Canadian Financial Advisers in connection with the exercise or non-exercise by it of its powers, duties and discretions pursuant to the provisions of this Condition 6(f).
Toronto Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Toronto. Linear Interpolation 5.10 Where “Linear Interpolation” is specified as applicable in respect of an Interest Period in the applicable Final Terms, the Rate of Interest for such Interest Period shall be calculated by the Calculation Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified as applicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA determination is specified as applicable in the applicable Final Terms), one of which shall be determined as if the Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for a period of time next shorter or, as the case may be, next longer, then the Calculation Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.
Toronto Business Day means any day which is a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign currency deposits and foreign exchange) in Toronto. If a date for payment of interest or principal on the Subordinated Note falls on a day that is not a business day in the place of payment, such payment will be made on the next succeeding business day in such place of payment as if made on the date such payment was due. No interest will accrue on any amounts payable for the period from and after the due date for payment of such interest or principal. The Notes will be represented by beneficial interests in fully registered permanent global notes (the "Global Notes") without interest coupons attached, which will be deposited with and registered in the name of CDS & Co., as custodian and nominee for The Canadian Depository for Securities Limited ("CDS"). Beneficial interests in the Global Notes will be represented through book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants in CDS. Clearstream International ("Clearstream") and the Euroclear System ("Euroclear") will hold interests on behalf of their participants through customers' securities accounts in their respective names on the books of their respective Canadian subcustodians, each of which is a Canadian Schedule I chartered bank ("Canadian subcustodians"), which in turn will hold such interests in customers' securities accounts in the names of the Canadian subcustodians on the books of CDS. All payments of principal and interest on the Notes will be made in Canadian dollars. Payments on the Global Notes will be made on behalf of the Company by the fiscal agent pursuant to the instructions of the Person in whose name this Subordinated Note is registered at the close of business on the relevant Record Date. All payments made by the fiscal agent on the Company's behalf shall discharge the liability of the Company under the Notes to the extent of the sums so paid. Reference is hereby made to the further provisions of this Subordinated Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee or by the Fiscal Agent on behalf of the Trustee by manual signature, this Subordinated Note shall not be entitled to any benefit u...
Toronto Business Day means a day on which Schedule I banks under the Bank Act (Canada) are open for general business in the city of Toronto, Canada;
Toronto Business Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business in the City of Toronto.
Toronto Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Toronto. Zero-Coupon Covered Bonds 5.10 If any Final Redemption Amount in respect of any Zero Coupon Covered Bond is not paid when due, interest shall accrue on the overdue amount at a rate per annum (expressed as a percentage per annum) equal to the Amortization Yield defined in the Final Terms or at such other rate as may be specified for this purpose in the Final Terms until the date on which, upon due presentation or surrender of the relevant Covered Bond (if required), the relevant payment is made or, if earlier (except where presentation or surrender of the relevant Covered Bond is not required as a precondition of payment), the seventh day after the date on which, the Issuing and Paying Agent or, as the case may be, the Registrar having received the funds required to make such payment, notice is given to the Holders of the Covered Bonds in accordance with Condition 14 that the Issuing and Paying Agent or, as the case may be, the Registrar has received the required funds (except to the extent that there is failure in the subsequent payment thereof to the relevant Holder). The amount of any such interest shall be calculated in accordance with the provisions of Condition 5.08 as if the Rate ofInterest was the Amortization Yield, the Outstanding Principal Amount was the overdue sum and the Day Count Fraction was as specified for this purpose in the Final Terms or, if not so specified, 30E/360 (as defined in Condition 5.09).