Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Samples: Revolving Credit Agreement (Jitney Jungle Stores of America Inc /Mi/), Security Agreement (Manischewitz B Co LLC), Credit Agreement (SLM International Inc /De)
Payments on Business Days. (a) Should the principal of or interest on the Revolving Credit Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "“Interest Period"”), and such extension of time shall in such case be included in computing interest, if any, in connection with such paymentpayment and fees payable hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Nu Horizons Electronics Corp), Credit Agreement (Nu Horizons Electronics Corp), Control Agreement (Nu Horizons Electronics Corp)
Payments on Business Days. (a) Should the principal of or interest on the Notes or any Commitment Fee or any other fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 3 contracts
Samples: Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co)
Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 3 contracts
Samples: Credit Agreement (Pegasus Investors L P), Credit Agreement (Del Global Technologies Corp), Credit Agreement (Code Alarm Inc)
Payments on Business Days. (a) Should Except as otherwise expressly provided herein or in the Note, should the principal of or interest on the Notes Note or any fee or other amount payable hereunder portion of the Obligations become due and payable on other than a Business Day, payment in respect thereof may shall be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, interest in connection with such the payment.
Appears in 2 contracts
Samples: Loan Agreement (Ashford Hospitality Prime, Inc.), Loan Agreement (Strategic Hotels & Resorts, Inc)
Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in 101 the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 2 contracts
Samples: Credit Agreement (Interdent Inc), Credit Agreement (Wisdom Holdings Inc)
Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 2 contracts
Samples: Credit Agreement (River Distribution Sub Inc), Credit Agreement (Rb Asset Inc)
Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 2 contracts
Samples: Credit Agreement (Milgray Electronics Inc), Security Agreement (American Bank Note Holographics Inc)
Payments on Business Days. (a) Should the principal of or interest on ------------------------- the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 2 contracts
Samples: Loan Agreement (Nu Horizons Electronics Corp), Loan Agreement (Nu Horizons Electronics Corp)
Payments on Business Days. (a) Should the principal of or interest ------------------------- on the Revolving Credit Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or interest on the Notes Revolving Credit Note or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or interest on the Notes Note or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 1 contract
Samples: Credit Agreement (Capital Trust)
Payments on Business Days. (a1) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 1 contract
Samples: Credit Agreement (Donnkenny Inc)
Payments on Business Days. (a) Should the principal of or interest on the Notes Promissory Note or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Contract Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on a day other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or interest on the Notes Note, or any fee or other amount payable hereunder hereunder, become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 1 contract
Samples: Loan Agreement (Liberty Satellite & Technology Inc)
Payments on Business Days. (a) Should the principal of or interest on the Notes Notes, or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified provided in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of or ------------------------- interest on the Notes Note or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period")Day, and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
Appears in 1 contract
Samples: Credit Agreement (Capital Trust)
Payments on Business Days. (a) Should the principal of or interest on ------------------------- the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such paymentpayment and fees payable hereunder.
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Payments on Business Days. (a) Should the principal of or interest on the Notes Revolving Credit Note or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "“Interest Period"”), and such extension of time shall in such case be included in computing interest, if any, in connection with such paymentpayment and fees payable hereunder.
Appears in 1 contract
Samples: Credit Agreement (Industrial Enterprises of America, Inc.)
Payments on Business Days. (a) Should the principal ------------------------- of or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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Payments on Business Days. (a) Should the principal of ------------------------- or interest on the Notes or any fee or other amount payable hereunder become due and payable on other than a Business Day, payment in respect thereof may be made on the next succeeding Business Day (except as otherwise specified in the definition of "Interest Period"), and such extension of time shall in such case be included in computing interest, if any, in connection with such payment.
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