Common use of Terms and Usage Clause in Contracts

Terms and Usage. As used in the Loan Documents "BUSINESS DAY" means any day, other than a Saturday or a Sunday, when banks in Chicago, Illinois are not required or authorized to be closed.

Appears in 5 contracts

Samples: Loan Agreement (Alterra Healthcare Corp), Loan Agreement (Assisted Living Concepts Inc), Construction Loan Agreement (United Homes Inc)

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Terms and Usage. As used in the Loan Documents "BUSINESS DAY" means ----------------- any day, other than a Saturday or a Sunday, when banks in Chicago, Illinois are not required or authorized to be closed. 8.11.

Appears in 3 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

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