Common use of Payment on non-Business Day Clause in Contracts

Payment on non-Business Day. If any amount hereunder or under the Notes shall become due on a day which is not a Business Day, such payment shall be due on the next succeeding Business Day without including the additional day(s) elapsed in the computation of the interest payable on such next succeeding Business Day.

Appears in 3 contracts

Samples: Note Purchase Agreement (theMaven, Inc.), Note Purchase Agreement (theMaven, Inc.), Note Purchase Agreement (Arena Group Holdings, Inc.)

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Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of the Notes Revolving Note shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayRevolving Note.

Appears in 3 contracts

Samples: Loan Agreement (Compressco Inc), Loan Agreement (Compressco Inc), Loan Agreement (Emerging Alpha Corp)

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of the Notes Note shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayNote.

Appears in 3 contracts

Samples: Loan Agreement (Fair Grounds Corp), Loan Agreement (Tanger Factory Outlet Centers Inc), Fair Grounds Corp

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of any of the Notes shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayNotes.

Appears in 2 contracts

Samples: Loan Agreement (Omni Energy Services Corp), Loan Agreement (Omni Energy Services Corp)

Payment on non-Business Day. If Whenever any amount hereunder payment to be made pursuant to this Agreement or under the Notes or any other Loan Document shall become be due on a day which is not a Business Day, such payment shall be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in such case be included in the computation of interest or other amounts due hereunder or under such Note or Loan Document, as the interest payable on such next succeeding Business Daycase may be.

Appears in 2 contracts

Samples: Credit Agreement (Dorman Products, Inc.), Credit Agreement (Imagemax Inc)

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of any of the Notes Note shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayNote.

Appears in 1 contract

Samples: Loan Agreement (LHC Group, Inc)

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under the Notes shall become be stated to be due on a day which is not a Business Day, such payment shall be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in such case be included in the computation of payment of interest hereunder and under the interest payable on such next succeeding Business DayNote.

Appears in 1 contract

Samples: Credit Agreement (Whitehall Corp)

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Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of the Notes Note shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayNotes.

Appears in 1 contract

Samples: Loan Agreement (Omni Energy Services Corp)

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of the Notes Term Note shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayTerm Note.

Appears in 1 contract

Samples: Loan Agreement (Emerging Alpha Corp)

Payment on non-Business Day. If Whenever any amount payment to be made hereunder or under on account of the Notes shall be scheduled to become due on a day which is not a Business Day, such payment shall may be due made on the next succeeding Business Day without including the additional day(s) elapsed Day, and such extension of time shall in the computation such case be included in computing interest and fees payable hereunder or on account of the interest payable on such next succeeding Business DayNotes.

Appears in 1 contract

Samples: Guaranty Agreement (Tanger Factory Outlet Centers Inc)

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