Extension of Payment Dates. Unless otherwise provided herein, whenever any payment to the Administrative Agent or the Lenders under this Agreement or any Note shall be due (other than by reason of acceleration) on a day that is not a Business Day, the date of payment thereof shall be extended to the next succeeding Business Day.
Appears in 3 contracts
Samples: Loan Agreement (Ecopetrol S.A.), Loan Agreement (Ecopetrol S.A.), Loan Agreement (Ecopetrol S.A.)
Extension of Payment Dates. Unless otherwise provided herein, whenever any If a payment to the Administrative Agent or the Lenders under this Agreement or any Note be made hereunder shall be fall due (other than by reason of acceleration) on a day that is not a Business Day, the date of for payment thereof shall be extended to the next succeeding Business DayDay without additional interest thereon.
Appears in 2 contracts
Samples: Commercial Loan Agreement (Beneficient Co Group, L.P.), Commercial Loan Agreement (GWG Holdings, Inc.)
Extension of Payment Dates. Unless otherwise provided herein, whenever any payment to the Administrative Agent or the Lenders Bank under this Agreement or any Note shall be due (other otherwise than by reason of acceleration) on a day that is not a Business Day, the date of payment thereof shall be extended to the next succeeding Business Day. If the date for any payment under this Agreement is extended, such payment shall bear interest for such extended time at the rate of interest applicable hereunder.
Appears in 2 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (Talbots Inc)
Extension of Payment Dates. Unless otherwise provided herein, whenever any payment pay- ment to the Administrative Agent or the Lenders under this Agreement or any Note shall be due (other otherwise than by reason of acceleration) on a day that is not a Business Day, the date of payment thereof shall be extended to the next succeeding Business Day; provided, however, that with re- spect to the payment of principal of, and interest on, the Loans on the Maturity Date, if such date is not a Business Day, the date of payment thereof shall be made on the next preceding Business Day.
Appears in 1 contract
Samples: Credit Agreement
Extension of Payment Dates. Unless otherwise provided herein, whenever any payment to the Administrative Agent or the Lenders under this Agreement or any Note shall be due (other than by reason of acceleration) on a day that is not a Business Day, the date of payment thereof shall be extended to the next succeeding Business Day.. β
Appears in 1 contract
Samples: Loan Agreement (Ecopetrol S.A.)
