Common use of Date of Payment Clause in Contracts

Date of Payment. If the date on which a payment of principal or interest on the Loan is due is a day other than a Business Day, then payment of such principal or interest need not be made on such date but may be made on the next succeeding Business Day.

Appears in 15 contracts

Samples: Line of Credit Agreement (Biotime Inc), Line of Credit Agreement (Biotime Inc), Credit Agreement (Biotime Inc)

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Date of Payment. If the date on which a payment of principal or interest on the Loan is due is a day other than a Business Day, then payment of such principal or interest need not be made on such date but may be made on the next succeeding Business Day.. 1.1.7

Appears in 1 contract

Samples: Line of Credit Agreement (Biotime Inc)

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Date of Payment. If the date on which a payment of principal or interest on the Loan is due is a day other than a Business Day, then payment of such principal or interest need not be made on such date but may be made on the next succeeding Business Day.. 1.3.5

Appears in 1 contract

Samples: Line of Credit Agreement (Biotime Inc)

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