Common use of Banking Day Clause in Contracts

Banking Day. The term “Banking Day” means a day on which banks are not required or authorized by law to close in the city in which Administrative Agent’s principal office is situated.

Appears in 3 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

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Banking Day. The term "Banking Day" means a day on which banks are not required or authorized by law to close in the city in which Administrative Agent’s Lender's principal office is situated.

Appears in 3 contracts

Samples: Credit Agreement (Energy Network Inc), 364 Day Revolving Credit Agreement (Energy Network Inc), Revolving Credit Agreement (Tanger Factory Outlet Centers Inc)

Banking Day. The term “Banking Day” means a day on which banks are not required or authorized by law to close in the city in which Administrative Agent’s Lender's principal office is situated.

Appears in 1 contract

Samples: Demand Loan Agreement (Micro Component Technology Inc)

Banking Day. The term "Banking Day" means a day on which banks are ----------- not required or authorized by law to close in the city in which Administrative Agent’s Lender's principal office is situated.

Appears in 1 contract

Samples: Wpi Group Inc

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Banking Day. The term “Other than with reference to "London Banking Day" which is separately defined herein, the term "Banking Day" means a day on which banks are not required or authorized by law to close in Massachusetts or the city in which Administrative Agent’s principal office is situatedRepublic of Ireland.

Appears in 1 contract

Samples: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)

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