New York Banking Day definition

New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.
New York Banking Day has the meaning specified in Section 1.16.
New York Banking Day has the meaning specified in Section 116.

Examples of New York Banking Day in a sentence

  • If any payment falls due on a Sunday or bank holiday Monday in New York, such payment shall be made on the first New York Banking Day following and if any payment falls due on a Saturday or any other bank holiday in New York such payment shall be made on the last preceding New York Banking Day.

  • Any such invoice shall be paid in full within one (1) New York Banking Day of presentation of such tax invoice or, if later, the date of payment for the Product, in each case without set-off, withholding, deduction or counterclaim, to the Seller’s bank account.


More Definitions of New York Banking Day

New York Banking Day means any day (other than a Saturday or Sunday) on which commercial banks are open for business in New York, New York.
New York Banking Day shall have the meaning set forth in Section 10.13.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed. The provisions of this Section 116 shall not be applicable with respect to any payment due on a Security which is payable in Dollars.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed. THIS GUARANTEE AGREEMENT is executed as of the day and year first above written. RENAISSANCERE HOLDINGS LTD., as Guarantor By: Name: Title: [ ], as Guarantee Trustee By: Name:
New York Banking Day means any day other than (a) a Saturday, (b) a Sunday, (c) a day on which banking institutions in the City of New York are required or permitted by law or executive order to close or (d) a day on which the FRBNY is closed.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or required by law or executive order to close. Except as permitted under Section 3.12(d), if any such tender or recovery is in a currency other than the Required Currency, the Trustee for the series may take such actions as it considers appropriate to exchange such currency for the Required Currency; provided, however, that the Trustee shall have no obligation to make any payment in any currency other than the currency tendered to or recovered by such Trustee. The costs and risks of any such exchange, including without limitation the risks of delay and exchange rate fluctuation, shall be borne by the Company, and the Company shall remain fully liable for any shortfall or delinquency in the full amount of the Required Currency then due and payable, and in no circumstances shall the Trustee be liable therefor. The Company hereby waives any defense of payment based upon any such tender or recovery which is not in the Required Currency, or which, when exchanged for the Required Currency by the Trustee, is less than the full amount of the Required Currency then due and payable.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close. This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.