Common use of Banking Days Clause in Contracts

Banking Days. Except as otherwise provided in this Guaranty, if any date on which a payment is to be made, notice is to be given or other action taken hereunder is not a Banking Day, then such payment, notice or other action shall be made, given or taken on the next succeeding Banking Day in such place, and in the case of any payment, no interest shall accrue for the delay.

Appears in 4 contracts

Samples: Asset Sale and Purchase Agreement (Tesoro Logistics Lp), Asset Sale and Purchase Agreement (Tesoro Logistics Lp), Asset Sale and Purchase Agreement

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Banking Days. Except as otherwise provided in this Guaranty, if any date on which a payment is to be made, notice is to be given or other action taken hereunder is not a Banking Day, then such payment, notice or other action shall be made, given or taken on the next succeeding Banking Day in such place, and in the case of any payment, no interest shall accrue for the that delay.

Appears in 3 contracts

Samples: Petroleum Licence Agreement, Reconnaissance Contract, Petroleum Licence Agreement

Banking Days. Except as otherwise provided in this GuarantyGuaranty Agreement, if any date on which a payment is to be made, notice is to be given or other action taken hereunder is not a Banking Day, then such payment, notice or other action shall be made, given or taken on the next succeeding Banking Day in such place, and in the case of any payment, no interest shall accrue for the delay.

Appears in 2 contracts

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc), License Agreement

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Banking Days. Except as otherwise provided in this GuarantyGuaranty Agreement, if any date on which a payment is to be made, notice is to be given or other action taken hereunder is not a Banking Day, then such payment, notice or other action shall be made, given or taken on the next succeeding Banking Day in such place, and in the case of any payment, no interest shall accrue for the delay.

Appears in 1 contract

Samples: Guaranty Agreement (Sabine Pass LNG, L.P.)

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