Common use of Payments on Non-Business Days Clause in Contracts

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may be.

Appears in 25 contracts

Samples: Loan Agreement (Ryman Hospitality Properties, Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

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Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may behereunder.

Appears in 21 contracts

Samples: Loan Agreement, Loan Agreement (German American Bancorp, Inc.), Loan Agreement (First Midwest Bancorp Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beLoan.

Appears in 20 contracts

Samples: Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (R&b Falcon Corp)

Payments on Non-Business Days. Whenever Unless otherwise provided herein, whenever any payment to be made by Borrower hereunder under this Agreement shall be stated to be due on a day which is not a Business Day, payments the due date thereof shall be made on extended to the next succeeding Business Day Day, and such extension of time interest or fees shall be included in payable at the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beappropriate rate during such extension.

Appears in 15 contracts

Samples: Assignment Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Funding LLC)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be or under any other Loan Document is stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may behereunder.

Appears in 14 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower or the applicable Qualified Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iii), the case may benext preceding Business Day).

Appears in 12 contracts

Samples: Credit and Term Loan Agreement (Washington Prime Group, L.P.), Credit Agreement (Simon Property Group L P /De/), Revolving Credit and Term Loan Agreement (Washington Prime Group, L.P.)

Payments on Non-Business Days. Whenever If any payment to be made by Borrower required hereunder shall be stated to be is due on a day which date that is not a Business Day, payments payment shall be made on the next succeeding Business Day with the same force and effect as if made on the date fixed for such extension of time payment, and no interest shall be included in accrue on such amount for the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beperiod after such date.

Appears in 11 contracts

Samples: Loan Agreement (York Water Co), Loan Agreement (York Water Co), Loan Agreement (York Water Co)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 10 contracts

Samples: Credit Agreement (Watson Pharmaceuticals Inc), Credit Agreement (Watson Pharmaceuticals Inc), Credit Agreement (Avado Brands Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under a Liquidity Loan Note shall be stated to be due on a day which is not a Business Day, payments the due date thereof shall be made on extended to the next succeeding Business Day and such extension of time interest shall be included in payable at the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beapplicable rate during such extension.

Appears in 9 contracts

Samples: Liquidity Agreement (Bungeltd), Liquidity Agreement (Bunge LTD), Liquidity Agreement (Bunge LTD)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iii), the case may benext preceding Business Day).

Appears in 9 contracts

Samples: Restructuring Support Agreement (Washington Prime Group, L.P.), Term Loan Agreement (Washington Prime Group, L.P.), Term Loan Agreement (Washington Prime Group, L.P.)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.04, as the case may be.

Appears in 8 contracts

Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc), Term Loan Agreement (Manufactured Home Communities Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be or under any other Credit Document is stated to be due on a day which is not other than a Business Day, payments 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 and of any fees due under this Agreementor fee, as the case may be; provided, however, that, if such extension would cause payment of interest on or principal of LIBOR Advances to be made in the next succeeding calendar month, such payment shall be made on the next preceding Business Day.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 7 contracts

Samples: Loan Agreement (Elgar Holdings Inc), Credit Agreement (Wellman Inc), Senior Subordinated Credit Agreement (Express Scripts Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the facility fees and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 7 contracts

Samples: Secured Credit Agreement, Secured Credit Agreement (Oi Levis Park STS Inc), Secured Credit Agreement (Owens Illinois Inc /De/)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.5, as the case may be.

Appears in 7 contracts

Samples: Credit Agreement (CPG Partners Lp), Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (Chelsea Property Group Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments the due date thereof shall be made on extended to the next succeeding Business Day and such extension and, if a payment of time principal has been so extended, interest shall be included in payable on such principal at the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beapplicable rate during such extension.

Appears in 6 contracts

Samples: Day Revolving Credit Agreement (Pp&l Inc), Revolving Credit Agreement (Pennsylvania Power & Light Co /Pa), Day Revolving Credit Agreement (Pp&l Resources Inc)

Payments on Non-Business Days. Whenever If any payment to be made by the Borrower hereunder shall be stated to be come due on a day which is not other than a Business Day, payments payment shall be made on the next succeeding following Business Day Day, and such extension of time shall be included reflected in the computation of the payment of computing interest hereunder and of any fees due under this Agreementor fees, as the case may be.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Toyota Motor Credit Corp), Revolving Credit Agreement (Toyota Motor Credit Corp), Revolving Credit Agreement (Toyota Motor Credit Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in SECTION 2.5, as the case may be.

Appears in 5 contracts

Samples: Credit Agreement (Chelsea Gca Realty Inc), Term Loan Agreement (Chelsea Gca Realty Partnership Lp), Credit Agreement (Arden Realty Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and (unless such extension of time succeeding Business Day would be in the subsequent calendar month, in which case such payment shall be included in made on the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beimmediately preceding Business Day).

Appears in 5 contracts

Samples: Secured Credit Agreement (Oppenheimer Holdings Inc), Senior Secured Credit Agreement (SOI Holdings, Inc.), Counterpart Agreement (Oppenheimer Holdings Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day and such extension of time shall be included without change in the any computation of the interest with respect to such payment of interest hereunder and of (or any fees due under this Agreement, as the case may besucceeding payment).

Appears in 5 contracts

Samples: Confidentiality Agreement (First Colebrook Bancorp, Inc.), Subordinated Loan Agreement (FS Bancorp, Inc.), Subordinated Loan Agreement (SBT Bancorp, Inc.)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not other than a Business Day, payments 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 and of any fees due under this Agreement, as the case may beinterest.

Appears in 4 contracts

Samples: Export Finance Facility Agreement, Pre Export Finance Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.), Pre Export Finance Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 4 contracts

Samples: Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (Aviation Sales Co), Credit Agreement (General Inspection Laboratories Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower Borrowers hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may be.

Appears in 4 contracts

Samples: And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

Payments on Non-Business Days. Whenever any payment to be made by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(a)(iv), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 3 contracts

Samples: Credit Agreement (Nacco Industries Inc), Credit Agreement (Nacco Industries Inc), Credit Agreement (NMHG Holding Co)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.5, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Price Enterprises Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Loans shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beLoans.

Appears in 3 contracts

Samples: Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Hylete), Senior Credit Agreement (Denim LA, Inc.)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in SECTION 5.2(b)(iii), the case may benext preceding Business Day).

Appears in 3 contracts

Samples: Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Property Group Inc /De/)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not other than a Business Day, payments 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 and of any fees due under this Agreementor fees, as the case may be.

Appears in 3 contracts

Samples: Yffnlp Financing Agreement, Flcnkii Financing Agreement, CNPLP Financing Agreement

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iv), the case may benext preceding Business Day).

Appears in 3 contracts

Samples: Credit Agreement (Reckson Services Industries Inc), Credit Agreement (Reckson Operating Partnership Lp), Credit Agreement (Reckson Associates Realty Corp)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beDay.

Appears in 3 contracts

Samples: Credit Agreement (Global Power Equipment Group Inc/), Credit Agreement (Global Power Equipment Group Inc/), Senior Secured Credit Agreement (Silicon Graphics Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in SECTION 2.5, as the case may be.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Price Enterprises Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day and such extension of time (but not such next succeeding Business Day, subject to Section 1.5.2,) shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Subordinated Debenture Purchase Agreement (First Internet Bancorp), Subordinated Debenture Purchase Agreement (Plumas Bancorp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be or under any Note is stated to be due on a day which is not other than a Business Day, payments 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 and of any fees due under this Agreementor fees, as the case may be. If no due date is specified for the payment of any amount payable by the Borrower hereunder, such amount shall be due and payable not later than ten (10) Business Days after receipt by the Borrower of written demand from the Agent for payment thereof.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Indiantown Cogeneration Lp), Credit and Reimbursement Agreement (Indiantown Cogeneration Lp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.04, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and (unless such extension of time succeeding Business Day would be in the subsequent calendar month, in which case such payment shall be included in made on the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beimmediately preceding Business Day).

Appears in 2 contracts

Samples: Revolving Credit Agreement (James River Coal CO), Term Credit Agreement (James River Coal CO)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which that is not a Business Day, payments 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 and or of any the commitment fees due under this Agreementor the letter of credit fees hereunder, as the case may be.

Appears in 2 contracts

Samples: Revolving Credit Agreement (United Artists Theatre Circuit Inc /Md/), Credit Agreement (Blackbaud Inc)

Payments on Non-Business Days. Whenever any payment pay ment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Aviation Sales Co), Credit Agreement (Stellex Industries Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (except as set forth in Section 5.02(b)(iii) with respect to payments due on the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Freedom Chemical Co), Credit Agreement (Rhi Holdings Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Note shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beNote.

Appears in 2 contracts

Samples: Loan and Security Agreement (Rac Financial Group Inc), Loan and Security Agreement (Imc Mortgage Co)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(b)(iv), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Insilco Corp/De/, Insilco Corp/De/

Payments on Non-Business Days. Whenever any payment to be made by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(b)(iv), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens Illinois Group Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which that is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Loan Agreement (Pinnacle Financial Partners Inc), Loan Agreement (Pinnacle Financial Partners Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(b)(iii), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Barneys New York Inc), Credit Agreement (Barneys New York Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Company hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day Day, and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Subordination Agreement (Tontine Capital Partners L P), Agreement and the Rights And (Patrick Industries Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under any Loan Document is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and (unless such extension of time succeeding Business Day would be in the subsequent calendar month, in which case such payment shall be included in made on the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beimmediately preceding Business Day).

Appears in 2 contracts

Samples: Revolving Credit Agreement (James River Coal CO), Revolving Credit Agreement (James River Coal CO)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iii), the case may benext preceding Business Day).

Appears in 2 contracts

Samples: Senior Secured Term Loan Agreement (Washington Prime Group, L.P.), Senior Secured Term Loan Agreement (Washington Prime Group, L.P.)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments then such payment shall be made due and payable 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 and of any fees due under this Agreement, as the case may beDay.

Appears in 2 contracts

Samples: Senior Term Loan Agreement (International Aircraft Investors), Senior Term Loan Agreement (International Aircraft Investors)

Payments on Non-Business Days. Whenever If any payment to be made by Borrower required hereunder shall be stated to be is due on a day which is date not a Business Day, payments payment shall be made on the next succeeding Business Day with the same force and effect as if made on the date fixed for such extension of time payment, and no interest shall be included in accrue on such amount for the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beperiod after such date.

Appears in 2 contracts

Samples: Loan Agreement (Dte Energy Co), Installment Sale Agreement (Alabama Power Co)

Payments on Non-Business Days. Whenever any payment to be made by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Loan Agreement (Muehlstein Holding Corp), Loan Agreement (Muehlstein Holding Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower ----------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments the payment shall be made due 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 of any other fees due under this Agreementhereunder, as the case may be.

Appears in 2 contracts

Samples: Primestar Inc, Primestar Inc

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Note is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(b)(iii), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Muehlstein Holding Corp), Credit Agreement (Muehlstein Holding Corp)

Payments on Non-Business Days. Whenever any payment pay ment to be made by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(b)(iv), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 2 contracts

Samples: Credit Agreement (Donna Karan International Inc), Credit Agreement (Muehlstein Holding Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under any Note shall be stated to be due on a day which that is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Cityscape Financial Corp), Agreement (Advanced Radio Telecom Corp)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in (or, if required pursuant to Section 5.2(b)(iii), the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may benext preceding Business Day).

Appears in 2 contracts

Samples: Term Loan Agreement (General Growth Properties Inc), Term Credit Agreement (General Growth Properties Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day, unless such Business Day occurs in the succeeding month in which case such payment shall be made on the immediately preceding Business Day, and such extension of time time, if any, shall be included in the computation of the payment of interest hereunder and of any of the fees due under this Agreementspecified in Section 2.05, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (American Classic Voyages Co), Credit Agreement (American Classic Voyages Co)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Constellation Brands Inc), Bridge Loan Agreement (Associated Materials Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.03 hereof, as the case may be.

Appears in 2 contracts

Samples: Security Agreement (Diagnostic Retrieval Systems Inc), Diagnostic Retrieval Systems Inc

Payments on Non-Business Days. Whenever any payment to be made by Borrower ----------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Petersen Holdings LLC)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under any Loan shall be stated to be due on a day which is not a Business Daybusiness day, payments the payment shall be made on the next succeeding Business Day business day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due or under this Agreement, as the case may besuch Note.

Appears in 1 contract

Samples: Secured Credit Agreement (Talkpoint Communications Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under any Term Note is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding immediately following Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Kaynar Holdings Inc)

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Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beNotes.

Appears in 1 contract

Samples: Term Loan Agreement (MSX International Inc)

Payments on Non-Business Days. Whenever any payment to be made ----------------------------- by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Credit Agreement (Watson Pharmaceuticals Inc)

Payments on Non-Business Days. Whenever any ------------------------------ payment to be made by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section ------- 2.03, as the case may be.. ----

Appears in 1 contract

Samples: Taylor Ann Stores Corp

Payments on Non-Business Days. Whenever any payment to be made by any Borrower hereunder shall be or under the Note is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 2.7(b), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be or under any other Loan Document is stated to be due on a day which is not a Business Day, payments 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 of interest hereunder and of any fees due under this Agreement, as the case may beSection 2.1(c).

Appears in 1 contract

Samples: Loan Agreement (BrightSource Energy Inc)

Payments on Non-Business Days. Whenever any payment to be made ----------------------------- by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding immediately following Business Day (except as set forth in the proviso to the third sentence of the definition of "Interest Period" with respect to payments due on the immediately preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beFees hereunder.

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Interim Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Interim Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (TAL International Group, Inc.)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.03 hereof, as ------------ the case may be.

Appears in 1 contract

Samples: Credit Loan Agreement (Intelligroup Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may be.hereunder. 2.6.3

Appears in 1 contract

Samples: Loan Agreement

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which that is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Reimbursement Agreement (Buy Com Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which that is not a Business Day, payments 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 and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Nu Kote Holding Inc /De/)

Payments on Non-Business Days. Whenever any payment to be ----------------------------- made by a Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding immediately following Business Day (except as set forth in the proviso to the third sentence of the definition of "Interest Period" with respect to payments due on the immediately preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beFees hereunder.

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day and such extension of time (but not such next succeeding Business Day) shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Loan Agreement (Anchor Bancorp Wisconsin Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be or under the Note is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Loan Agreement (Accredited Mortgage Loan REIT Trust)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower or RMOP hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iv), the case may benext preceding Business Day).

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the facility fees and of any other fees due under this Agreementhereunder, as the case may be.. 103

Appears in 1 contract

Samples: Secured Credit Agreement (Owens Illinois Group Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Note shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beNote.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Lower Road Associates LLC)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments the due date thereof shall be made on extended to the next succeeding Business Day Day, and such extension of time any interest and fees with respect thereto shall be included in payable at the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beappropriate rate during such extension.

Appears in 1 contract

Samples: Landmark Land Co Inc/De

Payments on Non-Business Days. Whenever any payment to be made by Borrower Southland hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.06, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Southland Corp)

Payments on Non-Business Days. Whenever any payment to be made by any Borrower hereunder shall be or under the Notes made by such Borrower is stated to be due on a day which that is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 4.02(a)(iii), the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Credit Agreement (Hexcel Corp /De/)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments the payment shall be made due on the next succeeding Business Day except as set forth in the definition of "Interest Period" 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 of any other fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Republic Engineered Steels Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower the Borrowers hereunder shall be stated to be due on a day which is not a Business Day, payments 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 (at the otherwise applicable rate) and of any of the fees due under this Agreementspecified in SECTION 2.07 hereof, as the case may be.

Appears in 1 contract

Samples: Cantel Medical Corp

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may be, and be excluded from the computation of the succeeding period.

Appears in 1 contract

Samples: Loan Agreement (Taubman Centers Inc)

Payments on Non-Business Days. Whenever any payment to be made ----------------------------- by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.03 hereof, as ------------ the case may be.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Saga Systems Inc /De/)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be or under the Note is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (or, as set forth in Section 2.6(b) of this Agreement, the next preceding Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Secured Term Loan Agreement (Net 2 L P)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Senior Credit Agreement (Chancellor Radio Broadcasting Co)

Payments on Non-Business Days. Whenever any payment to be made ------------------------------- by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.03, as the ------------ case may be.

Appears in 1 contract

Samples: Credit Agreement (Taylor Ann Stores Corp)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments 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 and of any of the fees due under this Agreementspecified in Section 2.04, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Anntaylor Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Note shall be stated to be due on a day which that is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beNote.

Appears in 1 contract

Samples: Credit Agreement (Buy Com Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower ----------------------------- hereunder shall be stated to be due on a day date which is not a Business Day, payments 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 and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: National Golf Properties Inc

Payments on Non-Business Days. Whenever any payment to be made by the Borrower (or a Qualified Borrower, as applicable) hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement(or, as set forth in Section 5.2(b)(iii), the case may benext preceding Business Day).

Appears in 1 contract

Samples: Loans and Payments of Principal (Prometheus Senior Quarters LLC)

Payments on Non-Business Days. Whenever any payment to be made by Borrower ----------------------------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 and or under the Notes or of any the fees due under this Agreementhereunder, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Trump Hotels & Casino Resorts Funding Inc)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, payments 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 under the Notes or of the commitment and of any other fees due under this Agreementhereunder, as the case may be.. (1)

Appears in 1 contract

Samples: Loan Agreement (Formus Communications Inc)

Payments on Non-Business Days. Whenever any payment pay ment to be made by Borrower the Borrowers hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day Day, and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Payments on Non-Business Days. Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on on, and the due date thereof shall be deemed to be, the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may be.

Appears in 1 contract

Samples: Construction Loan Agreement (Imax Corp)

Payments on Non-Business Days. Whenever any payment to ----------------------------- be made by the Borrower hereunder shall be or under the Notes is stated to be due on a day which is not a Business Day, payments the payment shall instead be made due on the next succeeding Business Day (except as set forth in Section 5.2(b)(iii) with respect to payments due on the next preceding ------------------ Business Day), and any such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may behereunder.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Eco Corp)

Payments on Non-Business Days. Whenever If this Note or any payment to be made by Borrower hereunder shall be stated to be becomes due on a day which is not a Business Day, payments then the due date of this Note or payment shall be made on extended to the next succeeding Business Day Day, and such extension of time shall be included in the computation of the payment of computing interest hereunder and of any fees due under this Agreement, as the case may bein connection with such payment.

Appears in 1 contract

Samples: Kensey Nash Corp

Payments on Non-Business Days. Whenever any payment to be made by Borrower ----------------------------- hereunder or under the Note shall be stated to be due on a day which is not a Business Day, payments 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 and of any fees due or under this Agreement, as the case may beNote.

Appears in 1 contract

Samples: Loan and Security Agreement (Signature Resorts Inc)

Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments such payment shall be made deemed to be due on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may beDay.

Appears in 1 contract

Samples: Loan Agreement (Ligand Pharmaceuticals Inc)

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