Common use of Legal Holiday Clause in Contracts

Legal Holiday. A “Legal Holiday” is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, and, if the action to be taken on such date is a payment in respect of the Notes, interest shall accrue for the intervening period.

Appears in 13 contracts

Samples: Indenture (Wellcare Health Plans, Inc.), Escrow Agreement (Providence Service Corp), Indenture (Wellcare Health Plans, Inc.)

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Legal Holiday. A “Legal Holiday” is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, and, if the action to be taken on such date is a payment in respect of the Notes, no interest shall accrue for the intervening period.

Appears in 6 contracts

Samples: Indenture (Healthsouth Corp), Registration Rights Agreement (Power One Inc), Indenture (Evercore Partners Inc.)

Legal Holiday. A “Legal Holiday” is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andwith the same force and effect as if made on the Interest Payment Date or Redemption Date, if at the action to be taken on such Stated Maturity or the last date is a payment in respect of conversion, as the Notes, interest shall accrue for the intervening periodcase may be.

Appears in 6 contracts

Samples: Indenture (Micron Technology Inc), Indenture (Micron Technology Inc), Indenture (Micron Technology Inc)

Legal Holiday. A "Legal Holiday" is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andand to the extent applicable no Original Issue Discount or interest, if the action to be taken on such date is a payment in respect of the Notesany, interest shall accrue for the intervening period.

Appears in 5 contracts

Samples: Indenture (Stmicroelectronics Nv), Talk Radio Network Inc, Multiverse Acquisition Corp

Legal Holiday. A "Legal Holiday" is any day other than a ------------- Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andand to the extent applicable no Original Issue Discount or interest, if the action to be taken on such date is a payment in respect of the Notesany, interest shall accrue for the intervening period.

Appears in 2 contracts

Samples: Indenture (Times Mirror Co /New/), Merrill Lynch Preferred Capital Trust V

Legal Holiday. A “Legal Holiday” is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, and, with the same force and effect as if the action to be taken made on such specified date is a payment in respect of the Notes, and no interest shall accrue with respect to any payment for the intervening period.

Appears in 1 contract

Samples: Technitrol Inc

Legal Holiday. A “Legal Holiday” is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andwith the same force and effect as if made on the Interest Payment Date or Redemption Date, if at the action to be taken on such Maturity Date or the last date is a payment in respect of conversion, as the Notes, interest shall accrue for the intervening periodcase may be.

Appears in 1 contract

Samples: Indenture (Micron Technology Inc)

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Legal Holiday. A "Legal Holiday" is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, and, if the action to be taken on such date is a payment in respect of the Notes, interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Millennium Pharmaceuticals Inc

Legal Holiday. A "Legal Holiday" is any day other than a ------------- Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andand to the extent applicable no Accreted Discount or interest, if the action to be taken on such date is a payment in respect of the Notesany, interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Merrill Lynch Preferred Funding Vi L P

Legal Holiday. A "Legal Holiday" is any day other than a Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andand to the extent applicable no accrued and unpaid interest, if the action to be taken on such date is a payment in respect of the Notesany, interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Netease Com Inc

Legal Holiday. A "Legal Holiday" is any day other than a ------------- ------------- Business Day. If any specified date (including a date for giving notice) is a Legal Holiday, the action shall be taken on the next succeeding day that is not a Legal Holiday, andand to the extent applicable no Original Issue Discount or interest, if the action to be taken on such date is a payment in respect of the Notesany, interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Hewlett Packard Co)

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