Not A Business Day Sample Clauses

Not A Business Day. Except for any notice or other communication deemed received under clause 25.1(b), if any notice or other communication is not received on a Business Day, or is not received before 10.00am on any Business Day, that notice or other communication will be deemed to have been duly received by the recipient at 9.00 am on the next Business Day.
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Not A Business Day. Whenever any payment pursuant to this Agreement shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such payment shall be made, such period of time shall begin or end, and such other actions shall be taken, as the case may be, on, or as of, or from a period ending on, the next succeeding Business Day.
Not A Business Day. In the event that any day on which any act is to be done, any step is to be taken or any event is to have occurred, is not a Business Day, then such act shall be done, or step shall be taken or event shall be deemed to have occurred on or before the requisite time (if any) on the next succeeding Business Day.
Not A Business Day. If any payment to be made hereunder becomes due and payable on a day other than a Business Day, the due date thereof shall be extended to the next succeeding Business Day and interest thereon shall be payable at the applicable Contract Rate during such extension.

Related to Not A Business Day

  • Business Day For purposes of these By-Laws, “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which banking institutions in the State of New York are authorized or obligated by law or executive order to close.

  • Next Business Day Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.

  • Non-Business Day If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

  • Local Business Day The definition of Local Business Day in Section 14 is hereby amended by the addition of the words “or any Credit Support Document” after “Section 2(a)(i)” and the addition of the words “or Credit Support Document” after “Confirmation”.

  • Day Unless otherwise stated, reference to the terms "day," "days," "month," or "months" mean calendar day, calendar days, calendar month, and calendar months, respectively.

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