Time of Payment. If an Interest Payment Date or the Maturity Date falls on a day that is not a Business Day, the required payment 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 such Interest Payment Date or the Maturity Date, as the case may be, and no additional interest shall accrue on such payment as a result of payment on such next succeeding Business Day.
Appears in 24 contracts
Samples: Form of Note (W. P. Carey Inc.), Seventh Supplemental Indenture (W. P. Carey Inc.), Third Supplemental Indenture (Retail Opportunity Investments Partnership, LP)
Time of Payment. If an Interest Payment Date, the Stated Maturity Date or the Maturity any Redemption Date falls on a day that is not a Business Day, the required payment 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 such Interest Payment Date, the Stated Maturity Date or the Maturity such Redemption Date, as the case may be, and no additional interest shall accrue on such payment as a result of payment on such next succeeding Business Day.
Appears in 5 contracts
Samples: Second Supplemental Indenture (W. P. Carey Inc.), Third Supplemental Indenture (W. P. Carey Inc.), Fifth Supplemental Indenture (W. P. Carey Inc.)
