Common use of Payment Due on Holidays Clause in Contracts

Payment Due on Holidays. If the date for making any payment or the last date for performance of any act or the exercise of any right, as provided in this Supplemental Indenture, is not a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day unless otherwise provided herein, with the same force and effect as if done on the nominal date provided in this Supplemental Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Connecticut Light & Power Co), Western Massachusetts Electric Co

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Payment Due on Holidays. If the date for making any payment or the last date day for performance of any act or the exercise exercising of any right, right as provided in this Second Supplemental Indenture, Agreement is not a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day unless otherwise provided herein, with the same force and effect as if done on the nominal date provided in this Second Supplemental IndentureAgreement.

Appears in 1 contract

Samples: Second Supplemental Trust Agreement

Payment Due on Holidays. If the date for making any payment or the last date day for performance of any act or the exercise exercising of any right, right as provided in this Supplemental Indenture, Trust Agreement is not a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day unless otherwise provided herein, with the same force and effect as if done on the nominal date provided in this Supplemental IndentureTrust Agreement.

Appears in 1 contract

Samples: Trust Agreement

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Payment Due on Holidays. If the date for making any payment or the last date day for performance of any act or the exercise exercising of any right, right as provided in this First Supplemental Indenture, Trust Agreement is not a Business Day, such payment may be made or act performed or right exercised on the next succeeding Business Day unless otherwise provided herein, with the same force and effect as if done on the nominal date provided in this First Supplemental IndentureTrust Agreement.

Appears in 1 contract

Samples: First Supplemental Trust Agreement

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