Common use of Holidays Clause in Contracts

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 26 contracts

Samples: Securities Purchase Agreement (AGA Medical Holdings, Inc.), Note and Equity Purchase Agreement (American Capital Strategies LTD), Note Purchase Agreement (Sherborne Investors GP, LLC)

AutoNDA by SimpleDocs

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 14 contracts

Samples: Revolving Credit Agreement (Jacobson Stores Inc), Guaranty and Suretyship Agreement (Sylvan Inc), Credit Agreement (Genesis Direct Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 9 contracts

Samples: Credit Agreement (CreditCards.com, Inc.), Note and Equity Purchase Agreement (Mirion Technologies, Inc.), Credit Agreement (CreditCards.com, Inc.)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes any Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 8 contracts

Samples: Credit and Term Loan Agreement (Golden Books Family Entertainment Inc), Equipment Loan and Security Agreement (Econophone Inc), Revolving Credit and Term Loan Agreement (Golden Books Family Entertainment Inc)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Sun Television & Appliances Inc), Loan and Security Agreement (Focal Communications Corp), Loan and Security Agreement (Startec Global Communications Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under any of the Notes Loan Documents shall be stated to be due or to be performed on a day which is not a Business Daybusiness day, such payment or action shall be made or taken on the next next-following Business Day, business day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (Windrose Medical Properties Trust), Secured Revolving Credit Agreement (Windrose Medical Properties Trust), Secured Revolving Credit Agreement (Windrose Medical Properties Trust)

Holidays. Whenever any payment or action to be made or taken -------- hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Sections 4.02(a) and (b) with respect to Interest Periods for Loans subject to a Euro-Rate Option), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 5 contracts

Samples: Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 4 contracts

Samples: Loan Agreement (Foster L B Co), Assignment and Assumption Agreement (Pg Energy Inc), Loan Agreement (Foster L B Co)

Holidays. Whenever Except as otherwise provided in this Agreement, whenever any payment or action to be made or taken hereunder under this Agreement, or under the Notes shall be or under any of the other Loan Documents is stated to be due on a day which is not a Business Day, such payment or action shall will be made or taken on the next following Business Day, Day and such extension of time shall will be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Ipec Holdings Inc), Credit Agreement (River Marine Terminals Inc), Shortfall Loan Agreement (Uni Marts Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day (except as provided in Section 2.04(c) with respect to LIBOR Funding Periods) and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 4 contracts

Samples: Credit Agreement (Black Box Corp), Credit Agreement (Norstan Inc), Credit Agreement (Black Box Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 3 contracts

Samples: Loan Agreement, Note Purchase Agreement, Note Purchase Agreement

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Notes, or the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 3 contracts

Samples: Credit Agreement (Decorative Home Accents Inc), Credit Agreement (Decorative Home Accents Inc), Credit Agreement (Decorative Home Accents Inc)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes a Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement (Sundance Homes Inc), Credit Loan Agreement (Sundance Homes Inc), Credit Loan Agreement (Sundance Homes Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in the definition of "Interest Period"), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 3 contracts

Samples: Credit Agreement (Borders Group Inc), Multicurrency Credit Agreement (Borders Group Inc), Credit Agreement (Borders Group Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.02(a) with respect to Euro-Rate Interest Periods), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 3 contracts

Samples: Credit Agreement (Mariner Health Group Inc), Credit Agreement (Mariner Health Group Inc), Credit Agreement (Mariner Health Group Inc)

Holidays. Whenever Loan Payments to be made or taken hereunder shall be due on a day which is not a Business Day, such payment shall be due on the next Business Day and such extension of time shall be included in computing interest and fees. Whenever any payment or action to be made or taken hereunder or under the Notes (other than Loan Payments) shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall not be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 2 contracts

Samples: Funding and Credit Agreement (Olin Corp), Funding and Credit Agreement (Olin Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 3.2 with respect to Interest Periods), and such extension of time shall may be included in computing interest or fees, if any, in connection with such payment or action, except that the Loan shall be due on the Business Day preceding the Expiration Date if the Expiration Date is not a Business Day.

Appears in 2 contracts

Samples: Loan Agreement (Interstate Hotels Corp), Loan Agreement (Corporate Property Associates 17 - Global INC)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Section 10.02.

Appears in 2 contracts

Samples: Pledge Agreement (Foster Wheeler Corp), Pledge Agreement Pledge Agreement (Foster Wheeler Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.02(a)), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 2 contracts

Samples: Credit Agreement (Novacare Inc), Credit Agreement (Novacare Inc)

Holidays. Whenever payment of a Loan to be made or taken hereunder shall be due on a day which is not a Business Day such payment shall be due on the next Business Day and such extension of time shall be included in computing interest and fees, except that the Loans shall be due on the Business Day preceding the Expiration Date if the Expiration Date is not a Business Day. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such (other than payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.the

Appears in 2 contracts

Samples: Credit Agreement (Aquapenn Spring Water Company Inc), Credit Agreement (Lone Star Technologies Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day (except as provided in Section 2.04(c) with respect to Euro-Rate Funding Periods) and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 2 contracts

Samples: Credit Agreement (Black Box Corp), Term Credit Agreement (Black Box Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.2.1 with respect to Interest Periods under the Euro-Rate Option), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 2 contracts

Samples: Credit Agreement (Suburban Lodges of America Inc), Credit Agreement (Phymatrix Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 2 contracts

Samples: Convertible Note and Warrant Purchase Agreement (Lenfest H F), Convertible Note and Warrant Purchase Agreement (Environmental Tectonics Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under with respect to the Notes Collateral shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Agreement (Tele Communications Inc /Co/)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Related Documents shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Koppers Industries Inc)

Holidays. Whenever any payment or action to be made or taken -------- hereunder or under the Notes any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Korn Ferry International)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.2 with respect to Euro-Rate Interest Periods), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Zaring National Corp)

Holidays. Whenever Except as otherwise provided in this Agreement, whenever any payment or action to be made or taken hereunder under this Agreement, or under the Notes shall be Note or under any of the other Loan Documents is stated to be due on a day which is not a Business Day, such payment or action shall will be made or taken on the next following Business Day, Day and such extension of time shall will be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Sylvan Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.in

Appears in 1 contract

Samples: Revolving Credit Agreement (Foster Wheeler Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes any other Loan Document shall be stated to be due on a day which that is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (H&r Block Inc)

Holidays. Whenever any payment or action to be made or -------- taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following succeeding Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan Agreement (Unified Financial Services Inc)

Holidays. Whenever any payment or action to be made or taken hereunder -------- or under the Notes or Warrant or any other Purchase Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Note and Equity Purchase Agreement (Encore Medical Corp)

Holidays. Whenever Unless otherwise set for the herein, whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which that is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (American Capital Senior Floating, Ltd.)

Holidays. Whenever any payment or action to be made or taken -------- hereunder or under the Notes Subordinated Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan Agreement (Krasovec Frank P)

AutoNDA by SimpleDocs

Holidays. Whenever any payment or action to be made or taken hereunder under -------- this Agreement or under any of the Notes shall be other Loan Documents is stated to be due on a day which is not a Business Day, such payment or action shall will be made or taken on the next following Business Day, Day and such extension of time shall will be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan and Security Agreement (Allin Communications Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Note or any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day (and such extension of time day shall be included in computing the calculation of interest or fees, if any, in connection with such payment or actiondue).

Appears in 1 contract

Samples: Loan and Security Agreement (Lynton Group Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Subordinated Notes shall be stated to be due on a day which that is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Note Purchase Agreement (Directed Electronics, Inc.)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Revolving Credit Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Agreement (Tele Communications Inc /Co/)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes any Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.. --------------------------------- Borrower's Initials: Lender's Initials: ---------------------------------

Appears in 1 contract

Samples: Loan and Security Agreement (Viatel Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 42(a) with respect to Euro-Rate Interest Periods), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.. 13.6

Appears in 1 contract

Samples: Note and Equity Purchase Agreement (Middleby Corp)

Holidays. Whenever any payment or action to be made or taken -------- hereunder or under the Demand Promissory Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan Agreement (Meridian National Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any -------- payment or action to be made or taken hereunder or under the Notes a Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan and Security Agreement (Broadview Networks Holdings Inc)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes or any Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (C Cor Net Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall shall' be stated to be due due, or any time period is otherwise set to expire, on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action, or such time period shall be extended to the next following Business Day.

Appears in 1 contract

Samples: Loan Agreement (DVL Inc /De/)

Holidays. Whenever Except as otherwise provided herein, whenever -------------- any payment or action to be made or taken hereunder or under the Notes or any Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (C Cor Net Corp)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes or Warrant or any other Purchase Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Note and Equity Purchase Agreement (Encore Medical Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Note or any other Loan Document shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and unless such extension of time next succeeding Business Day falls in a different calendar month, in which case payment or action shall be included in computing interest made or fees, if any, in connection with such payment or actiontaken on the next preceding Business Day.

Appears in 1 contract

Samples: Loan and Security Agreement (Espos Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.2(a) with respect to Interest Periods), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Chase Industries Inc)

Holidays. Whenever Unless specifically otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ampco Pittsburgh Corp)

Holidays. Whenever Except as otherwise provided herein, whenever any payment or action to be made or taken hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next 60 following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Discovery Zone Inc)

Holidays. Whenever Except as otherwise provided herein, whenever any -------- payment or action to be made or taken hereunder or under the Notes Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan and Security Agreement (Telscape International Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following succeeding Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Loan Agreement (MedPro Safety Products, Inc.)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business DayDay (except as provided in Section 4.2(a)), and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Integra Inc)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes Term Note shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following succeeding Business Day, Day and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Airship International LTD)

Holidays. Whenever any payment or action to be made or taken hereunder or under the Notes shall be stated to be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action.

Appears in 1 contract

Samples: Credit Agreement (Aristech Chemical Corp)

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