Common use of Business Days; Legal Holidays Clause in Contracts

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 8 contracts

Samples: Indenture (International Shipholding Corp), Indenture (Franks Nursery & Crafts Inc), Indenture (Mariner Post Acute Network Inc)

AutoNDA by SimpleDocs

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open (i) commercial banks in the State City of New YorkYork are authorized or required by law to close or (ii) the New York Stock Exchange is not open for trading. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 5 contracts

Samples: Indenture (Meritage Homes CORP), Indenture (Meritage Homes CORP), Indenture (Meritage Homes CORP)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 4 contracts

Samples: Indenture (Federal Mogul Corp), Indenture (CNH Global N V), Indenture (Healthsouth Corp)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or the Commonwealth of Massachusetts. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 3 contracts

Samples: Indenture (Lamar Media Corp/De), Indenture (Lamar Advertising Co/New), Indenture (Lamar Advertising Co/New)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open (i) commercial banks in the State City of New YorkYork or the place of payment are authorized or required by law to close or (ii) the New York Stock Exchange is not open for trading. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 2 contracts

Samples: Indenture (TRI Pointe Homes, Inc.), Indenture (TRI Pointe Homes, Inc.)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 2 contracts

Samples: Indenture (Muzak LLC), Indenture (Transportation Technologies Industries Inc)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or Atlanta, Georgia. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 2 contracts

Samples: Indenture (Superior Telecommunications Inc), Indenture (Essex Group Inc)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or Atlanta, Georgia. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Superior Essex Inc)

Business Days; Legal Holidays. A "Business Day" ” or “business day” is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open (i) commercial banks in the State City of New YorkYork are authorized or required by law to close or (ii) the New York Stock Exchange is not open for trading. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (General Cable Corp /De/)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New York____________. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Shore Bancshares Inc)

Business Days; Legal Holidays. A "" Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Pierce Leahy Corp)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is ------------ ------------- a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open commercial banks in The City of New York, the State of New YorkYork are authorized or required by law to close. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Crown Holdings Inc)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open commercial banks in The City of New York, the State of New YorkYork or the City of London, United Kingdom are authorized or required by law to close. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (James Hardie Industries PLC)

AutoNDA by SimpleDocs

Business Days; Legal Holidays. A "Business Day" or "business day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open (i) commercial banks in the State City of New YorkYork are authorized or required by law to close or (ii) the New York Stock Exchange is not open for trading. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Seneca Erie Gaming Corp)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or the Commonwealth of Massachusetts. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Lamar Advertising Co/New)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open commercial banks in The City of New York, the State of New YorkYork are authorized or required by law to close. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (James Hardie Industries PLC)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, Sunday or any day which shall be in the City of New York a federally-recognized legal holiday or a day on which banking institutions are not required authorized by law or other governmental action to be open in the State of New Yorkclose. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Note Purchase Agreement (Trilogy International Partners Inc.)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or Wilmington, Delaware. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Muzak Heart & Soul Foundation)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New YorkYork or the Commonwealth of Kentucky. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Dyax Corp)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-federally recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Moog Inc)

Business Days; Legal Holidays. A "Business Day" is a day that is not a Legal Holiday. A "Legal Holiday" is a Saturday, a Sunday, a federally-recognized holiday Sunday or a other day on which banking institutions are not required to be open commercial banks in the State The City of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.the

Appears in 1 contract

Samples: Indenture (Wesco International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!