Common use of Payment Date Other Than a Business Day Clause in Contracts

Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchase, as the case may be.

Appears in 1 contract

Samples: Manitowoc Co Inc

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Payment Date Other Than a Business Day. If an Interest -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date Date, Payment Date, or Redemption Date, Date or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Indenture (Loudcloud Inc)

Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Conversion Date Stated Maturity or date of maturity or repurchase of any Note or any other payment date Debenture shall not be a Business Day, then payment of principal of, premium, if any, or interest on such NoteDebenture, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date, Conversion Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such NoteDebenture; provided that no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity Maturity, Conversion Date or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Viatel Inc

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case 104 may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Urs Corp /New/

Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment --------------------------------------------- Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: CFW Communications Co

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Interest Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchase, as the case may be.

Appears in 1 contract

Samples: Sola International Inc

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue 77 for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Diva Systems Corp

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Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note Note, whether by the terms of this Agreement, by acceleration or any other payment date otherwise, shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Innova S De Rl

Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment -------------------------------------------- Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Payment Date or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: CFW Communications Co

Payment Date Other Than a Business Day. If an -------------------------------------- Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal Accreted Value of, premium, if any, or interest on such Note, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date Date, Payment Date, or Redemption Date, or at the Stated Maturity or date of maturity or repurchase of such Note; provided that that, if such payment is duly and timely made, no interest shall accrue for the period from and after such Interest Payment Date, Payment Date, Redemption Date, Stated Maturity or date of maturity or repurchasematurity, as the case may be.

Appears in 1 contract

Samples: Indenture (Nii Holdings Cayman LTD)

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