Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the payment or payments due shall be made on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 4 contracts
Samples: Agreement (Top Ships Inc.), Loan Agreement (FreeSeas Inc.), Credit Agreement (Paragon Shipping Inc.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the payment or payments due shall be made on the next following first Banking Day unless such Banking Day thereafter, provided that this falls in the next same calendar month in which case payment month. If it does not, payments shall fall due and be made on the immediately preceding last Banking DayDay before the said due date.
Appears in 3 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Agreement (Euroseas Ltd.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the due payment or payments due shall be made on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the that payment or payments due shall be made on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the that payment or payments due shall be made on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the that payment or payments due shall be made on the next following first Banking Day unless such Banking Day thereafter, provided that this falls in the next same calendar month in which case payment month. If it does not, payments shall fall due and be made on the immediately preceding last Banking DayDay before the said due date.
Appears in 2 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)
Payments on Banking Days. All Any payment or payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the payment or payments due shall be made on the next following Banking Day unless such Day. If the next Banking Day falls in the next succeeding calendar month in which case month, then payment shall be made on in the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Agreement (Omega Navigation Enterprises, Inc.), Agreement (Omega Navigation Enterprises, Inc.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the that payment or payments due shall be made 29 (J18-185622/C) on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the payment or payments due shall be made on the next following first Banking Day unless such Banking Day thereafter, provided that this falls in the next same calendar month in which case payment month. If it does not, payments shall fall due and be made on the immediately preceding last Banking Day.Day before the said due date
Appears in 1 contract
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for a payment falls on a day which is not a Banking Day, the that payment or payments due shall be made on the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the that payment or payments due shall be made on the next following first Banking Day unless such Banking Day thereafter, provided, that this falls in the next same calendar month in which case payment month. If it does not, payments shall fall due and be made on the immediately preceding last Banking DayDay before the said due date.
Appears in 1 contract
Samples: Loan Agreement (Costamare Inc.)
Payments on Banking Days. All payments due shall be made on a Banking Day. If the due date for payment falls on a day which is not a Banking Day, the payment or payments due shall be made on the next following first Banking Day unless such Day. If the next first Banking Day falls in the next succeeding calendar month in which case month, then payment or payments shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
