Common use of Day not a Business Day Clause in Contracts

Day not a Business Day. 21.1 In the event that any day on or before which any action is required to be taken hereunder is not a Business Day, then such action shall be required to be taken on or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall be included for purposes of the computation of any interest payable hereunder.

Appears in 2 contracts

Samples: Registration Rights Agreement (Rio Tinto PLC), Us Geothermal Inc

AutoNDA by SimpleDocs

Day not a Business Day. 21.1 In the event that any day on which any amount is to be determined or before which any action is required to be taken hereunder is not a Business Daybusiness day, then such amount shall be determined or such action shall be required to be taken on at or before the requisite time on the next succeeding day that is a Business Daybusiness day. If the payment of This section 16.10 is not applicable to any amount is deferred for any period, then such period shall distributions which are to be included for purposes of the computation of any interest payable hereundermade hereunder on December 31.

Appears in 2 contracts

Samples: Contract of Trust, content.cominar.com

Day not a Business Day. 21.1 In the event that any day on which any amount is to be determined or before which any action is required to be taken hereunder is not a Business Daybusiness day, then such amount shall be determined and such action shall be required to be taken on at or before the requisite referenced time on the next succeeding day that is a Business Daybusiness day. If the payment of any amount is deferred for any period, then such period This Section 1.8 shall not be included for purposes of the computation of any interest payable hereunderapplicable to Sections 13.1 or 13.2 hereof.

Appears in 1 contract

Samples: Trust Agreement (Strategic Energy Fund)

Day not a Business Day. 21.1 In the event that any day on which any amount is to be determined or before which any action is required to be taken hereunder is not a Business Daybusiness day, then such amount shall be determined or such action shall be required to be taken on at or before the requisite time on the next succeeding day that is a Business Daybusiness day. If the payment of This section is not applicable to any amount is deferred for any period, then such period shall distributions which are to be included for purposes of the computation of any interest payable hereundermade hereunder on December 31.

Appears in 1 contract

Samples: Contract of Trust

Day not a Business Day. 21.1 In the event that any day on or before which any action action, calculation, determination or allocation is required to be taken hereunder is not a Business Day, then such action action, calculation, determination or allocation shall be required to be taken at the requisite time on or before the first succeeding day that is a Business Day thereafter, unless such day is in the next calendar month, in which case such action, calculation, determination or allocation shall be required to be taken at the requisite time on the next succeeding first preceding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall be included for purposes of the computation of any interest payable hereunder.10.28

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Day not a Business Day. 21.1 23.1 In the event that any day on or before which any action is required to be taken hereunder is not a Business Day, then such action shall be required to be taken on or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall be included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Secured Note Amending Agreement (Alderon Iron Ore Corp.)

Day not a Business Day. 21.1 In the event that any day on or before which any action is required to be taken hereunder is not a Business Day, then such action shall will be required to be taken on or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall will be included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Amending Agreement (Rio Tinto PLC)

AutoNDA by SimpleDocs

Day not a Business Day. 21.1 In Except as expressly specified in this Agreement, in the event that any day on which any amount is to be determined or before which any action is required to be taken hereunder is not a Business Day, then such amount shall be determined or such action shall be required to be taken on at or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall be included for purposes of the computation of any interest payable hereunderDay except as otherwise provided herein.

Appears in 1 contract

Samples: Partnership Agreement

Day not a Business Day. 21.1 In the event that Except as otherwise provided herein, if any day on which an amount is to be determined or before which any other action is required to be taken hereunder under this Note is not a Business Day, then such amount shall be determined on or such action shall be required to be taken on at or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall be included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Royalty Agreement (Seabridge Gold Inc)

Day not a Business Day. 21.1 22.1 In the event that any day on or before which any action is required to be taken hereunder is not a Business Day, then such action shall will be required to be taken on or before the requisite time on the next succeeding day that is a Business Day. If the payment of any amount is deferred for any period, then such period shall will be included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Amending Agreement (Rio Tinto PLC)

Time is Money Join Law Insider Premium to draft better contracts faster.