How is Next Business Day defined in a legal contract?
- Next Business Day means the subsequent day when the [organization] is operational.
Seen in 9 SEC filings. - Next Business Day means the [NBD], which refers to the weekdays from Monday through Friday, excluding [schedule] holidays. This term is typically in effect during [organization] operational hours.
Seen in 4 SEC filings. - Next Business Day means the immediate [Business Day] after a client identifies an issue and seeks [organization] for support.
Seen in 3 SEC filings. - Next Business Day means that a representative will arrive on-site within 24 hours of a request made, barring weekends or [organization] holidays. For calls made during standard business hours, a [Customer Engineer] will arrive at the site by 5:00 pm the next business day.
Seen in 3 SEC filings. - Next Business Day means the following day when a replacement unit is shipped or a service engineer is scheduled to arrive. This applies provided the remote diagnosis is concluded and the request for the unit is made before a specified time. If diagnosis takes place after a certain time, the unit will be dispatched the next business day to arrive the subsequent business day.
Seen in 2 SEC filings. - Next Business Day means the matching time on the upcoming Business Day to when a client logged the associated Incident Request, Change Request, or Service Request on the prior Business Day.
Seen in 1 SEC filing. - Next Business Day means the successive Business Day during standard operating hours.
Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of next business day’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Next Business Day means the immediate standard business day following the current one.
Relevant Contract Types
Relevant Circumstances
- When specifying payment deadlines
- In setting timelines for deliveries or completion of services
- When determining timelines for responses or actions, like dispute resolution
Relevant Sectors
Genie Definition 2
Next Business Day means arrival of support or services on the consecutive operational day following a client's request.
Relevant Contract Types
Relevant Circumstances
- In setting service deployment and maintenance schedules
- When determining support response time
- In outlining troubleshooting and repair timelines
Relevant Sectors
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Next Business Day means the immediate standard business day following the current one.
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