Common use of Payment on Business Days Clause in Contracts

Payment on Business Days. Whenever in this Loan Agreement any amount is required to be paid on a day which is not a Business Day, such payment shall be required to be made on the Business Day immediately following such day, provided that interest on such payment shall not accrue from and after such day.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Payment on Business Days. Whenever in this Loan Agreement Indenture any amount is required to be paid on a day which is not a Business Day, such payment shall be required to be made on the Business Day immediately following such day, provided that interest on such payment shall not accrue from and after such day.

Appears in 2 contracts

Samples: Installment Sale Agreement, Commitment Agreement and Purchase Contract

Payment on Business Days. Whenever in this Loan Agreement Indenture any amount is required to be paid on a day which that is not a Business Day, such payment shall be required to be made made, without accruing additional interest thereby, on the Business Day immediately following such day, provided that interest on such payment shall not accrue from and after such day.

Appears in 2 contracts

Samples: Indenture, Indenture

Payment on Business Days. Whenever in this Loan Agreement any amount is required to be paid on a day which that is not a Business Day, such payment shall be required to be made on the Business Day immediately following such day, provided that day and no further interest on such payment shall not accrue from and after such dayaccrue.

Appears in 1 contract

Samples: Installment Sale Agreement

Payment on Business Days. Whenever in this Loan Agreement any amount is required to be paid on a day which is not a Business Day, such payment shall be required to be made on the Business Day immediately following such day, provided that interest on such payment shall not accrue from and after such day.

Appears in 1 contract

Samples: Paying Agent Agreement

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Payment on Business Days. Whenever in this Loan Agreement Indenture any amount is required to be paid on a day which that is not a Business Day, such payment shall be required to be made made, without accruing additional interest thereby, on the Business Day immediately following such day, provided that interest on such payment shall not accrue from and after such day.day.β€Œ

Appears in 1 contract

Samples: Indenture

Payment on Business Days. β€Œ Whenever in this Loan Agreement any amount is required to be paid on a day which that is not a Business Day, such payment shall be required to be made on the Business Day immediately following such day, provided that day and no further interest on such payment shall not accrue from and after such dayaccrue.

Appears in 1 contract

Samples: Installment Sale Agreement

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