Common use of Non-Business Day Clause in Contracts

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 66 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

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Non-Business Day. If Except as otherwise expressly provided in this Agreement, if any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 16 contracts

Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/), 364 Day Credit Agreement (Northern Illinois Gas Co /Il/ /New/)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be is payable.

Appears in 12 contracts

Samples: Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and but not including the next succeeding Business Day, on which the same shall be payable.

Appears in 8 contracts

Samples: Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Multicurrency Credit Agreement (Lasalle Partners Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business DayDay (subject to the definition of Interest Period), on which the same shall be payable.

Appears in 3 contracts

Samples: Credit Agreement (Transport Corporation of America Inc), Credit Agreement (Transport Corporation of America Inc), Credit Agreement (Transport Corporation of America Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation fee hereunder shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity or at the rate such fee accrues shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 3 contracts

Samples: Credit Agreement (Maytag Corp), Credit Agreement (Maytag Corp), Credit Agreement (Maytag Corp)

Non-Business Day. If any payment of principal or interest on any Loan, Swingline Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan, Swingline Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and but not including the next succeeding Business Day, on which the same shall be payable.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Multicurrency Credit Agreement (Jones Lang Lasalle Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be is payable.

Appears in 3 contracts

Samples: Credit Agreement (Lake Area Corn Processors LLC), Credit Agreement (Siouxland Ethanol, LLC), Credit Agreement (E Energy Adams LLC)

Non-Business Day. If any payment of principal or interest on any Loan Loan, Reimbursement Obligation or of any other Obligation or Agent Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, for such Loan Loan, such Reimbursement Obligation or such other Obligation or Agent Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 2 contracts

Samples: Secured Credit Agreement (Palex Inc), Secured Credit Agreement (Palex Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation fee hereunder shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation principal bears for the period prior to maturity or at the rate such fee accrues shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable. If any Settlement Date shall fall on a day which is not a Business Day, such Settlement Date shall be extended to the next succeeding Business Day.

Appears in 2 contracts

Samples: Warehousing Line Revolving Credit Agreement (Homegold Financial Inc), Revolving Credit Agreement (Homegold Financial Inc)

Non-Business Day. If any payment of principal or interest on any Loan Loan, Reimbursement Obligation or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, for such Loan Loan, such Reimbursement Obligation or such other Obligation or Agent Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 2 contracts

Samples: Credit Agreement (Quanta Services Inc), Secured Credit Agreement (Quanta Services Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 2 contracts

Samples: Credit Agreement (Allen Group Inc), Credit Agreement (Allen Group Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation fee hereunder shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation principal bears for the period prior to maturity or at the rate such fee accrues shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Homegold Financial Inc), Revolving Credit Agreement (Westmark Group Holdings Inc)

Non-Business Day. If any payment of principal or interest ---------------- on any Loan Loan, Reimbursement Obligation or of any other Obligation or Agent Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, for such Loan Loan, such Reimbursement Obligation or such other Obligation or Agent Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 1 contract

Samples: Secured Credit Agreement (Palex Inc)

Non-Business Day. If any payment of principal or interest on any Loan Loan, any Reimbursement Obligation or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan Loan, Reimbursement Obligation or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Landmark Graphics Corp)

Non-Business Day. If Except as otherwise provided in this Agreement, if any payment of principal of or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Minnesota Power & Light Co)

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Non-Business Day. If any payment of principal or interest on ---------------- any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Aptargroup Inc)

Non-Business Day. If any payment of principal or interest on any the Loan or of any other Obligation fee hereunder, shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such rate the Loan or other Obligation bears for the period prior to maturity or at the rate such fee accrues shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Chartermac)

Non-Business Day. If any payment of principal or interest on any Domestic Rate Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be is payable.

Appears in 1 contract

Samples: Credit Agreement (Alumax Inc)

Non-Business Day. If any payment of principal or interest ---------------- on any Loan Loan, Reimbursement Obligation or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Tuboscope Inc /De/)

Non-Business Day. If any payment of principal or interest on any the Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such the Loan or other Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 1 contract

Samples: Loan Agreement (Hydrochem International Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Elgin Technologies Inc)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including but excluding the next succeeding Business Day, on which the same shall be payable.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (U S Robotics Corp/De/)

Non-Business Day. If any payment of principal or interest on any Loan Loan, Reimbursement Obligation or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan Loan, such Reimbursement Obligation or other Obligation bears for the period prior to maturity shall continue to accrue in the manner set forth herein on such Obligation from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be payable.

Appears in 1 contract

Samples: Credit Agreement (Palex Inc)

Non-Business Day. If any payment of principal or interest on any the Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be is payable.

Appears in 1 contract

Samples: Credit Agreement (Lake Area Corn Processors LLC)

Non-Business Day. If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Dayday, interest or fees (as applicable) at the rate, if any, rate such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation principal from the stated due date thereof to and including the next succeeding Business Day, Day on which the same shall be is payable.

Appears in 1 contract

Samples: Credit Agreement (Husker Ag LLC)

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