TARGET Settlement Date definition

TARGET Settlement Date means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System is open.
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TARGET Settlement Date means any London Business Day on
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TARGET Settlement Date means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.
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Examples of TARGET Settlement Date in a sentence

  • The rates will be for loans in the Designated LIBOR Currency to leading European banks having the specified Index Maturity beginning on the second London Business Day after that date (or, if pounds sterling is the Designated LIBOR Currency, commencing on such date or, if Euro is the Designated LIBOR Currency, beginning on the second TARGET Settlement Date immediately after such date) and in a Representative Amount.

  • The offered rates must begin on the second London Business Day immediately after the Interest Determination Date (or if pounds sterling is the Designated LIBOR Currency, commencing on such Interest Determination Date or, if Euro is the Designated LIBOR Currency, beginning on the second TARGET Settlement Date immediately after such date).

  • A “Legal Holiday” is (a) a day that is not a TARGET Settlement Date and (b) a Saturday, a Sunday or other day on which commercial banking institutions are authorized or required to be closed in Bermuda, New York, New York or London, United Kingdom and, for any place of payment outside of Bermuda, New York, New York, or London, United Kingdom, in such place of payment.

  • Business Days: A TARGET Settlement Date and a day on which commercial banks and foreign exchange markets settle payments generally in London, England, Jersey, Channel Islands, Edinburgh, Scotland and New York, New York.

  • Subject to the terms of the Terms Document, after the Exchange Date, such exchange will be made upon presentation of this Class A(2002-11) Permanent Global Note by the bearer hereof on any TARGET Settlement Date at the principal office of the Paying Agent in London.


More Definitions of TARGET Settlement Date

TARGET Settlement Date means a day on which the TransEuropean Automated Real-Time Gross Settlement Express Transfer, or “TARGET,” System or any successor is operating.
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TARGET Settlement Date means any day on which TARGET 2 is open for the settlement of payments in Euro.
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TARGET Settlement Date means any London Business Day on which the Trans-European Automated Real-time Gross settlement Express Transfer system is open. "Telerate Page 248" means the display page currently so designated on the Moneyline Telerate Service (or such other page as may replace that page on that service for the purpose of displaying comparable rates or prices). "Telerate Page 3750" means the display page currently so designated on the Moneyline Telerate Service (or such other page as may replace that page on that service for the purpose of displaying comparable rates or prices). "United States" means the United States of America (including the States and the District of Columbia) and the possessions of the United States (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and Northern Mariana Islands).
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TARGET Settlement Date means any day on which TARGET is open.
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TARGET Settlement Date means any day on which TARGET 2 is open for the settlement of payments in euro.
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TARGET Settlement Date means any day on which TARGET is open for business.
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TARGET Settlement Date means any day on which the Trans-European Automated Real Time Gross Settlement Express Transfer (TARGET) System is open. “Principal Financial Center” means (1) the capital city of the country issuing the currency or composite currency in which the Notes are denominated or (2) solely with respect to the calculation of LIBOR, the capital city of the country to which the Index Currency relates, except, in the case of (1) or (2) above, that with respect to U.S. dollars, Australian dollars, Canadian dollars, South African rand, Swiss francs and Euro, the Principal Financial Center shall be The City of New York, Sydney and Melbourne, Toronto, Johannesburg, Zurich and London, respectively.
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