Common use of Day not a Business Day Clause in Contracts

Day not a Business Day. In the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not a business day, then such amount shall be determined or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a business day. This section 16.10 is not applicable to any distributions which are to be made hereunder on December 31.

Appears in 2 contracts

Samples: Contract of Trust, content.cominar.com

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Day not a Business Day. 21.1 In the event that any day on or before which any amount is to be determined or any action is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined or such action shall be required to be taken at on or before the requisite time on the next succeeding day that is a business dayBusiness Day. This section 16.10 If the payment of any amount is not applicable to deferred for any distributions which are to period, then such period shall be made hereunder on December 31included for purposes of the computation of any interest payable hereunder.

Appears in 2 contracts

Samples: Registration Rights Agreement (Rio Tinto PLC), Us Geothermal Inc

Day not a Business Day. 23.1 In the event that any day on or before which any amount is to be determined or any action is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined or such action shall be required to be taken at on or before the requisite time on the next succeeding day that is a business dayBusiness Day. This section 16.10 If the payment of any amount is not applicable to deferred for any distributions which are to period, then such period shall be made hereunder on December 31included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Secured Note Amending Agreement (Alderon Iron Ore Corp.)

Day not a Business Day. In the event that any day on or before which any amount is to be determined action, calculation, determination or any action allocation is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined action, calculation, determination or such action allocation shall be required to be taken at the requisite time on or before the first succeeding day that is a Business Day thereafter, unless such day is in the next calendar month, in which case such action, calculation, determination or allocation shall be required to be taken at the requisite time on the next succeeding first preceding day that is a business dayBusiness Day. This section 16.10 is not applicable to any distributions which are to be made hereunder on December 31.10.28

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Day not a Business Day. 21.1 In the event that any day on or before which any amount is to be determined or any action is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined or such action shall will be required to be taken at on or before the requisite time on the next succeeding day that is a business dayBusiness Day. This section 16.10 If the payment of any amount is not applicable to deferred for any distributions which are to period, then such period will be made hereunder on December 31included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Amending Agreement (Rio Tinto PLC)

Day not a Business Day. 22.1 In the event that any day on or before which any amount is to be determined or any action is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined or such action shall will be required to be taken at on or before the requisite time on the next succeeding day that is a business dayBusiness Day. This section 16.10 If the payment of any amount is not applicable to deferred for any distributions which are to period, then such period will be made hereunder on December 31included for purposes of the computation of any interest payable hereunder.

Appears in 1 contract

Samples: Amending Agreement (Rio Tinto PLC)

Day not a Business Day. In the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not a business day, then such amount shall be determined or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a business day. This section 16.10 is not applicable to any distributions which are to be made hereunder on December 31.

Appears in 1 contract

Samples: Contract of Trust

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Day not a Business Day. In Except as expressly specified in this Agreement, in the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not a business dayBusiness Day, then such amount shall be determined or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a business day. This section 16.10 is not applicable to any distributions which are to be made hereunder on December 31Business Day except as otherwise provided herein.

Appears in 1 contract

Samples: Partnership Agreement

Day not a Business Day. In the event that Except as otherwise provided herein, if any day on which any an amount is to be determined or any other action is required to be taken hereunder under this Note is not a business dayBusiness Day, then such amount shall be determined on or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a business day. This section 16.10 is not applicable to any distributions which are to be made hereunder on December 31Business Day.

Appears in 1 contract

Samples: Royalty Agreement (Seabridge Gold Inc)

Day not a Business Day. In the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not a business day, then such amount shall be determined or and such action shall be required to be taken at or before the requisite referenced time on the next succeeding day that is a business day. This section 16.10 is Section 1.8 shall not be applicable to any distributions which are to be made hereunder on December 31Sections 13.1 or 13.2 hereof.

Appears in 1 contract

Samples: Trust Agreement (Strategic Energy Fund)

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