Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, on any day shall be deemed received on the next Business Day.
Appears in 35 contracts
Samples: Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Loan and Security Agreement (Borqs Technologies, Inc.), Loan and Security Agreement (Borqs Technologies, Inc.)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific TimeStandard Time or Pacific Daylight Time (as the case may be), on any day shall be deemed received on the next Business Day.
Appears in 3 contracts
Samples: Convertible Note Facility Agreement (CBD Energy LTD), Convertible Note Facility Agreement (CBD Energy LTD), Convertible Note Facility Agreement (CBD Energy LTD)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, on any day shall be deemed received on the next Business Day.. Partners for Growth Loan and Security Agreement
Appears in 1 contract
Samples: Loan and Security Agreement (Composite Technology Corp)