Preceding Business Day Convention definition

Preceding Business Day Convention means that the relevant date shall be brought forward to the first preceding day that is a Business Day;
Preceding Business Day Convention means that the date is brought forward to the first preceding day that is a Business Day; and
Preceding Business Day Convention has the meaning given to it in Condition 5.09 (Definitions);

Examples of Preceding Business Day Convention in a sentence

  • If "Preceding Business Day Convention" is specified, the date will be brought forward to the immediately preceding Business Day in the specified Business Day Jurisdictions.

  • Settlement: Cash Settlement Rate: Bitcoin Rate Valuation Date: (“Scheduled Valuation Date"), subject to adjustment in accordance with the Preceding Business Day Convention; and in the event of an Unscheduled Holiday, subject to adjustment in accordance with the Following Business Day Convention.


More Definitions of Preceding Business Day Convention

Preceding Business Day Convention means that the relevant date shall be brought forward to the immediately preceding Business Day; or
Preceding Business Day Convention means that, if any date subject to such convention would otherwise fall on a day which is not a Business Day, such date subject to such convention shall be brought forward to the immediately preceding Business Day.
Preceding Business Day Convention means that, if any Interest Payment Date would otherwise fall on a day which is not a Business Day, such Interest Payment Date shall be brought forward to the immediately preceding Business Day.
Preceding Business Day Convention means that the date is brought forward to the first preceding day that is a Business Day. Clearing System means: (a) the NZClear System; or (b) any other clearing system specified in any relevant STN Supplement. Denomination means the denomination of a NZ STN as recorded in the New Zealand Register. GAAP means the generally accepted accounting principles in Australia, as prescribed by the Australian Accounting Standards Board, or, as applicable, the generally accepted accounting principles in New Zealand, as issued by the External Reporting Board (New Zealand), required to be complied with in accordance with laws, as may be varied from time to time. Governmental Agency means any government or any governmental, semi-governmental, administrative, fiscal or judicial body, department, commission, authority, tribunal, agency or entity. It also includes a self-regulatory organisation established under statute or a stock exchange. Guarantee or Guarantee Deed Poll means the guarantee deed poll executed by Wesfarmers and certain subsidiaries of Wesfarmers dated 10 October 2007 as amended and supplemented by a supplemental deed dated 6 March 2008. Guarantor means each guarantor from time to time under the Guarantee Deed Poll. Holder means: (a) the holder of any NZ STN which is in definitive bearer form; or (b) a person whose name is for the time being entered in the New Zealand Register as the holder of an NZ STN or, where the NZ STN is held jointly by two or more persons, the persons whose names appear in the New Zealand Register as the joint holders of that NZ STN, and (for the avoidance of doubt) when the NZ STN is entered into a Clearing System, includes the operator of that system or a nominee for a common depository for any one or more Clearing Systems (such operator or nominee for a common depository acting in such capacity as is specified in the rules and regulations of the relevant Clearing System or Systems). Information Memorandum means at any time, the latest information memorandum (and any supplement to it) prepared on behalf of, and approved in writing by, amongst others, the Issuer in connection with the issue of the NZ STNs, all documents incorporated by reference in it, and such other information (including any relevant STN Supplement) approved in writing by the Issuer and Wesfarmers from time to time. Issue Date means, in respect of a NZ STN, the date specified in the relevant STN Supplement as the day on which such NZ STN is, or is to be, issued o...
Preceding Business Day Convention means that, if a relevant payment date that is not a Business Day, such date shall be brought forward to the first preceding day that is a Business Day.
Preceding Business Day Convention means that the date is brought forward to the first preceding day that is a Business Day; Calculation Agent means, in respect of a Tranche, the person (if any) specified as such in the relevant Pricing Supplement. The Calculation Agent must be the same for all TDs in a Series; Code means the United States of America Internal Revenue Code of 1986. Condition means the correspondingly numbered condition in these Terms and Conditions; Corporations Act means the Corporations Act 2001 of Australia; Costs includes costs, charges and expenses, including those incurred in connection with advisers; Day Count Fraction means, in respect of the calculation of an amount for any period of time (“Calculation Period”), the day count fraction specified in the Pricing Supplement and: (a) if “Actual/Actual (ICMA)” is so specified, means:
Preceding Business Day Convention means, if an interest payment date would otherwise fall on a day that is not a business day, then such interest payment date will be advanced to the immediately preceding day that is a business day. If the preceding business day convention is specified in the applicable supplement to be “adjusted,” then the related interest reset dates and interest periods also will be adjusted for non-business days; however, if the preceding business day convention is specified in the applicable supplement to be “unadjusted,” then the related interest reset dates and interest periods will not be adjusted for non-business days.