XXXXX Business Day definition

XXXXX Business Day means for any Obligations consisting of any interest, fees or other amounts denominated in Sterling, any day except for (a) a Saturday, (b) a Sunday or (c) a day on which banks are closed for general business in London, United Kingdom.
XXXXX Business Day for any Loan denominated in Pounds Sterling, any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which banks are closed for general business in London.
XXXXX Business Day means any day that is not a Saturday, Sunday or other day on which banks are closed for general business in London.

Examples of XXXXX Business Day in a sentence

  • If any payment of principal of or interest on an Advance, any fees or any other amounts payable to any Agent or any Lender hereunder shall become due on a day which is not a XXXXX Business Day, such payment shall be made on the next succeeding XXXXX Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest, fees and commissions in connection with such payment.

  • A Borrowing Notice shall specify: (a) the Borrowing Date, which shall be a XXXXX Business Day, of such Advance, (b) the aggregate amount of such Advance, (c) [reserved], (d) [reserved], and (e) the location and number of the Borrower’s account to which proceeds of the Advance are to be disbursed.


More Definitions of XXXXX Business Day

XXXXX Business Day means any day (other than a Saturday or Sunday) on which banks are open for business in Toronto, Canada.
XXXXX Business Day for any XXXXX Loan, any day except for (a) a Saturday, (b) a Sunday or (c) a day on which banks are closed for general banking business in London.
XXXXX Business Day means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, Pounds Sterling, any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which banks are closed for general business in London. “XXXXX Xxxx Day” has the meaning assigned to such term in the definition ofDaily Simple XXXXX Xxxx”. “Specified Indebtedness for Borrowed Money” means (a) Indebtedness for Borrowed Money described under clause (a) of the definition of Indebtedness for Borrowed Money of any Major Subsidiary that is not a Guarantor and (b) guarantees by any Major Subsidiary that is not a Guarantor of any Indebtedness for Borrowed Money described under clause (a) of the definition thereof.
XXXXX Business Day a day other than a Saturday, Sunday or other day on which commercial banks in London, England are authorized or required by law to close.
XXXXX Business Day has the meaning set forth in Section 3.03(a);
XXXXX Business Day means any day on which commercial banks are open for general business (including dealing in foreign exchange and foreign currency deposits) in London. If the rate of interest cannot be determined in accordance with the forgoing provisions, the rate of interest shall be (A) the rate determined by the Calculation Agent as at the last preceding Interest Determination Date in relation to a Floating Rate Interest Period or (B) if there is no such preceding Interest Determination Date in relation to a Floating Rate Interest Period, the Initial Interest Rate.
XXXXX Business Day means any day on which commercial banks are open for general business (including dealing in foreign exchange and foreign currency deposits) in London. If the rate of interest cannot be determined in accordance with the forgoing provisions, the rate of interest shall be (A) the rate determined by the Calculation Agent as at the last preceding Interest Determination Date in relation to a Floating Rate Interest Period or (B) if there is no such preceding Interest Determination Date in relation to a Floating Rate Interest Period, the Initial Interest Rate. All percentages resulting from any calculation in connection with any interest rate in respect of this Global Security shall be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with five one-millionths of a percentage point rounded upward (for example, 9.876545% (or 0.09876545) would be rounded to 9.87655% (or 0.0987655)), and all Applicable Currency amounts would be rounded to the nearest xxxxx, with one-half xxxxx being rounded upward. All determinations and any calculations made by the Calculation Agent for the purposes of calculating the applicable interest on the Debt Securities will be conclusive and binding on the Holders, the Issuer, the Trustee and the Paying Agent, absent manifest error.