Common use of Payment on Business Days Clause in Contracts

Payment on Business Days. If any payment of principal or interest on this Note shall become due on a Saturday, Sunday or public holiday, such payment may be made on the next succeeding business day, and such extension of time in such case shall be included in the computation of interest in connection with such payment.

Appears in 5 contracts

Samples: Loan Agreement (I Link Inc), Loan and Security Agreement (I Link Inc), Promissory Note (I Link Inc)

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Payment on Business Days. If any payment of principal or interest on this the Note shall become due on a Saturday, Sunday or public holiday, such payment may be made on the next succeeding business day, and such extension of time in such case shall be included in the computation of interest in connection with such payment.

Appears in 1 contract

Samples: Loan Agreement (Acceris Communications Inc)

Payment on Business Days. If any payment of principal or interest on ------------------------ this Note shall become due on a Saturday, Sunday or public holiday, such payment may be made on the next succeeding business day, and such extension of time in such case shall be included in the computation of interest in connection with such payment.

Appears in 1 contract

Samples: Promissory Note (Medcross Inc)

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Payment on Business Days. If any payment of principal or interest on this Note the Indebtedness shall become due on a Saturday, Sunday or public holiday, such payment may be made on the next succeeding business day, and such extension of time in such case shall be included in the computation of interest in connection with such payment.

Appears in 1 contract

Samples: Loan Agreement (Acceris Communications Inc)

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