Clearance System Business Day definition

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.
Clearance System Business Day means, in respect of a Clearance System, any day on which such Clearance System is (or but for the occurrence of a Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions;
Clearance System Business Day means, in respect of a Clearance System, any day on which such Clearance System is open for the acceptance and execution of settlement instructions;

Examples of Clearance System Business Day in a sentence

  • Component Clearance System Business Day in respect of any Component of an Index, any day on which the Component Clearance System is (or, but for the occurrence of an Index Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.


More Definitions of Clearance System Business Day

Clearance System Business Day means, in respect of any relevant clearing system, any day on which such relevant clearing system is open for the acceptance and execution of settlement instructions.
Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or
Clearance System Business Day means any day on which each of Euroclear or Clearstream, as the case may be, and the Share Clearance System is (or, but for the occurrence of a Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.
Clearance System Business Day means, with respect to the Clearance System, any day (other
Clearance System Business Day means, in respect of a Clearance System, any day on which such Clearance System is (or, but for the occurrence of an event which results in such Clearance System being unable to clear the transfer of a relevant security, would have been) open for the acceptance and execution of settlement instructions.
Clearance System Business Day means any day on which the relevant Clearance System is open for business.
Clearance System Business Day means a day on which the relevant Clearance System is open for the acceptance and execution of settlement instructions.