Determination Day definition

Determination Day means the second Business Day (as defined in § 1 (6)) prior to the commencement of the relevant Variable Interest Period.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Determination Day has the meaning specified in the definition of “Term SOFR”.

Determination Day means the [first] [second] [insert other relevant number] [day] [Business Day] [(as defined in § 1 (7))] [prior to the [commencement] [end]] of the relevant [Floating] Interest Period. [if a definition is required, which differs from the general Business Day definition, insert: For the purposes of this paragraph (2) only, “Business Day” means a day (other than a Saturday or Sunday) on which [[TARGET] [the

Examples of Determination Day in a sentence

• For purposes of calculating the foregoing amounts on any Price Determination Day, any Paired Optional Redemptions or Paired Issuances scheduled to settle on such Price Determination Day shall be taken into account.

• The Administrative Agent shall post all of the information calculated and provided to it by the Trustee pursuant to this Section 8.1(b) on the MACROshares Website on each Price Determination Day, within thirty minutes of receipt thereof from the Trustee.

• The Administrative Agent shall post all of the information calculated and provided to it by the Trustee pursuant to this Section 8.1(b) on the MacroShares Website on each Price Determination Day, within thirty minutes of receipt thereof from the Trustee.

• If a net debit balance exists on the Determination Day, Customer will cause an amount equal to such net debit balance to be paid to Broker by the close of business on the Determination Day.

• If a net credit balance exists on the Determination Day, Broker will pay such credit balance to Customer by the close of business on the Determination Day.

More Definitions of Determination Day

Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

Determination Day means that date which is (i) two U.S. Government Securities Business Days prior to the first day of the Interest Period if such day is a U.S. Government Securities Business Day or (ii) if the first day of the Interest Period is not a U.S. Government Securities Business Day then two U.S. Government Securities Business Days prior to the U.S. Government Securities Business Day immediately preceding the commencement of the Interest Period.

Determination Day means the [first] [second] [insert other relevant number] [day] [Business Day] [(as defined in § 1 (6))] [prior to the [commencement] [end]] of the relevant [Floating] Interest Period. [if a definition is required, which differs from the general Business Day definition, insert: For the purposes of this paragraph (2) only, “Business Day” means a day (other than a Saturday or Sunday) on which [[TARGET] [the Trans-European Automated Real-time Gross Settlement Express Transfer System 2 (“TARGET”)] is open] [[and] commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in [London] [insert all relevant financial centres]].]

Determination Day means the second Business Day prior to the commencement of the relevant Interest Period;

Determination Day means the second Business Day prior to the commencement of the relevant Interest Period. For the purposes of this § 3 (1) only, "Business Day" means a calendar 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 Prague.

Determination Day means the calendar day immediately prior to the Closing Date.

Determination Day means the first day of a Costs Period.