Define: TARGET Day
What does "TARGET Day" mean? The meaning differs based on the contract. We found 7 definitions across 7 companies in SEC filings.
Definition 1 (CISCO SYSTEMS, INC., seen in 2 filings)
TARGET Day means any day on which TARGET2 (or, if such payment system ceases to be operative, such other payment system, if any, determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro.
Source: CISCO SYSTEMS, INC. 10-Q
Definition 2 (Air Products & Chemicals, Inc., seen in 1 filing)
TARGET Day means any day on which T2 (or, if such payment system ceases to be operative, such other payment system, if any, determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro.
Source: Air Products & Chemicals, Inc. 10-Q
Definition 3 (FEDEX CORP, seen in 1 filing)
TARGET Day means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET2) payment system (or, if such payment system ceases to be operative, such other payment system (if any) reasonably determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro.
Source: FEDEX CORP 10-K
Definition 4 (AMAZON COM INC, seen in 1 filing)
TARGET Day means any day on which the TARGET is open for the settlement of payments in Euro.
Source: AMAZON COM INC 10-K
Definition 5 (AMERICAN TOWER CORP /MA/, seen in 1 filing)
TARGET Day means any day on which TARGET2 is open for business.
Source: AMERICAN TOWER CORP /MA/ 10-K
Definition 6 (CATERPILLAR INC, seen in 1 filing)
TARGET Day means any day on which T2 (or, if such payment system ceases to be operative, such other payment system, if any, determined by the Agent to be a suitable replacement) is open for the settlement of payments in Euro.
Source: CATERPILLAR INC 8-K
Definition 7 (CISCO SYSTEMS, INC., seen in 1 filing)
TARGET Day means any day on which T2 is open for the settlement of payments in Euro.
Source: CISCO SYSTEMS, INC. 8-K
Data extracted from 11 SEC EDGAR filings across 7 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.