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.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Mens Wearhouse Inc), Term Credit Agreement (Mens Wearhouse Inc), Revolving Credit Agreement (Mens Wearhouse Inc)
Payments on Business Day. Whenever any payment or prepayment hereunder or under any Note the Notes 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; providedinterest or fees, howeveras the case may be, if such extension would cause payment of interest on or principal of Eurodollar Loans to be made in payable at the next following calendar month, such payment shall be made on the next preceding Business Dayparticular time.
Appears in 4 contracts
Samples: Liquidity Agreement, Note Liquidity Agreement, Note Liquidity Agreement
Payments on Business Day. Whenever any payment or prepayment hereunder or under any 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 Eurodollar Loans LIBOR Rate Portions to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Tyler Technologies Inc), Credit Agreement (Tyler Technologies Inc)
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.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Mens Wearhouse Inc), Term Credit Agreement (Mens Wearhouse Inc)
Payments on Business Day. Whenever any payment or prepayment hereunder or under any the Term Loan 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.. CREDIT AGREEMENT - TERM LOAN (HII Technologies) ARTICLE IV COMMITMENT FEE AND OTHER FEES AND EXPENSES
Appears in 1 contract
Payments on Business Day. Whenever any payment or prepayment hereunder or under any Note the Notes 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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Account Purchase Agreement (HII Technologies, Inc.)
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; providedPROVIDED, howeverHOWEVER, if such extension would cause payment of interest on or principal of Eurodollar LIBOR Rate Loans to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
Appears in 1 contract
Samples: Revolving Credit Agreement (Cross Continent Auto Retailers Inc M&l)
