Business Day Adjustment. (a) When an Interest Payment Date is not a Business Day, then such Interest Payment Date shall be automatically changed to the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).
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Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Ultrapetrol Bahamas LTD)
Business Day Adjustment. (a) When an Interest Payment Date is not a Business Day, then the interest payable or such Interest Payment Date shall be automatically changed to payable on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).. BACK
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