LIBOR Business Day definition

LIBOR Business Day. Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange.

LIBOR Business Day. Any day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions in the State of New York or in the city of London, England are required or authorized by law to be closed.

LIBOR Business Day has the meaning specified in Schedule A.

Examples of LIBOR Business Day in a sentence

• LIBOR Business Day: Any day on which banks in London, England and the City of New York are open and conducting transactions in foreign currency and exchange.

• Expand the availability of, on the second LIBOR Business Day prior to the first day of such Interest Accrual Period.

• The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be the LIBOR Business Day immediately before such Interest Payment Date.

• Each Request for Advance shall be signed by a Borrower Representative and shall specify: (1) the Advance Date which shall be a LIBOR Business Day and shall be at least three (3) LIBOR Business Days after the date of the Request for Advance; and (2) the principal amount of the Advance, which shall not exceed the Available Commitment as of the proposed Advance Date.

More Definitions of LIBOR Business Day

LIBOR Business Day means any Domestic Business Day on which commercial banks are open for international business (including dealings in dollar deposits) in London.

LIBOR Business Day means a Business Day on which banks in the City of London are generally open for interbank or foreign exchange transactions.

LIBOR Business Day if applicable, shall mean a day other than a Saturday or a Sunday on which banking institutions in both the City of London, England and in New York, New York are not required or authorized by law to be closed.

LIBOR Business Day means any day on which dealings are carried on in the London interbank market.

LIBOR Business Day means any day that is not a Saturday, Sunday or other day on which commercial banking institutions in New York, New York or Wilmington, Delaware are authorized or obligated by law or executive order to be closed. If such rate is superseded on Telerate Page 3750 by a corrected rate before 12:00 noon (London time) on the same LIBOR Determination Date, the corrected rate as so substituted will be the applicable LIBOR for that LIBOR Determination Date.

LIBOR Business Day has the meaning set forth in Section 2.10(b)(1).

LIBOR Business Day any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed.