Non-Banking Days. When any payment under any of the Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 127 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Mc Shipping Inc), Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such the Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 10 contracts
Samples: Loan Agreement (Pyxis Tankers Inc.), Facility Agreement (Freeseas Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended postponed to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 7 contracts
Samples: Facilities Agreement (Premier Foods PLC), Agreement (Premier Foods PLC), Loan Agreement (Cordiant Communications Group PLC /Adr)
Non-Banking Days. When any payment under any of the Security Loan Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 7 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended postponed to the next following Banking Day unless such Banking Day falls in the next calendar month month, in which case payment shall be made on the immediately preceding Banking Day.
Appears in 6 contracts
Samples: Facilities Agreement (Tu Acquisitions PLC), Facilities Agreement (Texas Utilities Co /Tx/), Facilities Agreement (Txu Europe LTD)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 4 contracts
Samples: Loan Agreement (Telewest Global Inc), Loan Facility Agreement (Bookham, Inc.), Agreement (Bookham, Inc.)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended postponed to the next following Banking Day Day, unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 3 contracts
Samples: Agreement (QGOG Constellation S.A.), Project Loan Agreement (QGOG Constellation S.A.), Agreement (QGOG Constellation S.A.)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day. If any date or day specifically referred to in this Agreement (being a date for the making of any payment under this Agreement) is not a Banking Day all references thereto shall be deemed to be references to the immediately preceding Banking Day.
Appears in 3 contracts
Samples: Agreement (Telewest Communications PLC /New/), Loan Agreement (Telewest Communications PLC /New/), Comcast Uk Cable Partners LTD
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due due, or any Repayment Date would otherwise fall, on a day which is not a Banking Day, the due date for payment or (as the case may be) such Repayment Date shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made made, or (as the case may be) such Repayment Date shall fall, on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Management Agreement (Golar LNG LTD), Management Agreement (Golar LNG LTD)
Non-Banking Days. When any payment under this Agreement or any of the other Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Gulfmark Offshore Inc, Agreement (Gulfmark Offshore Inc)
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due due, or any Repayment Date would otherwise fall, on a day which is not a Banking Day, the due date for payment or (as the case may be) such Repayment Date shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month Month in which case payment shall be made made, or (as the case may be) such Repayment Date shall fall, on the immediately preceding Banking Day.
Appears in 2 contracts
Samples: Facilities Agreement, Confidential (Golar LNG Partners LP)
Non-Banking Days. (a) When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment or the date of such reduction shall be extended postponed to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due or an Interest Period would otherwise end on a day which is not a Banking Day, the due date for payment or, as the case may be, the applicable Interest Period shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made or, as the case may be, the applicable Interest Period shall end on the immediately preceding Banking Day.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Non-Banking Days. When If any payment amount payable under any of the Security Documents Transaction Document to any Facility Beneficiary would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such that Banking Day falls in the next calendar month in which case the due date for payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day. When the first date or last date of an Interest Period would otherwise fall on a day which is not a Banking Day, such date shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case such date shall fall on the immediately preceding Banking Day.
Appears in 1 contract
Samples: Agreement (Teekay LNG Partners L.P.)
Non-Banking Days. When any payment under any of the Security Documents this Agreement would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such that Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Samples: Loan Agreement (Lam Research Corp)
Non-Banking Days. When any payment under any of the Security Finance Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Non-Banking Days. When If any payment amount payable under any of the Security Documents Facility Document would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such that Banking Day falls in the next calendar month in which case the due date for payment shall be made on the immediately preceding Banking Day.
Appears in 1 contract
Samples: Agreement (Aurelia Energy N V)
Non-Banking Days. When any payment under any of the Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.. 19
Appears in 1 contract
Samples: Navios Maritime Acquisition CORP
