Common use of Payment Due On A Day Other Than A Business Day Clause in Contracts

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any Loan Document falls due or is required to be taken on a day which is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 11 contracts

Samples: Term Loan Agreement (Pure Earth, Inc.), Loan Agreement (Fuel Tech N V), Loan Agreement (Nutrition Management Services Co/Pa)

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Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any Loan other Credit Document falls due or is required to be taken on a day which that is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 2 contracts

Samples: Revolving Credit Agreement (TRC Companies Inc /De/), Revolving Credit Agreement (TRC Companies Inc /De/)

Payment Due On A Day Other Than A Business Day. If any payment ---------------------------------------------- due or action to be taken under this Agreement or any Loan Credit Document falls due or is required to be taken on a day which that is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Credit Agreement (Hooper Holmes Inc)

Payment Due On A Day Other Than A Business Day. If ---------------------------------------------- any payment due or action to be taken under this Agreement or any Loan Credit Document falls due or is required to be taken on a day which that is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Credit Agreement (Hooper Holmes Inc)

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any Loan Credit Document falls due or is required to be taken on a day which that is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Security Agreement (Total Tel Usa Communications Inc)

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any Loan Document falls due or is required to be taken on a day which is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.. 9.6

Appears in 1 contract

Samples: Term Loan and Line of Credit Loan Agreement (Dynasil Corp of America)

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any other Loan Document falls due or is required to be taken on a day which that the Bank is not a Business Dayopen for business, such payment or action shall be made or taken on the next succeeding Business Day day when the Bank is open for business and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Term Loan Agreement (Eastern Environmental Services Inc)

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement Note or any Loan Document other Transaction Agreement falls due or is required to be taken on a day which is not other than a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Amrep Corp.

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Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Reimbursement Agreement or any Loan other Related Document falls due or is required to be taken on a day which is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Of Reimbursement Agreement

Payment Due On A Day Other Than A Business Day. If any payment ---------------------------------------------- due or action to be taken under this Agreement or any Loan Document falls due or is required to be taken on a day which is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Revolving Credit Agreement (Centocor Diagnostics Inc)

Payment Due On A Day Other Than A Business Day. If any payment due or action to be taken under this Agreement or any Loan Document falls hereunder becomes due or is required to be taken on a day which is not a Business Day, such the due date of this payment or action shall be made or taken on extended to the next succeeding Business Day Day, and such extended extension of time shall be included in the computation of interestcomputing interest and fees in connection with such payment.

Appears in 1 contract

Samples: Credit and Security Agreement (Merrimac Industries Inc)

Payment Due On A Day Other Than A Business Day. If any payment due or ---------------------------------------------- action to be taken under this Agreement or any Loan Document falls due or is required to be taken on a day which is not a Business Day, such payment or action shall be made or taken on the next succeeding Business Day and such extended time shall be included in the computation of interest.

Appears in 1 contract

Samples: Loan Agreement (Astropower Inc)

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