Payments on Business Day Sample Clauses

Payments on Business Day. Whenever any payment or performance under the Loan Documents would otherwise be due on a day other than a Business Day, such payment shall be made on the following Business Day, unless the following Business Day is in a different calendar month, in which case the payment shall be made on the preceding Business Day.
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Payments on Business Day. Whenever any payment or prepayment hereunder or under any Note shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest; provided, however, if such extension would cause payment of interest on or principal of Eurodollar Loans to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
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Payments on Business Day. If a payment date is not a Business Day, payment may be made at such place on the next succeeding Business Day with the same force and effect as if made on such payment date, and no interest shall accrue for the intervening period.
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Payments on Business Day. Whenever any payment or prepayment hereunder or under the Note shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest; provided, however, if such extension would cause payment of interest on or principal of LIBOR Rate Portions to be made in the next following calendar month, such payment shall be made on the next preceding Business Day. SECOND AMENDED AND RESTATED CREDIT AGREEMENT – TYLER TECHNOLOGIES, INC. ARTICLE V COMMITMENT FEE AND OTHER FEES
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Payments on Business Day. In the event any day for payment of an amount due and payable hereunder is not a Business Day, such payment shall be due and payable on the immediately succeeding Business Day and interest shall accrue on the amount of such payment from and after such scheduled date to the time of such payment on such next succeeding Business Day. As used herein, the term "Business Day" shall mean any day which is not a Saturday, Sunday or other day on which banking institutions in New York, New York or Sydney, Australia are authorized or required by law to close.
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Payments on Business Day. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent payment otherwise due and payable on such date shall be due and payable on the next Business Day (without interest being payable as a result of such delay) unless such Business Day falls in the next calendar month, in which case such amount shall be due on the preceding Business Day.
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Payments on Business Day. 97 11.23 Counterparts and Facsimile .................................98 11.24 Waiver of Jury Trial, Consequential Damages etc. ...........98
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Payments on Business Day. 67 11.8. Governing Law...........................................................................................67 11.9. No Adverse Interpretation of Other Agreements...........................................................67 11.10. No Recourse Against Others..............................................................................67 11.11. Acts of Successor Corporation...........................................................................68 11.12. Execution in Counterparts...............................................................................68 UNION TANK CAR COMPANY RECONCILIATION AND TIE BETWEEN INDENTURE AND SECURITY AGREEMENT DATED AS OF MAY 17, 2000 AND THE TRUST INDENTURE ACT OF 1939. THIS RECONCILIATION SECTION DOES NOT CONSTITUTE PART OF THE INDENTURE. TRUST INDENTURE ACT INDENTURE OF 1939 XXXXXXX XXXXXXX --------------- ------- 310(a)(1)....................................................................8.10 (a)(2)...................................................................8.10 (a)(3)...........................................................Inapplicable (a)(4)...........................................................Inapplicable (b).................................................................8.8; 8.10 (c)..............................................................Inapplicable 311(a).......................................................................8.11 (b)......................................................................8.11 (c)..............................................................Inapplicable 312(a)........................................................................2.7 (b)......................................................................11.3 (c)......................................................................11.3 313(a)........................................................................8.6 (b)(1)...........................................................Inapplicable (b)(2)...............................................................5.3; 8.6 (c)............................................................5.3; 8.6; 11.2 (d).......................................................................8.6 314(a)..................................................................5.3; 11.2 (b)..............................................................Inapplicable (c)(1)...................................................................11.4 (c)(2)................................................
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Payments on Business Day. Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental to this Indenture in any case where the date of maturity of or Interest Payment Date of any Note or a Redemption Date or Fundamental Change Repurchase Date of any Note shall not be a Business Day, then payment of interest or principal (or the Redemption Price or Fundamental Change Repurchase Price, if applicable) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date, on account of such delay.
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Related to Payments on Business Day

  • Payments on Business Days Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment of interest or principal (and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date.

  • Payments on Non-Business Days Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may be.

  • Payments Due on Non-Business Day If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.

  • Non-Business Day Payments Whenever any payment shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or fees, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of Eurodollar Rate Advances to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.

  • Payment on non-Business Day If any payment by the Borrower under a Finance Document would otherwise fall due on a day which is not a Business Day:

  • Payments Due on Non-Business Days Anything in this Agreement or the Notes to the contrary notwithstanding (but without limiting the requirement in Section 8.4 that the notice of any optional prepayment specify a Business Day as the date fixed for such prepayment), any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day; provided that if the maturity date of any Note is a date other than a Business Day, the payment otherwise due on such maturity date shall be made on the next succeeding Business Day and shall include the additional days elapsed in the computation of interest payable on such next succeeding Business Day.

  • Non-Business Day If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

  • Payment on Non-Business Days Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.

  • Payments on Notes 37 Section 14.1. Place of Payment................................................................................ 37 Section 14.2. Home Office Payment........................................................................ 37 SECTION 15.

  • Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes (i) Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of the Administrative Agent) require the deduction or withholding of any Tax from any such payment by the Administrative Agent or a Loan Party, then the Administrative Agent or such Loan Party shall be entitled to make such deduction or withholding, upon the basis of the information and documentation to be delivered pursuant to subsection (e) below.

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