General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.05. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 9 contracts
Samples: Revolving Credit Agreement (Laclede Gas Co), Revolving Credit Agreement (Laclede Gas Co), Revolving Credit Agreement (Laclede Group Inc)
General Provisions as to Payments. Borrower shall make each --------------------------------- payment of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.05. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 2 contracts
Samples: Loan Agreement (Laclede Gas Co), Revolving Credit Agreement (Laclede Gas Co)
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 2 contracts
Samples: Loan Agreement (Hennessy Advisors Inc), Loan Agreement (Hennessy Advisors Inc)
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan Revolving Credit Loans and of fees and all other amounts payable by Borrower under this AgreementSection 2, not later than 12:00 noon 3:00 p.m. (St. Louis time) on the date when due and payable in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments Any such payment received by Lender after 12:00 noon 3:00 p.m. (St. Louis time) shall be deemed to have been received by Lender paid on the next succeeding Domestic Business Day. Whenever any payment of principal of, or interest on, the Loan Revolving Credit Loans or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.053.06. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees other amount shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
Samples: Loan Agreement (Superior Bancorp)
General Provisions as to Payments. Borrower Borrowers shall make each payment ---------------------------------- of principal of, and interest on, the Loan Loans and of fees and all other amounts payable by Borrower any of the Borrowers under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
Samples: Loan Agreement (Amrep Corp)
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.058.07. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan Revolving Credit Loans and of fees and all other amounts payable by Borrower under this Agreementhereunder, not later than 12:00 noon (St. Louis time) on the date when due and payable due, in Federal or other funds immediately available in St. Louis, Missouri, to Lender the Agent at its address referred to in Section 7.0510.07. All payments The Agent will promptly distribute to each Bank in immediately available funds its Pro Rata Share of each such payment received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business DayAgent for the account of the Banks. Whenever any payment of principal of, or interest on, the Loan Revolving Credit Loans or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each ------------------------------------- payment of principal of, and interest on, the Loan Loans and of fees and all other amounts payable by Borrower under this Agreement, Agreement not later than 12:00 noon (St. Louis time) on the date when due and payable due, in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments Payments received by Lender after 12:00 noon noon. (St. Louis time) shall be deemed to have been received by Lender on the next succeeding following Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
Samples: Loan Agreement (Air Methods Corp)
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan Revolving Credit Loans and of fees and all other amounts payable by Borrower under this Agreementhereunder, not later than 12:00 noon P.M. (St. Louis time) on the date when due and payable due, in Federal or other funds immediately available in St. Louis, Missouri, to Lender the Agent at its address referred to in Section 7.0510.07. All payments The Agent will promptly distribute to each Bank in immediately available funds its Pro Rata Share of each such payment received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business DayAgent for the account of the Banks. Whenever any payment of principal of, or interest on, the Loan Revolving Credit Loans or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan and of all interest, fees and all other amounts payable by Borrower under this Agreement, Section 2 not later than 12:00 noon 2:00 p.m. (St. Louis timeCentral Time) on the date when due and payable due, in Federal or other collected funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.058.07. All payments Any such payment received by Lender after 12:00 noon 2:00 p.m. (St. Louis timeCentral Time) shall be deemed to have been received by Lender paid on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
Samples: Term Loan Agreement (Enterprise Financial Services Corp)
General Provisions as to Payments. Borrower shall make each payment --------------------------------- of principal of, and interest on, the Loan and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan Loans and of all interest, fees and all other amounts payable by Borrower under this Agreement, Section 2 not later than 12:00 noon 2:00 p.m. (St. Louis time) on the date when due and payable due, in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.058.07. All payments Any such payment received by Lender after 12:00 noon 2:00 p.m. (St. Louis time) shall be deemed to have been received by Lender paid on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan or of fees Loans shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
General Provisions as to Payments. Borrower shall make each payment of principal of, and interest on, the Loan Loans and of fees and all other amounts payable by Borrower under this Agreement, not later than 12:00 noon (St. Louis time) on the date when due and payable payable, in Federal or other funds immediately available in St. Louis, Missouri, to Lender at its address referred to in Section 7.057.07. All payments received by Lender after 12:00 noon (St. Louis time) shall be deemed to have been received by Lender on the next succeeding Business Day. Whenever any payment of principal of, or interest on, the Loan Loans or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon, at the then applicable rate, shall be payable for such extended time.
Appears in 1 contract
Samples: Loan Agreement (Featherlite Inc)