Common use of Payment on Business Day Clause in Contracts

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.

Appears in 22 contracts

Samples: Base Indenture (Wendy's Co), Servicing Agreement (Dominos Pizza Inc), Base Indenture (Wendy's Co)

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Payment on Business Day. In any case where any Quarterly Payment Datepayment date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Datepayment date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Datepayment date, redemption date date, or maturity date, as the case may be.

Appears in 5 contracts

Samples: Vanguard Car Rental Group Inc., Vanguard Car Rental Group Inc., Vanguard Car Rental Group Inc.

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 5 contracts

Samples: Base Indenture (Enova International, Inc.), Backup Servicing Agreement (On Deck Capital, Inc.), On Deck Capital, Inc.

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 4 contracts

Samples: Indenture (loanDepot, Inc.), Please Insert Social Security (loanDepot, Inc.), Indenture (loanDepot, Inc.)

Payment on Business Day. In any case where any Quarterly Payment Distribution Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Distribution Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Distribution Date, redemption date date, or maturity date, as the case may be.

Appears in 4 contracts

Samples: PHH Corp, Cendant Corp, Base Indenture (Avis Rent a Car Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and prepayment premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 3 contracts

Samples: Limited Guarantee (Amerco /Nv/), Limited Guarantee (Amerco /Nv/), Limited Guarantee (Amerco /Nv/)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Investor Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 3 contracts

Samples: Indenture (PHH Corp), Indenture (Greyhound Funding LLC), Greyhound Funding LLC

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Investor Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 3 contracts

Samples: Base Indenture (PHH Corp), Base Indenture (PHH Corp), Indenture (Goodyear Tire & Rubber Co /Oh/)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.

Appears in 3 contracts

Samples: Nondisturbance and Attornment Agreement (Sonic Corp), Base Indenture (Nuco2 Inc /Fl), Sonic Corp

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Indenture Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Global Holdings Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Hertz Corp), Hertz Global Holdings Inc

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Base Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Hertz Corp), Collateral Agency Agreement (Hertz Global Holdings Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Indenture Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, . that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 2 contracts

Samples: Administration Agreement (Zipcar Inc), Collateral Agency Agreement (Zipcar Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Term Note or Subordinated Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Accredited Home Lenders Holding Co

Payment on Business Day. In any case where any Quarterly Payment Distribution Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Distribution Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Dateredemption date, redemption date or maturity date, as the case may bebe to and including such next Business Day.

Appears in 1 contract

Samples: Republic Industries Inc

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.. 140

Appears in 1 contract

Samples: Contribution Agreement (Planet Fitness, Inc.)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premiumClass A Make-Whole Prepayment Premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, provided that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.

Appears in 1 contract

Samples: Base Indenture (SPRINT Corp)

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Payment on Business Day. In any case where any Quarterly Payment Datepayment date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Datepayment date, redemption date date, or maturity date; providedPROVIDED, howeverHOWEVER, that no interest shall accrue for the period from and after such Quarterly Payment Datepayment date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Base Indenture (Anc Rental Corp)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Subordinated Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Indenture (New Century Financial Corp)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, provided that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.

Appears in 1 contract

Samples: Base Indenture (Dine Brands Global, Inc.)

Payment on Business Day. In any case where any Quarterly Payment Distribution Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding Notwithstanding any other provision of the this Indenture) payment of interest or principal (and land premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Distribution Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Distribution Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Base Indenture (Team Rental Group Inc)

Payment on Business Day. In any case where any Quarterly Payment Distribution Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the -92- 100 next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Distribution Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Dateredemption date, redemption date or maturity date, as the case may bebe to and including such next Business Day.

Appears in 1 contract

Samples: Republic Industries Inc

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.. 146

Appears in 1 contract

Samples: Base Indenture (Dominos Pizza Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue 108 for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Intercreditor Agreement (loanDepot, Inc.)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly 105 Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: loanDepot, Inc.

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Base Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may be.

Appears in 1 contract

Samples: Indenture (Hertz Corp)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the this Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date date, or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date date, or maturity date, as the case may bebe to and including such next succeeding Business Day.

Appears in 1 contract

Samples: Management Services Agreement (Dollar Thrifty Automotive Group Inc)

Payment on Business Day. In any case where any Quarterly Payment Date, redemption date or maturity date of any Note shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of interest or principal (and premium, if any), as the case may be, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the Quarterly Payment Date, redemption date or maturity date; provided, however, that no interest shall accrue for the period from and after such Quarterly Payment Date, redemption date or maturity date, as the case may be.. Section 14.8

Appears in 1 contract

Samples: Planet Fitness, Inc.

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