Common use of Extension of Due Date Clause in Contracts

Extension of Due Date. Notwithstanding any other provision of this Note, if the payment of principal or interest to be made on this Note shall become due on a day other than a Business Day, such payment may be made on the next succeeding Business Day.

Appears in 2 contracts

Samples: Subordinated Secured Promissory Note, Subordinated Secured Promissory Note (First Advantage Corp)

AutoNDA by SimpleDocs

Extension of Due Date. Notwithstanding any other provision of this Note, if the payment of principal or interest to be made on this Note shall become due on a day other than a Business Day, such payment may be made on the next succeeding Business Day.. Table of Contents

Appears in 1 contract

Samples: Merger Agreement (Us Search Corp Com)

AutoNDA by SimpleDocs

Extension of Due Date. Notwithstanding any other provision of this Note, if If the payment of principal or interest to be made on this Note shall become due on a day other than a Business Day, such payment may be made on the next succeeding Business DayDay (unless the result of such extension of time would be to extend the date for such payment beyond the maturity date hereof, in which event the payment shall be made on the Business Day immediately preceding the day on which such payment would otherwise have been due).

Appears in 1 contract

Samples: Loan Agreement (ASTROTECH Corp \WA\)

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