Common use of PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY Clause in Contracts

PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY. If any payment to be made on or under this Term Note is stated to be due or becomes due and payable on a day other than a Business Day, the due date thereof shall be extended to, and such payment shall be made on, the next succeeding Business Day, and such extension of time in such case shall be included in the computation of payment of any interest (at the interest rate then in effect during such extension) and/or fees, as the case may be.

Appears in 7 contracts

Samples: Term Note (Access Worldwide Communications Inc), Ramsay Managed Care Inc, PMR Corp

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PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY. If any payment to be made on or under this Term Revolving Note is stated to be due or becomes due and payable on a day other than a Business Day, the due date thereof shall be extended to, and such payment shall be made on, the next succeeding Business Day, and such extension of time in such case shall be included in the computation of payment of any interest (at the interest rate then in effect during such extension) and/or fees, as the case may be.

Appears in 4 contracts

Samples: Revolving Note (Access Worldwide Communications Inc), Women First Healthcare Inc, Corrpro Companies Inc /Oh/

PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY. If any payment to be made on or under this Term Note is stated to be due or becomes due and payable on a day other than a Business Day, the due date thereof shall be extended to, and such payment shall be made on, the next succeeding Business Day, and such extension of time in such case shall be included in the computation of payment of any interest (at the interest rate then in effect during such extension) and/or fees, as the case may be.

Appears in 4 contracts

Samples: Loan and Security Agreement (FinServ Acquisition Corp.), Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Occupational Health & Rehabilitation Inc

PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY. If any payment to be made on or under this Term Note is stated to be due or becomes the Bank would become due and payable on a day other than a Business Day, the due date thereof shall be extended to, and such payment shall be made on, instead become due on the next succeeding Business Day, Day and such extension of time in such case interest shall be included in the computation of payment of any interest (payable thereon at the interest rate then in effect herein specified during such extension) and/or fees, as the case may be.

Appears in 2 contracts

Samples: Continuing Covenants Agreement, Continuing Covenants Agreement

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PAYMENTS DUE ON A DAY OTHER THAN A BUSINESS DAY. If any payment to be made on or under this Term Note is stated to be due or becomes due and payable on a day other than a Business Day, the due date thereof shall be extended to, and such payment shall be made on, the next succeeding Business Day, and such extension of time in such case shall be included in the computation of payment of any interest (at the interest rate then in effect during such extension) and/or fees, as the case may be.. [Zibby]– Form of Term Note

Appears in 1 contract

Samples: Loan and Security Agreement (FinServ Acquisition Corp.)

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