Common use of Payment on Nonbusiness Days Clause in Contracts

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note shall be stated to be due on a day other than a Business Day, the maturity thereof or the date of payment shall be extended to the next succeeding Business Day.

Appears in 3 contracts

Samples: Revolving Loan Agreement (Nutritional High International Inc), Revolving Loan Agreement (Nutritional High International Inc), Revolving Loan Agreement

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Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note Notes shall be stated to be due on a day other than a Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Business Day, and such extension of time shall in each case be included in the computation of payment of interest on such Note or the fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Northern States Power Co), Credit Agreement (Sensient Technologies Corp), Credit Agreement (Xcel Energy Inc)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note shall be stated to be due on a day other than which is not a Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Business Day, and such extension of time shall in each case be included in the computation of payment of interest on the Note or the fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Computer Access Agreement (Community First Bankshares Inc), Computer Access Agreement (Community First Bankshares Inc)

Payment on Nonbusiness Days. Whenever any payment to be --------------------------- made hereunder or under the Revolving Credit any Note shall be stated to be due on a day other than a Bank Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Bank Business Day, and such extension of time shall in each case be included in the computation of interest on such Note or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Electric Inc)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note shall be stated to be due on a day other than a Bank Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Bank Business Day, and such extension of time shall in each case be included in the computation of payment of interest on such Note or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Arctic Cat Inc)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note Term Notes shall be stated to be due on a day other than a Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Business Day, and such extension of time shall in each case be included in the computation of payment of interest thereon.

Appears in 1 contract

Samples: Credit Agreement (Sensient Technologies Corp)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note shall be stated to be due on a day other than a Bank Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Bank Business Day, and such extension of time shall in each case be included in the computation of payment of interest on the Note or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Term Credit Agreement (Sa Telecommunications Inc /De/)

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Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note Notes shall be stated to be due on a day other than a Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Business Day, and such extension of time shall in each case be included in the computation of payment of interest thereon.

Appears in 1 contract

Samples: Credit Agreement (Sensient Technologies Corp)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note shall be stated to be due on a day other than a Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Business Day, and such extension of time shall in each case be included in the computation of interest on the Note or any other amounts hereunder, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Telvent Git S A)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note Notes shall be stated to be due on a day other than a Bank Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Bank Business Day, and such, extension of time shall in each case be included in the computation of payment of interest on such Note or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Albecca Inc)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Revolving Credit Note Notes shall be stated to be due on a day other than a Bank Business Day, the maturity thereof or the date of such payment shall may be extended to made on the next succeeding Bank Business Day, and such extension of time shall in each case be included in the computation of payment of interest on such Note or the fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Northwest Teleproductions Inc)

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