Non-Banking Day. If any sum payable by the Obligors under this Agreement shall become due on a day which is not a Banking Day, the due date shall be the next succeeding Banking Day in that calendar month (if there is one) or the preceding Banking Day (if there is not).
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Samples: Facility Agreement (Pangaea Logistics Solutions Ltd.), Facility Agreement (Quartet Holdco Ltd.)
Non-Banking Day. If any sum payable by the Obligors Borrower under this Agreement shall become be-come due on a day which is not a Banking Day, the due date shall be the next succeeding Banking Day in that calendar month (if there is one) or the preceding Banking Day (if there is not).
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Non-Banking Day. If Whenever any sum payable by the Obligors under this Agreement payment shall become due be due, or any calculation shall be made, on a day which is not a Banking Day, the due date for payment or calculation, as the case may be, shall be extended to the next succeeding Banking Day in that calendar month (if there is one) or Day, and any interest on any payment shall be payable for such extended time at the preceding Banking Day (if there is not)specified rate.
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