Common use of Due Dates Not on Business Days Clause in Contracts

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day.

Appears in 13 contracts

Samples: Loan Agreement (Female Health Co), Loan Agreement (Female Health Co), Credit Facilities Agreement (Pomeroy It Solutions Inc)

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Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date payment shall be deemed automatically extended to due on the next Business Day, the amount of such payment, in such case, to include all interest accrued to the date of actual payment.

Appears in 6 contracts

Samples: Loan Agreement (Female Health Co), Loan Agreement (Female Health Co), Loan Agreement (Female Health Co)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to be the next following Business Day.

Appears in 5 contracts

Samples: And Security Agreement (Arcadia Resources, Inc), Term Loan Agreement (Transgenomic Inc), Revolving Line of Credit Agreement (Aduddell Industries Inc)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day; provided, however, that if the next Business Day would be in the next calendar month, such payment shall instead be due on the immediately preceding Business Day.

Appears in 4 contracts

Samples: Loan Agreement (Intrav Inc), Loan Agreement (Labarge Inc), Loan Agreement (Insituform Technologies Inc)

Due Dates Not on Business Days. If Subject to Section 4.7(ii), if any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business DayDay (including any interest accruing during any such extension period).

Appears in 4 contracts

Samples: Loan Agreement (Layne Christensen Co), Loan Agreement (Angelica Corp /New/), Loan Agreement (Layne Christensen Co)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to be the next immediately preceding Business Day.

Appears in 3 contracts

Samples: Credit Agreement (Insight Enterprises Inc), Credit Agreement (Insight Enterprises Inc), Credit Agreement (Insight Enterprises Inc)

Due Dates Not on Business Days. If Notwithstanding anything herein to the contrary, if any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to be the next Business Day.

Appears in 3 contracts

Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day, and, in the case of principal, additional interest shall accrue and be payable for the period of any such extension.

Appears in 2 contracts

Samples: Loan Agreement (Talx Corp), Loan Agreement (Talx Corp)

Due Dates Not on Business Days. If Except as specified in Section 3.4(ii), if any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day.

Appears in 1 contract

Samples: Credit Agreement (Osullivan Industries Holdings Inc)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day.. 1336346.6

Appears in 1 contract

Samples: Assignment and Assumption (Young Innovations Inc)

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Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to be the next following Business DayDay and interest thereon shall be payable at the then applicable rate during such period.

Appears in 1 contract

Samples: Credit and Security Agreement (NovaRay Medical, Inc.)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day. Provided, however, with respect to Loans denominated in Alternative Currency, if the next Business Day would be in the following calendar month, such payment shall become due on the first preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Young Innovations Inc)

Due Dates Not on Business Days. If any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to due the next preceding Business Day.

Appears in 1 contract

Samples: Credit Facilities Agreement (MTM Technologies, Inc.)

Due Dates Not on Business Days. If any payment required hereunder ------------------------------- becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business Day.

Appears in 1 contract

Samples: Loan Agreement (Female Health Co)

Due Dates Not on Business Days. If Subject to Section 4.7.2, if any payment required hereunder becomes due on a date that is not a Business Day, then such due date shall be deemed automatically extended to the next Business DayDay (including any interest accruing during any such extension period).

Appears in 1 contract

Samples: Loan Agreement (Angelica Corp /New/)

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