Extension of Maturity. Except as otherwise specifically provided in Article 7, should any payment of principal of or interest on the Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.
Appears in 9 contracts
Samples: Credit Agreement (PHH Corp), Competitive Advance and Revolving Credit Agreement (PHH Corp), 364 Day Competitive Advance and Revolving Credit Agreement (Cendant Corp)
Extension of Maturity. Except as otherwise specifically provided in Article 78 hereof, should any payment of principal of or interest on the Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.
Appears in 7 contracts
Samples: Five Year Competitive Advance and Revolving Credit Agreement (Cendant Corp), 364 Day Competitive Advance and Revolving Credit Agreement (Cendant Corp), 364 Day Competitive Advance and Revolving Credit Agreement (Cendant Corp)
Extension of Maturity. Except as otherwise specifically provided in Article 7Section 1 or 8 hereof, should any payment of principal of or interest on the Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.
Appears in 4 contracts
Samples: Five Year Competitive Advance and Revolving Credit Agreement (Cendant Corp), Term Loan Agreement (Cendant Corp), Senior Asset Linked Revolving Credit Agreement (Cendant Corp)
Extension of Maturity. Except as otherwise specifically provided in Article 78 hereof, should any payment of principal of or interest on the Term Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.
Appears in 3 contracts
Samples: Term Loan Agreement (Cendant Corp), Term Loan Agreement (Cendant Corp), Term Loan Agreement (Cendant Corp)
Extension of Maturity. Except as otherwise specifically provided in Article 71 or 8 hereof, should any payment of principal of or interest on the Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.
Appears in 2 contracts
Samples: Three Year Competitive Advance and Revolving Credit Agreement (Cendant Corp), Credit Agreement (Cendant Corp)
Extension of Maturity. Except as otherwise specifically provided in Article 7, should Should any payment of principal of or interest on the Notes Note or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified in the Notes during such extension.
Appears in 1 contract
