Examples of Issuer Business Day in a sentence
Any such notice shall be deemed to have been given on the day when delivered or if delivered after 5.00 p.m. in the place of location of the Issuer on an Issuer Business Day, will be deemed effective on the next following Issuer Business Day.
If an Issuer Call Redemption Notice is delivered the last day on which the Issuer is required to accept a valid Subscription Order shall be the fifth Issuer Business Day preceding the related Redemption Day designated in such notice.
If any date referred to in the Conditions would otherwise fall on a day that is not an Issuer Business Day, then such date shall be postponed to the next day that is an Issuer Business Day.
AP may on any Issuer Business Day between 8.00 am and 6.30 pm give (or cause to be given on its behalf) to CSL a notice in the form prescribed from time to time by the Issuer for the purposes of this paragraph (a “Settlement Application”) for the issue by CSL of Short or Leveraged Commodity Securities.
In relation to any Redemption pursuant to this Condition 7, the Settlement Date shall be the second Issuer Business Day or, if later, the second Exchange Business Day following the applicable Redemption Notice Date, provided that if either such day is not both an Issuer Business Day and an Exchange Business Day, the Settlement Date shall be the immediately following day which is both an Issuer Business Day and an Exchange Business Day.
Any suspension will not affect any Redemption the Pricing Date for which had passed before the suspension commenced, but any Settlement Redemption Form lodged on an Issuer Business Day when the right to Redeem Micro and Commodity Securities of that class by Settlement Pricing is suspended will be invalid.
AP may on any Issuer Business Day between 8.00 am and 6.30 pm give (or cause to be given on its behalf) to CSL a notice in the form prescribed from time to time by the Issuer for the purposes of this paragraph (a “Settlement Application”) for the issue by CSL of Commodity Securities.
A Redemption Notice received by the Issuer after 2.00 p.m. (London time) on an Issuer Business Day shall be treated as lodged on the immediately following Issuer Business Day.
In any such notice the Trustee shall designate a period (the “ Breach Redemption Period”) commencing on any Issuer Business Day until the date one month from such Issuer Business Day (inclusive) during which each Security Holder will be entitled to redeem all (but not some only) of the Digital Securities held by it in the same manner as though there were no Authorised Participants under Condition 9.3 (Redemption by other Security Holders).
With respect to any act required of the Issuer, Business Day shall be construed to include a reference in the preceding sentence to the Cayman Islands and with respect to any act required of the Irish Paying Agent in Ireland (or any act to be performed through the Irish Paying Agent in Ireland), Business Day shall be construed to include a reference in the preceding sentence to Dublin, Ireland.