Common use of Day not a Business Day Clause in Contracts

Day not a Business Day. If any date on which a payment is to be made, notice given or other action taken hereunder is not a Business Day, then such payments, notice or other action shall be made, given or taken on the next succeeding business day in such place, and in the case of any payment, no interest shall accrue for the delay.

Appears in 17 contracts

Samples: Warrant Agreement (Mb Financial Inc /Md), Warrant Agreement (First Pactrust Bancorp Inc), Warrant Agreement (First Financial Capital Trust II)

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Day not a Business Day. If Whenever any date on which a payment is due or required to be made, notice given made or any other action is required to be taken hereunder under this Indenture or the Warrant Certificates on or as of a day that is not a Business Day, then such payments, notice or that payment must be made and the other action shall must be made, given or taken on or as of the next succeeding business day in such placethat is a Business Day. However notwithstanding the foregoing, and in this provision shall not under any circumstances be construed so as to extend the case of any payment, no interest shall accrue for the delayExpiry Date.

Appears in 6 contracts

Samples: sedar-filings-backup.thecse.com, webfiles.thecse.com, sedar-filings-backup.thecse.com

Day not a Business Day. If Whenever any date on which a payment is due or required to be made, notice given made or any other action is required to be taken hereunder under this Indenture or the Special Warrant Certificates on or as of a day that is not a Business Day, then such payments, notice or that payment must be made and the other action shall must be made, given or taken on or as of the next succeeding business day in such place, and in the case of any payment, no interest shall accrue for the delaythat is a Business Day.

Appears in 3 contracts

Samples: sec.report, Special (Sandspring Resources Ltd.), LLC Interests Purchase Agreement (Northern Orion Resources Inc)

Day not a Business Day. If Whenever any date on which a payment is due or required to be made, notice given made or any other action is required to be taken hereunder under this Indenture or the Rights Certificates on or as of a day that is not a Business Day, then such payments, notice or that payment must be made and the other action shall must be made, given or taken on or as of the next succeeding business day in such place, and in the case of any payment, no interest shall accrue for the delaythat is a Business Day.

Appears in 3 contracts

Samples: Arrangement Agreement (Tahoe Resources Inc.), Arrangement Agreement (Pan American Silver Corp), Arrangement Agreement

Day not a Business Day. If Whenever any date on which a payment is due or required to be made, notice given made or any other action is required to be taken hereunder under this Indenture or the Warrant Certificates on or as of a day that is not a Business Day, then such payments, notice or that payment must be made and the other action shall must be made, given or taken on or as of the next succeeding business day in such place, and in the case of any payment, no interest shall accrue for the delaythat is a Business Day.

Appears in 2 contracts

Samples: Dragonwave Inc, Dragonwave Inc

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Day not a Business Day. If any date on which a payment is to be made, notice given or other action taken hereunder is not a Business Day, then such payments, notice or other action shall be made, given or taken on the next succeeding business day in such place, and in the case of any payment, no not interest shall accrue for the delay.

Appears in 1 contract

Samples: Warrant Agreement (Ati Financing Ii)

Day not a Business Day. If In the event that any date day on or before which a payment is any action required to be made, notice given or other action taken hereunder is not a Business Day, then such payments, notice or other action shall be made, given required to be taken on or taken before the requisite time on the next succeeding business day that is a Business Day. For greater certainty, whenever any payment of principal, premium, if any, or interest to be made hereunder shall be stated to be due on a day which is not a Business Day, then the Debentureholder shall not be entitled to payment of the amount due until the next succeeding Business Day and will not be entitled to interest or other payment in respect of such place, and in the case of any payment, no interest shall accrue for the delay.

Appears in 1 contract

Samples: Trust Indenture

Day not a Business Day. If any date on which a payment is to be made, notice given or other action taken hereunder is not a Business Day, then such payments, notice or other action shall be made, given or taken on the next succeeding business day in such place, and in the case of any payment, no interest shall accrue for the delay. SECTION 10.3.

Appears in 1 contract

Samples: Warrant Agreement

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