(1) An instrument is payable at a definite time if by its terms it is
payable
(a) on or before a stated date or at a fixed period after a
stated date; or
(b) at a fixed period after sight; or
(c) at a definite time subject to any acceleration; or
(d) at a definite time subject to extension at the option of the
holder, or to extension to a further definite time at the
option of the maker or acceptor or automatically upon or
after a specified act or event.
(2) An instrument which by its terms is otherwise payable only upon an
act or event uncertain as to time of occurrence is not payable at a
definite time even though the act or event has occurred.
Structure New York Laws
Part 1 - Short Title, Form and Interpretation
3-102 - Definitions and Index of Definitions.
3-103 - Limitations on Scope of Article.
3-104 - Form of Negotiable Instruments; "Draft"; "Check"; "Certificate of Deposit"; "Note".
3-105 - When Promise or Order Unconditional.
3-112 - Terms and Omissions Not Affecting Negotiability.
3-114 - Date, Antedating, Postdating.
3-115 - Incomplete Instruments.
3-116 - Instruments Payable to Two or More Persons.
3-117 - Instruments Payable With Words of Description.
3-118 - Ambiguous Terms and Rules of Construction.
3-119 - Other Writings Affecting Instrument.
3-120 - Instruments "Payable Through" Bank.