Examples of Business Day in a sentence
Any account which is not closed at maturity shall be considered renewed with a new term if the new maturity corresponds to a weekend holiday and the Client instructs on delaying such term to the next Business Day, otherwise with the same maturity, and at the interest rate applicable on the renewal date, and the Client’s claim from the Bank may be the amount calculated on the interest rate on the date of the maturity of the account.
Vanilla (Straight) Options: : It refers to the Business Day to be agreed upon by the Parties and indicated in the Derivative Instruments Transaction Result Form, on which the settlement details of the Option transaction are determined or finalized.
In respect of any payments in foreign currencies; if such date corresponds to any official holiday in the country of the Seller although it is a Business Day in Turkey, the payment shall be made on the immediate Business Day in the respective country.
The Buyer shall provide the Seller with a copy of SWIFT confirmation within 1 (one) Business Day after the payment has been effected.
If the due date corresponds to any official holiday, the immediate Business Day shall be deemed as the due date.
The respective invoices shall be paid to the bank account of the Seller, as provided in detail herein below, by the Buyer provided that such invoices have been issued in accordance with the provisions prescribed hereunder and that they have been approved by the Buyer, on the Friday, which is the Business Day, following the period specified in Purchase Order as of the date when the tarafından FİRMA’nın aşağıda detayları belirtilen banka hesabına ödenecektir.