Examples of Calculation Business Day in a sentence
RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and (i) in New York City (in the case of payment of the US Dollar Equivalent) or (ii) in Paris (in the case of payment of the Euro Equivalent).
RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.
The Calculation Agent will cause the applicable Reset Dividend Rate determined by it to be notified to the Fiscal Agent and the Offshore Preference Shareholders as soon as possible after its determination but in no event later than thefourth Calculation Business Day after the relevant Reset Date.
Notwithstanding the foregoing or anything else contained in the Conditions, should the Issuer determine, in good faith and in a commercially reasonable manner, that in order to give effect to the methodology described in these Asset Terms and the Pricing Supplement Terms it is necessary to make calculations on a day that is not a Calculation Business Day then the Issuer shall be permitted to make such calculations on such calendar day as it shall see fit.
Interest Determination Date: In respect of USD-ICE-Swap Rate 2Y: in respect of the relevant Interest Period, the second Calculation Business Day prior to the first day of such relevant Interest Period, save where such rate is used for determining the Accrual Factor where in respect of the relevant Interest Period, the Interest Determination Date shall be the final day of the Interest Observation Period in respect of such relevant Interest Period.