Common use of Legal Holiday Clause in Contracts

Legal Holiday. If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

Appears in 100 contracts

Samples: Indenture (CarMax Auto Owner Trust 2024-2), Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)

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Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue accrued for the period from and after any such nominal date.

Appears in 32 contracts

Samples: Indenture (Mmca Auto Owner Trust 2001-4), Indenture (Mmca Auto Receivables Trust), Indenture (Mmca Auto Owner Trust 2000-2)

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes Notes, this Indenture or this Indentureany Indenture Supplement) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and and, except as otherwise expressly provided in this Indenture or in any such Indenture Supplement, no interest shall accrue for the period from and after any such nominal date.

Appears in 6 contracts

Samples: Indenture (American Tower Corp /Ma/), Indenture (Landmark Infrastructure Partners LP), Crown Castle International Corp

Legal Holiday. If In the event that the date on which of any payment is due Payment Date or Special Payment Date shall not be a Business Day, then (notwithstanding any other provision of the Class A Notes or this Indenture) , payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date on which nominally dueof any such Payment Date or Special Payment Date, and no as the case may be; provided that, in the case of the Class A Notes only, interest shall accrue for the period from and after any such including the immediately preceding Payment Date to but excluding the next Business Day following the nominal datePayment Date.

Appears in 4 contracts

Samples: Indenture (FS Investment Corp II), Indenture (FS Investment CORP), FS Investment CORP

Legal Holiday. If the date on which In any case where any payment is due date shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Notes or this IndentureSecurities) payment of the principal of or interest on the Securities need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally duepayment date, and provided that no interest shall accrue for the period from and after any such nominal payment date.

Appears in 4 contracts

Samples: Indenture (Vault Holding 1, LLC), Indenture (Vault Holding 1, LLC), Indenture (iCap Vault 1, LLC)

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue accrued for the period from and after any such nominal date.. SECTION 11.13

Appears in 3 contracts

Samples: Mmca Auto Receivables Inc, Daimler Benz Vehicle Receivables Corp, Mmca Auto Receivables Inc

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

Appears in 3 contracts

Samples: Indenture (Bluegreen Corp), Bluegreen Corp, Bluegreen Corp

Legal Holiday. If In the event that the date on which of any payment is due Payment Date or Special Payment Date shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) , payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date on which nominally dueof any such Payment Date or Special Payment Date, and no as the case may be; provided that, in the case of the Notes only, interest shall accrue for the period from and after any such including the immediately preceding Payment Date to but excluding the next Business Day following the nominal datePayment Date.

Appears in 3 contracts

Samples: Indenture (FS Investment Corp II), Indenture (FS Energy & Power Fund), Indenture (FS Investment Corp III)

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes Notes, this Base Indenture or this Indentureany Indenture Supplement) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and and, except as otherwise expressly provided in this Base Indenture or in any such Indenture Supplement, no interest shall accrue for the period from and after any such nominal date.

Appears in 2 contracts

Samples: Base Indenture (Tucows Inc /Pa/), Investment Agreement (DigitalBridge Group, Inc.)

Legal Holiday. If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day 70 with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

Appears in 2 contracts

Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)

Legal Holiday. If the date on which any payment is due ------------- shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

Appears in 2 contracts

Samples: Indenture (Pooled Auto Securities Shelf LLC), Pooled Auto Securities Shelf LLC

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Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no and, except as otherwise expressly provided herein, interest shall continue to accrue for the period from and after any such nominal date.

Appears in 1 contract

Samples: Indenture Agreement (CNL Hospitality Properties Inc)

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes Notes, this Indenture or this Indentureany Series Supplement) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and and, except as otherwise expressly provided in this Indenture or in any such Series Supplement, no interest shall accrue for the period from and after any such nominal date.

Appears in 1 contract

Samples: Indenture (American Tower Corp /Ma/)

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes Notes, this Base Indenture or this Indentureany Series Supplement) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and and, except as otherwise expressly provided in this Base Indenture or in any such Series Supplement, no interest shall accrue for the period from and after any such nominal date.

Appears in 1 contract

Samples: Frontier Communications Parent, Inc.

Legal Holiday. If In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes Notes, this Indenture or this Indentureany Series Supplement) payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on 150 which nominally due, and and, except as otherwise expressly provided in this Indenture or in any such Series Supplement, no interest shall accrue for the period from and after any such nominal date.

Appears in 1 contract

Samples: Annexes and Schedules (Landmark Infrastructure Partners LP)

Legal Holiday. If In the event that the date on which of any payment is due Payment Date, Redemption Date or Stated Maturity shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) , payment need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date on which nominally due, and no interest shall accrue for the period from and after of any such nominal datePayment Date, Redemption Date or Stated Maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (FS Energy & Power Fund)

Legal Holiday. If the date on which In any case where any payment is due date shall not be a Business Day, then (notwithstanding any other provision of this Indenture or of the Notes or this IndentureSecurities) payment of the principal of or interest on the Securities need not be made on such date date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally duepayment date, and provided that no interest shall hall accrue for the period from and after any such nominal payment date.

Appears in 1 contract

Samples: National Rural Utilities Cooperative Finance Corp /Dc/

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