Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 2 contracts
Samples: Credit Agreement (Bull & Bear Funds Ii Inc), Credit Agreement (Bull & Bear Gold Investors LTD)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under the Notes.
Appears in 2 contracts
Samples: Loan Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder under this Agreement or under the Notes shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement or the Notes.
Appears in 2 contracts
Samples: Credit Agreement (Creative Realities, Inc.), Credit Agreement (Janel Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest hereunder or fees hereunder, as the case may be.
Appears in 2 contracts
Samples: Credit Loan Agreement (Aci Telecentrics Inc), Credit Loan Agreement (Aci Telecentrics Inc)
Payment on Non-Business Days. Whenever any payment to ---------------------------- be made to the Bank hereunder or under the Notes Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 2 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Revolving Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Samples: Credit Agreement (Komag Inc /De/)
Payment on Non-Business Days. Whenever any payment to be made to the Bank ---------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business DayDay and, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of time.extension
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Payment on Non-Business Days. Whenever any payment to be made to the Bank by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may shall be made on the next succeeding Business Day, Day and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall be included in the computation of the payment of interest hereunder and of any of the fees specified in Section 2.5, as the case may be.
Appears in 1 contract
Samples: Credit Agreement (Arden Realty Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be any Note is stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest hereunder or under the Notes or the Unused Commitment Fee, as the case may be.
Appears in 1 contract
Samples: Loan Agreement (NPR Inc)
Payment on Non-Business Days. Whenever any payment to ---------------------------- be made to the Bank hereunder or under any of the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced NMR Systems Inc)
Payment on Non-Business Days. Whenever If any payment to be made to the Bank amount hereunder or under the ---------------------------- Notes shall be stated to be become due on a day which is not a Business Day, such payment may shall be made due on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the compensation of payment of interest. Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.
Appears in 1 contract
Samples: Loan Agreement (Star Scientific Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which that is not a Business Day, such payment may shall be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of and, except as otherwise specifically provided herein, such extension of timetime shall in such case be included in the computation of payment of interest hereunder or under the Note, as the case may be.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes 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 next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under the Notes; notwithstanding the foregoing, in no event shall any payment hereunder or under the Notes be made after the Commitment Termination Date.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be Term Note is stated to be due on a day which is not other than a Business Day, such payment may shall be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest; provided, however, that, if such extension would cause payment of interest on or principal of any Loan to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
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Payment on Non-Business Days. Whenever any payment to ------------ ---------------------------- be made to the Bank hereunder or under the Notes any Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under such Note.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Fee Agreement or under the Revolving Note or the Term Note 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 next succeeding Business DayDay (and if so made, shall be deemed to have been made when due), and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of the payment of interest due hereunder.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under any of the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Loan Agreement (Comforce Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank Lender hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note or any Credit Document 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 next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest.
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Payment on Non-Business Days. Whenever any payment of principal, interest or fees to be made to on the Bank hereunder or under indebtednesses evidenced by the Notes Note shall be stated to be fall due on a day which is not a Business Day, such payment may shall be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Loan Agreement (Direct General Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Revolving Note or Additional Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank ---------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest hereunder or under the Notes.
Appears in 1 contract
Samples: Loan and Security Agreement (Us Xpress Enterprises Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest on the Note.
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Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due on a day which is not date other than a Business Day, such payment may be made on the next succeeding Business Day, Day and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of the interest due on the Note.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under any of the Revolving Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Loan Agreement (Unitrode Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under one of the Notes shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime 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 1 contract
Samples: Loan Agreement (Galaxy Telecom Lp)
Payment on Non-Business Days. Whenever any payment to ---------------------------- be made to the Bank hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, such payment may shall be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which and any applicable fees shall accrue during the period of such extension of timeextension.
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Payment on Non-Business Days. Whenever any payment to be made to ---------------------------- to the Agent or any Bank hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Credit Agreement (Mac-Gray Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due due, on a day which is not a Business Day, such payment may be made on the next succeeding Business DayDay (subject to Section 3.02(b)(iii) hereof), and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of interest, commitment fee or other fee, as the case may be.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made ---------------------------- to the Bank Lender hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Credit Agreement (Benthos Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder -------------------------------- or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, such payment may shall be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of and, except as otherwise specifically provided herein, such extension of timetime shall in such case be included in the computation of payment of interest hereunder or under the Notes or the Fees, as the case may be.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank ---------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Samples: Credit Agreement (P Com Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under the Note.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and and, subject to Section 3.03, interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Loan and Security Agreement (Wire One Technologies Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes ---------------------------- shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Daybusiness day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of provided however that such extension of timetime 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 1 contract
Samples: Subordination Agreement (Ids Jones Growth Partners 87-a LTD/Co/)
Payment on Non-Business Days. Whenever If any payment to be made to the Bank amount hereunder or under the ------------------------------ Notes shall be stated to be become due on a day which is not a Business Day, such payment may shall be made due on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the ---------------------------- Agent or any Bank hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of time.
Appears in 1 contract
Samples: Credit Agreement (Mac-Gray Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank ----------- ---------------------------- hereunder or under the Notes any Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime 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 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Secured Promissory Note shall be stated to be due on a day which is not a Business DaySaturday, Sunday or public holiday, such payment may be made on the next succeeding Business Daybusiness day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime in such case shall be included in the computation of interest hereunder and under the Secured Promissory Note.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime may be included in computing interest or fees, if any, in connection with such payment, provided no Default Rate or penalty shall be construed as applying to such extension period.
Appears in 1 contract
Samples: Revolving Credit Agreement (Northern Star Investment Corp. II)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Revolving Notes shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall be included in computing interest or fees, if any, in connection with such payment.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Revolving Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business DayDay and with respect to payments of principal, and interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Samples: Credit Agreement (Komag Inc /De/)
Payment on Non-Business Days. Whenever any payment to be made to the Bank 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 made on the next succeeding Business Day, and with respect to payments of principal, interest thereon shall be payable on each at the then applicable rate during such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be ---------------------------- made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not other than a Business Day, such payment may be made on the next succeeding Business Day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the compensation of payment of interest.
Appears in 1 contract
Samples: Loan Agreement (Star Scientific Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank ---------------------------- hereunder or under the Notes shall be stated to be Note becomes due on a day which that is not a Business Daybusiness day, the due date for such payment may shall be made on extended to the next succeeding Business Daybusiness day, and interest payable on shall continue to accrue during each such date shall include the amount thereof which shall accrue during the period of such extension of timeextension.
Appears in 1 contract
Payment on Non-Business Days. Whenever Except to the extent otherwise set forth herein, whenever (i) any payment to be made to the Bank hereunder or under the Notes shall be stated to be Note 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 made or such document shall be delivered on the next succeeding Business Day, Day and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall be included in the computation of interest due with any such payment.
Appears in 1 contract
Samples: Loan Agreement (Newmark Homes Corp)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not a Business DaySaturday, Sunday or public 3 holiday, such payment may be made on the next succeeding Business Daybusiness day, and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime in such case shall be included in the computation of interest hereunder and under the Note.
Appears in 1 contract
Samples: Loan Agreement (I Link Inc)
Payment on Non-Business Days. Whenever any payment to be made to the Bank hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment may shall be made on the next succeeding Business Day, Day and interest payable on each such date shall include the amount thereof which shall accrue during the period of such extension of timetime shall in such case be included in the computation of the payment of interest hereunder or under the Note.
Appears in 1 contract