Common use of ALTERNATE PAYMENT DATE Clause in Contracts

ALTERNATE PAYMENT DATE. Notwithstanding any other term of this note, if in any month there is no day on which a scheduled payment would otherwise be due (e.g. February 31), such payment shall be paid on the last banking day of that month.

Appears in 8 contracts

Samples: Credit Agreement (Lithia Motors Inc), Loan Agreement (Shoe Pavilion Inc), Loan Agreement (Lithia Motors Inc)

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ALTERNATE PAYMENT DATE. Notwithstanding any other term of this note, if in any month there is no day on which a scheduled payment would otherwise be due (e.g. February 31), ) such payment shall be paid on the last banking day of that month.

Appears in 1 contract

Samples: Business Loan Agreement (Applied Voice Technology Inc /Wa/)

ALTERNATE PAYMENT DATE. Notwithstanding any other term of this noteNote, if in any month there is no day on which a scheduled payment would otherwise be due (e.g. February 31), such payment shall be paid on the last banking day of that month.

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

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ALTERNATE PAYMENT DATE. Notwithstanding any other term of this note, if in any month there is no day on which a scheduled payment would otherwise be due (e.g. e.g February 31), such payment shall be paid on the last banking day of that month.

Appears in 1 contract

Samples: Loan Agreement (Labor Ready Inc)

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