Common use of Non-Business Clause in Contracts

Non-Business. Days If an Interest Period would otherwise end on a day which is not a Business Day, that Interest Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).

Appears in 14 contracts

Samples: Facility Agreement, Loan Agreement (DHT Holdings, Inc.), Loan Agreement (Scorpio Tankers Inc.)

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Non-Business. Days DAYS If an Interest Period would otherwise end on a day which is not a Business Day, that Interest Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).. 5.2.3

Appears in 1 contract

Samples: Facilities Agreement

Non-Business. Days Day If an Interest Period would otherwise end on a day which is not a Business Day, that Interest Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).. 10 Changes to the Calculation of Interest 10.1

Appears in 1 contract

Samples: Agreement (Flex LNG Ltd.)

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Non-Business. Days If an any Interest Period would otherwise would, but for this Clause 8.2, end on a day which is not a Business Day, that Interest Period will instead shall be extended to the next succeeding Business Day, unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the next Business Day in that calendar month (if there is one) or the last preceding Business Day (if there is not)Day.

Appears in 1 contract

Samples: Loan Agreement (Octel Corp)

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