Common use of Extension of Payment Dates Clause in Contracts

Extension of Payment Dates. Whenever any payment to the Lender under the Loan Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day. If the date any payment under the Loan Documents is due is extended (whether by operation of any Loan Document, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Lender -------------------------- Bank under the Borrower Loan Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day. If the date any payment under the Borrower Loan Documents is due is extended (whether by operation of any Borrower Loan Document, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Lender under this Agreement, the Revolving Note or the other Loan Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day, as the case may be. If the date any payment under the Loan Documents is due is extended (whether by operation of any the Loan DocumentDocuments, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Agent or any Lender under the Loan Credit Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day. If the date any payment under the Loan Credit Documents is due is extended (whether by operation of any Loan Credit Document, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Lender under the Loan Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, Day such payment shall instead be due on the next succeeding Business Day, as the case may be. If the date any payment under the Loan Documents is due is extended (whether by operation of any Loan Document, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Lender Lenders under the Loan Documents would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day. If the date any payment under the Loan Documents is due is extended (whether by operation of any Loan Document, Applicable Law or otherwise), such payment shall bear interest for such extended time at the rate of interest Interest Rate applicable hereunder.

Extension of Payment Dates. Whenever any payment to the Lender under the Loan Documents hereunder would otherwise be due (except by reason of acceleration) on a day that is not a Business Day, such payment shall instead be due on the next succeeding Business Day. If the date any payment under the Loan Documents is due is extended Day (whether by operation of any Loan Document, Applicable Law or otherwise), such payment and shall bear interest for such extended time at the applicable rate of interest applicable hereunderimmediately prior thereto).