Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.
Appears in 18 contracts
Samples: Construction Loan Agreement, Loan Agreement (Colony Financial, Inc.), Loan Agreement (Acadia Realty Trust)
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.
Appears in 6 contracts
Samples: Credit Agreement (Mediacom Broadband Corp), Credit Agreement (Mediacom Broadband Corp), Credit Agreement (Mediacom Capital Corp)
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next immediately succeeding Business Day, Day and interest shall be payable for any principal amount so extended for the period of such extensionextension (except in the case of the Monthly Sleeve Fee).
Appears in 5 contracts
Samples: Credit Sleeve and Reimbursement Agreement (Reliant Energy Inc), Credit Sleeve and Reimbursement Agreement (Reliant Energy Inc), Credit Sleeve and Reimbursement Agreement (Reliant Energy Inc)
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall instead be extended to the next succeeding first Business DayDay thereafter, and interest shall be payable for any principal so extended for the period of such extension, unless such Business Day shall fall in a subsequent calendar month, in which case such payment shall be due on the immediately preceding Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Ormat Technologies, Inc.), Credit Agreement (Ormat Technologies, Inc.)
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extensionextension (provided, however, that interest attributable to such extension period shall not also be paid or payable during the immediately succeeding Interest Period).
Appears in 1 contract
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and and, solely with respect to the payment due on the Maturity Date, interest shall be payable for any principal so extended for the period of such extension.
Appears in 1 contract
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note the Notes would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.
Appears in 1 contract
Samples: Loan Agreement (Sr Telecom Inc)
Extensions to Next Business Day. If the due date of any payment ------------------------------- under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.
Appears in 1 contract
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day; provided, and interest however that if the Maturity Date falls on a day that is not a Business Day, the Maturity Date shall be payable for any principal so extended for the period of such extensionimmediately preceding Business Day.
Appears in 1 contract
Extensions to Next Business Day. If the due date of any payment ------------------------------- under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.
Appears in 1 contract
Samples: Loan Agreement (Center Trust Inc)
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day; provided, and interest however, that if the Maturity Date falls on a day that is not a Business Day, the Maturity Date shall be payable for any principal so extended for the period of such extensionimmediately preceding Business Day.
Appears in 1 contract
Extensions to Next Business Day. If the due date of any payment under this Agreement or any Note the Notes would otherwise fall on a day that is not a Business Day, such date shall be extended to the next succeeding Business Day, and interest shall be payable for any principal so extended for the period of such extension.. EDC Loan Agreement
Appears in 1 contract
Samples: Loan Agreement (Sr Telecom Inc)