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Bank Holiday definition

Bank Holiday means any day that is specified or proclaimed as a bank holiday, pursuant to section 1 of the Banking and Financial Dealings Act 1971;
Bank Holiday means any day other than a Saturday or Sunday on which banks in the City of London are not open for business;
Bank Holiday means a day that is, or is to be observed as, a Bank Holiday or a holiday under the Banking and Financial Dealings Act 1971;

Examples of Bank Holiday in a sentence

  • In the event a Scheduled Remittance is due on a Bank Holiday in which Purchaser’s ACH processor does not process payments, Purchaser shall schedule an additional ACH payment on the Business Day immediately preceding said Bank Holiday.

  • To compute a time period under this Lease when the period is stated in days or a longer unit of time: (i) exclude the day of the event that triggers the period; (ii) count every day, including intermediate Saturdays, Sundays, and Bank Holidays; and (iii) include the last day of the period, but if the last day is a Saturday, Sunday, or Bank Holiday, the period continues to run until the end of the next day that is not a Saturday, Sunday, or Bank Holiday.


More Definitions of Bank Holiday

Bank Holiday means, any business day that deposit taking banks in the United States or Canada are not open for business;
Bank Holiday means a day on which the Bank conducts no business activities.
Bank Holiday means any day (other than a Saturday or Sunday) on which banks are authorized or required to close in the State of New York.
Bank Holiday means a bank holiday under the Banking and Financial Dealings Act 1971;
Bank Holiday means a public holiday in England;
Bank Holiday means a day which is a bank holiday under the Banking and Financial Dealings Act 1971(4) in England and Wales;
Bank Holiday means a day, which does not qualify as a Bank Business Day, on which the Bank does not carry on business.