Common use of Non-Business Days   If an Interest Period Clause in Contracts

Non-Business Days   If an Interest Period. would otherwise end on a day which is not a Business Day, that Interest Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).

Appears in 3 contracts

Samples: Performance Shipping Inc., Loan Agreement (Diana Containerships Inc.), Euroseas Ltd.

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Non-Business Days   If an Interest Period. would otherwise end on a day which is not a Business Day, that Interest Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).. 10 Changes to the Calculation of Interest

Appears in 1 contract

Samples: Performance Shipping Inc.

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