Common use of Payment on Nonbusiness Days Clause in Contracts

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day other than a Business Day, such payment may be 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 (Sensient Technologies Corp), Credit Agreement (Xcel Energy Inc), Credit Agreement (Northern States Power Co)

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Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Notes Revolving Credit Note shall be stated to be due on a day other than a Business Day, such the maturity thereof or the date of payment may shall be made on extended to 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: Revolving Loan Agreement (Nutritional High International Inc), Revolving Loan Agreement (Nutritional High International Inc), Revolving Loan Agreement

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Notes Note shall be stated to be due on a day other than which is not a Business Day, such payment may be 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 the Note or the fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Community First Bankshares Inc), Limited Liability Company Agreement (Community First Bankshares Inc)

Payment on Nonbusiness Days. Whenever any payment to be --------------------------- made hereunder or under the Notes any Note shall be stated to be due on a day other than a Bank Business Day, such payment may be 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 (Nationwide Electric Inc)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day other than a Bank Business Day, such payment may be 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)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Term Notes shall be stated to be due on a day other than a Business Day, such payment may be 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 bethereon.

Appears in 1 contract

Samples: Credit Agreement (Sensient Technologies Corp)

Payment on Nonbusiness Days. Whenever any payment to be made hereunder or under the Notes Note shall be stated to be due on a day other than a Bank Business Day, such payment may be 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 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 Notes shall be stated to be due on a day other than a Bank Business Day, such payment may be made on the next succeeding Bank Business Day, and such 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 Notes Note shall be stated to be due on a day other than a Business Day, such payment may be 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 the Note or the fees 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 Notes Note shall be stated to be due on a day other than a Bank Business Day, such payment may be 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 Notes shall be stated to be due on a day other than a Business Day, such payment may be 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 bethereon.

Appears in 1 contract

Samples: Credit Agreement (Sensient Technologies Corp)

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