Eurodollar Business Day definition

Eurodollar Business Day means any Business Day on which dealings are also carried on in the London interbank market and banks are open for business in London.
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Eurodollar Business Day means any Business Day on which major commercial banks are open for international business (including dealings in Dollar deposits) in New York, New York and London, England.
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Eurodollar Business Day. A Business Day which is also a day for trading by and between banks in United States dollar deposits in the interbank Eurodollar market and a day on which banks are open for business in New York City.
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Examples of Eurodollar Business Day in a sentence

  • The Conversion Date selected by Borrower shall be a Eurodollar Business Day.

  • If any payment on a LIBOR Loan becomes due and payable on a day other than a Eurodollar Business Day, the maturity thereof shall be extended to the next succeeding Eurodollar Business Day (and interest shall continue to accrue thereon at the applicable rate) unless the result of such extension would be to extend such payment into another calendar month, in which event such payment shall be made on the immediately preceding Eurodollar Business Day.

  • The failure of the Borrower to make any such payment by such time shall not constitute a default hereunder, provided that such payment is made on such due date, but any such payment made after 3:00 P.M. on such due date shall be deemed to have been made on the next Domestic Business Day or Eurodollar Business Day, as the case may be, for the purpose of calculating interest on amounts outstanding on the Loans.

  • Any day on which banking institutions in Boston, Massachusetts, are open for the transaction of banking business and, in the case of Eurodollar Rate Loans, also a day which is a Eurodollar Business Day.

  • A Teacher at the Institute may work during the normal vacation periods of Spring, Mid-Summer and Christmas as set out in Section 4 of Manitoba Regulation 101/95, provided that the total number of days a Teacher works in a College year shall not be more than the number of days designated by the Minister as teaching days for the corresponding standard schoolyear.


More Definitions of Eurodollar Business Day

Eurodollar Business Day any day on which banks are open for dealings in Dollar deposits in the London interbank market.
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Eurodollar Business Day means any Business Day on which dealings in Dollar deposits are carried on in the London interbank market and on which commercial banks are open for domestic and international business (including dealings in Dollar deposits) in London, England.
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Eurodollar Business Day any Domestic Business Day, other than a Domestic Business Day on which banks are not open for dealings in Dollar deposits in the interbank eurodollar market.
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Eurodollar Business Day means any Domestic Business Day on which dealings in Dollars are carried on in the London interbank market.
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Eurodollar Business Day means any day other than a Saturday, Sunday or other day on which banks in the City of London, England are closed for interbank or foreign exchange transactions.
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Eurodollar Business Day means any Business Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.
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Eurodollar Business Day. A day of the year as defined in clause (i) of the definition of Business Day.
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