Due Date Extension. If any payment of principal of or interest on any Loan or any fees payable hereunder falls due on a day that is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 2 contracts
Sources: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan or any fees payable hereunder falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 2 contracts
Sources: Receivables Financing Agreement (Asta Funding Inc), Receivables Financing Agreement (KBK Capital Corp)
Due Date Extension. If any payment of principal of of, or interest on any Loan of the Loans or any fees payable payment of any fee provided for herein or any other amount due hereunder falls shall fall due on a day that which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day of Bank and (in the case of principal) additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 2 contracts
Sources: Loan and Security Agreement (U S Vision Inc), Loan and Security Agreement (U S Vision Inc)
Due Date Extension. If any payment of principal of or interest on any Loan with respect to the Notes, or any fees payable hereunder of Letter of Credit Fees, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Bogen Communications International Inc)
Due Date Extension. If any payment of principal of or interest on any the Term Loan or any fees payable hereunder falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Sources: Term Loan Agreement (Rotonics Manufacturing Inc/De)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan or any fees payable hereunder of the Notes, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Loans, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then such that due date shall will be extended to the next immediately following Business Day, and (and, in the case of principal) , additional interest shall will accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Track Group, Inc.)
Due Date Extension. If Unless otherwise provided in the Note, if any payment of principal of or interest on under the Note (or of any Loan or any fees other amount payable hereunder hereunder) falls due on a day that which is not a Banking Business Day, then such due date shall be extended to the next following Banking Business Day, Day and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on any the Loan or any fees payable hereunder falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of of, or interest on any of the Revolving Loan or any fees payable payment of any fee provided for herein or any other amount due hereunder falls shall fall due on a day that which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and (in the case of principal) additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with ------------------ respect to any Loan of the Notes, or of any fees payable hereunder fee, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Global Industrial Technologies Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Loans, or of any fees payable hereunder fees, falls due on a day that is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Lithia Motors Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Credit Extensions, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then then, except as Table of Contents otherwise provided in Section 5.3, such due date shall be extended to the next following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Fifth Amended and Restated Credit Agreement (Hollinger International Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Loans, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension. C\251418.▇▇▇▇▇▇▇▇▇▇ 16509377
Appears in 1 contract
Due Date Extension. If any payment of principal of of, or ------------------ interest on any Loan of the Loans or any fees payable payment of any fee provided for herein or any other amount due hereunder falls shall fall due on a day that which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and (in the case of principal) additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Notes, or any fees payable hereunder of Commitment Fees or Letter of Credit fees, falls due on a day that is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of of, or ------------------ interest on any the Loan or any fees payable payment of any fee provided for herein or any other amount due hereunder falls shall fall due on a day that which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and (in the case of principal) additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Loans, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay (unless, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.a 29
Appears in 1 contract
Sources: Credit Agreement (Cpi Corp)
Due Date Extension. If any payment of principal of or interest on any Loan the Loans or any fees payable hereunder falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Sources: Master Credit and Security Agreement (Credit Store Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Notes, or of any fees payable hereunder fee, falls due on a day that which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Illinova Corp)
Due Date Extension. If any payment of principal of or interest on any Term Loan or any fees payable hereunder falls due on a day that is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or ------------------ interest with respect to any of or interest on any Loan or any fees payable hereunder the Loans falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, Day and (in the case of principal) additional interest shall accrue and be payable for the period of to, but not including, such extensionBusiness Day.
Appears in 1 contract
Sources: Loan Agreement (Ryder TRS Inc)
Due Date Extension. If any payment of principal of or interest on with ------------------ respect to any Loan of the Notes, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with respect to any Loan or any fees payable hereunder Reimbursement Obligation falls due on a day that which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional interest shall accrue at the applicable interest rate and be payable for the period of such extension.
Appears in 1 contract
Sources: Loan Agreement (G&k Services Inc)
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Loans, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then (subject to the last paragraph of Section 4.3) such due date shall be extended to the next immediately following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest on with respect to any Loan of the Credit Extensions, or of any fees payable hereunder fees, falls due on a day that which is not a Business Day, then then, except as provided in Section 4.3, such due date shall be extended to the next following Business DayDay and, and (in the case of principal) , additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract