Domestic Business Day definition

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to close.

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in Georgia are authorized by law to close.

Examples of Domestic Business Day in a sentence

• Whenever any payment of principal of, or interest on, the Base Rate Loans or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day.

• Whenever any payment of principal of, or interest on, the Domestic Loans or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day.

• If any payment hereunder shall be due on a day that is not a Domestic Business Day or Euro-Dollar Business Day (as applicable), the date for payment shall be extended to the next succeeding Domestic or Euro-Dollar Business Day (as applicable) and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension.

• Such notice shall specify the date on which such payments are to be made, which shall be the first Domestic Business Day after such notice is given.

• Unless the Borrower notifies the Administrative Agent at least one Domestic Business Day before the date of any Euro-Dollar Borrowing for which a Notice of Borrowing has previously been given that it elects not to borrow on such date, such Borrowing shall instead be made as a Base Rate Borrowing.

More Definitions of Domestic Business Day

Domestic Business Day means any day except a Saturday, Sunday or other day on which national banks in Dallas, Texas, are authorized by Law to close.

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City or, with respect to any Letter of Credit issued or to be issued in the State of North Carolina, in the State of North Carolina are authorized by law to close.

Domestic Business Day means any day (other than a Saturday or Sunday) on which (a) commercial banks are open for the purpose of transacting business in Boston, Massachusetts and New York, New York and (b) the New York Stock Exchange is open.

Domestic Business Day any day (other than a Saturday, Sunday or legal holiday in the State of New York) on which banks are open for business in New York City.

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in Detroit, New York or Chicago are authorized or required by law to close.

Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to close; provided that, when used in Section 2.17 with respect to any action to be taken by or with respect to the LC Agent, the term "Domestic Business Day" shall not include any day on which commercial banks are authorized by law to close in the jurisdiction where the LC Office of the LC Agent is located.

Domestic Business Day means any day, except a Saturday, Sunday or other day on which commercial banks in New York City are authorized or obligated by law or regulation to close.