Business days clause: Copy, customize, and use instantly
Introduction
A business days clause defines what constitutes a business day for the purposes of deadlines, notices, and obligations under a contract. It is essential for ensuring clarity in time-sensitive agreements and avoiding disputes regarding timelines. This clause typically specifies whether weekends, public holidays, or other non-working days are excluded from consideration.
Below are templates for business days clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Standard business days clause
This variation applies to general definitions of business days.
For the purposes of this Agreement, “Business Day” means any day other than a Saturday, Sunday, or a day recognized as a public holiday in [jurisdiction]. If any deadline under this Agreement falls on a day that is not a Business Day, such deadline shall be extended to the next Business Day.
Business days for notices clause
This variation applies to clauses where notices are affected by business days.
Any notice required under this Agreement shall be deemed received on the next Business Day if delivered after 5:00 p.m. [time zone] or on a day that is not a Business Day. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for payment clause
This variation applies to clauses specifying business days for payment deadlines.
Payments due under this Agreement shall be made on or before the due date, provided such date is a Business Day. If the due date falls on a day that is not a Business Day, payment shall be made on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for performance obligations clause
This variation applies to clauses where performance timelines are tied to business days.
Any obligations to perform under this Agreement shall be fulfilled within the specified time period, measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction]. If the final day for performance falls on a non-Business Day, the period shall be extended to the next Business Day.
Business days for delivery clause
This variation applies to delivery timelines in agreements.
Deliveries under this Agreement shall occur on Business Days only, unless otherwise agreed in writing. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for dispute resolution clause
This variation applies to timelines for dispute resolution processes.
Any timelines for dispute resolution under this Agreement shall be measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction]. If the deadline falls on a non-Business Day, it shall automatically extend to the next Business Day.
Business days for force majeure clause
This variation applies to force majeure events impacting obligations.
In the event of a force majeure occurrence, the affected party must provide written notice within [number] Business Days of the event. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for termination notice clause
This variation applies to termination notice periods.
Any notice of termination under this Agreement shall be effective upon receipt on a Business Day. If received on a day that is not a Business Day, it shall be deemed received on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for milestone deadlines clause
This variation applies to project milestone timelines.
All project milestones and deadlines specified under this Agreement shall be calculated in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for escrow release clause
This variation applies to the release of funds held in escrow.
Funds held in escrow under this Agreement shall be released within [number] Business Days of the agreed triggering event. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for regulatory compliance clause
This variation applies to regulatory reporting timelines.
All regulatory compliance obligations under this Agreement shall be fulfilled within the specified number of Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for contract review clause
This variation applies to timelines for reviewing agreements.
The review period for any amendments or documents submitted under this Agreement shall be measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for approval timelines clause
This variation applies to the approval of submissions or requests.
Any request for approval under this Agreement shall be granted or denied within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for audit response clause
This variation applies to responses to audit requests.
Any response to an audit request under this Agreement must be provided within [number] Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for stock transfer clause
This variation applies to the transfer of stocks or shares.
The transfer of stocks or shares under this Agreement shall be completed within [number] Business Days of the necessary documentation being submitted. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for warranty claims clause
This variation applies to the processing of warranty claims.
Warranty claims under this Agreement shall be acknowledged and processed within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for service level agreements clause
This variation applies to SLAs for response or resolution times.
Any service-related obligations under this Agreement, including response and resolution times, shall be measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for lease payment clause
This variation applies to the payment schedule for lease agreements.
Lease payments under this Agreement shall be made on or before the due date, provided it is a Business Day. If the due date falls on a non-Business Day, payment shall be due on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for indemnification claims clause
This variation applies to claims for indemnification.
Any claims for indemnification under this Agreement must be submitted within [number] Business Days of the event giving rise to the claim. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for intellectual property filings clause
This variation applies to filing deadlines for intellectual property rights.
All intellectual property filings under this Agreement shall be completed within the specified number of Business Days. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for loan disbursement clause
This variation applies to timelines for loan disbursements.
Loan disbursements under this Agreement shall be made within [number] Business Days following the satisfaction of all conditions precedent. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for non-compete obligations clause
This variation applies to timelines associated with non-compete terms.
Any notice or action related to the enforcement of non-compete obligations under this Agreement shall be executed within the specified number of Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for dividend payments clause
This variation applies to the payment of dividends.
Dividend payments under this Agreement shall be distributed on the specified payment date, provided it is a Business Day. If the payment date falls on a non-Business Day, dividends shall be distributed on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for contract renewal clause
This variation applies to renewal notices and timelines.
Renewal notices under this Agreement must be delivered no later than [number] Business Days before the expiration of the current term. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for confidentiality obligations clause
This variation applies to the timing of confidentiality breaches and responses.
Any breach of confidentiality obligations under this Agreement must be reported within [number] Business Days of discovery. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for contract termination clause
This variation applies to timelines for processing contract termination.
Notices of termination under this Agreement must be processed within [number] Business Days of receipt. If the notice is received on a non-Business Day, it shall be processed on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for penalty calculations clause
This variation applies to clauses involving the calculation of penalties.
Penalties arising under this Agreement shall be calculated based on Business Days only. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction]. Any delay penalties will be adjusted accordingly to exclude non-Business Days.
Business days for equity vesting clause
This variation applies to timelines for equity vesting schedules.
Equity vesting timelines under this Agreement shall be measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction]. If the vesting date falls on a non-Business Day, it shall be adjusted to the next Business Day.
Business days for refunds clause
This variation applies to timelines for processing refunds.
Refunds under this Agreement shall be processed within [number] Business Days of receiving a valid request. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction]. If the refund date falls on a non-Business Day, processing will occur on the next Business Day.
Business days for compliance reporting clause
This variation applies to compliance reporting timelines.
All compliance reports required under this Agreement shall be submitted within the specified number of Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for liquidated damages clause
This variation applies to the timeline for claiming liquidated damages.
Claims for liquidated damages under this Agreement must be submitted within [number] Business Days of the triggering event. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for early termination fees clause
This variation applies to calculating fees for early termination.
Early termination fees under this Agreement shall be calculated and payable within [number] Business Days of termination notice. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for data delivery clause
This variation applies to the delivery of data or digital assets.
All data or digital assets required under this Agreement shall be delivered within the specified number of Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for escrow disputes clause
This variation applies to dispute resolution timelines for escrow accounts.
Any disputes regarding escrow accounts under this Agreement must be resolved within [number] Business Days. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for intellectual property disputes clause
This variation applies to intellectual property-related timelines.
Notices and responses for intellectual property disputes under this Agreement must be delivered within [number] Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for renewal negotiations clause
This variation applies to timelines for negotiating contract renewals.
Renewal negotiations under this Agreement must be initiated no later than [number] Business Days prior to the expiration of the term. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for joint venture approvals clause
This variation applies to approvals for joint venture actions.
Any approvals required under this Agreement for joint venture actions shall be granted or denied within [number] Business Days of the request. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for purchase orders clause
This variation applies to timelines for processing purchase orders.
Purchase orders under this Agreement shall be processed within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for loan repayments clause
This variation applies to the schedule for loan repayment.
Loan repayments under this Agreement are due on specified payment dates, provided such dates are Business Days. If a repayment date falls on a non-Business Day, payment shall be due on the next Business Day. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for RFP submissions clause
This variation applies to timelines for responding to requests for proposals (RFPs).
Responses to RFPs under this Agreement must be submitted within [number] Business Days of issuance. “Business Day” means any day other than a Saturday, Sunday, or a recognized public holiday in [jurisdiction].
Business days for delivery acceptance clause
This variation applies to timelines for accepting delivered goods or services.
The receiving party must accept or reject delivered goods or services within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for default notices clause
This variation applies to issuing notices of default.
Notices of default under this Agreement must be delivered within [number] Business Days of the occurrence of the default. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for inspection periods clause
This variation applies to timelines for inspecting goods or property.
Inspection periods specified under this Agreement shall be measured in Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for subcontractor approvals clause
This variation applies to approving subcontractors.
Approvals for subcontractors under this Agreement must be granted or denied within [number] Business Days of the request. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for remedial actions clause
This variation applies to timelines for taking remedial actions.
Remedial actions required under this Agreement must be completed within [number] Business Days of notice. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for credit adjustments clause
This variation applies to the processing of credit adjustments.
Credit adjustments under this Agreement shall be processed within [number] Business Days of approval. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for penalty waivers clause
This variation applies to timelines for requesting penalty waivers.
Requests for penalty waivers under this Agreement must be submitted within [number] Business Days of the triggering event. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for property transfers clause
This variation applies to timelines for transferring property.
Property transfers under this Agreement shall be completed within [number] Business Days of the necessary documentation being provided. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for lien releases clause
This variation applies to the release of liens on property or assets.
Liens must be released within [number] Business Days of the fulfillment of obligations under this Agreement. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for fee adjustments clause
This variation applies to timelines for adjusting fees or charges.
Adjustments to fees or charges under this Agreement shall take effect within [number] Business Days of notification. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for performance reviews clause
This variation applies to timelines for conducting performance reviews.
Performance reviews required under this Agreement shall be completed within [number] Business Days of the review period's end. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for contractor payments clause
This variation applies to payment schedules for contractors.
Payments to contractors under this Agreement shall be made within [number] Business Days of receiving an approved invoice. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for loan approval clause
This variation applies to timelines for approving loan applications.
Loan applications submitted under this Agreement shall be approved or denied within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for inventory replenishment clause
This variation applies to the replenishment of inventory under contracts.
Inventory replenishments under this Agreement shall be completed within [number] Business Days of the order being placed. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for insurance claims clause
This variation applies to the processing of insurance claims.
Insurance claims submitted under this Agreement shall be processed within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for loan restructuring clause
This variation applies to restructuring loan agreements.
Requests for loan restructuring under this Agreement must be reviewed and addressed within [number] Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for trade settlement clause
This variation applies to the settlement of trade transactions.
All trade transactions under this Agreement shall be settled within [number] Business Days of execution. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for partnership approvals clause
This variation applies to approving partnership agreements.
Approvals for partnership agreements under this Agreement must be granted within [number] Business Days of submission. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for supply chain delivery clause
This variation applies to delivery timelines in supply chain contracts.
Deliveries within the supply chain under this Agreement must occur within [number] Business Days of the order confirmation. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for asset recovery clause
This variation applies to timelines for recovering assets.
Asset recovery processes under this Agreement must be initiated within [number] Business Days of the notice of default. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for vendor contract reviews clause
This variation applies to timelines for reviewing vendor contracts.
Vendor contracts submitted under this Agreement shall be reviewed and responded to within [number] Business Days. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for grant disbursements clause
This variation applies to the disbursement of grant funds.
Grant funds under this Agreement shall be disbursed within [number] Business Days of meeting all conditions precedent. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for penalty dispute resolution clause
This variation applies to resolving disputes over penalties.
Disputes regarding penalties under this Agreement must be resolved within [number] Business Days of initiation. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for project approval clause
This variation applies to timelines for project approvals.
All project approvals required under this Agreement shall be provided within [number] Business Days of the submission of necessary documentation. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for financial reconciliation clause
This variation applies to reconciling financial discrepancies.
Financial discrepancies under this Agreement must be reconciled within [number] Business Days of discovery. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for deferred payments clause
This variation applies to timelines for making deferred payments.
Deferred payments under this Agreement shall be made within [number] Business Days of the due date specified in the payment schedule. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for inventory audits clause
This variation applies to timelines for conducting inventory audits.
Inventory audits required under this Agreement shall be completed within [number] Business Days of the audit initiation date. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for dividend declaration clause
This variation applies to timelines for declaring dividends.
The declaration of dividends under this Agreement shall be completed within [number] Business Days of board approval. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for R&D funding clause
This variation applies to disbursing funds for research and development.
Funding for research and development under this Agreement shall be released within [number] Business Days of meeting all milestones. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for subcontractor performance review clause
This variation applies to evaluating subcontractor performance.
Subcontractor performance reviews required under this Agreement shall be conducted within [number] Business Days of the review period's conclusion. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for third-party approvals clause
This variation applies to obtaining approvals from third parties.
All third-party approvals required under this Agreement shall be secured within [number] Business Days of the request. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for purchase confirmation clause
This variation applies to timelines for confirming purchases.
Purchases made under this Agreement must be confirmed within [number] Business Days of the transaction. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for lease term negotiations clause
This variation applies to negotiating lease terms.
Lease term negotiations under this Agreement must be finalized within [number] Business Days of the start of discussions. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for employee onboarding clause
This variation applies to timelines for onboarding new employees.
Employee onboarding processes required under this Agreement shall be completed within [number] Business Days of the employee’s start date. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for non-payment notices clause
This variation applies to issuing notices of non-payment.
Notices of non-payment under this Agreement must be issued within [number] Business Days of the payment due date. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for export compliance clause
This variation applies to timelines for meeting export compliance requirements.
Export compliance documentation under this Agreement shall be completed within [number] Business Days of shipment. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for non-disclosure agreement review clause
This variation applies to timelines for reviewing NDAs.
Non-disclosure agreements submitted under this Agreement shall be reviewed and approved within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for bankruptcy filings clause
This variation applies to timelines for notifying bankruptcy filings.
Notifications of bankruptcy filings required under this Agreement shall be delivered within [number] Business Days of the filing date. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for regulatory inspection clause
This variation applies to responding to regulatory inspection requests.
Responses to regulatory inspection requests under this Agreement must be submitted within [number] Business Days of receipt. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for real estate closings clause
This variation applies to the timeline for closing real estate transactions.
Real estate closings under this Agreement shall be completed within [number] Business Days of the scheduled closing date. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for change order approvals clause
This variation applies to approving changes to project scope.
Change orders under this Agreement must be approved or rejected within [number] Business Days of submission. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for compliance breach rectification clause
This variation applies to timelines for rectifying compliance breaches.
Breaches of compliance under this Agreement must be rectified within [number] Business Days of notice. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for payment dispute resolutions clause
This variation applies to resolving disputes over payments.
Payment disputes under this Agreement must be resolved within [number] Business Days of initiation. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for project milestone reporting clause
This variation applies to timelines for reporting project progress.
Project milestone reports under this Agreement must be submitted within [number] Business Days of reaching the milestone. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
Business days for policy compliance review clause
This variation applies to timelines for reviewing compliance policies.
Compliance policies required under this Agreement shall be reviewed and updated within [number] Business Days of policy changes. “Business Day” means any day other than a Saturday, Sunday, or a public holiday in [jurisdiction].
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