Payment on a Non-Business Day. Whenever any payment to be made under the Loan Documents shall be stated to be due, or if the Maturity Date would otherwise occur, on a day which is not a Business Day, such payment shall be made, and the Maturity Date shall occur, as applicable, on the immediately succeeding Business Day. Any such extension of time shall be included in the computation of payment of Interest (including interest at the Default Rate), fees, and Additional Interest.
Appears in 8 contracts
Samples: Loan Agreement (Ashford Hospitality Prime, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.)
