Common use of Extension of Maturity Clause in Contracts

Extension of Maturity. Should the principal of or interest on this Debenture become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Exchange Applications Inc), Securities Purchase Agreement (Exchange Applications Inc), Securities Purchase Agreement (Insight Venture Partners Iv Lp)

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Extension of Maturity. Should the principal of or interest on this Debenture Note become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Gentle Dental Service Corp), Exhibit 99 (Exchange Applications Inc), Exhibit 99 (Exchange Applications Inc)

Extension of Maturity. Should the principal of or and interest on this Debenture Note become due and payable on other than a Business Day, the maturity date thereof hereof shall be extended to the next succeeding Business Day, and, in the case of principal, and principal and interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 3 contracts

Samples: Harvey Entertainment Co, Jafra Cosmetics International Inc, Jafra Cosmetics International Inc

Extension of Maturity. Should the Except as otherwise specifically provided in Article 1 or 8 hereof, should any payment of principal of or interest on this Debenture the Notes or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, Day and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Cendant Corp), Cendant Corp

Extension of Maturity. Should the principal of or interest on this Debenture become due and payable on other than a Business Daybusiness day, the maturity date thereof shall be extended to the next succeeding Business Daybusiness day, and, in the case of principal, and interest shall be payable thereon at the rate per annum herein specified during such extension.per

Appears in 1 contract

Samples: CHS Electronics Inc

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Extension of Maturity. Should the principal of or interest on this Debenture any Note, or any mandatory prepayment of the principal thereof, become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, Day and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 1 contract

Samples: Credit Agreement (Interstate Power & Light Co)

Extension of Maturity. Should the principal of or interest on this Debenture Note become due and payable on other than a Business Daybusiness day, the maturity date Maturity Date thereof shall be extended to the next succeeding Business Daybusiness day, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 1 contract

Samples: Cephalon Inc

Extension of Maturity. 12 13 Should the principal of or and interest on this Debenture Note become due and payable on other than a Business Day, the maturity date thereof hereof shall be extended to the next succeeding Business Day, and, in the case of principal, and principal and interest shall be payable thereon at the rate per annum herein specified during such extension.

Appears in 1 contract

Samples: Guez Paul

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