Common use of Business Days Clause in Contracts

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 58 contracts

Sources: Indenture (Cleveland-Cliffs Inc.), Indenture (Cleveland-Cliffs Inc.), Indenture (Alcoa Corp)

Business Days. If a payment date is on a date that is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on such payment for the intervening period. If a regular record date is on a day that is not a Business Day, the record date shall not be affected.

Appears in 31 contracts

Sources: Fifth Supplemental Indenture (Southwest Gas Corp), Fourth Supplemental Indenture (Southwest Gas Corp), Third Supplemental Indenture (Southwest Gas Corp)

Business Days. If a payment date is not a Business Day, payment shall may be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 27 contracts

Sources: Indenture (Hawaiian Electric Co Inc), Indenture (Match Group, Inc.), Indenture (QVC Inc)

Business Days. If a payment date (including, for the avoidance of doubt, the maturity date or any Redemption Date) is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 10 contracts

Sources: Indenture (SEADRILL LTD), Indenture (Energizer Holdings, Inc.), Indenture (Seadrill LTD)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business DayHoliday, and no interest shall accrue with respect to such payment for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 7 contracts

Sources: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc)

Business Days. If a scheduled payment date is not a Business DayDay at a place of payment, payment shall may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 6 contracts

Sources: Indenture (Summit Midstream Partners, LP), Indenture Agreement (Summit Midstream Partners, LP), Indenture (Summit Midstream Partners, LP)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening periodperiod and no Default shall be deemed to occur due to such payment in accordance herewith. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 5 contracts

Sources: Indenture (Beacon Roofing Supply Inc), Indenture (Beacon Roofing Supply Inc), Indenture (Beacon Roofing Supply Inc)

Business Days. If a payment date is not a Business Day, payment shall may be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 4 contracts

Sources: Indenture (Interpool Inc), Indenture (Interpool Inc), Indenture (Interpool Inc)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date Regular Record Date is not a Business Day, the record date shall not be affected.

Appears in 4 contracts

Sources: Indenture (Gannett Co., Inc.), Indenture (Arconic Corp), Indenture (Arconic Rolled Products Corp)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 3 contracts

Sources: Indenture (Unifi Communications Inc), Indenture (Cai Wireless Systems Inc), Indenture (Cai Wireless Systems Inc)

Business Days. If a payment date (including an Interest Payment Date) is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 3 contracts

Sources: Indenture (CPG Newco LLC), Indenture (CPG Newco LLC), Indenture (CPG Newco LLC)

Business Days. If a payment date, delivery date or date of performance is not a Business Day, payment shall such payment, delivery or performance may be made on the next succeeding day that is a Business DayDay and, and if applicable, no additional interest shall accrue for in respect of the intervening period. If a regular record date is not a time period to and including such next succeeding Business Day, the record date shall not be affected.

Appears in 2 contracts

Sources: Indenture (Exco Resources Inc), Indenture (Constellium N.V.)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest or Deficiency Premiums shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 2 contracts

Sources: Indenture (Maxxam Inc), Indenture (Maxxam Inc)

Business Days. If a any date on which payment date is scheduled to be made is not a Business Day, payment shall will be made on the next succeeding day that is a Business Day, and no additional interest shall will accrue for in respect of the intervening period. If a regular record date is not a Business Day, the record date shall not be affecteddelay.

Appears in 2 contracts

Sources: Bond Purchase Agreement (Sprint Nextel Corp), Bond Purchase Agreement (Starburst II, Inc.)

Business Days. If a payment date is not a Business DayDay at a particular place of payment, payment shall may be made at such place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (Power Ten)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business DayDay as if it were made on the date such payment was due, and no interest shall accrue for the intervening periodperiod and no Default shall be deemed to occur due to such payment in accordance herewith. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (Greif Inc)

Business Days. If a payment date is not a Business DayDay at a place of payment, payment shall may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (CST Brands, Inc.)

Business Days. If a the due date for any payment date in respect of any Notes is not a Business DayDay at the place at which such payment is due to be paid, then payment shall be made on the next succeeding day that is a Business Day, and no . No interest shall accrue on the amount so payable for the intervening periodperiod from such payment date to the date payment is made. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (GCP Applied Technologies Inc.)

Business Days. If a payment date is on a date that is ------------- not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on such payment for the intervening period. If a regular record date is on a day that is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (21st Century Insurance Group)

Business Days. If a payment date is not a Business Day, payment shall may be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date Record Date is not a Business Day, the record date Record Date shall not be affected.

Appears in 1 contract

Sources: Indenture (IAC Inc.)

Business Days. If any payment is due on a payment date day that is not a Business Day, payment shall be made on the next immediately succeeding day that is a Business Day, Day and no interest shall accrue for the intervening period. If as a regular record date is not a Business Day, the record date shall not be affectedresult of such delay.

Appears in 1 contract

Sources: Indenture (Iconix Brand Group, Inc.)

Business Days. If a payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected[Balance of page intentionally left blank.]

Appears in 1 contract

Sources: Indenture (Cai Wireless Systems Inc)

Business Days. If a any payment date with respect to the Notes (including, for the avoidance of doubt, any interest payment date, the maturity date or any Redemption Date) is not a Business Day, the payment due on such day shall instead be made on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. If a regular record date is not a Business Day, the record date shall not be affected.

Appears in 1 contract

Sources: Indenture (Diamond Offshore Drilling, Inc.)