Valuation Business Day definition

Valuation Business Day means, with respect to each Reference Currency, any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city or jurisdiction indicated in the table below:

Valuation Business Day means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in New York.

Valuation Business Day means a day other than a Saturday or a Sunday on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in Bogotá and New York.

Examples of Valuation Business Day in a sentence

• If the Calculation Agent is able to obtain two or more Full Quotations or a Weighted Average Quotation on the same Valuation Business Day on or prior to the fifteenth Valuation Business Day following the relevant Valuation Date, the Calculation Agent shall use such Full Quotations or Weighted Average Quotation to determine the Final Price.

• All references to “Business Day” shall be deemed to be to either “Payment Business Day” or “Valuation Business Day”, as the context so requires, provided that, where the Trading Standards specify a definition of Business Day, any locations therein not included in the definition of Valuation Business Day shall be added to the definition of Valuation Business Day as additional locations and the definition of Payment Business Day shall not be affected.

• All references to “Business Day” shall be deemed to be to either “Payment Business Day” or “Valuation Business Day”, as the context so requires, provided that, where the Trading Standard specifies a definition of Business Day, any locations therein not included in the definition of Valuation Business Day shall be added to the definition of Valuation Business Day as additional locations and the definition of Payment Business Day shall not be affected.

• Business Day shall be deemed to be a reference to a Payment Business Day or Valuation Business Day as the context so requires.

• All references to "Business Day" shall be deemed to be to either "Payment Business Day" or "Valuation Business Day", as the context so requires, provided that, where the Trading Standard specifies a definition of Business Day, any locations therein not included in the definition of Valuation Business Day shall be added to the definition of Valuation Business Day as additional locations and the definition of Payment Business Day shall not be affected.

More Definitions of Valuation Business Day

Valuation Business Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre of the currency in which the relevant Reference Obligation is denominated, provided that if the currency of the relevant Reference Obligation is euro, it shall be any TARGET Settlement Day.

Valuation Business Day means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by

Valuation Business Day means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city indicated in the Settlement Rate Option.

Valuation Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in London and New York and any additional location that is specified in the applicable Standard and a TARGET2 Settlement Day.

Valuation Business Day means a day on which banks and foreign exchange markets are open for business, including settling payments in London, New York and TARGET.

Valuation Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in such Valuation Business Centres as are specified in the applicable Pricing Supplement.

Valuation Business Day means a day, as determined in good faith by the Calculation Agent, on which (a) the Relevant Exchange for each Component Commodity and the Index Fund or (b) each organized exchange or market of trading for any Index Contract, are scheduled to be (or, but for the occurrence of a Disruption Event, would be) open for trading during their respective regular trading sessions (notwithstanding the Relevant Exchange or organized exchange or market, as applicable, closing prior to its scheduled closing time).