TARGET2 Business Day definition

TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.
TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.
TARGET2 Business Day means, a day in which the TARGET2 System is open.

Examples of TARGET2 Business Day in a sentence

  • Non-availability of €STR If, in respect of any TARGET2 Business Day, the Calculation Agent determines that the €STR Reference Rate does not appear on the Reference Rate Screen Page and has not otherwise been published by the relevant authorised distributors in respect of a TARGET2 Business Day as specified above, the €STR Reference Rate shall be the €STR for the first preceding TARGET2 Business Day on which the €STR was published on the Reference Rate Screen Page.


More Definitions of TARGET2 Business Day

TARGET2 Business Day means a day on which the TARGET2 System is open.
TARGET2 Business Day has the meaning given to it in Condition 5.09 (Definitions);
TARGET2 Business Day means a day on which TARGET2 is open.
TARGET2 Business Day means a day on which the Trans-European Automated Real- time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.
TARGET2 Business Day means a day on which the TARGET2 System is operating.
TARGET2 Business Day means a day on which the Trans-European Automated Real-Time Gross Settlement Transfer System (TARGET2) is operational.
TARGET2 Business Day means a day on which the Trans-European Automated Real- Time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on November 19, 2007 (“TARGET2”) or its successor is operating.