Business Day Payments. Whenever any of the terms and provisions of this Agreement or the other Loan Documents provides that any payment to be made shall be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest, if any, in connection with such payment.
Business Day Payments. Except as otherwise provided herein in the case of a Libor Advance, whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or fees, as the case may be.
Business Day Payments. If under this Agreement any payment or calculation is to be made or any other action is to be taken on a day which is not a Business Day, that payment or calculation is to be made, and that other action is to be taken, as applicable, on or as of the next day that is a Business Day
Business Day Payments. On each Business Day, unless the Termination Date shall have occurred, the Available Funds in the Collection Account shall be transferred by the Agent to the Purchasers ratably to reduce the Investments to the extent of the Principal Distribution Amount.
Business Day Payments. If the due date of any amount payable hereunder shall fall on a day, which shall not be a Business Day, the due date of such amount shall be postponed to the next Business Day thereafter.
Business Day Payments. If the date for payment of the principal of, premium, if any, or interest on this Bond shall be a day which is not a Business Day, then the date for such payment shall be the next succeeding day which is a Business Day, and payment on such later date shall have the same force and effect as if made on the nominal date of payment.
Business Day Payments. Whenever any payment is due on a day other --------------------- than a Business Day, such payment shall be made on the following Business Day, and such extension of time shall in such case be included in the computation of interest or fees, as the case may be.
Business Day Payments. 28 20.15 References ................................................ 28 20.16 Currency .................................................. 28 20.17 Schedules ................................................. 28 20.18
Business Day Payments. As used herein, (a) “Business Day” means any day other than Saturday, Sunday or other day on which the Federal Reserve Bank of New York is closed and (b) “Nonbusiness Day” means every day that is not a Business Day. The principal of, or accrued interest on, this Note shall be due and payable in lawful money of the United States of America, in New York, New York at the office of Lender, 000 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, in funds which are or will be available for immediate use by Lender at such office at or before 12:00 p.m., Eastern time (daylight or standard, as applicable) on the day payment hereof is due. In any case where a payment of principal or interest hereon is due on a Nonbusiness Day, Borrower shall be entitled to delay such payment until the next succeeding Business Day, but interest shall continue to accrue until the payment is, in fact, made.
Business Day Payments. As used herein, the expression (a) "Business Day" means every day on which Payee is open for business, and (b) "Nonbusiness Day" means every day which is not a Business Day. Payment of the principal of this note shall be due and payable in lawful money of the United States of America, in Xxxxxx County, Texas at the office of Payee set forth at the top of this Note at or before 3:00 p.m., Houston, Texas time on the day such payment is due. In any case where a payment of principal is due on a Nonbusiness Day, Maker shall be entitled to delay such payment until the next succeeding Business Day.