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

Sources: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping 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 3 contracts

Sources: 364 Day Revolving Credit Agreement (Energy Network Inc), 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 principal office is situatedState of Massachusetts.

Appears in 1 contract

Sources: Loan Agreement (Techprecision Corp)

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

Sources: Demand Loan Agreement (Micro Component Technology Inc)

Banking Day. The term "Banking Day” means " refers to any day, except a Saturday, Sunday or any other day on which commercial banks whether in Malabo, Equatorial Guinea, or in Houston (Texas) are not required authorised or authorized by law obliged to close in the city in which Administrative Agent’s principal office is situatedremain closed.

Appears in 1 contract

Sources: Production Sharing Contract (Kosmos Energy Ltd.)

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

Sources: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals 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

Sources: Term Note (Wpi Group Inc)

Banking Day. The term “For the purposes hereof, "Banking Day"' means a day of the year on which banks in ____________________ are not required or authorized authorized, by law applicable law, to close in the city in which Administrative Agent’s principal office is situatedclose.

Appears in 1 contract

Sources: Industrial Space Lease (Micropoint Inc)

Banking Day. The term "Banking Day" means a day in respect of any city, any date on which commercial banks are not required or authorized by law to close open for business in the city in which Administrative Agent’s principal office is situatedthat city.

Appears in 1 contract

Sources: Commercial Loan Agreement (Skillsoft Public Limited Co)