Repayment Extension. If any payment of principal or interest shall be due on a Saturday, Sunday or any other day on which banking institutions in the State of California are required or permitted to be closed, such payment shall be made on the next succeeding business day and such extension of time shall be included in computing interest under this Note.
Appears in 2 contracts
Sources: Promissory Note (Second Sight Medical Products Inc), Merger Agreement (CST Holding Corp.)
Repayment Extension. If any payment of principal or interest under this Note shall be due on a Saturday, Sunday or any other day on which banking institutions banks in the State of California are required or permitted to be closed, such payment shall be made on the next succeeding business day on which such banks are not required or permitted to be closed and such extension of time shall be included in computing interest under this Note.
Appears in 1 contract
Sources: Subordinated Secured Promissory Note (Egain Communications Corp)