Common use of Payments on Business Days Clause in Contracts

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 178 contracts

Samples: Credit Agreement (Mosaic Co), Credit Agreement (Ferroglobe PLC), Credit Agreement (Mosaic Co)

AutoNDA by SimpleDocs

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 50 contracts

Samples: Loan and Security Agreement (Green Plains Inc.), Loan and Security Agreement, Loan and Security Agreement (Intercloud Systems, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 28 contracts

Samples: Second Lien Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Hawaiian Telcom Holdco, Inc.), Credit Agreement (Dialogic Inc.)

Payments on Business Days. Whenever any payment to be made ------------------------- hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 25 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Hines Horticulture Inc), Credit Agreement (Katy Industries Inc)

Payments on Business Days. Whenever Where the day on which any payment of money under this Agreement is to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may 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 or of the commitment fees hereunder, as the case may beDay.

Appears in 16 contracts

Samples: User Agreement, User Agreement, User Agreement

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding preceding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beDay.

Appears in 16 contracts

Samples: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (Skilled Healthcare Group, Inc.), Credit Agreement (IntraLinks Holdings, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day that is not other than a Business Day, such payment shall may be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest hereunder or of the commitment fees hereundercomputing interest, as the case may beif any, in connection with such payment.

Appears in 8 contracts

Samples: Credit Agreement (DISH Network CORP), Credit Agreement (DISH Network CORP), Credit Agreement (DISH Network CORP)

Payments on Business Days. Whenever Subject to the provisions of Section 2.5B with respect to Interest Periods, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 8 contracts

Samples: Assignment Agreement (Hospira Inc), Credit Agreement and Guaranty (Hospira Inc), Credit Agreement (Hospira Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of hereunder; provided that if such next succeeding Business Day occurs in the commitment fees hereundernext calendar month, as such payment shall be due and payable on the case may beimmediately preceding Business Day.

Appears in 7 contracts

Samples: Credit Agreement (Assurant, Inc.), Credit Agreement (Assurant Inc), Term Loan Agreement (Assurant Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day Day, and such extension of time shall in such case be included in the computation of the payment of interest hereunder or of the commitment fees hereunderfees, as the case may be.

Appears in 7 contracts

Samples: Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc)

Payments on Business Days. Whenever any payment to be made ------------------------- hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 7 contracts

Samples: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Banctec Inc), Loan and Security Agreement (Tower Air Inc)

Payments on Business Days. Whenever Except if expressly provided otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding preceding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beDay.

Appears in 7 contracts

Samples: Credit Agreement (Taylor Morrison Home Corp), Credit Agreement (Taylor Morrison Home Corp), 364 Day Credit Agreement (Taylor Morrison Home Corp)

Payments on Business Days. Whenever If any payment to be made hereunder or under any Bridge Note shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day (and such extension of time shall be included in computing interest in connection with such payment); provided, however, that if such succeeding Business Day falls in the computation of next calendar month, such payment shall be made on the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day.

Appears in 5 contracts

Samples: Bridge Loan Agreement (Agco Corp /De), Bridge Loan Agreement (Pca International Inc), Bridge Loan Agreement (NTL Inc /De/)

Payments on Business Days. Whenever Except if expressly provided otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 5 contracts

Samples: Credit Agreement (Behringer Harvard Opportunity REIT I, Inc.), Credit Agreement (DMW Worldwide Inc), Loan Agreement (Nextcard Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that which is not a Business Day, then such payment shall be made on the next succeeding Business Day and (unless, with respect to a payment relating to a Eurodollar Loan, such extension of time day would fall in another calendar month, in which event payment shall be included in made on the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day).

Appears in 5 contracts

Samples: Credit Agreement (Occidental Petroleum Corp /De/), Credit Agreement (Occidental Petroleum Corp /De/), Credit Agreement (Occidental Petroleum Corp /De/)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding preceding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beDay.

Appears in 4 contracts

Samples: Credit Agreement (Newmarket Corp), Credit Agreement (Brand Energy & Infrastructure Services, Inc), Credit Agreement (Brand Intermediate Holdings Inc)

Payments on Business Days. Whenever If any payment to be made hereunder shall be stated to be becomes due and payable on a day (including an Interest Payment Date) that is not a Business Day, then such payment due date shall be made on extended to the next succeeding Business Day Day; provided that interest and fees shall continue to accrue during the period of any such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beextension.

Appears in 4 contracts

Samples: Loan Agreement (Orion Group Holdings Inc), Loan and Security Agreement (Alliance Entertainment Holding Corp), Loan and Security Agreement (Attis Industries Inc.)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment facility fees hereunder, as the case may be.

Appears in 4 contracts

Samples: Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc)

Payments on Business Days. Whenever Except if expressly provided otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding immediately preceding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beDay.

Appears in 4 contracts

Samples: Credit Agreement (Real Mex Restaurants, Inc.), Credit Agreement (Real Mex Restaurants, Inc.), Credit Agreement (Real Mex Restaurants, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 4 contracts

Samples: Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co)

Payments on Business Days. Whenever Except as otherwise expressly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Express Scripts Holding Co.), Credit Agreement (Express Scripts Holding Co.), Credit Agreement (Express Scripts Inc)

Payments on Business Days. Whenever Subject to subsection 2.2B(iii), whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Lodgenet Entertainment Corp), Credit Agreement (La Quinta Properties Inc), Credit Agreement (La Quinta Corp)

Payments on Business Days. Whenever any payment to be ------------------------- made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Aurora Foods Inc), Credit Agreement (Fibernet Telecom Group Inc\), Credit Agreement (Joy Global Inc)

Payments on Business Days. Whenever If the Company is required to make any payment to be made hereunder shall be stated to be due on the Notes on a day that is not a Business Day, such the required payment shall be made on the next succeeding Business Day. The payment made on the next Business Day and such extension of time shall be included in treated as though it was paid on the computation original due date and no interest on such payment shall accrue for the additional period of the payment of interest hereunder or of the commitment fees hereunder, as the case may betime.

Appears in 3 contracts

Samples: Supplemental Indenture (PDL Biopharma, Inc.), Supplemental Indenture (PDL Biopharma, Inc.), Supplemental Indenture (PDL Biopharma, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder or under any other Loan Document shall be stated to be due on a day that is not other than a Business Day, such payment 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 or of the commitment fees hereundercomputing interest, as the case may beif any, due in connection with such payment.

Appears in 3 contracts

Samples: Loan Agreement (Saddlebrook Resorts Inc), Term Loan Agreement (Jagged Peak, Inc.), Loan Agreement (Jagged Peak, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees Commitment Fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Alliance HealthCare Services, Inc), Credit Agreement (Alliance HealthCare Services, Inc), Term Loan and Security Agreement (Grand Canal Shops Mall Construction LLC)

Payments on Business Days. Whenever Except if expressly provided ------------------------- otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Chippac Inc), Credit Agreement (Microclock Inc), Chinese Security Agreement (Chippac LTD)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day except as set forth in subsection 2.2B(iii), and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Players International Inc /Nv/), Credit Agreement (Players International Inc /Nv/), Credit Agreement (Players International Inc /Nv/)

Payments on Business Days. Whenever Except as otherwise explicitly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Security Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Payments on Business Days. Whenever Except if expressly provided otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 3 contracts

Samples: Assignment Agreement (Transportation Technologies Industries Inc), Credit Agreement (FX Real Estate & Entertainment Inc.), Credit Agreement (FX Real Estate & Entertainment Inc.)

Payments on Business Days. Whenever Except as otherwise provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Atlas Air Worldwide Holdings Inc), Credit Agreement (Atlas Air Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day Day, but not later than the Commitment Termination Date, and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Homestake Mining Co /De/), Credit Agreement (Homestake Mining Co /De/)

Payments on Business Days. Whenever If any payment to be made hereunder shall be stated to be becomes due and payable on a day (including an Interest Payment Date) that is not a Business Day, then such payment due date shall be made on extended to the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beDay.

Appears in 2 contracts

Samples: Loan and Security Agreement (Live Oak Acquisition Corp), Loan and Security Agreement (Live Oak Acquisition Corp)

Payments on Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day that is not a Business Day, such payment 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 or of under the commitment fees hereunder, as the case may beNote.

Appears in 2 contracts

Samples: Loan Agreement (Bre Properties Inc /Md/), Loan Agreement (Bre Properties Inc /Md/)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day Day, and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 2 contracts

Samples: Loan Agreement (Rio Vista Energy Partners Lp), Loan Agreement (Penn Octane Corp)

Payments on Business Days. Whenever any payment to be made hereunder hereunder, whether of principal, interest, fees or otherwise, shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 2 contracts

Samples: Loan and Security Agreement (Setech Inc /De), Loan and Security Agreement (Jan Bell Marketing Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Bristol Hotels & Resorts Inc), Credit Agreement (Arris Group Inc)

Payments on Business Days. Whenever any payment to be made hereunder or under the Revolving Credit Notes shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day (unless no further Business Day occurs in such month, in which case payment shall be made on the next preceding Business Day) and such extension of time shall be included in the computation of the payment of interest hereunder or under the Revolving Credit Notes or of the commitment fees hereunderRevolving Credit Facility Commitment Fees, as the case may be.

Appears in 2 contracts

Samples: Loan Agreement (Res Care Inc /Ky/), Stock Pledge Agreement (Res Care Inc /Ky/)

Payments on Business Days. Whenever If any payment to be made hereunder or under any Term Note shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day (and such extension of time shall be included in the computation of the payment of computing interest hereunder or of the commitment fees hereunderin connection with such payment); provided, as however, that, in the case may beof a LIBOR Rate Loan, if such succeeding Business Day falls in the next calendar month, such payment shall be made on the next preceding Business Day.

Appears in 2 contracts

Samples: Term Loan Agreement (Crown Castle International Corp), Term Loan Agreement (Crown Castle International Corp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, (other than as described in Section 2.2(b)) such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (EngageSmart, LLC), Credit Agreement (EngageSmart, LLC)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may beDay.

Appears in 2 contracts

Samples: Credit Agreement (Las Vegas Sands Corp), Credit Agreement (Urs Corp /New/)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as provided that if such next succeeding Business Day occurs in the case may benext calendar month, such payment shall be due and payable on the immediately preceding Business Day.

Appears in 2 contracts

Samples: Credit Agreement (Assurant Inc), Credit Agreement (Assurant Inc)

Payments on Business Days. Whenever Except as otherwise provided in this Agreement, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Granite Broadcasting Corp), Credit Agreement (Ak Steel Holding Corp)

Payments on Business Days. Whenever Except as otherwise expressly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day Day, and such extension of time shall in such case be included in the computation of the payment of interest hereunder or of the commitment fees hereunderfees, as the case may be.

Appears in 2 contracts

Samples: Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that which is not a Business Day, then such payment shall be made on the next succeeding Business Day and (unless, with respect to a payment relating to an Adjusted Term SOFR Rate Loan, such extension of time day would fall in another calendar month, in which event payment shall be included in made on the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day).

Appears in 2 contracts

Samples: Credit Agreement (Occidental Petroleum Corp /De/), Credit Agreement (Occidental Petroleum Corp /De/)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and and, such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Construction Loan Agreement (Las Vegas Sands Corp), Construction Loan Agreement (Las Vegas Sands Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be; provided, however, that if the day on which payment relating to a Eurodollar Rate Loan is due is not a Business Day but is a day of the month after which no further Business Day occurs in that month, then the due date thereof shall be the next preceding Business Day.

Appears in 2 contracts

Samples: Credit Agreement (Smiths Food & Drug Centers Inc), Credit Agreement (Smiths Food & Drug Centers Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day, the payment may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Edutrek Int Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Viasource Communications Inc)

Payments on Business Days. Whenever Except as otherwise expressly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment facility fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Express Scripts Inc)

Payments on Business Days. Whenever If any payment to be made hereunder or under any Note shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day (and such extension of time shall be included in computing interest in connection with such payment); provided, however, that if such succeeding Business Day falls in the computation of next calendar month, such payment shall be made on the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day.

Appears in 1 contract

Samples: Bridge Loan Agreement (Lincoln Electric Holdings Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees fee hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Mk Resources Co)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of fees due hereunder; provided, that if such next succeeding Business Day occurs in a different calendar month than the commitment fees hereunderdate on which such payment is due and payable, as such payment shall be made on the case may belast Business Day preceding such date.

Appears in 1 contract

Samples: Credit Agreement (MVB Financial Corp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.. (v)

Appears in 1 contract

Samples: Credit Agreement (Joy Global Inc)

Payments on Business Days. Whenever Except as otherwise provided in subsection 2.2B(iii), whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Regency Health Services Inc)

Payments on Business Days. Whenever Subject to the provisions of subsection 2.2B, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Anthony Crane Rental Holdings Lp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that which is not a Business Day, then such payment shall be made on the next succeeding Business Day and (unless, with respect to a payment relating to a Eurodollar Term Loan, such extension of time day would fall in another calendar month, in which event payment shall be included in made on the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day).

Appears in 1 contract

Samples: Term Loan Agreement (Occidental Petroleum Corp /De/)

Payments on Business Days. Whenever any payment to be made hereunder or under the Revolving Credit Notes shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day (unless no further Business Day occurs in such month, in which case payment shall be made on the next preceding Business Day) and such extension or reduction of time shall be included in the computation of the payment of interest hereunder or under the Revolving Credit Notes or of the commitment fees hereunderRevolving Credit Facility Commitment Fees, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next CREDIT AGREEMENT succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Payments on Business Days. Whenever If any date for any payment to under this Agreement shall not be made hereunder shall be stated to be due on a day that is not a Business Day, then such payment shall be made on the next succeeding Business Day Day, and interest shall continue to accrue thereon for the period from such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may bedue date to said Business Day.

Appears in 1 contract

Samples: Model Loan Agreement

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.. C.

Appears in 1 contract

Samples: Credit Agreement (Ameriprise Financial Inc)

AutoNDA by SimpleDocs

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day Day, except as otherwise contemplated by subsection 2.2(B) and (C), and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 1 contract

Samples: Loan and Security Agreement (Gse Systems Inc)

Payments on Business Days. Whenever Except with respect to payments made through operation of the relevant provisions of the Security Agreement, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Hydro Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.payment

Appears in 1 contract

Samples: Credit Agreement (Atlas Air Worldwide Holdings Inc)

Payments on Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day (unless no further Business Day occurs in such Fiscal Quarter, in which case payment shall be made on the next preceding Business Day) and such extension of time shall be included in the computation of the payment of interest hereunder or under the Notes or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Regal Cinemas Inc)

Payments on Business Days. Whenever any payment to be ------------------------- made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 1 contract

Samples: Tender Offer Loan Agreement (Lund International Holdings Inc)

Payments on Business Days. Whenever any payment to be ------------------------- made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees fee hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Mk Gold Co)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of fees due hereunder; provided that if such next succeeding Business Day occurs in a different calendar month than the commitment fees hereunderdate on which such payment is due and payable, as such payment shall be made on the case may belast Business Day preceding such date.

Appears in 1 contract

Samples: Credit Agreement (Peoples Bancorp Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, hereunder as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Oxford Health Plans Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.. 58 EXECUTION

Appears in 1 contract

Samples: Credit Agreement (Autotote Corp)

Payments on Business Days. Whenever If any payment to be made hereunder shall be stated to be becomes due and payable on a day (including an Interest Payment Date) that is not a Business Day, then such payment due date shall be made on extended to the next succeeding Business Day Day; provided, that interest and fees shall continue to accrue during the period of any such extension of time shall be included in the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may beextension.

Appears in 1 contract

Samples: Loan and Security Agreement (INVACARE HOLDINGS Corp)

Payments on Business Days. Whenever Except as otherwise expressly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Security Agreement (Ackerley Group Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that which is not a Business Day, then such payment shall be made on the next succeeding Business Day and (unless, with respect to a payment relating to a Eurodollar Loan, such extension of time day would fall in another calendar month, in which event payment shall be included in made on the computation of the payment of interest hereunder or of the commitment fees hereunder, as the case may benext preceding Business Day). SECTION 2.11.

Appears in 1 contract

Samples: Credit Agreement (Occidental Petroleum Corp /De/)

Payments on Business Days. Whenever any payment to be made hereunder hereunder, whether of principal, interest, fees or otherwise, shall be stated to be due on a day that is not a Business Busi- ness Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 1 contract

Samples: Loan and Security Agreement (Setech Inc /De)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of interest, the commitment fees or Letter of Credit fees hereunder, as the case may be.

Appears in 1 contract

Samples: Security Agreement (Horseshoe Gaming Holding Corp)

Payments on Business Days. Whenever If any payment to be made hereunder or under any Term Note shall be stated to be due on a day that is not other than a Business Day, such payment shall be made on the next succeeding Business Day (and such extension of time shall be included in the computation of the payment of computing interest hereunder or of the commitment fees hereunder, as the case may bein connection with such payment).

Appears in 1 contract

Samples: Term Loan Agreement (Flashnet Communications Inc)

Payments on Business Days. Whenever any payment to be made or other obligation hereunder shall be stated to be due on a day that is not other than a Business Day, such payment 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 or of the commitment fees hereunder, as the case may beDay.

Appears in 1 contract

Samples: Possis Medical Inc

Payments on Business Days. Whenever Except as otherwise expressly provided herein, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Express Scripts Inc)

Payments on Business Days. Whenever Subject to subsection 2.2B, whenever ------------------------- any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Price Communications Wireless Inc)

Payments on Business Days. Whenever any payment to be made hereunder or under any other Loan Document shall be stated to be due on a day that is not other than a Business Day, such payment 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 or of the commitment fees hereunder, as the case may beDay.

Appears in 1 contract

Samples: Loan Agreement (Tropical Sportswear International Corp)

Payments on Business Days. Whenever Subject to subsection 2.2B, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall will be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall will be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.

Appears in 1 contract

Samples: Loan and Security Agreement (Arvinmeritor Inc)

Payments on Business Days. Whenever Subject to the provisions of ------------------------- subsection 2.2B whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Anthony Crane Holdings Capital Corp)

Payments on Business Days. Whenever any payment to be made hereunder or under the Revolving Notes shall be stated to be due on a day that is not a Business Day, such payment 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 or under the Revolving Notes or of the commitment fees Commitment Fees hereunder, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Steel Technologies Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment and Letter of Credit fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (America West Holdings Corp)

Payments on Business Days. Whenever any payment to be made ------------------------- hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or fees due hereunder. Except as expressly set forth herein to the contrary, all payments made by Borrowers in respect of principal or interest on the commitment fees hereunder, Loans shall be made in the same Available Currency as the case may besuch Loan was made.

Appears in 1 contract

Samples: Loan and Security Agreement (Hawker Pacific Aerospace)

Payments on Business Days. Whenever any payment to be made hereunder or under any other Loan Document shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Loan and Security Agreement (Calton Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees Unused Line Fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Unified Grocers, Inc.)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment unused facility fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Boyds Collection LTD)

Payments on Business Days. Whenever any payment to be made hereunder ------------------------- shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.. (v)

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall shall, subject to Section 2.2B(iii) and (iv), 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lincoln Electric Holdings Inc)

Payments on Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day that is not a Business Day, such payment 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 or under the Notes or of the commitment and other fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Danaher Corp /De/)

Payments on Business Days. Whenever Except if expressly provided otherwise, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day Day, and such extension of time shall be included in the computation of the payment payments of interest hereunder or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Transportation Technologies Industries Inc)

Payments on Business Days. Whenever any payment to be made hereunder ------------------------- shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Planvista Corp)

Payments on Business Days. Whenever Subject to the provisions of ------------------------- subsection 2.2B, whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anthony Crane Holdings Capital Corp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not other than a Business Day, except as may be required otherwise pursuant to clause (ii) of the definition of Interest Payment Date, such payment shall be made on the next succeeding Business Day Day, and such extension of time shall in such case be included in the computation of the payment of interest hereunder or of the commitment fees hereunderfees, as the case may be.

Appears in 1 contract

Samples: Loan Agreement

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business DayDay for the type of Loan in respect of which such payment is made, such payment 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 or of the commitment fees hereunder, as the case may be.

Appears in 1 contract

Samples: Priority Secured Credit Agreement (Loews Cineplex Entertainment Corp)

Payments on Business Days. Whenever any payment to be made hereunder or under the Term Notes shall be stated to be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day (unless no further Business Day occurs in such month, in which case payment shall be made on the next preceding Business Day) and such extension or reduction of time shall be included in the computation of the payment of interest hereunder or of under the commitment fees hereunder, as the case may beTerm Notes.

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such payment 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 or of the commitment or Letter of Credit fees hereunder, as the case may be.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Holdings Inc)

Payments on Business Days. Whenever any payment to be made hereunder shall be stated to be due on a day that is not a Business Day, such the payment shall may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment amount of interest hereunder or of the commitment fees due hereunder, as the case may be.. (C)

Appears in 1 contract

Samples: Loan and Security Agreement (Perma Fix Environmental Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.