Common use of Payment on Non-Business Days Clause in Contracts

Payment on Non-Business Days. Whenever any payment of principal, interest or fees to be made on the indebtednesses evidenced by the Note shall fall due on a Saturday, Sunday or public holiday under the laws of the State of Tennessee, such payment shall be made on the next succeeding Business Day.

Appears in 14 contracts

Samples: Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Miller Industries Inc /Tn/)

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Payment on Non-Business Days. Whenever any payment of principal, interest or fees to be made on the indebtednesses evidenced by the Note shall fall due on a Saturday, Sunday or public holiday under the laws of the State of Tennessee, such payment shall be made on the next succeeding Business Daybusiness day.

Appears in 4 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (Pinnacle Airlines Corp), Loan Agreement (CBL & Associates Properties Inc)

Payment on Non-Business Days. Whenever any payment of principal, interest or fees to be made on the indebtednesses evidenced by this Loan Agreement and the Note Notes shall fall due on a Saturday, Sunday or public holiday under the laws of the State of Tennessee, such payment shall be made on the next succeeding Business Day.

Appears in 3 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

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Payment on Non-Business Days. Whenever any payment of principal, interest or fees to be made on the indebtednesses evidenced by the Note Notes shall fall due on a Saturday, Sunday or public holiday under the laws of the State of Tennessee, such payment shall be made on the next succeeding Business Daybusiness day.

Appears in 1 contract

Samples: Loan Agreement (Susa Partnership Lp)

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