Common use of Business Days Clause in Contracts

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 55 contracts

Samples: Indenture (Cleveland-Cliffs Inc.), Indenture (Cleveland-Cliffs Inc.), Indenture (Alcoa Corp)

AutoNDA by SimpleDocs

Business Days. If a payment date is on a date that is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on such payment for the intervening period. If a regular record date is on a day that is not a Business Day, the record date shall not be affected.

Appears in 31 contracts

Samples: Fifth Supplemental Indenture (Southwest Gas Corp), Fourth Supplemental Indenture (Southwest Gas Corp), Third Supplemental Indenture (Southwest Gas Corp)

Business Days. If a payment date is not a Business Day, payment shall may be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 25 contracts

Samples: Indenture (QVC Inc), Indenture (News Corp), Indenture (Match Group, Inc.)

Business Days. If a payment date (including, for the avoidance of doubt, the maturity date or any Redemption Date) is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 8 contracts

Samples: Indenture (Seadrill LTD), Indenture (Valaris LTD), Indenture (Energizer Holdings, Inc.)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business DayHoliday, and no interest shall accrue with respect to such payment for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 7 contracts

Samples: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc)

Business Days. If a scheduled payment date is not a Business DayDay at a place of payment, payment shall may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 5 contracts

Samples: Indenture Agreement (Summit Midstream Partners, LP), Indenture (Summit Midstream Partners, LP), Second Supplemental Indenture (Summit Midstream Partners, LP)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening periodperiod and no Default shall be deemed to occur due to such payment in accordance herewith. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 5 contracts

Samples: Indenture (Beacon Roofing Supply Inc), Indenture (Beacon Roofing Supply Inc), Indenture (Beacon Roofing Supply Inc)

Business Days. If a payment date is not a Business Day, payment shall may be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 4 contracts

Samples: Indenture (Interpool Inc), Indenture (Interpool Inc), Indenture (Interpool Inc)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date Regular Record Date is not a Business Day, the record date shall not be affected.

Appears in 4 contracts

Samples: Indenture (Gannett Co., Inc.), Indenture (Arconic Corp), Indenture (Arconic Rolled Products Corp)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 3 contracts

Samples: Indenture (Cai Wireless Systems Inc), Indenture (Unifi Communications Inc), Indenture (Cai Wireless Systems Inc)

Business Days. If a payment date (including an Interest Payment Date) is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 3 contracts

Samples: Indenture (CPG Newco LLC), Indenture (CPG Newco LLC), Indenture (CPG Newco LLC)

Business Days. If a any date on which payment date is scheduled to be made is not a Business Day, payment shall will be made on the next succeeding day that is a Business Day, and no additional interest shall will accrue for in respect of the intervening period. If a regular record date is not a Business Day, the record date shall not be affecteddelay.

Appears in 2 contracts

Samples: Bond Purchase Agreement (Sprint Nextel Corp), Bond Purchase Agreement (Starburst II, Inc.)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest or Deficiency Premiums shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 2 contracts

Samples: Indenture (Maxxam Inc), Indenture (Maxxam Inc)

Business Days. If a payment date, delivery date or date of performance is not a Business Day, payment shall such payment, delivery or performance may be made on the next succeeding day that is a Business DayDay and, and if applicable, no additional interest shall accrue for in respect of the intervening period. If a regular record date is not a time period to and including such next succeeding Business Day, the record date shall not be affected.

Appears in 2 contracts

Samples: Indenture (Exco Resources Inc), Indenture (Constellium N.V.)

AutoNDA by SimpleDocs

Business Days. If a the due date for any payment date in respect of any Notes is not a Business DayDay at the place at which such payment is due to be paid, then payment shall be made on the next succeeding day that is a Business Day, and no . No interest shall accrue on the amount so payable for the intervening periodperiod from such payment date to the date payment is made. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (GCP Applied Technologies Inc.)

Business Days. If a any payment date with respect to the Notes (including, for the avoidance of doubt, any interest payment date, the maturity date or any Redemption Date) is not a Business Day, the payment due on such day shall instead be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (Diamond Offshore Drilling, Inc.)

Business Days. If a payment date is on a date that is ------------- not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on such payment for the intervening period. If a regular record date is on a day that is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (21st Century Insurance Group)

Business Days. If a payment date is not a Business DayDay at a place of payment, payment shall may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (CST Brands, Inc.)

Business Days. If a payment date is not a Business DayDay at a particular place of payment, payment shall may be made at such place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (Power Ten)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business DayDay as if it were made on the date such payment was due, and no interest shall accrue for the intervening periodperiod and no Default shall be deemed to occur due to such payment in accordance herewith. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Samples: Indenture (Greif Inc)

Business Days. If any payment is due on a payment date day that is not a Business Day, payment shall be made on the next immediately succeeding day that is a Business Day, Day and no interest shall accrue for the intervening period. If as a regular record date is not a Business Day, the record date shall not be affectedresult of such delay.

Appears in 1 contract

Samples: Indenture (Iconix Brand Group, Inc.)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected[Balance of page intentionally left blank.]

Appears in 1 contract

Samples: Indenture (Cai Wireless Systems Inc)

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