Payments Due on Days other than Business Days. In any case where the date of maturity of principal of or interest, if any, on the Bonds or the date fixed for redemption of any Bonds is not a Business Day, then payment of principal or interest, if any, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest, if any, shall continue to accrue for the period after such date.
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Samples: Lease Agreement, Lease Agreement, Memorandum of Lease Agreement
Payments Due on Days other than Business Days. In any case where the date of maturity of interest on or principal of or interest, if any, on the Bonds or the date fixed for redemption of any the Bonds is not shall be a day other than a Business Day, then payment of interest or principal or interest, if any, need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest, if any, provided that interest shall continue to accrue for the period after of any such dateextension.
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Payments Due on Days other than Business Days. In After the Conversion Date, in any case where the date of maturity of principal of or interest, if any, interest on the Bonds or the date fixed for redemption of any Bonds is shall not be a Business Day, then payment of interest or principal or interest, if any, and any premium need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, redemption and if made on such next succeeding Business Day no interest, if any, additional interest shall continue to accrue for the period after such date.
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