Bank Holiday definition

Bank Holiday means any day that is specified or proclaimed as a bank holiday, pursuant to section 1 of the Banking and Financial Dealings Act 1971;
Bank Holiday means any day other than a Saturday or Sunday on which banks in the City of London are not open for business;
Bank Holiday means a day that is, or is to be observed as, a Bank Holiday or a holiday under the Banking and Financial Dealings Act 1971;

Examples of Bank Holiday in a sentence

  • Subject to the provisions of Section 9 below, this Warrant may be exercised in whole or in part at any time or from time to time on or after the Issue Date and until the Expiration Date; provided, however, that if either of such days is a day on which banking institutions are authorized by law to close (a "Bank Holiday"), then on the next succeeding day which shall not be a Bank Holiday.

  • Subject to the provisions of Sections 5 and 8 below, this Warrant may be exercised in whole or in part at any time or from time to time on or after the Issue Date and until the Expiration Date; provided, however, that if either of such days is a day on which banking institutions are authorized by law to close (a "Bank Holiday"), then on the next succeeding day which shall not be a Bank Holiday.

  • If the Settlement Due Date falls on a Saturday, a Sunday or a Bank Holiday, it is agreed that the Settlement Due Date shall be changed to the first following working day.

  • If a payment due date falls on a Saturday, Sunday or Legal Bank Holiday, then payment shall be due on the following Business Day.

  • In the event a Scheduled Remittance is due on a Bank Holiday in which Purchaser’s ACH processor does not process payments, Purchaser shall schedule an additional ACH payment on the Business Day immediately preceding said Bank Holiday.


More Definitions of Bank Holiday

Bank Holiday means, any business day that deposit taking banks in the United States or Canada are not open for business;
Bank Holiday means a day on which the Bank conducts no business activities.
Bank Holiday means any day (other than a Saturday or Sunday) on which banks are authorized or required to close in the State of New York.
Bank Holiday means a bank holiday under the Banking and Financial Dealings Act 1971;
Bank Holiday means a public holiday in England;
Bank Holiday means a day which is a bank holiday under the Banking and Financial Dealings Act 1971(4) in England and Wales;
Bank Holiday means a day, which does not qualify as a Bank Business Day, on which the Bank does not carry on business.