Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 58 contracts
Samples: Logiq, Inc., Logiq, Inc., Membership Interest Purchase Agreement (Boxlight Corp)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest Interest payable on such date.
Appears in 23 contracts
Samples: Securities Purchase Agreement (MedPro Safety Products, Inc.), Securities Purchase Agreement (MedPro Safety Products, Inc.), Note Purchase Agreement (MedPro Safety Products, 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 Saturday, Sunday or a public or bank holiday or the equivalent for banks generally under the laws of the State of New YorkYork (any other day being a "Business Day"), such payment may be due made on the next succeeding business day Business Day, and such next succeeding day extension of time shall in such case be included in the calculation computation of the amount payment of accrued interest payable on such dateinterest.
Appears in 12 contracts
Samples: Term Loan and Security Agreement (Pharmaceutical Formulations Inc), Loan and Security Agreement (Pharmaceutical Formulations Inc), Loan and Security Agreement (Pharmaceutical Formulations Inc)
Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be become due on a Saturday, Sunday or a public holiday under the laws of the State of New Yorkholiday, such payment may be due made on the next succeeding business day day, and such next succeeding day extension of time in such case shall be included in the calculation computation of interest hereunder and under the amount of accrued interest payable on such dateNote.
Appears in 9 contracts
Samples: Loan Agreement (Paxson Communications Corp), Loan Agreement (HSN Inc), Loan Agreement (Paxson Communications Corp)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State Commonwealth of New YorkMassachusetts, such payment may be due made on the next succeeding business day day, and such next succeeding day extension of time shall in such case be included in the calculation computation of the amount payment of accrued interest payable on such datedue.
Appears in 8 contracts
Samples: Note Purchase Agreement (Dynasil Corp of America), Note Purchase Agreement (Dynasil Corp of America), Purchase Agreement (World Energy Solutions, Inc.)
Payment on Non-Business Days. Whenever any payment to be made hereunder shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 7 contracts
Samples: Sands Brothers Venture Capital Ii LLLC, RS Properties I LLC, Sands Brothers Venture Capital Ii LLLC
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such dateday.
Appears in 4 contracts
Samples: Quest Oil Corp, Escrow Agreement (Remote Dynamics Inc), Escrow Agreement (Remote Dynamics Inc)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day Business Day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 3 contracts
Samples: Sagebrush Gold Ltd., CorMedix Inc., Valcent Products Inc.
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business Business Day. The term "Business Day" shall mean any day except Saturday, Sunday and such next succeeding any day that shall be included a federal legal holiday or a day on which banking institutions in the calculation State of the amount of accrued interest payable on such dateNew York are authorized or required by law or other governmental action to close.
Appears in 2 contracts
Samples: Purchase Agreement (Trident Brands Inc), Purchase Agreement (Trident Brands Inc)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may shall be due on the next succeeding business day Business Day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 2 contracts
Samples: Note Purchase Agreement (Pedevco Corp), Note Purchase Agreement (Evergreen Energy Inc)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the United States of America or the State of New YorkMichigan, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 2 contracts
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due made on the next succeeding business day day, and such next succeeding day extension of time shall in such case be included in the calculation computation of the amount payment of accrued interest payable on such datedue.
Appears in 2 contracts
Samples: Secured Convertible Note Purchase Agreement (United Benefits & Pension Services, Inc.), Convertible Demand Note and Warrant Purchase Agreement (Medical Sterilization Inc)
Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be due stated to be due, on a Saturday, Sunday or a public or bank holiday under the laws of the State of in New YorkYork City (any other day being a "Business Day"), such payment may be due made on the next succeeding business day Business Day, and such next succeeding day extension of time shall in such case be included in the calculation computation of payment of interest or commitment fee, as the amount of accrued interest payable on such datecase may be.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due made on the next succeeding business day day, and such next succeeding day extension of time shall in such case be included in the calculation computation of payment of interest hereunder or under the amount of accrued interest payable on such dateNote.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to ---------------------------- be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Charys Holding Co 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 Saturday, Sunday or a public or bank holiday or the equivalent for banks generally under the laws of the State state of New YorkJersey (any other day being a "Business Day"), such payment may bay be due made on the next succeeding business day Business Day, and such next succeeding day extension of time shall in such case be included in the calculation computation of the amount payment of accrued interest payable on such dateinterest.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Birch Financail 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 Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may shall be due made on the next succeeding business day day, and such next succeeding day extension of time shall in such case be included in the calculation computation of payment of interest hereunder or under the amount of accrued interest payable on such date.Note, as the case may be. 2.5
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may shall be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 1 contract
Samples: Subordination Agreement (Fibernet Telecom Group Inc\)
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New placeStateNew York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made ---------------------------- shall be due on a Saturday, Sunday or a public holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 1 contract
Samples: Vertel Corp
Payment on Non-Business Days. Whenever any payment to be made shall be due on a Saturday, Sunday or a public :holiday under the laws of the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.
Appears in 1 contract
Samples: AccessKey IP, Inc.
