Common use of Business Day Convention Clause in Contracts

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this Note.

Appears in 55 contracts

Samples: Agreement Re: Secured Notes (Hc2 Holdings, Inc.), Secured Note (Hc2 Holdings, Inc.), Letter Agreement (SFX Entertainment, INC)

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Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this NoteDay.

Appears in 3 contracts

Samples: Intellectual Property Assignment Agreement (Kid Brands, Inc), Settlement Agreement (Cannabis Global, Inc.), Esports Entertainment Group, Inc.

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this NoteAgreement.

Appears in 2 contracts

Samples: Multi Draw Credit Agreement (Emerald Bioscience, Inc.), Multi Draw Credit Agreement (Nemus Bioscience, Inc.)

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding last preceding Business Day and such extension adjustment will be taken into account in calculating the amount of interest interest, if any, payable under this Note.

Appears in 2 contracts

Samples: Bellicum Pharmaceuticals, Inc, Bellicum Pharmaceuticals, Inc

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this Notethe Notes.

Appears in 2 contracts

Samples: Subordination Agreement (Ampco Pittsburgh Corp), Subordination Agreement (Ampco Pittsburgh Corp)

Business Day Convention. Whenever If any payment to be made hereunder sum payable by the Assignor or the Bank under this Agreement shall be become due on a day that which is not a Business Day, such payment the due date therefore shall be made on extended to the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this Notesame calendar month (If there is one) or the preceding Business Day (if there is not).

Appears in 2 contracts

Samples: Assignment Agreement (Luxoft Holding, Inc), Assignment Agreement (Luxoft Holding, Inc)

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest payable under this Note.. Exhibit 10.27

Appears in 1 contract

Samples: Tecogen Inc.

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Business Day Convention. Whenever any payment or deposit to be made hereunder shall be due or payable on a day that is not other than a Business Day, such payment or deposit shall be made on the next succeeding Business Day and such extension will of time shall be taken into account included in calculating the amount computation of Yield or interest payable under this Notedue thereon, if applicable.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Covanta Holding Corp)

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day Day, and such extension will be taken into account in calculating the amount of interest payable under this Note.

Appears in 1 contract

Samples: Demand Promissory Note (Global Digital Solutions Inc)

Business Day Convention. Whenever If any sum would otherwise become due for payment pursuant to be made hereunder shall be due this Agreement on a day that which is not a Business Day, the due date for such payment shall instead be made on the next succeeding Business Day unless such Business Day falls in the next calendar month, in which event such date shall be the immediately preceding Business Day and such extension will interest shall be taken into account in calculating the amount of interest payable under this Noteadjusted accordingly.

Appears in 1 contract

Samples: Agreement (Weichai America Corp.)

Business Day Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day and each such extension will non-Business Day shall be taken into account in included for purposes of calculating the amount of interest payable under this Note.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ag&e Holdings Inc.)

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