T2 definition

T2 means the real time gross settlement system operated by the Eurosystem, or any successor system.
T2 means the real time gross settlement system operated by the Eurosystem, or any successor system;
T2 means the Trans-European Automated Real-time Gross Settlement Express Transfer System or any successor or replacement for that system;

Examples of T2 in a sentence

  • As used herein, the term “business day” shall mean any day, other than (i) a Saturday or Sunday, (ii) a day on which banking institutions in New York, New York or London, England are authorized by law, regulation or executive order to close or (iii) a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer (T2) System, or any successor or replacement thereto, is not operating credit or transfer instructions in respect of payments in euro.

  • The interest rate on the Floating Rate Notes will be determined on the second T2 Business Day preceding the applicable Floating Rate Interest Reset Date (a “EURIBOR Interest Determination Date”).

  • The interest rate on the Securities will be determined on the second T2 Business Day preceding the applicable Interest Reset Date (a “EURIBOR Interest Determination Date”).


More Definitions of T2

T2 means the real time gross settlement system operated by the Eurosystem or any successor or replacement for that system.
T2 means the real time gross settlement system operated by the Eurosystem, or any successor system. “TARGET Day” means any day on which T2 is open for the settlement of payments in Euro.
T2. , ‘T5’, ‘T8’, ‘T9’ and ‘T12’ means a tubular light source with a diameter of approximately 7, 16, 26, 29 and 38 mm respectively, as defined in standards. The tube can be straight (linear) or bent (e.g. U-shaped, circular);
T2 means the Trans-European Automated Real-time Gross Settlement Express Transfer System or any successor or replacement thereto.
T2 means the real time gross settlement system operated by the Eurosystem, or any successor system; “Talon” means a talon for further Coupons;
T2 the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a single shared platform and which was launched on November 19, 2007.
T2 means the second business day following T;“T+3” means the third business day following T.