Business Day/ business day definition

Business Day/ business day means a day other than a Sunday or a second and fourth Saturday in a month or a public holiday as declared by the Government of West Bengal.
Business Day/ business day means any day other than a Saturday, Sunday, or legal holiday (within the meaning of section 7503).§ 31.3406(h)–2 Special rules.(a) Joint accounts— (1) Relevant name and taxpayer identification numbercombination. For purposes ofidentifying the account subject towithholding under sections 3406(a)(1)(B) and (C), the relevant name and taxpayer identification numbercombination is that which is used for information reporting purposes.(2) Optional rule for accounts subject to backup withholding under section3406(a)(1) (B) or (C) where the names are switched . See § 31.3406(d)– 5(c)(4)(iii) under which a payor maywithhold under section 3406(a)(1)(B) as required even though the names ortaxpayer identification numbers on the account have been switched. The rules under § 31.3406(d)–5(c)(4)(iii) may be applied comparably by a payor who is required to withhold under section3406(a)(1)(C).(3) Joint foreign payees —(i) In general.If the first payee listed on an account or instrument provides the penalties ofperjury statement regarding its foreign status, withholding under section 3406 applies unless—(A) Every joint payee provides the statement regarding foreign status(pursuant to the relevant regulations issued under sections 6045 and 6049); or(B) Any one of the joint payees who has not established foreign statusprovides a taxpayer identification number to the payor in the manner required in § 31.3406(d)–1.(ii) Information reporting on anaccount including foreign payees. If any one of the joint payees who has notestablished foreign status provides a taxpayer identification number underparagraph (a)(3)(i)(B) of this section, that number is the taxpayer identificationnumber that is required to be furnishedfor purposes of information reporting and withholding under section 3406.(b) Backup withholding from analternative source —(1) In general. A payor may not withhold under section 3406 from a source maintained by thepayor other than the source with respect to which there exists a liability towithhold under section 3406 withrespect to the payee. See section 3403and § 31.3403–1, which provide that the payor is liable for the amount required to be withheld regardless of whether the payor withholds.(2) Exceptions for payments made inproperty—(i) Backup withholding from alternative source. In the case of apayment that is made in property (other than money), the payor must withhold under section 3406 31 percent of the fairmarket value of the property determined immediately before...
Business Day/ business day means any day (other than a Saturday, Sunday or a legal holiday) on which banks are open for general business in the United States of America.

Examples of Business Day/ business day in a sentence

  • Payment Dates1 January, 1 April, 1 July, 1 October each year until and including the Maturity Date If the Payment Date is not a Business Day, the payment falls due on the next following Business Day (business day convention: "Following Business Day")25.

  • Payment Dates1 January, 1 April, 1 July, 1 October each year until and including the Maturity Date If the Payment Date is not a Business Day, the payment falls due on the next following Business Day (business day convention: "Following Business Day")29.

  • If the Payment Date is not a Business Day, the payment falls due on the next following Business Day (business day convention: “Following business day”).

  • Payment Dates1 January, 1 April, 1 July, 1 October each year until the Maturity Date If the Payment Date is not a Business Day, the payment will fall due on the next following Business Day (business day convention: "Following Business Day")23.

  • Payment Dates1 January each year until the Maturity Date If the Payment Date is not a Business Day, the payment will fall due on the next following Business Day (business day convention: "Following Business Day")23.

  • If the Payment Date is not a Business Day, the payment will fall due on the next following Business Day (business day convention: "Following Business Day") 20.

  • If the Payment Date is not a Business Day, thepayment will fall due on the following Business Day (business day convention: “Following business day”) 20.

  • Payment Dates[[Dates] each year until the Maturity Date][If the Payment Date is not a Business Day, the payment will fall due on the next following Business Day (business day convention: "Following Business Day")] [●]20.

  • Payment Dates 1 January, 1 April, 1 July, 1 October each year until and including the Maturity Date If the Payment Date is not a Business Day, the payment falls due on the next following Business Day (business day convention: "Following Business Day") 25.

  • Payment Dates1 January, 1 April, 1 July, 1 October in each year until the Maturity Date If the Payment Date is not a Business Day, the payment falls due on the next following Business Day (business day convention: “Following business day”)25.


More Definitions of Business Day/ business day

Business Day/ business day means any day except Saturday, Sunday, or a “legal holiday” as defined in Federal Rule of Bankruptcy Procedure 9006(a).
Business Day/ business day means (i) with respect to any borrowing, payment or rate selection of Eurodollar Advances, a day (other than a Saturday or Sunday) on which banks generally are open in Chicago, Illinois, New York, New York and Tulsa, Oklahoma for the conduct of substantially all of their commercial lending activities, interbank wire transfers can be made on the Fedwire system and dealings in United States dollars are carried on in the London interbank market and (ii) for all other purposes, a day (other than a Saturday or Sunday) on which banks generally are open in Chicago, Illinois and Tulsa, Oklahoma for the conduct of substantially all of their commercial lending activities and interbank wire transfers can be made on the Fedwire system."
Business Day/ business day meansMonday through Friday, excluding federal legal holidays. To count business days after an event, count every day from the day after the event through the last day, but exclude Saturdays, Sundays, and federal legal holidays.
Business Day/ business day means the traditional work week of Monday through Friday, 8 a.m. to 5 p.m., excluding the covered provider’s company-defined holidays.

Related to Business Day/ business day

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • TARGET Business Day means a day on which the TARGET System is operating.