Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking Day, except that in the case of a payment in respect of a LIBOR Advance, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 15 contracts
Samples: Credit Facility Agreement (Hudbay Minerals Inc.), Credit Facility Agreement (Hudbay Minerals Inc.), Credit Facility Agreement (Maverix Metals Inc.)
Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking Day, except that in the case of a payment in respect of a LIBOR Advancepayment, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 4 contracts
Samples: Third Amending Agreement (ATS Corp /ATS), Credit Agreement (ATS Corp /ATS), Second Amending Agreement (ATS Corp /ATS)
Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking DayDay except that, except that in the case of a payment in respect of a LIBOR Advancepayment, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 3 contracts
Samples: Credit Agreement (CRH Medical Corp), Credit Agreement (CRH Medical Corp), Credit Agreement
Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking Day, except that in the case of a payment in respect of a LIBOR Advance, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 2 contracts
Samples: Credit Agreement (Maverix Metals Inc.), Credit Agreement (Iamgold Corp)
Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking Day, except that in the case of a payment in respect of a LIBOR SOFR Advance, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 2 contracts
Samples: Amending Agreement (Hudbay Minerals Inc.), Amending Agreement (Hudbay Minerals Inc.)
Performance on Banking Days. If any action is required to be taken pursuant to any Loan Document on or by a specified date that is not a Banking Day, the action is valid if taken on or by the next Banking Day, except that in the case of a payment in respect of a LIBOR SOFR Advance, if the next Banking Day is in a different calendar month then the payment shall be made on the preceding Banking Day.
Appears in 2 contracts
Samples: Credit Agreement (Hudbay Minerals Inc.), Credit Agreement (Hudbay Minerals Inc.)
