Common use of Payments Due on Non Clause in Contracts

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 (Aecom Technology Corp), Note Purchase Agreement (Board of Trade of the City of Chicago Inc)

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Payments Due on Non. Business Days. Anything in this Agreement, any Operative 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 (Hewitt Holdings LLC), Note Purchase Agreement (Hewitt Holdings LLC)

Payments Due on Non. Business Days. 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: Purchase Agreement (Invacare Corp)

Payments Due on Non. Business Days. Anything in this Agreement or the Notes Payments with respect to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest Term Note due on any Note that is due on a date day other than a Business Day shall be made due on the next succeeding Business Day without including Day, with interest continuing to accrue until paid on the additional days elapsed in amount of such payment to the computation of the interest payable on such next succeeding Business Dayextent permitted by law.

Appears in 1 contract

Samples: Term Loan Agreement (Cogen Technologies Inc)

Payments Due on Non. Business Days. Anything in this Agreement or the Notes to the contrary notwithstanding, Whenever any payment of principal of or Make-Whole Amount action to be made or interest on any Note that is taken hereunder shall be stated to be due on a date other than day which is not a Business Day Day, such payment or action shall be made or taken on the next succeeding following Business Day without including the additional days elapsed (except as otherwise expressly provided in the computation Section 3.2(a)), and such extension of the time shall be included in computing interest payable on or fees, if any, in connection with such next succeeding Business Daypayment or action.

Appears in 1 contract

Samples: Credit Agreement (Wentworth J G & Co Inc)

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.. (b)

Appears in 1 contract

Samples: Note Purchase Agreement (Optical Coating Laboratory Inc)

Payments Due on Non. Business Days. Days Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount Citation Payment 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 and shall include 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 (Nestor Inc)

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Payments Due on Non. Business Days. Anything in this Agreement or in 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: Credit Agreement (Lazy Days R.V. Center, Inc.)

Payments Due on Non. Business Days. Anything in this Agreement or the Notes in any other Financing Agreement to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note required hereunder 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.. Section 24.3

Appears in 1 contract

Samples: www.sec.gov

Payments Due on Non. Business Days. Days Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount Prepayment Cost 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 (TFC Enterprises Inc)

Payments Due on Non. Business Days. Anything in this Restructuring 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. If the date for any payment is extended to the next succeeding Business Day without including by reason of the additional days elapsed preceding sentence, the period of such extension shall not be included in the computation of the interest payable on such next succeeding Business Day.

Appears in 1 contract

Samples: Subordinated Note Restructuring Agreement (Prudential Insurance Co of America)

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