Common use of Non-Business Day Clause in Contracts

Non-Business Day. If any scheduled payment date as aforesaid is not a business day in either the State of Florida or the State of Arizona, then the payment to be made on such scheduled payment date shall be due and payable on the next succeeding business day, with additional interest on any Principal amount so delayed for the period of such delay.

Appears in 5 contracts

Samples: Loan Agreement (Alanco Technologies Inc), Convertible Term Note (Alanco Technologies Inc), Convertible Term Note (Alanco Technologies Inc)

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Non-Business Day. If any scheduled payment date as aforesaid is not a business day in either the State of Florida Texas or the State of ArizonaFlorida, then the payment to be made on such scheduled payment date shall be due and payable on the next succeeding business day, with additional interest on any Principal amount so delayed for the period of such delay.

Appears in 5 contracts

Samples: Term Note (Crdentia Corp), Term Note (Crdentia Corp), Term Note (Crdentia Corp)

Non-Business Day. If any scheduled payment date as aforesaid is not a business day in either the State of Florida California or the State of ArizonaFlorida, then the payment to be made on such scheduled payment date shall be due and payable on the next succeeding business day, with additional interest on any Principal amount so delayed for the period of such delay.

Appears in 3 contracts

Samples: Convertible Term Note (General Environmental Management, Inc), Fee Note (General Environmental Management, Inc), Convertible Term Note (General Environmental Management, Inc)

Non-Business Day. If any scheduled payment date as aforesaid is not a business day in either the State of Florida New York or the State of ArizonaFlorida, then the payment to be made on such scheduled payment date shall be due and payable on the next succeeding business day, with additional interest on any Principal amount so delayed for the period of such delay.

Appears in 3 contracts

Samples: Convertible Term Note (Aftersoft Group), Promissory Note (EVCI Career Colleges Holding Corp), Revolving Credit Note (EVCI Career Colleges Holding Corp)

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Non-Business Day. If any scheduled payment date as aforesaid is not a business day in either the State of Florida or the State of ArizonaTexas, then the payment to be made on such scheduled payment date shall be due and payable on the next succeeding business day, with additional interest on any Principal amount so delayed for the period of such delay.

Appears in 3 contracts

Samples: Convertible Term Note (Lapolla Industries Inc), Convertible Term Note (Lapolla Industries Inc), Convertible Term Note (Lapolla Industries Inc)

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