Common use of Performance on a Non-Business Day Clause in Contracts

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 32 contracts

Samples: Lease Agreement (Tech Data Corp), Lease Agreement (Convergys Corp), Lease Agreement (Tech Data Corp)

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Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date or, to the extent such Basic Rent is not due on a Scheduled Interest Payment Date, then on the next succeeding Business Day. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 4 contracts

Samples: Lease Agreement (Healthsouth Corp), Lease Agreement (Shurgard Storage Centers Inc), Lease Agreement (Dollar Tree Stores Inc)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 2 contracts

Samples: Lease Agreement (Human Genome Sciences Inc), Lease Agreement (United Therapeutics Corp)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding preceding Business Day.

Appears in 2 contracts

Samples: Lease Agreement (Pep Boys Manny Moe & Jack), Lease Agreement (Pep Boys Manny Moe & Jack)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Datenext succeeding Business Day (except to the extent Basic Rent is then being calculated based on the LIBOR Rate and such next succeeding Business Day falls in the next succeeding calendar month, then on the next preceding Business Day). If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 2 contracts

Samples: Real Property Lease Agreement (Big Lots Inc), Real Property Lease Agreement (Nvidia Corp)

Performance on a Non-Business Day. If any payment of Basic Rent is would be required hereunder on a day that is not a Business Day, then such Basic Rent shall instead be due on the corresponding Scheduled Interest Payment Date. If any payment of Supplemental Rent is would be required hereunder on a day that is not a Business Day, then such Supplemental Rent shall instead be due on the next succeeding Business Day.

Appears in 2 contracts

Samples: Lease Agreement (Sabre Holdings Corp), Lease Agreement (Sabre Holdings Corp)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Datenext succeeding Business Day. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Lease Agreement (Smart & Final Inc/De)

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Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment DateDate (subject to Section 2.10 of the Credit Agreement). If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Lease Agreement (Ivex Packaging Corp /De/)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date, or, to the extent such Basic Rent is not due on a Scheduled Interest Payment Date, then on the next succeeding Business Day. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Lease Agreement (Lexicon Genetics Inc/Tx)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment DateDate or the date any amounts specified in Schedule 1 to the Participation Agreement are due, as the case may be. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Lease Agreement (Rf Micro Devices Inc)

Performance on a Non-Business Day. If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment DateDate or the date any amounts specified in Schedule 2 to the Participation Agreement are due, as the case may be. If any Supplemental Rent is required hereunder on a day that is not a Business Day, then such Supplemental Rent shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Correctional Services Corp)

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