Common use of Legal Holiday Clause in Contracts

Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.

Appears in 7 contracts

Samples: Indenture (Affymetrix Inc), Indenture (Oscient Pharmaceuticals Corp), Indenture (Oscient Pharmaceuticals Corp)

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Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, provided that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.

Appears in 7 contracts

Samples: Indenture (Computer Associates International Inc), Indenture (Flir Systems Inc), Indenture (Computer Associates International Inc)

Legal Holiday. In any case where any Interest Payment Date or the Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Intel Corp), Indenture (Cadence Design Systems Inc)

Legal Holiday. In any case where any Interest Payment Date or Date, Stated Maturity or Redemption Date of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or Date, at the Stated MaturityMaturity or on the Redemption Date; provided, that no interest shall accrue with in respect to of such payment for the period from and after such Interest Payment Date Date, Stated Maturity or Stated MaturityRedemption Date, as the case may be.

Appears in 1 contract

Samples: Indenture (Smith & Wesson Holding Corp)

Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.. ARTICLE II

Appears in 1 contract

Samples: Indenture (Affymetrix Inc)

Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, that Maturity and no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Affymetrix Inc)

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Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, provided that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be.. article 2 SECURITY FORMS

Appears in 1 contract

Samples: Indenture (Computer Associates International Inc)

Legal Holiday. In any case where any Interest Payment Date or Stated Maturity of any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, provided that no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated MaturityMaturity or, as the case may be.

Appears in 1 contract

Samples: Indenture (Avon Products Inc)

Legal Holiday. In any case where any Interest Payment Date or Stated the Maturity of any Security hereof shall not be a Business Day, then Day (notwithstanding any other provision of this Indenture or of the Securities) hereof), payment of interest or and principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity; provided, that and no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or Stated Maturity, as the case may be, to such next succeeding Business Day.

Appears in 1 contract

Samples: Convertible Subordinated Debenture (Flanders Corp)

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