Brazil Business Day definition

Brazil Business Day means a day (other than a Saturday and a Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Brazil;
Sample 1Sample 2Sample 3
Brazil Business Day means a day (other than a Saturday or Sunday) on which banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in any of Sao Paulo, Rio de Janeiro or Brasilia not otherwise declared as a financial market holiday by the Bolsa de Valores, Mercadorias & Futuros.
Sample 1Sample 2
Brazil Business Day means a day (a) which is not a Saturday, Sunday or a national holiday in the Federative Republic of Brazil and (b) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in São Paulo, Rio de Janeiro or Brasilia.
Sample 1Sample 2

Examples of Brazil Business Day in a sentence

  • Upon a Valid Survey Request (defined below), EMTA (or a service provider that EMTA may select in its sole discretion), shall, commencing on the next day that is a Brazil Business Day, conduct a survey of financial institutions for the purpose of determining the EMTA BRL Industry Survey Rate for that date.

  • Relevant Cities for Business Day for Payment Dates (including the Termination Date) be (i) a Brazil Business Day AND (ii) New York; provided however, that in the event of an Unscheduled Holiday following the Trade Date, then New York only.

  • Fixing Date is one Brazil Business Day immediately preceding Maturity Date.

  • Where: Brazil Business Day means a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in any one of São Paulo, Rio deJaneiro or Brasilia and is not otherwise declared a financial market holiday by BM&FBOVESPA (see anbima.com.br).

  • Unscheduled Holiday means, in respect of a BRL Valuation Date, any day that is not a Brazil Business Day and the market was not aware of such fact (by means of a public announcement or by reference to other publicly available information) until a time later than 9:00 a.m. local time in São Paulo two Brazil Business Days prior to the relevant BRL Valuation Date.

  • The Taskforce will report back on progress and make recommendations at the fall meeting.

  • Unscheduled Holiday means any day that is not a Brazil Business Day and the market was not aware of such fact (by means of a public announcement or by reference to other publicly available information) until a time later than 9:00 a.m. local time in São Paulo two Brazil Business Days prior to the relevant BRL Valuation Date.

  • Unscheduled Holiday means any day that is not a Brazil Business Day and the market was not aware of such fact (by means of a public announcement or by reference to other publicly available information) until a time later than 9:00 a.m. local time in São Paulo two Brazil Business Days prior to the relevant Rate Fixing Date.


More Definitions of Brazil Business Day

Brazil Business Day. A Business Day (as such term is defined in the Definitions) in Sao Paulo. Business Days Applicable to Payment Dates: New York. Unless otherwise specified herein (“Business Day”) shall mean New York only.
Sample 1
Brazil Business Day means a business day in any of São Paulo, Rio de Janeiro or Brasilia not otherwise declared as a financial market holiday by the BM&F (see www.andima.com.br).
Sample 1
Brazil Business Day means a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in any of São Paulo, Rio de Janeiro or Brasilia.
Sample 1
Brazil Business Day means a day in any of São Paulo, Rio de Janeiro or Brasilia not otherwise declared as a financial market holiday by the BM&F (see andima.com.br). “Business Day (as defined in the FX Definitions) for BRL Valuation Date(s)” means New York, London and Brazil Business Day. “Business Day (as defined in the 2006 Definitions) for Settlement Days” means New York, London and Brazil Business Day; provided that in the event of an Unscheduled Holiday following the Trade Date, then New York only. “Determination Agent” means The Toronto-Dominion Bank, Toronto. “Disruption Fallback” means sub-paragraphs (b) and (c) of the definition of “BRL Rate”, as appropriate. “Maximum Days of Postponement” means 30 calendar days. “Trade Date” means 9 August 2018. "Unscheduled Holiday" means that a day is not a Business Day and the market was not aware of such fact (by means of a public announcement or by reference to other publicly available information) until a time later than 9:00 a.m. local time in São Paolo two Business Days prior to the Scheduled Valuation Date. “Deferral Period for Unscheduled Holiday” means in the event the Scheduled Valuation Date becomes subject to adjustment, as described in paragraph (b) of “BRL Valuation Date” above, and if the BRL Valuation Date has not occurred on or before the 30th consecutive day after the Scheduled Valuation Date (any such period being a “Deferral Period”), then the next day after the Deferral Period that would have been a Business Day but for the Unscheduled Holiday shall be deemed to be the BRL Valuation Date. “Reference Currency” means Brazilian Real (BRL). “Valuation Business Day” means a day that is a Brazil Business Day and also a Business Day in New York City and London. “Valuation Postponement” means, for purposes of obtaining the BRL Rate, that the BRL/USD Spot Rate will be determined on the Business Day first succeeding
Sample 1

Related to Brazil Business Day

  • Local Business Day means, subject to the Schedule, a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) (a) in relation to any obligation under Section 2(a)(i), in the place(s) specified in the relevant Confirmation or, if not so specified, as otherwise agreed by the parties in writing or determined pursuant to provisions contained, or incorporated by reference, in this Agreement, (b) in relation to any other payment, in the place where the relevant account is located and, if different, in the principal financial centre, if any, of the currency of such payment, (c) in relation to any notice or other communication, including notice contemplated under Section 5(a)(i), in the city specified in the address for notice provided by the recipient and, in the case of a notice contemplated by Section 2(b), in the place where the relevant new account is to be located and (d) in relation to Section 5(a)(v)(2), in the relevant locations for performance with respect to such Specified Transaction.

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • General Business Day means a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits).

  • PRC Business Day means a day other than a Saturday, Sunday or a day on which banking institutions in the PRC are authorized or obligated by law, regulation or executive order to remain closed.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Fund Business Day means any day on which the NAV of Shares of each Fund is determined as stated in the then current Prospectus.

  • Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • Canadian Business Day means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario or in Mxxxxxxx, Xxxxxx, Xxxxxx or New York, New York.

  • Hong Kong Business Day means a day (other than a Saturday or Sunday) on which banks in Hong Kong are open for normal business, provided that where as a result of a number 8 typhoon signal, black rainstorm warning or other similar event, the period during which banks in Hong Kong are open on any day is reduced, such day shall not be a Hong Kong Business Day unless the Manager and the Depositary determine otherwise or such other day or days as the Manager and the Depositary may determine.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • Valuation Business Day means, with respect to each Reference Currency, any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city or jurisdiction indicated in the table below:

  • Exchange Business Day means any Scheduled Trading Day on which the Exchange and each Related Exchange are open for trading during their respective regular trading sessions, notwithstanding any such Exchange or Related Exchange closing prior to its Scheduled Closing Time.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.