Common use of Business Day Payments Clause in Contracts

Business Day Payments. Whenever any of the terms and provisions of this Agreement or the other Loan Documents provides that any payment to be made shall be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest, if any, in connection with such payment.

Appears in 14 contracts

Samples: Loan Agreement (Wilshire Mutual Funds Inc), Loan Agreement (Thompson Im Funds Inc), Loan Agreement (Baird Funds Inc)

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Business Day Payments. Whenever any of the terms and provisions of this Agreement or the other Loan Documents documents provides that any payment to be made shall be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest, if any, in connection with such payment.

Appears in 9 contracts

Samples: Loan Agreement (Matrix Advisors Value Fund Inc), Loan Agreement (Thompson Plumb Funds Inc), Loan Agreement (MSS Series Trust)

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Business Day Payments. Whenever any of the terms and provisions of this Agreement or the other Loan Documents provides that any payment to be made shall be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest, if any, in connection with such payment.. 127343843v1

Appears in 1 contract

Samples: Loan Agreement (Aristotle Funds Series Trust)

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