Common use of Non-Business Day Clause in Contracts

Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.

Appears in 11 contracts

Samples: Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.)

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Non-Business Day. Unless expressly provided to the contrary in this Warrant Indenture or in any Debenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.

Appears in 3 contracts

Samples: Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.)

Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever Whenever any payment to be made hereunder shall be due, any period of time shall would begin or end, any calculation is to be made or any other action is to be taken on, on or as of, or from a period ending on, a day other than a Business Day, such payment shall be made, such period of time shall begin or end and end, such calculation shall be made as of the day that is not a Business Day, but and such other actions shall be taken and such payment shall be madetaken, as the case may be, unless otherwise specifically provided for herein, on or as of the next succeeding Business DayDay and the holder of any Note shall not be entitled to any further interest or other payment in respect of such delay.

Appears in 2 contracts

Samples: Note Purchase Agreement (USA Synthetic Fuel Corp), Note Purchase Agreement (Aemetis, Inc)

Non-Business Day. β€Œ Unless expressly provided to the contrary in this Warrant Indenture or in any Debenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.

Appears in 2 contracts

Samples: Alliance Trust Company, Alliance Trust Company

Non-Business Day. β€Œ Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.

Appears in 2 contracts

Samples: Odyssey Trust Company, Alliance Trust Company

Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever Whenever any payment to be made hereunder shall be due, any period of time shall would begin or end, any calculation is to be made or any other action is to be taken on, on or as of, or from a period ending on, a day other than a Business Day, such payment shall be made, such period of time shall begin or end and end, such calculation shall be made as of the day that is not a Business Day, but and such other actions shall be taken and such payment shall be madetaken, as the case may be, unless otherwise specifically provided for herein, on or as of the next succeeding Business DayDay and the holder of any Unit shall not be entitled to any further interest or other payment in respect of such delay.

Appears in 1 contract

Samples: Unit Purchase Agreement (USA Synthetic Fuel Corp)

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Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever Whenever any payment hereunder shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such ---------------- calculation shall be made as of the made, on a day that which is not a Business Day, but such actions shall be taken and such the date for payment shall be madeor calculation, as the case may be, on shall be extended to the next succeeding Business Day, and any interest on any payment shall be payable for such extended time at the specified rate.

Appears in 1 contract

Samples: Project Credit Agreement (Deltic Timber Corp)

Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any Debenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.. 1.9

Appears in 1 contract

Samples: webfiles.thecse.com

Non-Business Day. Unless expressly provided to the contrary in this Indenture or in any DebentureWarrant Indenture, whenever any payment shall be due, any period of time shall begin or end, any calculation is to be made or any other action is to be taken on, or as of, or from a period ending on, a day other than a Business Day, such period of time shall begin or end and such calculation shall be made as of the day that is not a Business Day, but such actions shall be taken and such payment shall be made, as the case may be, on the next succeeding Business Day.

Appears in 1 contract

Samples: Warrant Indenture (C21 Investments Inc.)

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