Common use of Payments Due on Non-Business Days; When Payments Deemed Received Clause in Contracts

Payments Due on Non-Business Days; When Payments Deemed Received. (a) Payments Due on Non-Business Days. Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 2 contracts

Samples: Note Purchase Agreement (Nfo Worldwide Inc), Shaw Group Inc

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Payments Due on Non-Business Days; When Payments Deemed Received. (a) Payments Due on Non-Business Days. Anything in this Agreement or the Notes Financing Documents to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 1 contract

Samples: Note Purchase Agreement (Kroll O Gara Co)

Payments Due on Non-Business Days; When Payments Deemed Received. (a) Payments Due on Non-Business Days. Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 1 contract

Samples: Note Purchase Agreement (Burlington Coat Factory Warehouse Corp)

Payments Due on Non-Business Days; When Payments Deemed Received. (a) Payments Due on Non-Business Days. Anything in this Agreement or --------------------------------- the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 1 contract

Samples: Note Purchase Agreement (Circor International Inc)

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Payments Due on Non-Business Days; When Payments Deemed Received. (a) Payments a)Payments Due on Non-Business Days. Anything DaysAnything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 1 contract

Samples: WLR Foods Inc

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