Common use of Deferral of Appointed Times Clause in Contracts

Deferral of Appointed Times. If the date of payment of any payment of Principal and/or interest falls on a day which is not a Trading Day, the date stipulated shall be postponed to the next Trading Day after it without any additional payment and the “Record Date” for the purpose of determining entitlement to redemption and to interest shall not change as a result.

Appears in 4 contracts

Samples: Deed of Trust (Ellomay Capital Ltd.), Deed of Trust (Ellomay Capital Ltd.), Deed of Trust (Ellomay Capital Ltd.)

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