Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.
Clearing System Business Day means, in respect of a Clearing System, any day on which such Clearing System is (or, but for the occurrence of a Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.
Clearing System Business Day means a day on which the Relevant Clearing System is open for the purpose of effecting settlement of ETP Securities.
Examples of Clearing System Business Day in a sentence
The regular record dates for the Designated Securities will be the close of business on the Clearing System Business Day immediately preceding each Interest Payment Date (or, if the Designated Securities are held in definitive form, the close of business on the 15th Business Day preceding each Interest Payment Date).
More Definitions of Clearing System Business Day
Clearing System Business Day means a day on which the Relevant Clearing System is open for the purpose of effecting settlement of ETP Securities. "Clearstream, Luxembourg" means Clearstream Banking, S.A., Luxembourg and any successor thereto.
Clearing System Business Day means a day on which each clearing system for which this Global Certificate is being held is open for business.
Clearing System Business Day means a weekday (Monday to Friday, inclusive) except 25 December and 1 January.
Clearing System Business Day means a day on which Euroclear and Clearstream, Luxembourg are open for business.
Clearing System Business Day means a day on which each clearing system for which the Global Note Certificate is being held is open for business;
Clearing System Business Day means, in respect of a Relevant Clearing System, any day on which such Relevant Clearing System is open for the acceptance and execution of settlement instructions.
Clearing System Business Day means a day on which the Relevant Clearing System is open for business.