Payments to be Made on Banking Days. Whenever any payment hereunder shall be stated to be due on a day other than a Banking Day, such payment shall be made on the next succeeding Banking Day (unless such next succeeding Banking Day would fall in the succeeding calendar month, in which case such payment shall be made on the next preceding Banking Day), and any such extension or reduction of time shall in such case be reflected in the computation of payment of interest.
Appears in 2 contracts
Samples: Loan Agreement (Tim S.A.), Loan Agreement (Tim Participacoes Sa)
Payments to be Made on Banking Days. Whenever any payment hereunder shall be stated to be made hereunder is due on a day other than that is not a Banking Day, . such payment shall be made on the next succeeding immediately following Banking Day (unless such next succeeding the following Banking Day would fall falls in the succeeding another calendar month, in which case such payment shall be made on the next immediately preceding Banking Day), and any such extension or reduction of time shall in such case be reflected in the computation of payment of interest.
Appears in 1 contract
Samples: Credit Agreement (Bright Green Corp)
Payments to be Made on Banking Days. Whenever any payment hereunder shall be stated to be made hereunder is due on a day other than that is not a Banking Day, such payment shall be made on the next succeeding immediately following Banking Day (unless such next succeeding the following Banking Day would fall falls in the succeeding another calendar month, in which case such payment shall be made on the next immediately preceding Banking Day), and any such extension or reduction of time shall in such case be reflected in the computation of payment of interest.
Appears in 1 contract
Samples: Credit Agreement (Village Farms International, Inc.)
