Payments on Business Day. Whenever any payment or performance under the 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 (International Royalty Corp), Credit Agreement (Glamis Gold LTD), Credit Agreement (Norske Skog Canada LTD)
Payments on Business Day. Whenever any payment or performance under the Credit 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: Credit Agreement (Waste Management Inc), Credit Agreement (Waste Management Inc), Credit Agreement (PHH Corp)
Payments on Business Day. Whenever any payment or performance under the 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: Credit Agreement, Credit Agreement (Canetic Resources Trust), Credit Agreement (Americredit Corp)
Payments on Business Day. Whenever any payment or performance under the 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 Credit 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
