Common use of Legal Holiday Clause in Contracts

Legal Holiday. A “Legal Holiday” is a Saturday, Sunday or other day on which banking institutions in New York State are authorized or required by law to close. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.

Legal Holiday. A “"Legal Holiday” " is a Saturday, Sunday or other day on which banking institutions in New York State are authorized or required by law to close. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.

Legal Holiday. A “"Legal Holiday” " is a Saturday, Sunday a Sunday, or other day on which commercial banking institutions in New York State are authorized or required by law to closebe closed in New York City. If a any payment date is required hereunder to be made on a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.

Legal Holiday. A “Legal Holiday” " is a Saturday, a Sunday or other a day on which banking institutions are not required to be open in the State of New York State are authorized or required by law to closeYork. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.

Legal Holiday. A “Legal Holiday” " is a Saturday, ------------- a Sunday or other a day on which banking institutions are not required to be open in the State of New York State are authorized or required by law to closeYork. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.. Section 12.08

Legal Holiday. A “"Legal Holiday” " is a Saturday, a Sunday or other a day on which banking institutions are not required to be open in The City of New York, in the State of New York State are authorized or required by law to closein the city in which the Trustee administers its corporate trust business. If a payment date is a Legal Holiday, payment shall may be made at the place on the next succeeding day that is not a Legal Holiday, and no interest accretion of the Principal of the Bonds to be paid shall accrue for occur during the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.