Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Appears in 29 contracts
Samples: Rus Loan Contract, Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)
Holiday Payments. If any payment payments to be made by the Borrower hereunder shall become due on a day which is date not a Business Day, such payment payments shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such paymentDay.
Appears in 3 contracts
Samples: Credit Agreement (Education Management Corporation), Credit Agreement (Education Management Corporation), Credit Agreement (Education Management Corporation)
Holiday Payments. If any payment to be made by to the Borrower Lender hereunder shall become due on a day which is date not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time interest shall be included in computing accrue on any interest in respect principal amount of such paymentpayment until the date on which such principal amount is paid to the Lender.
Appears in 3 contracts
Samples: Loan Agreement (North American Technologies Group Inc /Mi/), Loan Agreement (North American Technologies Group Inc /Mi/), Bridge Loan Agreement (VDC Corp LTD)
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Appears in 2 contracts
Samples: Loan Agreement, Loan and Security Agreement (Pegasus Communications Corp /)
Holiday Payments. If any payment to be made by the Borrower Company hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
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Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest inte rest in respect of such payment.
Appears in 1 contract
Holiday Payments. If any payment to be made by the Borrower ---------------- hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
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Holiday Payments. If any payment to be made by the Borrower to Lender hereunder shall become due on a day which is date not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time interest shall be included in computing accrue on any interest in respect principal amount of such paymentpayment until the date on which such principal amount is paid to Lender.
Appears in 1 contract
Samples: Loan and Warrant Purchase Agreement (Best Software Inc)
Holiday Payments. If any payment payments to be made by the Borrower hereunder shall become due on a day which is date not a Business Day, such payment payments shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
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Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which is not other than a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Appears in 1 contract
Holiday Payments. If any payment to be made by Company hereunder or ---------------- under the Borrower hereunder Revolving Note shall become due on a day which is not other than a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Appears in 1 contract
Samples: Revolving Credit and Collateral Loan Agreement (Virtual Mortgage Network Inc)
