Date of Payment. Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
Appears in 37 contracts
Samples: Financing and Security Agreement (Gp Strategies Corp), Financing Agreement (MCG Capital Corp), Financing and Security Agreement (Gp Strategies Corp)
Date of Payment. Should the principal of or interest on any of the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
Appears in 8 contracts
Samples: Financing and Security Agreement (Healthextras Inc), Financing and Security Agreement (Healthextras Inc), Financing and Security Agreement (Pec Solutions Inc)
Date of Payment. Should the principal of or interest on the Notes Note become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes Note during such extension.
Appears in 3 contracts
Samples: Financing and Security Agreement (Dcap Group Inc/), Financing Agreement (Town & Country Trust), Financing Agreement (Town & Country Trust)
Date of Payment. Should the principal of or interest on any of the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes applicable Note during such extension.
Appears in 2 contracts
Samples: Financing Agreement (American Woodmark Corp), Reimbursement Agreement (American Woodmark Corp)
Date of Payment. Should the principal of or interest on the Notes become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
Appears in 2 contracts
Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)
Date of Payment. Should the principal of or interest on the Notes Loans become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes herein during such extension.
Appears in 2 contracts
Samples: Financing and Security Agreement (Optelecom-Nkf, Inc.), Financing and Security Agreement (Optelecom Inc)
Date of Payment. 116 Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
Appears in 1 contract
Samples: Financing and Security Agreement (Chatwins Group Inc)
Date of Payment. Should the principal of or interest on any of the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.. Section 8.14
Appears in 1 contract
Date of Payment. Should the principal of or interest on any of the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day -91- and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
Appears in 1 contract
Samples: Financing and Security Agreement (Kimberton Enterprises Inc)
Date of Payment. Should the principal of or interest on the Notes Revolving Credit Note become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes Revolving Credit Note during such extension.
Appears in 1 contract
Samples: Financing and Security Agreement (Liquidity Services Inc)
