Common use of Remittance Date Clause in Contracts

Remittance Date. the third Business Day prior to the end of each calendar month; provided, however, that if a Downgrade Event occurs, then each Business Day shall be a Remittance Date.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (NBCUniversal Media, LLC), Receivables Purchase Agreement (NBCUniversal Media, LLC)