Common use of Payments on Business Day Clause in Contracts

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.

Appears in 9 contracts

Samples: Assignment Agreement (Waste Management Inc), Credit Agreement (Waste Management Inc), Credit Agreement (PHH Corp)

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Payments on Business Day. Whenever any payment or performance under the Loan Credit 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.

Appears in 9 contracts

Samples: Credit Agreement (Glamis Gold LTD), International Royalty Corp, Credit Agreement (Rogers Communications Inc)

Payments on Business Day. Whenever any payment or performance under the Loan Credit 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.

Appears in 6 contracts

Samples: Assignment and Assumption (Canetic Resources Trust), Credit Agreement, Credit Agreement (Americredit Corp)

Payments on Business Day. Whenever any payment or performance under the Loan Credit Documents would otherwise be due on a day other than a Business Day, such payment shall be made on the following Business Day, unless provided that interest and fees (as applicable) shall continue to accrue and be payable until the following Business Day is in a different calendar month, in which case the applicable payment shall be made on the preceding Business Dayor performance has been completed.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Accelerize Inc.), Credit Agreement (Century Casinos Inc /Co/)

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 provided that interest and fees (as applicable) shall continue to accrue and be payable until the following Business Day is in a different calendar month, in which case the applicable payment shall be made on the preceding Business Dayor performance has been completed.

Appears in 3 contracts

Samples: Credit Agreement (Integra Resources Corp.), Credit Agreement (VIQ Solutions Inc.), Credit Agreement (Integra Resources Corp.)

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Payments on Business Day. Whenever any payment or performance under the Loan Documents this Agreement 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.

Appears in 1 contract

Samples: Credit Agreement (Imperial Parking Corp)

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 CREDIT AGREEMENT 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.

Appears in 1 contract

Samples: Credit Agreement (Canwest Mediaworks Inc)

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