London Business Day definition

London Business Day. Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

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London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

London Business Day. Any day on which banks in the City of London are open and conducting transactions in United States dollars.

Examples of London Business Day in a sentence

• New issuances of ETP Securities will generally be settled on the second London Business Day following the date on which a valid subscription order is received by the Issuer, together with the applicable fee, provided that such order is received prior to 2.30 p.m. London time on such day.

• Business Day after the Optional Redemption Pricing Date in respect of any Redemption Order, which shall be postponed to the next London Business Day in case such day is not a London Business Day, the Issuer shall notify the relevant ETP Securityholder of the Optional Redemption Amount payable in respect of ETP Securities which are the subject of that Redemption Order, calculated as provided above.

• The Agent or the Calculation Agent, as applicable, will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes are for the time being listed and notice thereof to be published in accordance with Condition 13 as soon as possible after their determination but in no event later than the fourth London Business Day thereafter.

• The Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer, the Trustee and any stock exchange on which the relevant Floating Rate Notes are for the time being listed and notice thereof to be published in accordance with Condition 13 as soon as possible after their determination but in no event later than the fourth London Business Day thereafter.

• The Issuer, failing which any of the Guarantors, will cause the occurrence of an event giving rise to an Interest Rate Adjustment to be notified to the Trustee, the Principal Paying Agent and (in accordance with Condition 13) the Noteholders as soon as reasonably practicable after the occurrence of the Step Up Event or the Step Down Event (as the case may be) but in no event later than the tenth London Business Day thereafter.

More Definitions of London Business Day

London Business Day means a day (other than a Saturday or Sunday or public holiday) on which commercial banks and foreign exchange markets settle payments in London.

London Business Day means any day on which banks are open for business in London and on which dealings in deposits in U.S. dollars are transacted in the London interbank market.

London Business Day means any day other than a Saturday, Sunday or day on which banking institutions in London, England are authorized or obligated by law or government decree to be closed.

London Business Day means any day other than a Saturday, Sunday or any other day on which commercial banks in London, England are not open for business.

London Business Day means any day on which dealings in the relevant index currency are transacted in the London interbank market.

London Business Day. , means any day on which commercial banks are open for general business (including dealing in foreign exchange and foreign currency deposits) in London;

London Business Day means any day on which commercial banks are generally open for business in London.