Common use of Extension of Payments Clause in Contracts

Extension of Payments. If any payment under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 3 contracts

Samples: Credit Agreement (NorthStar Asset Management Group Inc.), Credit Agreement (Northstar Realty Finance Corp.), Credit Agreement (NorthStar Asset Management Group Inc.)

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Extension of Payments. If any payment under this Agreement or under the Related Documents Bank Note shall become due on a day which is not a Business Day, Day then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunderhereunder or under the Bank Note.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

Extension of Payments. If any payment under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 3 contracts

Samples: Liquidity Agreement, Liquidity Agreement, Securities Pledge and Security Agreement (Tenet Healthcare Corp)

Extension of Payments. If any payment under this --------------------- Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Overhead Door Corp /In/), Credit Agreement (Overhead Door Corp /In/)

Extension of Payments. If any payment by the Borrower under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Reading International Inc)

Extension of Payments. If any payment under this Agreement or the other Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Credit Agreement (Luminent Mortgage Capital Inc)

Extension of Payments. If any payment by the Borrower under this --------------------- Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Citadel Holding Corp)

Extension of Payments. If any payment under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Loan Facility Agreement (Westbrook Real Estate Fund I Lp)

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Extension of Payments. If any payment from the Borrower to a Lender under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, Day and such extension additional time shall be taken into account included in computing the amount computation of any interest or fees then due and payable hereunderinterest.

Appears in 1 contract

Samples: Credit Agreement (Xinyuan Real Estate Co LTD)

Extension of Payments. If any payment under this Agreement or the other Related Documents shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees fees, as the case may be, then due and payable hereunder.

Appears in 1 contract

Samples: Credit Agreement (Luminent Mortgage Capital Inc)

Extension of Payments. If any payment under this Agreement or the Related Documents shall become due on a day which is not a Business Day, then except as otherwise provided with respect to Eurodollar Loans, the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Credit Agreement (Black Hills Corp /Sd/)

Extension of Payments. If any payment under this Agreement or the Related Documents Revolving Credit Fee Agreement shall become due on a day which is not a Business Day, then the due date thereof shall be extended to the next following day which is a Business Day, and such extension shall be taken into account in computing the amount of any interest or fees then due and payable hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Minimed Inc)

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