Valuation Business Days definition

Valuation Business Days means any day (other than Saturday or Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Buenos Aires and New York City; and
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Valuation Business Days. New York Cash Settlement Method: Cash Price - Alternate Method Quotation Rate: mid Calculation Agent: Bear Stearns
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Examples of Valuation Business Days in a sentence

  • The Calculation Agent will attempt to obtain Full Quotations in respect of the relevant Reference Obligation from at least five Dealers on the first five Valuation Business Days following the Workout Cut-off Date.

  • Fixed Rate Note Provisions (Condition 5(a))”; provided that for the purposes of such determination, the “Reference Rate Fixing Date” shall be the date that is no later than five (5) Valuation Business Days (as defined in the Appendix) prior to the date upon which the Notes become due and payable as provided in Condition 9.

  • Include if Cash Settlement is applicable and the Cash Settlement Valuation Date is not the Exercise Date and is determined instead by reference to Valuation Business Days.

  • If at least two Full Quotations are not available on the Scheduled Valuation Date, the Valuation Date shall be postponed until the date falling five Valuation Business Days after such Scheduled Valuation Date, or, if at least two Full Quotations are not available on that date, the date falling 10 Business Days following the Scheduled Valuation Date (the “Valuation Cut-off Date”).

  • Otherwise include, unless relying on the presumption in Section 18.4.9 (Cash Settlement Valuation Date) that the Cash Settlement Valuation Date is two Valuation Business Days preceding the Mandatory Early Termination Date, or determined as indicated for the currency and, if relevant, Floating Rate Option in the Settlement Matrix.4 If the Settlement Matrix applies to the relevant Transaction and provides an applicable election, parties need not include this field unless they wish to vary that election.

  • If on each of the two scheduled Valuation Business Days following the scheduled Valuation Date the Price Source Unavailability is still in effect or if such days are not otherwise Valuation Business Days, the Calculation Agent will determine the Settlement Rate for the affected Reference Currency on the third scheduled Valuation Business Day after the scheduled Valuation Date in accordance with the Fallback Rate Observation Methodology.

  • Otherwise include where Cash Settlement is applicable, unless relying on the presumption in Section 18.4.9 ( Cash Settlement Valuation Date) that the Cash Settlement Valuation Date is two Valuation Business Days preceding the Cash Settlement Payment Date or Optional Early Termination Date, as appropriate, or determined as indicated for the currency and, if relevant, Floating Rate Option in the Settlement Matrix.

  • Exchange Rate Divergence means that, in the sole discretion of the Calculation Agent the BRL- PTAX Rate has failed for any reason for a period of not less than three consecutive Valuation Business Days to reflect the current prevailing BRL/USD spot bid and offer rates.

  • OBD II systems are designed into the vehicle’s on-board computer to detect emission malfunctions as they occur by monitoring virtually every component and system that can cause emissions to increase significantly.

  • If at least two Full Quotations are not available on the Scheduled Valuation Date, the Valuation Date shall be postponed until the date falling five Valuation Business Days after such Scheduled Valuation Date, or, if at least two Full Quotations are not available on that date, the date falling ten Business Days following the Scheduled Valuation Date (the “Valuation Cut-off Date”).

Related to Valuation Business Days

  • Valuation Business Day means, with respect to each Reference Currency, any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city or jurisdiction indicated in the table below:

  • Determination 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) in Hong Kong, London and New York City;

  • Rate Calculation 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) in Hong Kong and New York City;

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • RMB Rate Calculation 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) in Hong Kong and in New York City.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Canadian Business Day means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario or in Mxxxxxxx, Xxxxxx, Xxxxxx or New York, New York.

  • 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.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • ST Valuation Date means the Redemption Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Rebalance Business Day means any day which is a, Exchange Business Day and also a day on which commercial banks and foreign exchange markets settle payment in the country in which the relevant Reference Asset is admitted to trading or any other day designated as a Rebalance Business Day by the Issuer.

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Relevant 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 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.

  • TARGET Business Day means a day on which the TARGET System is operating.

  • Grace Period Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in the place or places and on the days specified for that purpose in the relevant Obligation and if a place or places are not so specified, in the jurisdiction of the Obligation Currency.

  • Billing Date means the date upon which the monthly statement is generated and debited to the customer's account.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

  • Fund Business Day means any day on which the NAV of Shares of each Fund is determined as stated in the then current Prospectus.