Common use of Payment Date Other Than a Business Day Clause in Contracts

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Loudcloud Inc)

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Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date or Redemption Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue 77 for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Diva Systems Corp

Payment Date Other Than a Business Day. If an -------------------------------------- Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date or Redemption Date, Payment Date, or Redemption Date or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturitymaturity or repurchase, as the case may be.

Appears in 1 contract

Samples: Manitowoc Co Inc

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment -------------------------------------------- Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date or Redemption Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: CFW Communications Co

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal Accreted Value of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date, or Redemption Date Date, or at the Stated Maturity or date of maturity of such Note; provided that that, if such payment is duly and timely made, no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Nii Holdings Cayman LTD)

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity or repurchase of any Note or any other payment date shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date or Redemption Date, Payment Date, or Redemption Date or at the Stated Maturity or date of maturity or repurchase of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturitymaturity or repurchase, as the case may be.

Appears in 1 contract

Samples: Sola International Inc

Payment Date Other Than a Business Day. If an -------------------------------------- Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date, or Redemption Date Date, or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Comple Tel Europe Nv

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Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note Note, whether by the terms of this Agreement, by acceleration or otherwise, shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date or Redemption Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Innova S De Rl

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment --------------------------------------------- Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case may be, 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 the Interest Payment Date, Payment Date or Redemption Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: CFW Communications Co

Payment Date Other Than a Business Day. If an Interest -------------------------------------- Payment Date, Redemption Date, Payment Date, Stated Maturity or date of maturity of any Note shall not be a Business Day, then payment of principal of, premium, if any, or interest on such Note, as the case 104 may be, 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 the Interest Payment Date, Payment Date or Redemption Date, or Redemption Date or at the Stated Maturity or date of maturity of such Note; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Payment Date, Payment Redemption Date, Stated Maturity or date of maturity, as the case may be.

Appears in 1 contract

Samples: Urs Corp /New/

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