Common use of Payments Due on Non-Business Days Clause in Contracts

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan shall be a day other than a Business Day, then such payment 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 such date, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Day.

Appears in 13 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Payments Due on Non-Business Days. In If the date fixed for any case where a date of payment with respect to the Funding Loan on any Pass- Through Certificate shall be a day other than which is not a Business Day, then such payment need not be made on such date date, but may be made on the next succeeding day which is a Business Day Day, with the same force and effect as if though made on the date fixed for such datepayment, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 7 contracts

Samples: Pass Through Certificates Master Trust Agreement, Pass Through Certificates Master Trust Agreement, Pass Through Certificates Master Trust Agreement

Payments Due on Non-Business Days. In If any case where a date of payment with respect to under the Funding Loan shall be Documents becomes due on a day other than which is not a Business Day, then the due date of such payment need not shall be made on such date but may be made on extended to the next succeeding Business Day with the same force and effect as if made on such dateDay, and no such extension of time shall be included in computing interest shall accrue for the period after and fees in connection with such date provided that payment is made on such next succeeding Business Daypayment.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Sheridan Group Inc), Revolving Credit Agreement (Dingley Press, Inc.), Revolving Credit Agreement (Sheridan Group Inc)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal or any premium, if any, or interest shall be made on the next succeeding Business Day with at the relevant place of payment. Any payment made on a date other than the maturity date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datethe date of maturity of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 3 contracts

Samples: First Supplemental Indenture (Jamaica Government Of), Indenture (Peru Republic Of), First Supplemental Indenture (Republic of Chile)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment of principal or interest need not be made on such date but may be made on the next succeeding Business Day with Day. Any payment made on a date other than the maturity date as set forth in the Bonds shall have the same force and effect as if made on such datethe date of maturity, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 3 contracts

Samples: Fiscal Agency Agreement (Republic of Chile), Fiscal Agency Agreement (Republic of Chile), Fiscal Agency Agreement (Republic of Chile)

Payments Due on Non-Business Days. In After the Conversion Date, in any case where a the date of for any payment with respect required to be made hereunder or under the Funding Loan Indenture shall not be a day other than a Business Day, then such payment 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 fixed for such datepayment, and if such payment is made on the next succeeding Business Day no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 3 contracts

Samples: Loan Agreement (Sterigenics International), Loan Agreement (Sterigenics International), Loan Agreement (Sterigenics International)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal or any premium, if any, or interest or any other amounts, including Additional Amounts, shall be made on the next succeeding Business Day with Day. Any payment so made on a date other than the Payment Date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datePayment Date of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business DayPayment Date.

Appears in 3 contracts

Samples: Indenture (Republic of Indonesia), Indenture (Republic of Indonesia), Indenture (Republic of Argentina)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal, premium, if any, or interest shall be made on the next succeeding Business Day with at the relevant place of payment. Any payment made on a date other than the maturity date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datethe date of maturity of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 2 contracts

Samples: Indenture (Republic of Colombia), First Supplemental Indenture (Republic of Colombia)

Payments Due on Non-Business Days. In If the date fixed for any case where a date of payment with respect to the Funding Loan on any Pass-Through Certificate shall be a day other than which is not a Business Day, then such payment need not be made on such date date, but may be made on the next succeeding day which is a Business Day Day, with the same force and effect as if though made on the date fixed for such datepayment, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 2 contracts

Samples: Pass Through Certificates Master Trust Agreement, Master Trust Agreement

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal or any premium, if any, or interest shall be made on the next succeeding Business Day with Day. Any payment so made on a date other than the Payment Date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datePayment Date of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business DayPayment Date.

Appears in 2 contracts

Samples: Indenture (Uruguay Republic Of), Indenture

Payments Due on Non-Business Days. In If the date for making any case where a date payment or the last day for performance of payment with respect to any act or the Funding Loan shall be a day other than exercising of any right, as provided in this Lease, is not a Business Day, then such payment need not be made on such date but may be made or act performed or right exercised on the next succeeding day that is a Business Day with the same force and effect as if made done on such date, and no interest shall accrue for the period after such nominal date provided that payment is made on such next succeeding Business Dayin this Lease.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Payments Due on Non-Business Days. In If any case where payment of moneys hereunder is due on a date of payment with respect to the Funding Loan shall be a day other than a Business DayDay (the "due date"), then such that payment need not be made on such date the due date, but may be made on the next succeeding Business Day with the same force and effect as if that payment were made on such the due date, and in such case no interest shall accrue for the period after from such date provided that payment is made on such next succeeding Business Daydue date.

Appears in 2 contracts

Samples: Loan Agreement (Kti Inc), Loan Agreement (Bangor Hydro Electric Co)

Payments Due on Non-Business Days. In If the date fixed for any case where a date of payment with respect to the Funding Loan on any I- REMIC Interests shall be a day other than which is not a Business Day, then such payment need not be made on such date date, but may be made on the next succeeding day which is a Business Day Day, with the same force and effect as if though made on the date fixed for such datepayment, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 2 contracts

Samples: Internal Remic Master Trust Agreement, Internal Remic Master Trust Agreement

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal (or premium, if any), or interest shall be made on the next succeeding Business Day with at the relevant place of payment. Any payment made on a date other than the maturity date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datethe date of maturity of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 2 contracts

Samples: Indenture (Federative Republic of Brazil), Indenture (Federative Republic of Brazil)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment of principal or interest need not be made on such date but may be made on the next succeeding Business Day with Day. Any payment made on a date other than the maturity date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datethe date of maturity of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 1 contract

Samples: Trust Indenture (Uruguay Republic Of)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan shall be a day other than a Business Day, then such payment 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 such date, and no interest shall accrue for the period from and after such date provided that payment is made on such next succeeding Business Day.

Appears in 1 contract

Samples: Funding Loan Agreement

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Loans shall be a day other than a Business Day, then such payment 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 such date, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Day.

Appears in 1 contract

Samples: Funding Loan Agreement

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Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan any Bonds shall be a day other than a Business Day, then such payment 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 such date, and no interest shall accrue for the period after such date provided providing that payment is made on such next succeeding Business Day.

Appears in 1 contract

Samples: Trust Indenture

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment of principal or interest need not be made on such date date, but may be made on the next succeeding Business Day. Any payment so made on such next succeeding Business Day with shall have the same force and effect as if made on such datePayment Date, and no interest shall accrue on account of such delay for the period after such date provided that payment is made on such next succeeding Business DayPayment Date.

Appears in 1 contract

Samples: Indenture

Payments Due on Non-Business Days. In If the date fixed for any case where a date of payment with respect to the Funding Loan on any WI Certificate shall be a day other than which is not a Business Day, then such payment need not be made on such date date, but may be made on the next succeeding day which is a Business Day Day, with the same force and effect as if though made on the date fixed for such datepayment, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 1 contract

Samples: Master Trust Agreement

Payments Due on Non-Business Days. In Except as specifically provided otherwise in a Supplemental Indenture, any case where a date of payment with respect to the Funding Loan shall be or transfer that would otherwise become due on a day other than that is not a Business Day, then such payment Day need not be made on such date day but may shall be made on the next succeeding Business Day Day, with the same force and effect as if made on such datethe date due, and no interest shall accrue for the period from and after such the date provided that payment is made on such next succeeding Business Daydue.

Appears in 1 contract

Samples: Master Indenture

Payments Due on Non-Business Days. In If the date fixed for any case where a date of payment with respect to the Funding Loan on any I-REMIC Interests shall be a day other than which is not a Business Day, then such payment need not be made on such date date, but may be made on the next succeeding day which is a Business Day Day, with the same force and effect as if though made on the date fixed for such datepayment, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 1 contract

Samples: Multifamily Internal Remic Master Trust Agreement

Payments Due on Non-Business Days. In any case where the date on which a date of payment with respect to is due under the Funding Loan Combined Bond Contract shall not be a business day other than a Business Dayat any place of payment, then such (notwithstanding any other provision of this Indenture) a payment of interest or principal need not be made at such place of payment on such date date, but may be made on the next succeeding Business Day business day at such place of payment with the same force and effect as if made on such date, and provided that no interest shall will accrue for the period from and after such date provided that payment is made on such next succeeding Business Daydate.

Appears in 1 contract

Samples: Indenture (Publicis Groupe Sa)

Payments Due on Non-Business Days. In any case where a date of payment with respect to in which the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment of principal or interest need not be made on such date but may be made on the next succeeding Business Day. Any payment made pursuant to this Section 11.07 on such next succeeding Business Day with shall have the same force and effect as if made on such the due date, and no interest shall accrue with respect to such payment for the period from and after such date provided that payment is made on such not a Business Day to the next succeeding Business Day.

Appears in 1 contract

Samples: Indenture (PCCW LTD)

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan any Bonds shall be a day other than a Business Day, then such payment 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 such date, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business Day.

Appears in 1 contract

Samples: Trust Indenture

Payments Due on Non-Business Days. In any case where a date of payment with respect to the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment need not be made on such date but may of principal or any premium, if any, or interest shall be made on the next succeeding Business Day with at the relevant place of payment. Any payment so made on a date other than the Payment Date as set forth in the Debt Securities of a Series shall have the same force and effect as if made on such datePayment Date of that Series, and no interest shall accrue for the period after such date provided that payment is made on such next succeeding Business DayPayment Date.

Appears in 1 contract

Samples: Indenture

Payments Due on Non-Business Days. In any case where a date of payment with respect to in which the Funding Loan Payment Date shall not be a day other than a Business Day, then such payment of principal or interest need not be made on such date but may be made on the next succeeding Business Day. Any payment made pursuant to this Section 11.07 on such next succeeding Business Day with shall have the same force and effect as if made on such me due date, and no interest shall accrue with respect to such payment for the period from and after such date provided that payment is made on such not a Business Day to the next succeeding Business Day.

Appears in 1 contract

Samples: Indenture (PCCW LTD)

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