Common use of Non-Banking Days Clause in Contracts

Non-Banking Days. Any payment which is due to be made on a day that is not a Banking Day shall be made on the next Banking Day in the same calendar month (if there is one) or the preceding Banking Day (if there is not).

Appears in 3 contracts

Samples: Loan Agreement (KNOT Offshore Partners LP), Loan Agreement (KNOT Offshore Partners LP), Loan Agreement (Euronav NV)

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Non-Banking Days. All payments due shall be made on a Banking Day. Any payment which is due to be made on a day that is not a Banking Day shall be made on the next Banking Day in the same calendar month (if there is one) or the preceding Banking Day (if there is not).

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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