PAYMENTS DUE ON SATURDAY, SUNDAY OR LEGAL HOLIDAYS Sample Clauses

PAYMENTS DUE ON SATURDAY, SUNDAY OR LEGAL HOLIDAYS. If an interest payment date for this Debenture, or a date fixed for payment or prepayment of all or a portion of this Debenture shall be a Saturday, Sunday or, in Dallas, Texas, a legal holiday or a day on which banking institutions are authorized or required by law or executive order to close or remain closed, then any such payment need not be made on such date but may be made on the next succeeding day which is not a Saturday, Sunday, or in such city, a legal holiday or a day on which banking institutions are closed, with the same force and effect as if made on such required payment date.
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PAYMENTS DUE ON SATURDAY, SUNDAY OR LEGAL HOLIDAYS. In case the Dividend Date for the Preferred Stock, or a date fixed for redemption of such stock shall be a Saturday, Sunday or, in New York, N.Y. a legal holiday or a day on which executive order to close or remain closed, the payment of any dividend on the Preferred Stock or the making of a redemption on such stock need not be made on such date but may be made on the next succeeding day not a Saturday, Sunday, or in such city, a legal holiday or a day on which banking institutions are closed, with the same force and effect as if made on such Dividend Date or date fixed for redemption." And it was further RESOLVED, that the statements contained in the foregoing resolutions setting forth and fixing the Certificate of Powers, Designations, Preferences and Relative, Participating, Optional or Other Special Rights of the 8% Cumulative Convertible Preferred Stock and the Qualifications, Limitations, or Restrictions, of the 8% Cumulative Convertible Preferred Stock and fixing the powers, designations, preferences and relative, participating, optional or other special rights and the qualifications, limitations, or restrictions thereof shall be deemed to be included in and be a part of the Certificate of Incorporation of Gulf Energy & Development Corporation pursuant to the provisions of Sections 104, 151 and 242 of the Delaware General Corporation Law.
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Related to PAYMENTS DUE ON SATURDAY, SUNDAY OR LEGAL HOLIDAYS

  • Holidays on Saturday or Sunday When a holiday falls on a Saturday, the preceding workday not a holiday shall be deemed to be that holiday. When a holiday falls on Sunday, the following workday not a holiday shall be deemed to be that holiday.

  • Payments Due on Legal Holidays In any case where the date of maturity of interest on or principal of and premium, if any, on the Debt Securities of a series or the date fixed for redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a Business Day at any Place of Payment for the Debt Securities of such series, then payment of interest or principal and premium, if any, or the making of such sinking fund payment need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.

  • Holiday Falling on Saturday or Sunday For an employee whose normal workweek is from Monday to Friday and when any of the above-noted holidays falls on a Saturday and is not proclaimed as being observed on another day, the following Monday will be deemed to be the holiday. When a holiday falls on a Sunday and it is not proclaimed as being observed on another day, the following Monday (or Tuesday, where the preceding section already applies), will be deemed to be the holiday for the purpose of this agreement.

  • Holidays Falling on Saturday or Sunday ‌ For an employee whose workweek is from Monday to Friday, and when any of the above-noted holidays falls on a Saturday and is not proclaimed as being observed on some other day, the following Monday shall be deemed to be the holiday for the purpose of this agreement; when a holiday falls on a Sunday and it is not proclaimed as being observed on some other day, the following Monday (or Tuesday, where the preceding section already applies to the Monday), shall be deemed to be the holiday for the purpose of this agreement.

  • Payments Due on Saturdays, Sundays and Holidays If the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of interest or principal 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 shall accrue for the period after such date.

  • Saturday and Sunday Work Week: Five (5) consecutive days per week, Sunday to Saturday. Work Day: Seven and one-half (7 1/2) hours per day. Any shift starting after 12:01 p.m. will receive a shift premium in accordance with Article 13.01 ii).

  • Legal Holiday If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) 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 on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • Saturday Sunday and designated paid holidays shall not be counted in determining the time within which any action is to be taken or completed under the grievance procedure.

  • Sunday Employees at the Maine State Prison shall be eligible for a weekend differential of fifty cents ($.50) per hour to the base for shifts beginning between 8:30 p.m. Friday and 8:29 p.m. Sunday.

  • Saturday and Sunday Work (a) Where an employee is rostered to work ordinary hours between midnight Friday and midnight Saturday, the employee will be paid a loading of 50% of their ordinary rate of pay for the hours worked during this period. (b) Where an employee is rostered to work ordinary hours between midnight Saturday and midnight Sunday, all employees excluding home care employees will be paid a loading of 75% of their ordinary rate of pay for the hours worked during this period. (c) Casual employees will be paid in accordance with Clauses 35(a) and 35(b). The rates prescribed in Clauses 35(a) and 35(b) will be in substitution for and not cumulative upon the casual loading prescribed in Clause 12.5(b). (d) These extra rates will be in substitution for and not cumulative upon the shift penalties prescribed at Clause 38 Shiftwork.

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