Common use of Payments Due on Saturdays Clause in Contracts

Payments Due on Saturdays. Sundays and Legal Holidays. Except as may be provided pursuant to Section 2.6 with respect to any series of Tranche, if the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of such interest, if any, or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 4 contracts

Samples: Article Nine Satisfaction And (Newmont Mining Corp /De/), Newmont (Newmont Usa LTD), Newmont Mining Corp

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Payments Due on Saturdays. Sundays and Legal Holidays. Except as may be provided pursuant to Section 2.6 2.5 with respect to any series of Trancheor tranche, if the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of such interest, if any, or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 3 contracts

Samples: Indenture (Ahold Finance Usa Inc), Stolt Offshore S A, Stolt Offshore S A

Payments Due on Saturdays. Sundays and Legal Holidays. ----------------------------------------------------- Except as may be provided pursuant to Section 2.6 with respect to any series of Tranche, if the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of such interest, if any, or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 2 contracts

Samples: Newmont Gold Co, Newmont Gold Co

Payments Due on Saturdays. Sundays and Legal HolidaysSUNDAYS AND LEGAL HOLIDAYS. Except as may be provided otherwise specified pursuant to Section 2.6 with respect to any series of Tranche2.5, if the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of such interest, if any, or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 2 contracts

Samples: Indenture (Textron Financial Canada Funding Corp), Textron Financial Canada Funding Corp

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Payments Due on Saturdays. Sundays and Legal Holidays. Except as may be provided pursuant to Section 2.6 with respect to any series of Trancheor tranche, if the date of maturity of interest on or principal of the Securities of any series or the date fixed for redemption or repayment of any such Security shall not be a Business Day, then payment of such interest, if any, or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest shall accrue for the period from and after such date.

Appears in 1 contract

Samples: Ahold Finance Usa Inc

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