TARGET2 Business Day definition

TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.
TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.
TARGET2 Business Day means, a day in which the TARGET2 System is open.

Examples of TARGET2 Business Day in a sentence

  • The second TARGET2 Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with Section 2.07(i)(J)(3), in which case it means the applicable Reset Date.

  • The second TARGET2 Business Day preceding the applicable Reset Date.

  • A notice delivered by the Calculation Agent to the Issuer and/or the Agent on or prior to 5.00 p.m., Luxembourg time on a TARGET2 Business Day will be effective on such TARGET2 Business Day.

  • If the notice is delivered by telephone, a written confirmation will be executed and delivered confirming the substance of such notice within one TARGET2 Business Day of such notice.

  • The second TARGET2 Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with Section 2.07(i)(I)(3), in which case it means the applicable Reset Date.


More Definitions of TARGET2 Business Day

TARGET2 Business Day means a day on which the TARGET2 System is open.
TARGET2 Business Day has the meaning given to it in Condition 5.09 (Definitions);
TARGET2 Business Day means a day on which TARGET2 is open.
TARGET2 Business Day means a day on which the Trans-European Automated Real- time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.
TARGET2 Business Day means, a day in which the TARGET2 System is open. Linear Interpolation
TARGET2 Business Day means a day on which the TARGET2 System is operating.
TARGET2 Business Day means a day on which the Trans-European Automated Real-Time Gross Settlement Transfer System (TARGET2) is operational.