Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever any installment of principal of, or interest on, any Loan or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 8 contracts
Samples: Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (Theragenics Corp), Credit Agreement (National Health Investors Inc)
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever any installment of principal of, or interest on, any the Loan or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 5 contracts
Samples: Credit Agreement (CNL Healthcare Properties II, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever any installment of principal of, or interest on, any Loan the Loans or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 3 contracts
Samples: Credit Agreement (Cole Credit Property Trust II Inc), Credit Agreement (Pemco Aviation Group Inc), Credit Agreement (Movie Gallery Inc)
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever any installment of principal of, or interest on, any Loan or any other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.. Computations of interest and other amounts due under this
Appears in 2 contracts
Samples: Credit Agreement (MS Acquisition), Credit Agreement (Aetna Industries Inc)
Payment on Non-Business Day; Payment Computations. Except as ------------------------------------------------- otherwise provided in this Agreement to the contrary, whenever any installment of principal of, or interest on, any the Loan or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 1 contract
Samples: Credit Agreement (Jones Financial Companies Lp LLP)
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contraryAgreement, whenever any installment of principal of, or interest on, any Loan or any other amount due hereunder Obligation becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement then Applicable Rate during such extension.
Appears in 1 contract
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever Whenever any installment of principal of, or interest on, any Loan the Loans or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 1 contract
Payment on Non-Business Day; Payment Computations. Except as otherwise provided in this Agreement to the contrary, whenever Whenever any installment of principal of, or interest on, any the Loan or other amount due hereunder becomes due and payable on a day which is not a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of any installment of principal, interest shall be payable thereon at the rate per annum determined in accordance with this Agreement during such extension.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Healthcare Trust Inc)
