Business Day Adjustment. (a) When an Interest Payment Date is not a Business Day, then such Interest Payment Date shall be automatically changed to the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).
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Samples: Loan Agreement (Logistic Properties of the Americas), Loan Agreement (Logistic Properties of the Americas), Loan Agreement
Business Day Adjustment. (a) When an Interest Payment Date is not a Business Day, then such Interest Payment Date shall be automatically changed to the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not). (b) When the day on or by which a payment (other than a payment of principal or interest) is due to be made is not a Business Day, that payment shall be made on or by the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not). ARTICLE II The GTLP Facility Section 2.01.
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Samples: Loan Agreement Agreement
Business Day Adjustment. (a) When an Interest Payment Date is not a Business Day, then the interest payable or such Interest Payment Date shall be automatically changed to payable on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).. BACK
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