2412 Payment Due Date

Example Definitions of "2412 Payment Due Date"
2412 Payment Due Date. Means the Tuesday nearest the (a) 60th day from the date of (i) the TS, with respect to Financed Inventory, or (ii) the date of the advance of a loan under the Revolving Credit Facility, as applicable; or (b) 30th day from the date of the TS with respect to Non-Cisco Financed Inventory; however, if such 60th or 30th day, as applicable, occurs on any Wednesday through any Saturday, then such payment shall be due on the Tuesday immediately preceding such 60th or 30th day, as applicable, from the... date of such TS or date of the advance of a loan under the Revolving Credit Facility, unless such Tuesday is not a Business Day, then such payment shall be due on the immediately preceding Business Day. View More Arrow
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