Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, on any day shall be deemed received on the next Business Day.
Appears in 37 contracts
Sources: Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Loan and Security Agreement (Borqs Technologies, Inc.)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific TimeStandard Time or Pacific Daylight Time (as the case may be), on any day shall be deemed received on the next Business Day.
Appears in 3 contracts
Sources: Facility Agreement (CBD Energy LTD), Facility Agreement (CBD Energy LTD), Facility Agreement (CBD Energy LTD)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, Noon on any day shall be deemed received on the next Business Day.
Appears in 1 contract