Definizione di Payment Day

Payment Day means a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange markets are open for business (including dealing in foreign exchange and foreign currency deposits) in the principal financial centre for the Settlement Currency or, if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross-settlement Express Transfer (TARGET 2) System is open;
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Related to Payment Day

  • Exchange Business Day means any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day on the relevant Exchange other than a day on which the trading on such exchange is scheduled to close prior to its regular weekday closing time;

  • Interest Period End Final Date" is as defined in Condition 32(a) and Condition 32(b)(i);

  • Reference Price (Final)" meanz the Reference Price on the Valuation Date; "Register" haz the meaning azcribed to it in Condition l.4;

  • Interest Not applicable.

  • Basket Not Applicable Business Day: As stated in Product Condition 1 Calculation Period: As stated in Product Condition 1 Cash Amount: The amount determined by the Calculation Agent in accordance with the following formula: (Final Reference Price - Current Strike Level) x Entitlement The Cash Amount shall be converted in the Settlement Currency at the prevailing Exchange Rate, if an Exchange Rate is applicable, and rounded to the nearest four decimal places in the Settlement Currency, 0.00005 being rounded upwards Certificate: Not Applicable Current Barrier Level: As stated in Product Condition 1 and rounded to the next two decimal places in the Underlying Currency, 0.005 being rounded upwards. The Current Barrier Level on the Launch Date shall be EUR 12.420 The Current Barrier Level will be published and forwarded to the relevant Exchanges/Clearing systems/Data vendors prior to 1.00 p.m. (Italian time) on the Exchange Business Day preceding the day when the Current Barrier Level becomes effective Current Premium: 8% Current Spread: 2%