New York Banking Day definition

New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.
New York Banking Day means any day except a Saturday, Sunday or a legal holiday in the City of New York or a day on which banking institutions in the City of New York are authorized or required by law or executive order to close.

Examples of New York Banking Day in a sentence

  • Provided that if transmitted by facsimile or electronic data transmission and it is received after close of business on a New York Banking Day, it shall be deemed to have been received on the following New York Banking Day.

  • If a Payment Due Date falls on a Saturday or a day that is neither a New York Banking Day nor a Monday, payment shall be made on the preceding New York Banking Day.

  • If a Payment Due Date falls on a Sunday or Monday that is not a New York Banking Day, payment shall be made on the following New York Banking Day.

  • For the purposes of these Conditions, "London Banking Day" means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London and "Amsterdam Banking Day" and "New York Banking Day" have the same meanings mutatis mutandis.

  • If the payment due date falls on a Sunday, or on a Monday that is not a New York Banking Day in the place where payment is to be made, payment shall be made in immediately available funds to Seller on the next New York Banking Day after such payment due date.


More Definitions of New York Banking Day

New York Banking Day has the meaning specified in Section 1.16.
New York Banking Day has the meaning specified in Section 116.
New York Banking Day shall have the meaning set forth in Section 10.13.
New York Banking Day has the meaning specified in Section 1.15.
New York Banking Day means any day other than (a) a Saturday, (b) a Sunday, (c) a day on which banking institutions in the City of New York are required or permitted by law or executive order to close or (d) a day on which the FRBNY is closed.
New York Banking Day as defined herein shall mean a day in which commercial banks in New York, New York are open for business.
New York Banking Day means a day of the work week other than a holiday observed by the FRBNY.