London Business Day definition

London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.
London Business Day. Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.
London Business Day. Any day on which banks in the City of London are open and conducting transactions in United States dollars.

Examples of London Business Day in a sentence

  • The Calculation Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes are for the time being listed and notice thereof to be published in accordance with Condition 16 (Notices) as soon as possible after their determination but in no event later than the fourth London Business Day thereafter.


More Definitions of London Business Day

London Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for business in London.
London Business Day means any day other than a Saturday, Sunday or day on which banking institutions in London, England are authorized or obligated by law or government decree to be closed.
London Business Day means any day other than a Saturday, Sunday or any other day on which commercial banks in London, England are not open for business.
London Business Day means any day on which commercial banks are generally open for business in London.
London Business Day means any day on which dealings in the relevant index currency are transacted in the London interbank market.
London Business Day means any day other than a Saturday, Sunday or a day on which banking institutions are generally authorized or obligated by law or executive order to close in the City of London, England.
London Business Day means a day (other than a Saturday or Sunday or public holiday) on which commercial banks and foreign exchange markets settle payments in London.