Examples of Zurich Banking Day in a sentence
Further, if the Notes become due and payable on a date other than an Interest Payment Date (whether as a result of an event of default or redemption or otherwise), the Rate of Interest applicable to the final Interest Period will only be determined based on SARON for each Zurich Banking Day during the related Observation Period to the date on which the Notes become due and payable, rather than for the entire Observation Period.
The Replacement Rate Determination Agent will determine whether to use an alternative rate to SARON for the Affected Zurich Banking Day and for all subsequent Zurich Banking Days in the Observation Period in which the Affected Zurich Banking Day falls (the “Affected SARON Observation Period”) and all Observation Periods thereafter.
The Legislature actively debated voter-ID laws in the 2005, 2007, and 2009 sessions—like many other States after the 2000 election—and opponents resorted to extraordinary procedures to block those bills.
If the SARON is not published on the SARON Screen Page at the Relevant Time on the relevant Zurich Banking Day and both a SARON Index Cessation Event and a SARON Index Cessation Effective Date have occurred on or prior to the Relevant Time on the relevant Zurich Banking Day: a.
Further, if any SARON-referenced Covered Bonds become due and payable on a date other than an Interest Payment Date (whether as a result of an Event of Default or redemption or otherwise), the Rate of Interest applicable to the final Interest Period will only be determined based on SARON for each Zurich Banking Day during the related Observation Period to the date on which such Covered Bonds become due and payable, rather than for the entire Observation Period.