Common use of Non-Business Day Payments Clause in Contracts

Non-Business Day Payments. If any Interest Payment Date, the Stated Maturity, any Redemption Date, any Settlement Date or any Change of Control Payment Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Date, Stated Maturity, Redemption Date, Settlement Date or Change of Control Payment Date, as the case may be, to that next succeeding Business Day. Article Two

Appears in 8 contracts

Samples: Indenture (Genesis Energy Lp), Indenture (Genesis Energy Lp), Supplemental Indenture (Genesis Energy Lp)

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Non-Business Day Payments. If any Interest Payment Dateinterest payment date, the Stated Maturity, any Redemption Dateredemption date, any Settlement Asset Sale Purchase Date or any Change of Control Payment Purchase Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Dateinterest payment date, Stated Maturity, Redemption Dateredemption date, Settlement Asset Sale Purchase Date or Change of Control Payment Purchase Date, as the case may be, to that next succeeding Business Day. Article Two.

Appears in 7 contracts

Samples: Indenture (Laredo Petroleum, Inc.), Supplemental Indenture (Laredo Petroleum, Inc.), Supplemental Indenture (Vital Energy, Inc.)

Non-Business Day Payments. If any Interest Payment Date, the Stated Maturity, any Redemption Date, any Settlement Date or any Change of Control Payment Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Date, Stated Maturity, Redemption Date, Settlement Date or Change of Control Payment Date, as the case may be, to that next succeeding Business Day. Article Two.

Appears in 2 contracts

Samples: Indenture (Enviva Partners, LP), Indenture (Enviva Partners, LP)

Non-Business Day Payments. If any Interest Payment Dateinterest payment date, the Stated Maturity, any Redemption Dateredemption date, any Settlement Date or any Change of Control Payment Purchase Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Dateinterest payment date, Stated Maturity, Redemption Dateredemption date, Settlement Date or Change of Control Payment Purchase Date, as the case may be, to that next succeeding Business Day. Article Two.

Appears in 2 contracts

Samples: Supplemental Indenture (Genesis Energy Lp), Indenture (Genesis Energy Lp)

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Non-Business Day Payments. If any Interest Payment Date, the Stated Maturity, any Redemption Dateredemption date, any Settlement Date or any Change of Control Payment Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Date, Stated Maturity, Redemption Date, Settlement Date or Change of Control Payment Date, as the case may be, to that next succeeding Business Day. Article Two.

Appears in 2 contracts

Samples: Indenture (USA Compression Partners, LP), Indenture (USA Compression Partners, LP)

Non-Business Day Payments. If any Interest Payment Date, the Stated Maturity, any Redemption Dateredemption date, any Settlement Date or any Change of Control Payment Date falls on a day that is not a Business Day, then the required payment or delivery will be made on the next succeeding Business Day with the same force and effect as if made on the date that the payment or delivery was due, and no additional interest will accrue on that required payment or delivery for the period from and after the Interest Payment Date, Stated Maturity, Redemption Dateredemption date, Settlement Date or Change of Control Payment Date, as the case may be, to that next succeeding Business Day. Article Two.

Appears in 1 contract

Samples: Indenture (USA Compression Partners, LP)

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