Examples of Currency Business Day in a sentence
In this paragraph, "business day" means a day which is a Currency Business Day and, where presentation is required, a Banking Day in the relevant place of presentation.
The provisions of this Section C will apply to FX Transactions entered into with Morgan Stanley under the terms of this Agreement.C.1. Payments All payments to be made upon the maturity of a FX Transaction will be made on the maturity date of such contract or, if such date is not a Currency Business Day, on the next Currency Business Day (the “Currency Settlement Date”).
If any date that is scheduled to be the Redemption Date or other date on which any amount is payable in respect of each Preference Share is not a Currency Business Day, the Redemption Date or other date, as applicable, shall be the next following Currency Business Day.
The Issuer acting in respect of the Cell shall have the right exercisable on any Currency Business Day falling in the period commencing from, and including, the Issue Date to, and including, the date that is two Currency Business Days (or any other number of Currency Business Days specified for the purposes of this provision in the applicable Supplemental Memorandum) following the Issue Date to redeem all of the then outstanding Preference Shares by payment of the Call and Put Redemption Amount.
If for the purpose of obtaining judgment in any court or enforcing any such judgment it is necessary to convert any amount due in any Foreign Currency into any other currency, the rate of exchange used shall be the Agent's spot rate of exchange for the purchase of the Foreign Currency with such other currency at the close of business on the Foreign Currency Business Day preceding the date on which judgment is given or any order for payment is made.