Local Banking Day definition
Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Instrument or, as the case may be, Coupon.
Local Banking Day means (i) for any Currency, a day on which commercial banks effect deliveries of that Currency in accordance with the market practice of the relevant foreign exchange market, and (ii) for any Party, a day in the location of the applicable Designated Office of such Party on which commercial banks in that location are not authorized or required by law to close.
Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the city in which the Principal Paying Agent, the Paying Agent, or the Registrar or the Transfer Agent, to which the relevant Note is presented for payment is located;
Examples of Local Banking Day in a sentence
The Issuer shall before 10.00 a.m. (London time) on the second Local Banking Day prior to the day on which the Fiscal Agent receives payment, procure that the bank effecting payment for it confirms by email or authenticated SWIFT message to the Fiscal Agent the irrevocable payment instructions relating to such payment.
More Definitions of Local Banking Day
Local Banking Day means a day (other than a Saturday or a Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the city in which the Fiscal Agent has its Specified Office and in the city of Madrid;
Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond; and
Local Banking Day means a day (other than a Saturday or a Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the city in which the Fiscal Agent has its specified office;
Local Banking Day means a day (other than a Saturday and Sunday) on which commercial banks are open for business in the place of presentation of the relevant Instrument or, as the case may be, Coupon,
Local Banking Day means any day other than a legal holiday or a day on which banking institutions are permitted to be closed in the place of delivery of a notice.
Local Banking Day means a day (other than a Saturday and Sunday) on which commercial banks are open for business (including dealings in foreign
Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency