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

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 5 contracts

Samples: Universal Warrant Agreement (Morgan Stanley Group Inc /De/), Universal Warrant Agreement (Dean Witter Discover & Co), Universal Warrant Agreement (Morgan Stanley Dean Witter & Co)

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Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 3 contracts

Samples: Warrant Agreement (Deutsche Bank Aktiengesellschaft), Warrant Agreement (Morgan Stanley Capital Trust VIII), Warrant Agreement (Morgan Stanley)

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such datedate (unless otherwise specified).

Appears in 2 contracts

Samples: Warrant Agreement (Morgan Stanley Finance LLC), Warrant Agreement (Morgan Stanley Capital Trust Iv)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise specified in the applicable Warrant Certificate, if the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below)Day, then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 2 contracts

Samples: Warrant Agreement (Toronto Dominion Bank), Warrant Agreement (Toronto Dominion Bank)

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any of payment with respect to of the Universal Warrants Securities of any series appertaining thereto shall not be a Business Day (as defined below)Day, then such payment of money due 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, and no interest shall accrue for the period after such dateof payment (unless otherwise specified).

Appears in 2 contracts

Samples: Paying Agent, Registrar & Transfer Agent and Authenticating Agent Agreement (JPMorgan Chase Financial Co. LLC), Warrant Indenture (JPMorgan Chase Financial Co. LLC)

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Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), 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, and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Universal Warrant Agreement (J P Morgan Chase & Co)

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for making any payment with respect to payment, or the Universal Warrants last date for the performance of any series appertaining thereto act or the exercise of any right, as provided in this Indenture, shall not be a Business Day (as defined below)Day, then such payment need not be made on such date, but may be made made, act performed or right exercised on the next succeeding Business Day with the same force and effect as if made done on the nominal date fixedprovided in this Indenture, and no interest shall accrue for the period after such nominal date.

Appears in 1 contract

Samples: Trust Indenture

Payments Due on Saturdays, Sundays and Holidays. If When the date fixed for on which any payment with respect to the Universal Warrants of any series appertaining thereto is due hereunder shall not be a Business Day (as defined below)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, fixed for such payment and no additional interest shall accrue for the period after because of such datepayment occurring on said next Business Day.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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