Common use of Timing of Payment or Performance Clause in Contracts

Timing of Payment or Performance. When the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of LIBOR Period) or performance shall extend to the immediately succeeding Business Day.

Appears in 11 contracts

Samples: Revolving Loan Credit Agreement (XPO Logistics, Inc.), Refinancing Amendment (XPO Logistics, Inc.), Revolving Loan Credit Agreement (XPO Logistics, Inc.)

AutoNDA by SimpleDocs

Timing of Payment or Performance. When Unless otherwise expressly provided herein, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of LIBOR Period) or performance shall extend to the immediately succeeding Business Day.

Appears in 3 contracts

Samples: Credit Agreement (Tiga Acquisition Corp.), Credit Agreement (Tiga Acquisition Corp.), Credit Agreement (Tiga Acquisition Corp.)

Timing of Payment or Performance. When the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of LIBOR Period or Interest Period) or performance shall extend to the immediately succeeding Business Day.

Appears in 2 contracts

Samples: Incremental Amendment to Credit Agreement (XPO, Inc.), Refinancing Amendment (XPO, Inc.)

AutoNDA by SimpleDocs

Timing of Payment or Performance. When Unless otherwise expressly provided herein, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of LIBOR LIBORInterest Period) or performance shall extend to the immediately succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Grindr Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!