Common use of Next Business Day Clause in Contracts

Next Business Day. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, the payment may be made on the next succeeding Business Day (except as specified in clause (ii) of the definition of Interest Period) and such extension of time shall be included in the computation of the amount of interest due hereunder.

Appears in 9 contracts

Sources: Credit Agreement (Navan, Inc.), Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.)

Next Business Day. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, the payment may be made on the next succeeding Business Day (except as specified in clause (iii) of the definition of Interest Period) and such extension of time shall be included in the computation of the amount of interest due hereunder.

Appears in 1 contract

Sources: Credit Agreement (GAN LTD)