Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the Note or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such Loan.
Appears in 11 contracts
Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii), Warehousing Credit Agreement (PLM Equipment Growth Fund V)
Payment on Non-Business Days. Whenever any payment to be made under the Notes (other than principal of or any interest on LIBO Rate Loans), this Agreement, the Note or any of the other Loan Documents Document shall be stated to be due on a day which that is not a Business Day, such payment shall may be made on the next succeeding Business Day Day, and such extension of time shall in such case shall be included in the computation of the payment of interest thereon; providedor fees, however, that no Loan shall have remained outstanding after as the Maturity Date of such Loancase may be.
Appears in 3 contracts
Samples: Loan Agreement (Medallion Financial Corp), Loan Agreement (Medallion Financial Corp), Security Agreement (Medallion Financial Corp)
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the Note Notes or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such Loan.
Appears in 3 contracts
Samples: Revolving Credit Agreement (S3 Inc), Security Agreement (Dovebid Inc), Revolving Credit Agreement (Certified Grocers of California LTD)
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the Note or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such LoanCommitment Termination Date.
Appears in 2 contracts
Samples: Warehousing Credit Agreement (American Finance Group Inc /De/), Warehousing Credit Agreement (PLM International Inc)
Payment on Non-Business Days. Whenever Except as provided in paragraph (B) of the definition of Loan Period, whenever any payment to be made under this Agreement, hereunder by the Note or any of the other Loan Documents Borrower shall be stated to be due on a day which is not a Business Day, then such payment shall be made on the next succeeding Business Day and day on which the Administrative Agent is open at its address set forth on Schedule 1(b) for such extension of time purpose, unless such day would extend beyond the Commitment Termination Date, in which event such payment shall in be made on the next preceding such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such Loanday.
Appears in 2 contracts
Samples: Assignment and Assumption (Hunt J B Transport Services Inc), Assignment and Assumption (Hunt J B Transport Services Inc)
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the Note Notes (other than principal of or any of the interest on Loans) or under this Agreement or any other Loan Documents Facility Document shall be stated to be due on a day which that is not a Business Day, such payment shall may be made on the next succeeding Business Day Day, and such extension of time shall in such case shall be included in the computation of the payment of interest thereon; providedor commitment fees, however, that no Loan shall have remained outstanding after as the Maturity Date of such Loancase may be.
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Cornerstone Properties Inc)
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the Note Notes or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day Day, and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such Loan.
Appears in 1 contract
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the any Note or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such Loan.
Appears in 1 contract
Samples: Warehousing Credit Agreement (PLM International Inc)
Payment on Non-Business Days. Whenever any payment to be made under this Agreement, the any Note or any of the other Loan Documents shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation of the payment of interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of such LoanCommitment Termination Date.
Appears in 1 contract
Samples: Warehousing Credit Agreement (PLM International Inc)
Payment on Non-Business Days. Whenever any payment to be made under the Notes (other than principal of or any interest on LIBOR Rate Loans), this Agreement, the Note or any of the other Loan Documents Document shall be stated to be due on a day which that is not a Business Day, such payment shall may be made on the next succeeding Business Day business Day, and such extension of time in such case shall be included in the computation of payment of interest or fees, as the case may be, and such extension of time shall in such case be included in the computation of the payment of computing interest thereon; provided, however, that no Loan shall have remained outstanding after the Maturity Date of and fees in connection with such Loanpayment.
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