Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) for and during any such extension.
Appears in 8 contracts
Samples: Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Tandy Brands Accessories Inc)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower Borrowers under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) interest rate set forth in the applicable Note for and during any such extension.
Appears in 5 contracts
Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)
Payments on Non-Business Day. In the event that If any payment of any principal, interest, fees fees, or any other amounts payable by Borrower under or pursuant to any Loan Document shall become is due on any day which that is not a Business Day, such the due date shall be extended to the next succeeding Business Day, and, to the extent if applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) for and Note Rate during any such the extension.
Appears in 3 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement (CNL Growth Properties, Inc.), Construction Loan Agreement (Global Growth Trust, Inc.)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to this Agreement, or under any other Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(sapplicable rate(s) for and during any such extension.
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement (Com21 Inc), Revolving Credit and Security Agreement (Avanex Corp), Revolving Credit and Security Agreement (Avanex Corp)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) interest rate set forth in the applicable Note for and during any such extension.
Appears in 2 contracts
Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower Borrowers under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) for and during any such extension.
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Payments on Non-Business Day. In the event that If any payment of any principal, interest, fees or any other amounts payable by payableby Borrower under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) Note Rate for and during any such extension.
Appears in 1 contract
Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to any Loan Document this Agreement shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(sapplicable rate(s) for and during any such extension.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Mattson Technology Inc)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to this Loan Agreement, or under any other Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, without any additional interest accruing as to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) for and such payment during any such extension.
Appears in 1 contract
Samples: Convertible Loan and Security Agreement (Lifepoint Inc)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or Exelixis pursuant to any the Loan Document Documents shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) applicable rate for and during any such extension.
Appears in 1 contract
Payments on Non-Business Day. In the event that any payment of any --- ---------------------------- principal, interest, fees or any other amounts payable by Borrower under or pursuant to this Agreement, or under any other Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(sapplicable rate(s) for and during any such extension.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Ikos Systems Inc)
Payments on Non-Business Day. In the event that any payment of any principal, interest, fees or any other amounts payable by Borrower under or pursuant to any Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(s) for and during any such extension.
Appears in 1 contract
Payments on Non-Business Day. In the event that any payment of any --- ---------------------------- principal, interest, fees or any other amounts payable by Borrower under or pursuant to this Agreement, or under any other Loan Document shall become due on any day which is not a Business Day, such due date shall be extended to the next succeeding -6- <PAGE> Business Day, and, to the extent applicable, interest shall continue to accrue and be payable at the Applicable Interest Rate(sapplicable rate(s) for and during any such extension.
Appears in 1 contract
