If Payment or Performance Date Not a Business Day. If the date for making payment, or the last date of performance of any act or the exercising of any right, as provided in this Agreement, shall not be a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day with the same force and effect as if done on the nominal date provided in this Agreement, and no interest shall accrue for the period after such nominal date.
Appears in 5 contracts
Samples: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc), Loan and Guaranty Agreement (Doral Financial Corp)
If Payment or Performance Date Not a Business Day. If the date for making any payment, or the last date of for performance of any act or the exercising of any right, as provided in this AgreementContract, shall is not be a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day Day, with the same force and effect as if done on the nominal date provided in this AgreementContract, and no interest shall accrue for the period after such nominal date.
Appears in 4 contracts
Samples: Installment Financing Contract, Installment Financing Contract, Installment Financing Contract
If Payment or Performance Date Not a Business Day. If the date for making payment, or the last date of for performance of any act or the exercising of any right, as provided in this AgreementContract, shall is not be a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day Day, with the same force and effect as if done on the nominal date provided in this AgreementContract, and no interest shall accrue for the period after such nominal date.
Appears in 3 contracts
Samples: Installment Purchase Contract, Installment Purchase Contract, Installment Purchase Contract
If Payment or Performance Date Not a Business Day. If the date for making payment, or the last date of performance of any act or the exercising of any right, as provided in this Loan Agreement, shall not be a Business Day, Day (as such term is defined in the Trust Agreement) such payment may be made or act performed or right exercised on the next succeeding Business Day with the same force and effect as if done on the nominal date provided in this Agreement, and no interest shall accrue for the period after such nominal date.
Appears in 2 contracts
Samples: Loan Agreement (El Conquistador Partnership Lp Se), Loan Agreement (WMS Hotel Corp)
If Payment or Performance Date Not a Business Day. If the date for making any payment, or the last date of for performance of any act or the exercising of any right, as provided in this Agreement, shall is not be a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day Day, with the same force and effect as if done on the nominal date provided in this Agreement, and no interest shall will accrue for the period after such nominal date.
Appears in 1 contract
Samples: Installment Financing Agreement
If Payment or Performance Date Not a Business Day. If the date for making payment, or the last date of for performance of any act or the exercising of any right, as provided in this AgreementContract, shall is not be a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day Day, with the same force and effect as if done on the nominal date provided in this AgreementContr act, and no interest inter est shall accrue accr ue for the period per iod after such nominal date.
Appears in 1 contract
Samples: Installment Financing Contract
