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.

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

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

• If the Knock-In Value is less than the Knock-In Level on the Knock-In Determination Day .

• If the Knock-in Value is less than the Knock-in Level on the Knock-in Determination Day.

• On the Determination Day, index constituents are weighted according to their free-float market capitalization.

• The universe of potential Monthly Futures that may be selected by the Index Sponsor in respect of each Index and each Strategy Determination Day (as defined below) (in respect of such Index and such day, the Potential Eligible Futures) are listed in Appendix A and the Potential Eligible Futures which exist on the relevant Exchange on such Strategy Determination Day will be the eligible Monthly Futures for such Index for such day (in respect of such Index and such day, the Eligible Futures).

• If the Knock-In Value is less than the Knock-In Level on the Knock-In Determination Day.

More Definitions of Determination Day

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

Determination Day means that date which is (i) two (2) 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. 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.

Determination Day means a day (other than Saturdays and Sundays) on which commercial banks in New York City are open for business.