Common use of Business Day Convention Clause in Contracts

Business Day Convention. If the date on which any payment is due to be made under this Agreement shall occur on a day on which is not a Business Day, such payment shall be made in accordance with the Business Day Convention as specified in the Notes or the Indenture.

Appears in 231 contracts

Samples: Funding Agreement, Funding Agreement (Principal Life Income Fundings Trust 2006-16), Funding Agreement (Principal Life Insurance Co)

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Business Day Convention. If the date on which any payment is due to be made under this Agreement shall occur on a day on which is not a Business Day, such payment shall be made in accordance with the Business Day Convention as specified in the Notes or the IndentureNotes.

Appears in 104 contracts

Samples: Funding Agreement (Principal Life Insurance Co), Funding Agreement (Principal Life Insurance Co), Funding Agreement (Principal Life Insurance Co)

Business Day Convention. If the date on In any case in which any payment is due to be made under this Agreement shall occur on a day on which Payment Date is not a Business Day, payment on the Notes shall not be made on such date but shall be made on the next Business Day with the same force and effect as if made on such Payment Date. No interest on such payment shall be made in accordance with accrue for the Business Day Convention as specified in period from and after such Payment Date to the Notes or the Indentureactual date of such payment.

Appears in 98 contracts

Samples: Exchange Administration Agreement, Stacr Debt Agreement, Multifamily SCR Debt Agreement

Business Day Convention. If the date on which Whenever any payment is due to be made under this Agreement hereunder shall occur be due on a day on which that is not a Business Day, such payment shall be made in accordance with on the next succeeding Business Day Convention as specified and such extension will be taken into account in calculating the Notes or the Indentureamount of interest payable under this Note.

Appears in 62 contracts

Samples: Subordinated Note (Prairie Operating Co.), Secured Promissory Note (HFactor, Inc.), Debt Consolidation Agreement (Hawkeye Systems, Inc.)

Business Day Convention. If the date on which any payment is due to be made under this Agreement shall occur (other than a payment of Rent) would otherwise be due on a day on which is not a Business Day, such payment it shall be made due on the next following Business Day, or, if that Business Day falls in accordance with the following month, in the following year, or after the Expiry Date, on the Business Day Convention as specified in the Notes or the Indentureimmediately before such date.

Appears in 4 contracts

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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Business Day Convention. If the date on which Whenever any payment is due to be made under this Agreement hereunder shall occur be due on a day on which that is not a Business Day, such payment shall be made in accordance with on the next succeeding Business Day Convention as specified in the Notes or the IndentureDay.

Appears in 3 contracts

Samples: Secured Promissory Note (Esports Entertainment Group, Inc.), Acquisition Agreement (Cannabis Global, Inc.), Acquisition Agreement (Kid Brands, Inc)

Business Day Convention. If the date on which Whenever any payment is due to be made under this Agreement hereunder shall occur be due on a day on which that is not a Business Day, such payment shall be made in accordance with on the last preceding Business Day Convention as specified and adjustment will be taken into account in calculating the Notes or the Indentureamount of interest, if any, payable under this Note.

Appears in 2 contracts

Samples: Promissory Note (Bellicum Pharmaceuticals, Inc), Promissory Note (Bellicum Pharmaceuticals, Inc)

Business Day Convention. If the date on which any payment is due to be made under this Agreement shall occur is due and payable on a day which is not a Business Day, or if any notice or report is required to be given on a day which is not a Business Day, such payment shall be made in accordance with due and payable or such notice or report shall be given on the next succeeding Business Day Convention as specified in the Notes or the IndentureDay.

Appears in 1 contract

Samples: Catastrophe Quota Share Reinsurance Agreement (Pxre Group LTD)

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