Payments Due on Days other than Business Days. If a payment day is not a Business Day at the place of payment, then payment may be made at that place on the next Business Day and no interest shall accrue for the intervening period.
Appears in 6 contracts
Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Lannett Co Inc), Trust Indenture (Piercing Pagoda Inc)
Payments Due on Days other than Business Days. If Any payment due under the terms of this Note on a payment day is not other than a Business Day at the place of payment, then payment may be made at that place on the next succeeding Business Day Day, and no any interest payable on such date shall accrue for the intervening periodinclude interest accrued to, but not including, such Business Day.
Appears in 3 contracts
Samples: Collateral Agency Agreement (Dr. Tattoff, Inc.), Collateral Agency Agreement (Dr. Tattoff, Inc.), Dr. Tattoff, Inc.
Payments Due on Days other than Business Days. If a payment day under this Indenture or with respect to Bonds is due on a date that is not a Business Day at the place of paymentDay, then payment may be made at that place on the next day that is a Business Day and no interest shall accrue for the intervening period.
Appears in 2 contracts
Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)
Payments Due on Days other than Business Days. If a payment day or the day for performing any act is not a Business Day at the place of paymentDay, then payment may be made at that place or such act performed on the next Business Day and no interest shall accrue for the intervening period.
Appears in 1 contract
Samples: Indenture
