Common use of Payments Due on Non Clause in Contracts

Payments Due on Non. Business Days --------------------------------- If any payment on the Bonds is due on a day which is not a Business Day, such payment may be made on the first succeeding day which is a Business Day with the same effect as if made on the original due date.

Payments Due on Non. Business Days BUSINESS DAYS --------------------------------- If any payment on the Bonds Notes is due on a day which is not a Business Day, such payment may be made on the first succeeding day which is a Business Day with and interest shall accrue and be payable for the same effect as if made on period to the original due datethen next succeeding Business Day.

Payments Due on Non. Business Days --------------------------------- If any payment on the Bonds Notes is due on a day which is not a Business Day, such payment may be made on the first succeeding day which is a Business Day with the same effect as if made on the original due dateday such payment was due.