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 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 2 contracts
Sources: Loan Agreement (HireQuest, Inc.), Loan Agreement (Air T 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 Bank's ’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 2 contracts
Sources: Loan Agreement (Royalty Pharma PLC), 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 Bank's Lender’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 2 contracts
Sources: Loan Agreement (Stryve Foods, Inc.), Loan Agreement (Stryve Foods, 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 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.
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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 Bank's ’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.”
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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 BankLender'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 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
Sources: Demand Loan Agreement (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 Bank's bank’s lending office under the GKDML Credit Agreement is located, and, if such day relates to amounts bearing interest at a Reference Ratean offshore rate (if any), means any such day on which dealings in New York City. All payments and disbursements which would be due or which 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
Sources: 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 Bank's lending Lender’s chief executive 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 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.
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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 Bank's ’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.”
2.3 Paragraph 5.8 is amended in its entirety to read as follows:
Appears in 1 contract
Sources: Loan Agreement (R F Industries LTD)
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 Bank's Lender’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 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.
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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 Bank's ’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 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
Sources: 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 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
Sources: Loan Agreement (HF Foods Group Inc.)