Common use of Non-Banking Days Clause in Contracts

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 48 contracts

Samples: Credit Agreement (Golden State Water CO), Credit Agreement (American States Water Co), Credit Agreement (American States Water Co)

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Non-Banking Days. If any payment to be made by a Borrower or any other Party party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and feesthe amount of such payment.

Appears in 9 contracts

Samples: Credit Agreement (Amgen Inc), Assignment Agreement (Amgen Inc), Assignment Agreement (Amgen Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day, unless, in the case of a payment relating to a LIBOR Rate Loan, such next succeeding Banking Day is in the next calendar month, in which case such payment shall be made on the next preceding Banking Day, and the extension of time shall be reflected in computing interest and fees.

Appears in 8 contracts

Samples: Unsecured Term Credit Agreement (BioMed Realty L P), Unsecured Credit Agreement (BioMed Realty L P), Secured Term Loan Agreement (BioMed Realty Trust Inc)

Non-Banking Days. If any payment to be made by Borrower or any ---------------- other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 7 contracts

Samples: Revolving Loan Agreement (Callaway Golf Co /Ca), Loan Agreement (MGM Grand Inc), Revolving Loan Agreement (Wild Oats Markets Inc)

Non-Banking Days. If any payment pursuant to this Agreement or any of the Relevant Documents shall be stated to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, such payment shall instead may be considered due made on the next succeeding Banking Day and the such extension of time shall be reflected included in computing computation of the interest and feesor other payment due.

Appears in 6 contracts

Samples: Loan and Security Agreement (Judge Group Inc), Revolving Loan and Security Agreement (Measurement Specialties Inc), Loan and Security Agreement (Judge Group Inc)

Non-Banking Days. If any payment to be made by Borrower Borrowers or any other Party under any Loan Document shall come due on a day other than a Banking Day (and a Eurodollar Banking Day, in the case of a Eurodollar Loan), payment shall instead be considered due made on the next succeeding Banking Day (and, in the case of a Eurodollar Loan, the next succeeding Eurodollar Banking Day that is also a Banking Day) and the extension of time shall be reflected in computing interest and feesinterest.

Appears in 5 contracts

Samples: Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc)

Non-Banking Days. If any payment to be made by Borrower Borrowers or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 4 contracts

Samples: Loan Agreement (Safeskin Corp), Reducing Revolving Loan Agreement (Station Casinos Inc), Term Loan Agreement (Station Casinos Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Loan Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 4 contracts

Samples: Credit Agreement (Viasat Inc), Credit Agreement (Viasat Inc), Credit Agreement (Viasat Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party Obligor under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 3 contracts

Samples: Credit Agreement (Hard Rock Hotel Inc), Loan Agreement (Hard Rock Hotel Inc), Loan Agreement (Coast Resorts Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and feesinterest.

Appears in 3 contracts

Samples: Loan Agreement (Eldorado Resorts LLC), Loan Agreement (NGA Holdco, LLC), Credit Agreement (B&f Fabrications Inc)

Non-Banking Days. If any payment to be made by a Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 3 contracts

Samples: Revolving Loan Agreement (Resmed Inc), Loan Agreement (Day Runner Inc), Revolving Loan Agreement (Day Runner Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day, unless, in the case of a payment relating to a LIBOR Rate Loan, such next succeeding Banking Day and is in the next calendar month, in which case such payment shall be made on the next preceding Banking Day, but the extension of time shall not be reflected in computing interest and fees.

Appears in 3 contracts

Samples: Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc), Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc), And Interim Loan Agreement (Glimcher Realty Trust)

Non-Banking Days. If any payment to be made by a Borrower or any other Party party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.the amount of such payment.β€Œ

Appears in 2 contracts

Samples: Term Loan Credit Agreement, Bridge Credit Agreement

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.. 3.12

Appears in 2 contracts

Samples: Loan Agreement (Circus Circus Enterprises Inc), Loan Agreement (Circus Circus Enterprises Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day, unless, in the case of a payment relating to a LIBOR Rate Loan or a Competitive Bid Loan, such next succeeding Banking Day is in the next calendar month, in which case such payment shall be made on the next preceding Banking Day, and the extension of time shall be reflected in computing interest and fees.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (BioMed Realty L P), Unsecured Credit Agreement (BioMed Realty L P)

Non-Banking Days. If Except as otherwise specifically provided herein, if any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 2 contracts

Samples: Credit Agreement (West Marine Inc), Credit Agreement (West Marine Inc)

Non-Banking Days. If any payment to be made by Borrower the Borrowers or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees, unless, with respect to a payment due in respect of a Eurodollar Loan, such Banking Day falls in another calendar month, in which case payment shall be made on the preceding Banking Day.

Appears in 1 contract

Samples: Revolving Loan Agreement (Power One Inc)

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Non-Banking Days. If any payment to be made by the Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, such payment shall instead be considered due on the next succeeding Banking Day and Day, and, except for regular monthly payments of interest, the extension of time shall be reflected in computing interest and feesinterest.

Appears in 1 contract

Samples: Pledge Agreement (Presley Companies /De)

Non-Banking Days. If any payment to be made by Borrower or any other ---------------- Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and feesinterest.

Appears in 1 contract

Samples: Loan Agreement (Nevada Power Co)

Non-Banking Days. If any payment to be made by a Borrower or any ---------------- other Party party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and feesthe amount of such payment.

Appears in 1 contract

Samples: Credit Agreement (Amgen Inc)

Non-Banking Days. If any payment to be made by Borrower Borrowers or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day, unless, in the case of a payment relating to a LIBOR Rate Loan, such next succeeding Banking Day is in the next calendar month, in which case such payment shall be made on the next preceding Banking Day, and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Revolving Loan Agreement (BioMed Realty Trust Inc)

Non-Banking Days. If any payment to be made by Borrower or any ---------------- other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and feesinterest.

Appears in 1 contract

Samples: Loan Agreement (Korn Ferry International)

Non-Banking Days. If any payment to be made by Borrower ---------------- or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

Non-Banking Days. If any payment to be made by ---------------- Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Credit Agreement (West Marine Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party HRN under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Loan Agreement (Aztar Corp)

Non-Banking Days. If any payment to be made by Borrower or ---------------- any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Term Loan Agreement (MGM Grand Inc)

Non-Banking Days. If any payment to be made by Borrower or any other Party under any Loan Document shall come due on a day other than a Banking Day, payment shall shall, except as otherwise provided in the definition of LIBOR Period, instead be considered due on the next succeeding Banking Day and the extension of time shall be reflected in computing interest and fees.

Appears in 1 contract

Samples: Credit Agreement (Keystone Automotive Industries Inc)

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