Common use of Payment on Non-Business Days Clause in Contracts

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.

Appears in 61 contracts

Samples: Convertible Promissory Note (Cyber App Solutions Corp.), Security Agreement (Boxlight Corp), Golden Matrix Group, Inc.

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Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest on the Advances or the fees hereunder, as the case may be.

Appears in 38 contracts

Samples: Credit and Security Agreement (Gaia, Inc), Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

Payment on Non-Business Days. Whenever any payment hereunder or under the Advances shall be stated to be made shall be due on a day which is not other than a Business Day, such payment may shall be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest.

Appears in 23 contracts

Samples: Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.), Management Agreement (Sunnova Energy International Inc.)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a non-Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest hereunder.

Appears in 22 contracts

Samples: Reciprocal Demand Loan Agreement (Gainbridge Life Insurance Co), Reciprocal Loan Agreement (Ing Life Insurance & Annuity Co), Reciprocal Loan Agreement (Reliastar Life Insurance Co of New York)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 19 contracts

Samples: Note Purchase Agreement (Positron Corp), Convertible Note Purchase Agreement (Open Link Financial, Inc.), Subordinated Note Purchase Agreement (Alma Lasers Ltd.)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may be due made on the next succeeding Business Day, provided however that such extension of time shall be included in the computation of interest due in conjunction with such payment or other fees due hereunder, as the case may be.

Appears in 18 contracts

Samples: Demand Line of Credit Agreement (Artesian Resources Corp), Term Loan Credit Agreement (Chesapeake Utilities Corp), Credit Agreement (Chesapeake Utilities Corp)

Payment on Non-Business Days. Whenever any (a) Any payment which is due to be made shall be due on a day which that is not a Business Day, such payment may Day shall be due made on the next succeeding Business DayDay in the same calendar month (if there is one) or the preceding Business Day (if there is not).

Appears in 17 contracts

Samples: And Restatement Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement

Payment on Non-Business Days. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not other than a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under such Note.

Appears in 12 contracts

Samples: Loan Agreement (PCD Inc), Loan Agreement (Finisar Corp), Loan Agreement (Innoveda Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or the fees hereunder, as the case may be.

Appears in 10 contracts

Samples: Loan Agreement (Maui Land & Pineapple Co Inc), Loan Agreement (Westerbeke Corp), Loan Agreement (Secom General Corp)

Payment on Non-Business Days. Whenever If any payment to be made amount hereunder or under the Notes shall be become due on a day which is not a Business Day, such payment may shall be due on the next succeeding Business Day.

Appears in 8 contracts

Samples: Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Seller Note Securities Purchase Agreement (Alion Science & Technology Corp), Registration Rights Agreement (Crown Crafts Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 7 contracts

Samples: Credit Agreement (Tivo Inc), Credit Agreement (Elite Information Group Inc), Credit Agreement (Ditech Corp)

Payment on Non-Business Days. Whenever any a) Any payment which is due to be made shall be due on a day which that is not a Business Day, such payment may Day shall be due made on the next succeeding Business DayDay in the same calendar month (if there is one) or the preceding Business Day (if there is not).

Appears in 6 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Assignment Agreement (Helix Energy Solutions Group Inc)

Payment on Non-Business Days. Whenever any payment hereunder shall be stated to be made shall be due on a day which is not other than a Business Day, such payment may shall be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest.

Appears in 5 contracts

Samples: Credit Agreement (loanDepot, Inc.), Credit Agreement (loanDepot, Inc.), Credit Agreement (loanDepot, Inc.)

Payment on Non-Business Days. Whenever In the event any payment is required to be made shall be due hereunder on a day which is not a Business Day, such payment may shall be due made on the next succeeding Business Day with the same effect as if made on such non-Business Day.

Appears in 5 contracts

Samples: Master Indenture, Indenture of Trust, Indenture

Payment on Non-Business Days. Whenever If any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 4 contracts

Samples: Loan Agreement (East West Communications Inc), Loan Agreement (Lynch Corp), Loan Agreement (Lynch Corp)

Payment on Non-Business Days. Whenever any payment is required to be made shall be due hereunder on a day which that is not a Business Day, such payment may shall be due made on the next succeeding immediately preceding Business Day.

Appears in 4 contracts

Samples: Installment Sale Agreement, Installment Sale Agreement, Installment Sale Agreement

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment.

Appears in 4 contracts

Samples: Credit Agreement (Amerinac Holding Corp.), Credit Agreement (Applied Optoelectronics, Inc.), Discretionary Demand Credit Agreement (Alteva, Inc.)

Payment on Non-Business Days. Whenever any payment to be ---------------------------- made hereunder or under the Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 4 contracts

Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)

Payment on Non-Business Days. Whenever any payment or any advance on payment to be made (whether in cash or Common Shares) shall be due on a any day which is not other than a Business Day, such payment may shall be due on the next succeeding Business DayDay and such next succeeding Business Day shall be included in the calculation of the amount of accrued interest payable on such date.

Appears in 4 contracts

Samples: December Purchase Agreement (Ener1 Inc), Purchase Agreement (Ener1 Inc), Purchase Agreement (Ener1 Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 4 contracts

Samples: Loan Agreement, Master Loan Agreement, Loan Agreement (Landec Corp \Ca\)

Payment on Non-Business Days. Whenever If any payment to be made on this Note shall be become due on a day which that is not a Business Day, such payment may shall be due made on the next succeeding Business DayDay and such extension of time shall in such case be included in computing any interest due in connection with such payment.

Appears in 3 contracts

Samples: Note (Argyle Security, Inc.), Note (Argyle Security, Inc.), Mezzanine Management LTD

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Bond shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 3 contracts

Samples: Lease Agreement (Systemax Inc), Loan Agreement, Loan Agreement (RathGibson Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 3 contracts

Samples: Promissory Note (DealerTrack Holdings, Inc.), Intercompany Term Loan Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.), Intercompany Bridge Term Loan Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, such payment may be due made on the next succeeding Business Day, together with interest thereon to the date of payment, unless such succeeding Business Day would fall in the next calendar month or after the Maturity Date, in which case, such payment shall be made on the immediately preceding Business Day.

Appears in 3 contracts

Samples: Loan Agreement (PLM Equipment Growth & Income Fund Vii), Loan Agreement (PLM Equipment Growth Fund V), Loan Agreement (PLM Equipment Growth Fund Vi)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment.

Appears in 3 contracts

Samples: Credit Agreement (First Trust Alternative Opportunities Fund), Credit Agreement (First Trust Alternative Opportunities Fund), Credit Agreement (Warwick Valley Telephone Co)

Payment on Non-Business Days. Whenever any payment to be ----------- ---------------------------- made hereunder or under any Note shall be stated to be due on a day which is not other than a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under such Note.

Appears in 3 contracts

Samples: Loan Agreement (Boron Lepore & Associates Inc), Loan Agreement (Talentpoint Inc), Loan Agreement (Somera Communications Inc)

Payment on Non-Business Days. Whenever any payment to be made on the Notes shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation and payment of interest due.

Appears in 3 contracts

Samples: Subordination and Intercreditor Agreement (SoftBrands, Inc.), Securities Purchase Agreement (Oncure Medical Corp), Note and Warrant Purchase Agreement (Ecollege Com)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest hereunder or under the Notes.

Appears in 3 contracts

Samples: Loan and Security Agreement (Innotrac Corp), Loan and Security Agreement (Innotrac Corp), Loan and Security Agreement (DSG International LTD)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business DayDay (as hereinafter defined), such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Gigabeam Corp), Note and Warrant Purchase Agreement (Yellowbrix Inc), Note and Warrant Purchase Agreement (Gigabeam Corp)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may shall be due made on the next succeeding Business DayDay (and if so made, shall be deemed to have been made when due).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Daybusiness day, such payment may be due made on the next succeeding Business Daybusiness day, and such extension of time shall in such case not be included in the computation of payment of interest due.

Appears in 2 contracts

Samples: Exchange Agreement (Kennedy Wilson Inc), Convertible Debenture Purchase Agreement (Kennedy Wilson Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest on the Advances hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement by And (CPS Technologies Corp/De/)

Payment on Non-Business Days. Whenever any payment to be made hereunder by Duramed shall be stated to be due on a day which is not a Business Day, such payment may shall be due made on or before the next succeeding preceding Business Day.

Appears in 2 contracts

Samples: Reimbursement Agreement (Duramed Pharmaceuticals Inc), Reimbursement Agreement (Duramed Pharmaceuticals Inc)

Payment on Non-Business Days. Whenever If any payment to be made amount hereunder or under the Notes shall be become due on a day which is not a Business Day, such payment may shall be due on the next succeeding Business Day without including the additional day(s) elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tridex Corp), Securities Purchase Agreement (Integrity Media Inc)

Payment on Non-Business Days. Whenever any payment hereunder shall be stated to be made shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of the amount due.

Appears in 2 contracts

Samples: 2016 Senior Loan Agreement, Loan Agreement (Municipal Mortgage & Equity LLC)

Payment on Non-Business Days. Whenever any payment to be ---------------------------- made hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Keystone Automotive Industries Inc), Credit Agreement (Southwest Water Co)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may shall be due on the next succeeding Business Day.

Appears in 2 contracts

Samples: Digiasia Corp., Nature's Miracle Holding Inc.

Payment on Non-Business Days. Whenever any payment to be made shall be pursuant to this Promissory Note is due on a day which that is not a Business Daybusiness day, such payment may shall be due made on the next succeeding Business Daybusiness day.

Appears in 2 contracts

Samples: Facility Letter Agreement (Information Management Associates Inc), Information Management Associates Inc

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be due on a day which is not a Business Day, then such payment may shall be due made on the next succeeding Business Day.

Appears in 2 contracts

Samples: Loan Agreement (Fgic Securities Purchase Inc), Loan Agreement (Fgic Securities Purchase Inc)

Payment on Non-Business Days. Whenever any payment hereunder shall be stated to be made shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may shall be due made on the next succeeding Business Day. Interest shall continue to accrue on such payments until the date such payments are deemed received by Capital.

Appears in 2 contracts

Samples: Loan and Security Agreement (Celtic Investment Inc), Loan and Security Agreement (Celtic Investment Inc)

Payment on Non-Business Days. Whenever any payment to be, made hereunder shall be made shall stated to be due on a day which is not a Business Day, such payment may shall be due on the next immediately succeeding Business Day.

Appears in 2 contracts

Samples: Letter of Credit and Reimbursement Agreement (Maxxam Inc), Letter of Credit and Reimbursement Agreement (Maxxam Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Bonds shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 2 contracts

Samples: Purchase and Loan Agreement, Purchase and Loan Agreement

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may be due on the next succeeding Business Day.payment

Appears in 1 contract

Samples: Revolving Credit Agreement (Atlas Air Inc)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may shall be due on the next succeeding Business Day.. 2 Insert Quarterly Payment Dates

Appears in 1 contract

Samples: Digiasia Corp.

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may be due on the next succeeding Business Day.shall

Appears in 1 contract

Samples: Revolving Credit Agreement (Atlas Air Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment.

Appears in 1 contract

Samples: Term Loan Agreement (Sphere 3D Corp)

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Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.payment

Appears in 1 contract

Samples: Credit Agreement (Phase Metrics Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest hereunder.

Appears in 1 contract

Samples: Joinder Agreement (Heartland Payment Systems Inc)

Payment on Non-Business Days. Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may shall be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Third Amendment Agreement (Monitronics International Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 1 contract

Samples: Note Agreement (Jones Apparel Group Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the preceding Business Day, but in no event shall be made later than the next succeeding Business DayDay with interest (if such payment accrues interest) continuing to accrue thereon until such payment is made.

Appears in 1 contract

Samples: Reimbursement Agreement (Minnesota Power Inc)

Payment on Non-Business Days. Whenever any If a payment to be made shall be due on a day which date is not a Business DayDay at a place of payment, such payment may be due made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period.

Appears in 1 contract

Samples: Indenture (Coca-Cola Consolidated, Inc.)

Payment on Non-Business Days. Whenever any payment to be made shall ---------------------------- be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Loislaw Com Inc

Payment on Non-Business Days. Whenever (i) any payment to be made shall be hereunder or under any of the Notes or (ii) any certificate, report or financial statement is due on a day which that is not a Business Day, such payment may shall be due made on the next succeeding Business DayDay and such extension of time shall be included in the computation of interest due with such payment.

Appears in 1 contract

Samples: Loan Agreement (ASTROTECH Corp \WA\)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be due on a day which is not other than a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 1 contract

Samples: Loan Agreement (American Management Systems Inc)

Payment on Non-Business Days. Whenever any payment to be made ---------------------------- shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Lionbridge Technologies Inc /De/

Payment on Non-Business Days. Whenever any payment hereunder shall be stated to be made shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day; provided, however, such extension of time shall not be taken into account in computing the amount due.

Appears in 1 contract

Samples: 2020 Senior Loan Agreement

Payment on Non-Business Days. Whenever any payment is required to be made shall be due by the District hereunder on a day which is not a Business Day, such payment may shall be due made on the next succeeding immediately preceding Business Day.

Appears in 1 contract

Samples: Trust Agreement

Payment on Non-Business Days. Whenever any payment to be made on this Note shall be stated to be due on a day which is not a Business Day, Day such payment may be due made on the next succeeding Business Day.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Calavo Growers Inc)

Payment on Non-Business Days. Whenever any If a payment to date is a not a Business Day at a place of payment, payment may be made shall be due at that place on a the next succeeding day which that is not a Business Day, such payment may be due on and no interest shall accrue for the next succeeding Business Dayintervening period.

Appears in 1 contract

Samples: Indenture (Nucor Corp)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may shall be due made on the next succeeding Business Day.Day and no additional interest shall be due as a result (and if so made, shall be deemed to have been made when due). If any payment in respect of interest on an Advance is

Appears in 1 contract

Samples: Revolving Credit Agreement (America West Airlines Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made without penalty on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Loan Agreement

Payment on Non-Business Days. Whenever any payment is required to be made shall be due hereunder on a day which is not a Business Day, such payment may shall be due made on the next succeeding immediate preceding Business Day.

Appears in 1 contract

Samples: Installment Sale Agreement

Payment on Non-Business Days. Whenever If any payment to be made amount hereunder or under the Notes shall be become due on a day which is not a Business Day, such payment may shall be due on the next succeeding Business Day. 9.10.

Appears in 1 contract

Samples: Conformed (Swing N Slide Corp)

Payment on Non-Business Days. Whenever any payment to be made shall be under any Note or hereunder is due on a day which that is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time will in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Securities Purchase Agreement (Proxim Wireless Corp)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not other than a Business Day, such payment may shall be due made on the next succeeding Business Day.Day and no additional interest shall be

Appears in 1 contract

Samples: Revolving Credit Agreement (Continental Airlines Inc /De/)

Payment on Non-Business Days. Whenever any payment to be made shall be is due on a day which is not other than a Business Day, such that payment may be due made on the next succeeding Business Day, and the extension of time shall be included in the computation of interest due.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Open Port Technology Inc)

Payment on Non-Business Days. Whenever any payment to be ---------------------------- made hereunder shall be due on a day which is not a Business Day, then such payment may shall be due made on the next succeeding Business Day.

Appears in 1 contract

Samples: Loan Agreement (Fgic Securities Purchase Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Series 1997 Note shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day.

Appears in 1 contract

Samples: Series 1997 Note Agreement Series 1997 Note Agreement (Jones Apparel Group Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest on the Advances hereunder.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Biovest International Inc)

Payment on Non-Business Days. Whenever If any payment to be made shall be on this Note will become due on a day which that is not a Business Day, such payment may will be due made on the next succeeding Business DayDay and such extension of time will in such case be included in computing any interest due in connection with such payment.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (GMX Resources Inc)

Payment on Non-Business Days. Whenever any payment required to be made under any Transaction Document shall be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Intercreditor Agreement (Bh Re LLC)

Payment on Non-Business Days. Whenever any payment to be made shall ------------------------------ be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest due.

Appears in 1 contract

Samples: Corporation Note Purchase Agreement (Positron Corp)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or letter of credit commission, as the case may be.

Appears in 1 contract

Samples: Reimbursement Agreement (Pemco Aviation Group Inc)

Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note by Borrower shall be stated to be due on a day which is not other than a Business Day, such payment may shall be made on the Business Day immediately following that non-Business Day, provided, however, that if such payment is due on a non-Business Day which is a day of the next succeeding month after which no further Business Days occur in such month, then such payment shall be made on the immediately preceding Business Day.

Appears in 1 contract

Samples: Loan Agreement (Aina Le'a Inc.)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest on the Revolving Advances or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit and Security Agreement (Tradestar Services, Inc.)

Payment on Non-Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.be

Appears in 1 contract

Samples: Reimbursement Agreement (Hypercom Corp)

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