Common use of Payments Due on Saturdays, Sundays and Holidays Clause in Contracts

Payments Due on Saturdays, Sundays and Holidays. In any case where the date of maturity of interest on or principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall not be a Business Day, then payment of principal, Purchase Price, premium, if any, or interest 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 date of maturity or the date fixed for purchase or redemption.

Payments Due on Saturdays, Sundays and Holidays. In any case where the date of maturity of principal of, premium, if any, or interest on or principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall not be a Business Day, then payment of principal, Purchase Price, premium, if any, or interest 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 date of maturity or the date fixed for purchase or redemption, and no interest shall accrue for the period after such date.

Payments Due on Saturdays, Sundays and Holidays. In any case where the date of maturity of interest on or principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall not be any day other than a Business Day, . then payment of principal, Purchase Price, premium, if any, interest or interest principal 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 date of maturity or the date fixed for purchase or redemptionredemption and no interest on such payment shall accrue for the period after such date.

Payments Due on Saturdays, Sundays and Holidays. In any case where the date fixed for payment of maturity of interest Interest or premium on or principal or purchase price of the Bonds or the date fixed for redemption or purchase or redemption of any Bonds shall not be a Business Day, then payment of principal, Purchase Pricesuch Interest, premium, if any, principal or interest purchase price 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 such date of maturity or the date fixed for purchase such redemption or redemptionpurchase, as the case may be.

Payments Due on Saturdays, Sundays and Holidays. In If any case where the Bond Payment Date, redemption date or date of maturity of interest on or the principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall is not be a Business Day, then payment of principalinterest, Purchase Price, premium, redemption premium (if any, ) or interest principal need not be made by the Trustee on such date but that date, and that payment may be made on the next succeeding Business Day on which the Trustee is open for business with the same force and effect as if that payment were made on the Bond Payment Date, redemption date or date of maturity or and no interest shall accrue for the date fixed for purchase or redemptionperiod after that date.

Payments Due on Saturdays, Sundays and Holidays. In any case where the date of maturity of principal of, redemption premium, if any, or interest on or principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall not be a day other than a Business Day, then payment of principal, Purchase Price, redemption premium, if any, or interest 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 date of maturity or the date fixed for purchase or redemption, and no interest shall accrue for the period after such date.

Payments Due on Saturdays, Sundays and Holidays. In any case where the date of maturity of interest on or principal of the Bonds or the date fixed for purchase or redemption of any Bonds shall be a Saturday, Sunday or other day that is not be a Business Day, then payment of principal, Purchase Price, premium, if any, interest or interest principal or Redemption Price 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 date of maturity or the date fixed for purchase or redemption, and no interest on such payment shall accrue for the period after such date.