Common use of Payments on a Business Day Clause in Contracts

Payments on a Business Day. If a payment is due on a day which is not a Business Day, the due date for that payment is the next Business Day in the same calendar month or, if none, the preceding Business Day, and interest must be adjusted accordingly.

Appears in 16 contracts

Samples: Facility Agreement (Paringa Resources LTD), Paringa Resources LTD, Facility Agreement (Bullfrog Gold Corp.)

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Payments on a Business Day. If a payment is due on a day which is not a Business Day, the due date for that payment is the next Business Day in the same calendar month or, if none, the preceding Business Day, and interest must be adjusted accordingly.

Appears in 12 contracts

Samples: Funding Facility Agreement (Me Portfolio Management LTD), Redraw Funding Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD)

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Payments on a Business Day. If a payment is due on a day which is not a Business Day, the due date for that payment is the next Business Day in the same calendar month ormonth, or if none, the preceding Business Day, and interest must be adjusted accordingly.

Appears in 2 contracts

Samples: Working Capital Agreement (Resmed Inc), Resmed Inc

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