Common use of Extension of Maturity Clause in Contracts

Extension of Maturity. Except as otherwise expressly provided herein, whenever a payment to be made hereunder shall fall due and payable on any day other than a Business Day, such payment may be made on the next succeeding Business Day, and such extension of time shall be included in computing interest.

Appears in 18 contracts

Samples: Rloc Credit Agreement (Healthier Choices Management Corp.), Credit Agreement (Globecomm Systems Inc), Credit Agreement (Globecomm Systems Inc)

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Extension of Maturity. Except as otherwise expressly provided herein, whenever a payment to be made hereunder shall fall due and payable on any day other than a Business Day, such payment may be made on the next succeeding Business Day, Day and such extension of time shall be included in computing interest.

Appears in 2 contracts

Samples: Term Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Term Loan and Security Agreement (Techprecision Corp)

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