Payment on Any Business Day by 3:00 P.M. (Montréal time) Whenever any payment or repayment falls due on a day which is not a Business Day, such payment or repayment shall be made on the next following Business Day. Furthermore, any amount received after 3:00 P.M. (Montréal time) on any Business Day shall be applied to the appropriate payment or repayment which was required to be made on such Business Day, on the next following Business Day. Until so applied, interest shall continue to accrue as provided in this Agreement on the amount of such payment or repayment.
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Samples: Credit Agreement (Cgi Group Inc), Credit Agreement (Alimentation Couche Tard Inc), Credit Agreement (Cgi Group Inc)
Payment on Any Business Day by 3:00 P.M. (Montréal timeEastern Time) Whenever any payment or repayment falls due on a day which is not a Business Day, such payment or repayment shall be made on the next following Business Day. Furthermore, any amount received after 3:00 P.M. (Montréal timeEastern Time) on any Business Day shall be applied to the appropriate payment or repayment which was required to be made on such Business Day, on the next following Business Day. Until so applied, interest shall continue to accrue as provided in this Agreement on the amount of such payment or repayment.
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Samples: Loan Agreement (KWESST Micro Systems Inc.), KWESST Micro Systems Inc.
Payment on Any Business Day by 3:00 P.M. (Montréal Eastern time) Whenever any payment or repayment falls due on a day which is not a Business Day, such payment or repayment shall be made on the next following Business Day. Furthermore, any amount received after 3:00 P.M. (Montréal Eastern time) on any Business Day shall be applied to the appropriate payment or repayment which was required to be made on such Business Day, on the next following Business Day. Until so applied, interest shall continue to accrue as provided in this Agreement on the amount of such payment or repayment.
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