Payment Due on Non. Business Day to be Made on Next Business Day. If any sum becomes payable pursuant to this Agreement on a day which is not a Business Day, the date for payment thereof shall be extended, without penalty, to the next succeeding Business Day, and such extended time shall be included in the computation of interest and fees.
Appears in 2 contracts
Samples: Reimbursement Agreement (Southwest Water Co), Reimbursement Agreement (Southern California Water Co)
Payment Due on Non. Business Day to be Made on Next Business DayBUSINESS DAY TO BE MADE ON NEXT BUSINESS DAY. If any sum becomes payable pursuant to this Agreement on a day which is not a Business Day, the date for payment thereof shall be extended, without penalty, to the next succeeding Business Day, and such extended time shall be included in the computation of interest and fees. If the date for any payment of principal is extended by operation of law or otherwise, interest shall be payable for such extended time.
Appears in 1 contract
Payment Due on Non. Business Day to be Be Made on Next Business Day. If any sum becomes payable pursuant to this Agreement on a day which is not a Business Day, the date for payment thereof shall be extended, without penalty, to the next succeeding Business Day, and such extended time shall be included in the computation of interest and fees.
Appears in 1 contract
Samples: Reimbursement Agreement (Griffith Micro Science International Inc)
Payment Due on Non. Business Day to be Made made on Next Business Day;. If any sum becomes payable pursuant to this Agreement on a day which is not a Business Day, the date for payment thereof shall be extended, without penalty, to the next succeeding Business Day, and such extended time shall be included in the computation of interest and fees. If the date for any payment of principal is extended by operation of law or otherwise, interest shall be payable for such extended time.
Appears in 1 contract
Samples: Letter of Credit Agreement (Central Power & Light Co /Tx/)
