Common use of Holiday Payments Clause in Contracts

Holiday Payments. If any payment to be made by the Awardee hereunder shall become due on a day 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 9 contracts

Samples: Loan and Security Agreement (OLD MARKET CAPITAL Corp), Loan and Security Agreement, Loan/Grant and Security Agreement

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Holiday Payments. If any payment to be made by the Awardee Awardees hereunder shall become due on a day 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 1 contract

Samples: Broadband Initiatives Program Loan/Grant and Security Agreement

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