Index Business Day definition

Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.
Index Business Day means a day on which the level of the Index is usually determined and published by the Index Sponsor.
Index Business Day means a day on which the Index Exchange is scheduled to open for trading for its regular trading sessions;

Examples of Index Business Day in a sentence

  • If the Determination Agent in its sole and absolute discretion determines that any Index Valuation Date is a Disrupted Day, then the Index Valuation Date shall be the first succeeding Index Business Day that the Determination Agent determines is not a Disrupted Day, unless the Determination Agent determines that each of the five Index Business Days immediately following the original date is a Disrupted Day.

  • If the Issuer determines, in its sole discretion, that on the Valuation Date a Market Disruption Event (as defined below) has occurred, then that Valuation Date shall be postponed until the first succeeding Index Business Day (as defined below) on which there is no Market Disruption Event, unless there is a Market Disruption Event on each of the five Index Business Days immediately following the original date that, but for the Market Disruption Event, would have been a Valuation Date.


More Definitions of Index Business Day

Index Business Day means a day on which the TARGET System is operating;
Index Business Day means any day on which the Primary Exchange and each Related Exchange are scheduled to be open for trading.
Index Business Day means a day, as determined by the calculation agent, on which the Index or any successor index is calculated and published and on which securities comprising more than 80% of the value of the Index on such day are capable of being traded on their relevant exchanges during the one-half hour before the determination of the closing value of the Index. All determinations made by the calculation agent will be at the sole discretion of the calculation agent and will be conclusive for all purposes and binding on the Company and the beneficial owners of the Notes, absent manifest error.
Index Business Day means a day on which the Chicago Board of Trade (“CBOT”) is open for business.
Index Business Day means a day on which the Index is calculated, as determined by the NYSE Euronext Holiday & Hours schedule, as published on http://www.nyse.com/about/newsevents/1176373643795.html or any successor website thereto.
Index Business Day means any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day on each Exchange and each Related Exchange, other than a day on which trading on any such Exchange or Related Exchange is scheduled to close prior to its regular weekday closing time.
Index Business Day means a day (other than a Saturday or 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 New York City.