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.
Appears in 4 contracts
Samples: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Postponement Agreement (Pope & Talbot Inc /De/)
Business Day Payments. Except as otherwise provided herein in the case of a U.S. Libor Advance or a Sterling 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.
Appears in 2 contracts
Samples: Credit Agreement (Sparkling Spring Water Group LTD), Credit Agreement (Crystal Springs of Seattle Inc)
Business Day Payments. Except as otherwise provided herein in the case of a Libor 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.
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