Common use of Following Business Day Convention Clause in Contracts

Following Business Day Convention. All payments hereunder shall be adjusted in accordance with the Following Business Day Convention’ so that if any payment hereunder becomes due on a day which is not a Business Day, the due date of such payment shall be extended to the next succeeding Business Day (subject to the definition of Consignment Period), and such extension of time shall be included in computing interest and fees in connection with such payment. *The next page is a signature page*

Appears in 2 contracts

Samples: Consignment Agreement, Consignment Agreement (Sensata Technologies Holland, B.V.)

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Following Business Day Convention. All payments hereunder shall be adjusted in accordance with the Following Business Day Convention’ so that if any payment hereunder becomes due on a day which is not a Business Day, the due date of such payment shall be extended to the next succeeding Business Day (subject to the definition of Consignment Period), and such extension of time shall be included in computing interest and fees in connection with such payment. *The next page is a signature page*

Appears in 2 contracts

Samples: Consignment Agreement, Consignment Agreement (Sensata Technologies Holland, B.V.)

Following Business Day Convention. All payments hereunder shall be adjusted in accordance with the `Following Business Day Convention' so that if any payment hereunder becomes due on a day which is not a Business Day, the due date of such payment shall be extended to the next succeeding Business Day (subject to the definition of Consignment Period), and such extension of time shall be included in computing interest and fees in connection with such payment. *The next page is a signature page*.

Appears in 1 contract

Samples: Consignment Agreement (Wolverine Tube Inc)

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Following Business Day Convention. All payments hereunder shall be adjusted in accordance with the Following Business Day Convention’ so that if any payment hereunder becomes due on a day which is not a Business Day, the due date of such payment shall be extended to the next succeeding Business Day (subject to the definition of Consignment Period), and such extension of time shall be included in computing interest and fees in connection with such payment. *The next page is a signature page*.

Appears in 1 contract

Samples: Consignment Agreement (Quality Gold Holdings, Inc.)

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