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.
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 means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for business in London.

Examples of London Business Day in a sentence

  • For the purposes of this paragraph, the expression London Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for general business in London.

  • LIBOR will be determined on the basis of the offered rates for deposits in U.S. dollars having a maturity of three months commencing on the second London Business Day immediately following such Dividend Determination Date, as such rates appear on the Reuters Screen LIBO Page as of 11:00 A.M. London time, on such Dividend Determination Date.

  • For the purposes of this paragraph, the expression London Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for business in London.

  • For the purposes of this paragraph, the expression "London Business Day" means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for general business in London.

  • 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.


More Definitions of London Business Day

London Business Day. Any day on which banks in the City of London are open and conducting transactions in United States dollars.
London Business Day means, a day, other than a Saturday or Sunday, 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 any other day on which commercial banks in London, England are not open for business.
London Business Day means any day other than a Saturday, Sunday or a day on which banking institutions are generally authorized or obligated by law or executive order to close in the City of London, England.
London Business Day means any day on which commercial banks are generally open for business in London.
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 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.