Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date falls on a day which is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 23 contracts
Samples: Wells Fargo Business Credit Credit and Security Agreement (Iridex Corp), Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Hemacare Corp /Ca/)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date falls on a day which payment date is not a Business DayDay at the place of payment, then payment shall may be made at that place on the next Business Day, and no interest shall continue to accrue during that time for the intervening period.
Appears in 6 contracts
Samples: Acquisition Agreement, Acquisition Agreement, Installment Purchase Contract
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date any payment due hereunder falls on a day which that is not a Business Day, such payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 5 contracts
Samples: Loan and Security Agreement (Point.360), Loan and Security Agreement (Sugarfina Corp), Loan and Security Agreement (Energy Focus, Inc/De)
Payments Due on Non-Business Days. If Unless otherwise specified, if an Interest Payment Date or the Termination Date falls on a day which is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 2 contracts
Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date falls any payment required to be made hereunder is due on a day which is not a Business DayDay (including, without limitation, any Interest Payment Date or the Termination Date), such payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Samples: Credit and Security Agreement (Frederick's of Hollywood Group Inc /Ny/)
Payments Due on Non-Business Days. If an Interest Payment Date the date of demand under the Note or the Termination Date falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Samples: Credit and Security Agreement (Adams Resources & Energy, Inc.)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date a payment date falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Samples: Credit Agreement (LIVE VENTURES Inc)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date any date on which a payment is due falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
