Common use of PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS Clause in Contracts

PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever any payment to be made hereunder shall be stated to be due on a day other than a Business Day, such payment shall be 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 fees, as the case may be. In the case of any other action the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 6 contracts

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc), Credit Agreement (Boston Celtics Limited Partnership Ii /De/), Loan Agreement (Samuels Jewelers Inc)

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PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever If any payment to be made hereunder shall be stated to be or under any other Loan Document becomes due on a day other than which is not a Business Day, the due date of such payment shall be made on extended to the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of computing interest or fees, as the case may beand fees in connection with such payment. In the case of any other action the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Gerber Scientific Inc), Credit and Guaranty Agreement (Gerber Scientific Inc)

PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever any payment to be made hereunder shall be stated to be due on a day other than a Business Day, Day such payment shall be 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 feesCommitment Fees, as the case may be. In the case of any other action the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Uno Restaurant Corp)

PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever any payment to be made hereunder shall be stated to be due on a day other than a Business Day, such payment shall be 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 fees, as the case may be. In the case of any other action action, the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (American Skiing Co /Me)

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PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever If any payment to be made hereunder shall be stated to be or under any other Lender Agreement becomes due on a day other than which is not a Business Day, the due date of such payment shall be made on extended to the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or fees, as the case may be, in connection with such payment. In the case of any other action the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Uno Restaurant Corp)

PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS. Whenever If any payment to be made hereunder shall be stated to be or under any other Lender Agreement becomes due on a day other than which is not a Business Day, the due date of such payment shall be made on extended to the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of computing interest or fees, as the case may beand fees in connection with such payment. In the case of any other action the last day for performance of which shall be a day other than a Business Day, the date for performance shall be extended to the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Booth Creek Ski Holdings Inc)

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