Banking Days definition

Banking Days are days on which banks are open both in the country of the currency stipulated for the Purchase Price in Clause 1 and in the place of closing stipulated in Clause 8.

Banking Days means days on which banks are open in New York, Singapore, London, Antwerp and Copenhagen.

Banking Days means day(s) on which banks are open for the transaction of business in London, England and New York, United States of America;

Examples of Banking Days in a sentence

• The sum of United States Dollars Ten Million Two Hundred and Ninety Thousand only (US$ 10,290,000.00), representing Ten percent (10%) of the Contract Price, shall become due and payable and be paid by the BUYER within Five (5) Banking Days after keel-laying of the first section of the VESSEL.

• The BUYER shall, within Five(5) Banking Days after signing of this CONTRACT, deliver to the SELLER an irrevocable and unconditional Letter of Guarantee (the “PAYMENT GUARANTEE”) in the form annexed hereto as Exhibit “B” in favour of the SELLER issued by NAVIGATOR HOLDINGS LTD.

• The sum of United States Dollars Ten Million Two Hundred and Ninety Thousand only (US$ 10,290,000.00), representing Ten percent (10%) of the Contract Price, shall become due and payable and be paid by the BUYER within Five (5) Banking Days upon 180 days after the signing date of this CONTRACT.

• The PCG shall explicitly state that: - it is valid and effective from 24 June 2024 at least until 31 May 2025; - the SSO is entitled to exercise the PCG if the Storage Customer is in delay with the payment of the Fixed Storage Fee and/or the Variable Storage Fee at least 14 calendar days; - it is payable by the Parent Company upon first demand without any reservations within 5 Banking Days following the receipt of written demand for payment, sent by the SSO; - it is governed by German law.

• The BG shall explicitly state that: - it is valid and effective from 24 June 2024 at least until 31 May 2025; - the SSO is entitled to exercise the BG if the Storage Customer is in delay with the payment of the Fixed Storage Fee and/or the Variable Storage Fee at least 14 calendar days; - it is payable by the Bank upon first demand without any reservations within 5 Banking Days following the receipt of written demand for payment, sent by the SSO; - it is governed by German law.

More Definitions of Banking Days

Banking Days means the days identified in Cl.36 (b)

Banking Days means any day that is not a Saturday, Sunday or other day on which (a) banks in New York, New York and London, England are authorized or required by law to remain closed, or (b) banks are not generally open for dealing in dollar deposits in the London interbank market;

Banking Days means day(s) on which banks in Ireland generally are open for business (except in any event on Saturday or Sunday);

Banking Days means days other than Saturdays, Sundays and other legal holidays or days on which the principal office of the Bank is closed.

Banking Days means the days on which banks are open in London, Hong Kong, Tokyo, Singapore, Hamburg and New York;

Banking Days means day(s) on which banks are open for the transaction of business in London, England, New York, New York and Rotterdam, The Netherlands;

Banking Days means day(s) on which banks in London, England (in relation to LIBOR fixing only), New York, New York and Oslo, Norway are open for the transaction of business of the nature required by this Agreement in the place or places from time to time specified;