Common use of Payments Due on Saturdays, Sundays and Holidays Clause in Contracts

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.

Appears in 68 contracts

Samples: Indenture (Astrazeneca PLC), Indenture (Astrazeneca PLC), Indenture (Smith & Nephew PLC)

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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.

Appears in 24 contracts

Samples: Indenture (Home Depot Inc), Indenture (Zd Inc), Indenture (Republic Group Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of or interest, if any, on the Securities of any series or the date fixed for redemption redemption, purchase or repayment of any such Security shall not be a Business Day, then payment of interest interest, if any, premium, if any, 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 purchase or repayment, and, in the case of payment, no interest shall accrue for the period after such date.

Appears in 20 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity Stated Maturity of interest on or principal of the Securities of any a particular 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 with respect to such Securities 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.

Appears in 10 contracts

Samples: Indenture (Western Digital Corp), Indenture (Western Digital Technologies Inc), Indenture (Axsome Therapeutics, Inc.)

Payments Due on Saturdays, Sundays and Holidays. If In any case where the date of maturity of interest on or principal of the Securities of any series Bonds or the date fixed for purchase or redemption or repayment of any such Security Bonds shall not be a Business Day, then payment of principal, Purchase Price, premium, if any, or interest or principal need not be made on such date, 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 purchase or redemption, and no interest shall accrue for the period after such date.

Appears in 8 contracts

Samples: Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise specified in the certificate representing the Securities of a Series, the date of maturity Maturity of interest on or principal of the Securities of any series 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 Maturity or the date fixed for redemption, and no interest shall accrue for the period after such date.

Appears in 7 contracts

Samples: Senior Indenture (Markel Corp), Senior Indenture (ALTERRA CAPITAL HOLDINGS LTD), Subordinated Indenture (Alterra Finance LLC)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon 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 with respect to such interest payment shall accrue for the period after such dateintervening period.

Appears in 7 contracts

Samples: Senior Indenture (Enstar Finance LLC), Subordinated Indenture (Enstar Finance LLC), Junior Subordinated Indenture (Enstar Group LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto 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 redemptionredemption or repayment, and no interest shall accrue for the period after such date.

Appears in 7 contracts

Samples: Senior Indenture (Freeport McMoran Copper & Gold Inc), Subordinated Indenture (McMoran Exploration Co /De/), Subordinated Indenture (Freeport McMoran Copper & Gold Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series Notes or the date fixed for redemption or repayment of any such Security Note 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 redemptionredemption or repayment, and no interest shall accrue for the period after such date.

Appears in 6 contracts

Samples: Indenture (Boardwalk Pipeline Partners, LP), Indenture (Boardwalk Pipeline Partners, LP), Indenture (Boardwalk Pipelines Lp)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any a particular 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 with respect to such Securities 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.

Appears in 6 contracts

Samples: Indenture (Home Depot Inc), Indenture (Thomas Properties Group Inc), Indenture (Dendreon Corp)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities Notes of any either series or the date fixed for redemption or repayment of any such Security Note 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.

Appears in 5 contracts

Samples: Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series Notes or the date fixed for redemption or repayment of any such Security Note 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.

Appears in 4 contracts

Samples: Second Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Second Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Second Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series Notes or the date fixed for redemption or repayment of any such Security Note 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.

Appears in 4 contracts

Samples: First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Indenture (Williams Communications Group Inc), Indenture (Williams Communications Group Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities Notes of any series or the date fixed for redemption or repayment of any such Security Note 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.

Appears in 4 contracts

Samples: Fourth Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Fourth Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Third Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Debt Securities of any series or the date fixed for redemption or repayment of any such Debt 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.

Appears in 4 contracts

Samples: Subordinated Indenture (Financial Security Assurance Holdings LTD/Ny/), Trust Indenture (Financial Security Assurance Holdings LTD/Ny/), Subordinated Indenture (Financial Security Assurance Holdings LTD/Ny/)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity Maturity of interest on or principal of the Securities of any a particular 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 with respect to such Securities 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 Maturity or the date fixed for redemption, and no interest shall accrue for the period after such date.

Appears in 3 contracts

Samples: Indenture (Lexmark International Inc /Ky/), Indenture (Best Buy Co Inc), Indenture (Lexmark International Inc /Ky/)

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

Appears in 3 contracts

Samples: Indenture (Edison Mission Finance Co), Indenture (Edison Mission Energy), Indenture (Edison Mission Energy)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal principal, Change of Control purchase price, or premium, if any, 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 interest, principal, Change of Control purchase price or principal premium 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.

Appears in 3 contracts

Samples: Indenture (NRG Energy Inc), Senior Debt Securities Indenture (NRG Energy Inc), Indenture (NRG Energy Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series Notes or the date fixed set for redemption or repayment of any such Security Note 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 set for redemption, or repayment, as the case may be, and no interest shall accrue for the period after such date.

Appears in 3 contracts

Samples: Eighth Supplemental Subordinated Indenture (Deutsche Bank Aktiengesellschaft), Sixth Supplemental Subordinated Indenture (Deutsche Bank Aktiengesellschaft), Fourth Supplemental Subordinated Indenture (Deutsche Bank Aktiengesellschaft)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities Notes of any series or the date fixed for redemption or repayment of any such Security Note 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.

Appears in 3 contracts

Samples: Second Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), Second Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD)

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 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.

Appears in 3 contracts

Samples: Indenture (Universal Health Realty Income Trust), Indenture (Emerson Electric Co), Indenture (Emerson Electric Co)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise specified in a Security, if the date of maturity of interest on or principal of the Securities of any series 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.

Appears in 3 contracts

Samples: Indenture (Wellpoint Health Networks Inc /Ca/), Indenture (FMC Corp), Indenture (Wellpoint Health Networks Inc /Ca/)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series Debentures or the date fixed for redemption or repayment repurchase of any such Security Debenture 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 redemptionredemption or repurchase, and no interest shall accrue for the period after such date.

Appears in 3 contracts

Samples: First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), First Supplemental Senior Indenture (Teva Pharmaceutical Industries LTD), First Supplemental Senior Indenture (Amarin Corp Plc\uk)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon 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 redemptionredemption or repayment, and no interest shall accrue for the period after such date.

Appears in 2 contracts

Samples: Indenture (Premark International Inc), Indenture (Illinova Corp)

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 datedate (unless otherwise specified).

Appears in 2 contracts

Samples: Indenture (Becton Dickinson & Co), Indenture (Cardinal Health Inc)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise provided in a Board Resolution or Officer’s Certificate, 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.

Appears in 2 contracts

Samples: Indenture (Exelon Corp), Indenture (Exelon Generation Co LLC)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal 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 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.

Appears in 2 contracts

Samples: Indenture (Loop Media, Inc.), Indenture (Formfactor Inc)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise provided in an Authorizing Resolution or Officer’s Certificate, 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.

Appears in 2 contracts

Samples: Indenture (Exelon Generation Co LLC), Indenture (Exelon Generation Co LLC)

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 additional interest shall accrue for the period after such date.

Appears in 2 contracts

Samples: Indenture (Shapeways Holdings, Inc.), Indenture (PayPal Holdings, Inc.)

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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.

Appears in 2 contracts

Samples: Trust Indenture (First Responder Systems & Technology Inc.), Trust Indenture (First Responder Systems & Technology Inc.)

Payments Due on Saturdays, Sundays and Holidays. If the Maturity date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the Redemption Date or the date fixed for redemption or of repayment of any such Security or Coupon 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 Maturity date of maturity or the date fixed for redemptionRedemption Date, and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Scottish Annuity & Life Holdings LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal 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 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.

Appears in 1 contract

Samples: Indenture (Cone Mills Corp)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon 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, redemption and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Indenture (Nyc Newco Inc)

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.

Appears in 1 contract

Samples: Indenture (C Cor Net Corp)

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 (notwithstanding any other provision of this Indenture or of the Securities) payment of such 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 redemptionredemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 1 contract

Samples: Indenture (CMS Energy Trust Ii)

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 with respect to such Securities 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 datedate unless otherwise specified.

Appears in 1 contract

Samples: Indenture (Honeywell International Inc)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon shall not be a Business Day, then payment of interest or principal need not be made on such date, 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, redemption and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Indenture (Norfolk Southern Railway Co /Va/)

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 on such payment for the period after such date.

Appears in 1 contract

Samples: Debt Indenture (Transcanada Pipelines LTD)

Payments Due on Saturdays, Sundays and Holidays. If the date ----------------------------------------------- of maturity of interest on or principal principal, or premium, if any, 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 interest, principal, or principal premium 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.

Appears in 1 contract

Samples: Indenture (Amerenenergy Generating Co)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise specified in a Security, if the date of maturity of interest on or principal of the Securities of any series 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.

Appears in 1 contract

Samples: Indenture (Fluor Corp)

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 affect 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.

Appears in 1 contract

Samples: Indenture (Vishay Intertechnology Inc)

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 repurchase 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 redemptionrepurchase, and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Indenture (Allstate Financial Corp /Va/)

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 redemptionredemption or repayment, and no interest shall accrue on the payment so deferred for the period after such date.

Appears in 1 contract

Samples: Indenture (Murphy Oil Corp /De)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any a particular 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 with respect to such Securities 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 datedate (unless otherwise specified).

Appears in 1 contract

Samples: Indenture (Home Depot Inc)

Payments Due on Saturdays, Sundays and Holidays. If the ----------------------------------------------- date of maturity due for payment 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.

Appears in 1 contract

Samples: Indenture (Danbury Pharmacal Puerto Rico Inc)

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 105 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.

Appears in 1 contract

Samples: Indenture (Vencor Inc)

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 Daybusiness day at the place or places designated for payment in respect of such Securities, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day 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.

Appears in 1 contract

Samples: Indenture (Tyme Technologies, Inc.)

Payments Due on Saturdays, Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto 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.

Appears in 1 contract

Samples: Indenture (J P Morgan Chase & Co)

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