Transaction Day definition
Examples of Transaction Day in a sentence
For distillate fuel, the index will be for the last day prior to the RMR Transaction Day.
Note: If the last day of the month falls on a non-Banking Day, then the interest on the Current Account Balance for the non-Bank Days shall be accrued by the Bank depending on the Current Account Balance at the end of the last Transaction Day of the respective month (excluding the Balance interest paid on that day) and paid by the Bank on the last Banking Day of the respective month at the moment of closing such Banking Day in the Operating System.
At the inception of this Supplemental Agreement, there may not yet be a CFC charge per Transaction Day, but LESSOR reserves the right to institute a CFC at any time during the term of this Supplemental Agreement.
Similarly, coverage for the spot conversion by the Client must be available on the Transaction Day if the Client requests the Bank to transfer the amount converted by the Bank to another bank or its book transfer to an account held at the Bank.
In the event of a Direct Issuance the relevant Issuer shall send the Direct Investor a Direct Issuance Confirmation by fax and/or by email on a Transaction Day in connection with the Notes that it has sold to the Direct Investor on that day, for signing.