Non-Business Day. If any payment of principal shall fall due on a day which is not a Business Day, interest at the rate such principal bears for the period prior to maturity shall continue to accrue on such principal from the stated due date thereof to and including the next succeeding Business Day on which the same is payable.
Appears in 6 contracts
Samples: Credit Agreement (Platinum Entertainment Inc), Credit Agreement (Platinum Entertainment Inc), 364 Day Credit Agreement (Morrison Knudsen Corp//)
Non-Business Day. If any payment of principal or interest on any Note or any fees shall fall due on a day which is not a Business Day, (i) interest at the rate such principal Note bears for the period prior to maturity shall continue to accrue on such principal from the stated due date thereof to and including the next succeeding Business Day and (ii) such principal, interest and fees shall be payable on which the same is payable.such next succeeding Business Day
Appears in 3 contracts
Samples: Multicurrency Credit Agreement (Titan International Inc), Credit Agreement (Nash Finch Co), Multicurrency Credit Agreement (Titan Wheel International Inc)
