Common use of Banking Days Clause in Contracts

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s lending office is located. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 2 contracts

Samples: Loan Agreement (Stryve Foods, Inc.), Loan Agreement (Stryve Foods, Inc.)

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Banking Days. Unless otherwise provided in this Agreement, a banking day “Banking Day” is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s lending office is located. All payments and disbursements which would be due or on a day which are is not a Banking Day will be due on the next Banking Day. All payments received on a day which is not a banking day Banking Day will be due or applied, as applicable, applied to the credit on the next banking dayBanking Day.

Appears in 1 contract

Samples: Agreement (Kirkland's, Inc)

Banking Days. Unless otherwise provided in this Agreement, a banking day "Banking Day" is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s 's lending office is located. All payments and disbursements which would be due or on a day which are is not a Banking Day will be due on the next Banking Day. All payments received on a day which is not a banking day Banking Day will be due or applied, as applicable, applied to the credit on the next banking dayBanking Day.

Appears in 1 contract

Samples: Heidrick & Struggles International Inc

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the LenderBank’s lending office is located. All payments and disbursements which would be due or which are received on , and, if such day relates to amounts bearing interest at a day which is not a banking day will be due or appliedReference Rate, as applicable, on the next banking dayin New York City.

Appears in 1 contract

Samples: Loan Agreement (HOOKER FURNISHINGS Corp)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the LenderBank’s lending office is located, and, if such day relates to amounts bearing interest at a Reference Rate, in New York City. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.. 4.6

Appears in 1 contract

Samples: Active 696074304v9 Loan Agreement (Lifevantage Corp)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the LenderBank’s lending office is located, and, if such day relates to amounts bearing interest at a Reference Rate, in New York City. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 1 contract

Samples: Loan Agreement (R F Industries LTD)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the LenderBank’s lending office is located. All payments and disbursements which that would be due or which are received on a day which that is not a banking day will be due or applied, as applicable, on the next banking day. All payments received on a day that is not a banking day will be applied to the Letter of Credit Facility on the next banking day.

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s Bank's lending office is located. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 1 contract

Samples: Loan Agreement (HF Foods Group Inc.)

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Banking Days. Unless otherwise othe1wise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the LenderBank’s lending office is located, and, if such day relates to amounts bearing interest at an offshore rate (if any), means any such day on which dealings in dollar deposits are conducted among banks in the offshore dollar interbank market. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 1 contract

Samples: Credit Agreement (Bowman Consulting Group Ltd.)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s lending chief executive office is located. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day or applied, as applicable, after noon (Los Angeles time) on any banking day will be applied to the credit on the next banking day.

Appears in 1 contract

Samples: Loan Agreement (Clean Energy Fuels Corp.)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in Texas, and, if such day relates to amounts bearing interest at an offshore rate (if any), means any such day on which dealings in dollar deposits are conducted among banks in the state where the Lender’s lending office is locatedoffshore dollar interbank market. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 1 contract

Samples: Loan Agreement (Lapolla Industries Inc)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lenderbank’s lending office under the GKDML Credit Agreement is located. All payments and disbursements , and, if such day relates to amounts bearing interest at an offshore rate (if any), means any such day on which would be due or which dealings in dollar deposits are received on a day which is not a banking day will be due or applied, as applicable, on conducted among banks in the next banking dayoffshore dollar interbank market.

Appears in 1 contract

Samples: Loan Agreement (Energy 11, L.P.)

Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday, Sunday or other day on which commercial banks are authorized to close, or are in fact closed, in the state where the Lender’s Bank's lending office is located, and, if such day relates to amounts bearing interest at a Reference Rate, in New York City. All payments and disbursements which would be due or which are received on a day which is not a banking day will be due or applied, as applicable, on the next banking day.

Appears in 1 contract

Samples: Loan Agreement (HireQuest, Inc.)

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