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

Payments on Non-Business Days. Subject to the provisions of subsection 2.1D, 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, 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 other 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.

Payments on Non-Business Days. Subject to the provisions of subsection 2.1D, whenever Whenever any payment to be made ------------------------------ hereunder or under the Notes any Note or Acceptance shall be stated to be due on a day that which is not a Business Day, the payment 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 or under the Notes or of the commitment and other fees hereunder, as the case may beapplicable rate during such extension; provided, however, in the event that if the day on which any such --------- -------- 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 such month, then the due date thereof shall be the next preceding Business Day.

Payments on Non-Business Days. Subject to the provisions of subsection 2.1D, whenever Whenever any payment to be made hereunder pursuant to this Agreement, the Promissory Note(s) or under the Notes any other Loan Document shall be stated to be due on a day that which is not a Business Day, 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 Default Interest pursuant to this Agreement, the Promissory Note(s) or under the Notes or of the commitment and any other fees hereundersuch Loan Document, as the case may beapplicable; provided, however, that if in the event the day on upon which payment relating to a Eurodollar Rate Loan is due is not a Business Day 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.

Payments on Non-Business Days. Subject to the provisions of subsection 2.1D, whenever Whenever any payment to be made hereunder or under the Notes any Note shall be stated to be due on a day that which is not a Business Day, the payment 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 or under the Notes or of the commitment and other fees hereunder, as the case may beapplicable rate during such extension; provided, however, in the event that if the day on which any such 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 such month, then the due date thereof shall be the next preceding Business Day.

Payments on Non-Business Days. Subject to the provisions of subsection 2.1D, whenever 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, 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 other 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.