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

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 5 contracts

Samples: Universal Warrant Agreement (Dean Witter Discover & Co), Warrant Agreement (Morgan Stanley Dean Witter & Co), Warrant Agreement (Fleet Capital Trust Ix)

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Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 3 contracts

Samples: Warrant Agreement (Deutsche Bank Aktiengesellschaft), Warrant Agreement (Morgan Stanley Capital Trust VIII), Warrant Agreement (Morgan Stanley)

Payments Due on Saturdays, Sundays and Holidays. If Unless otherwise specified in the applicable Warrant Certificate, if the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below)Day, then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such date.

Appears in 2 contracts

Samples: Warrant Agreement (Toronto Dominion Bank), Warrant Agreement (Toronto Dominion Bank)

Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment need not be made on such date, but may be made on the next succeeding Business Day with same force and effect as if made on the date fixed, and no interest shall accrue for the period after such datedate (unless otherwise specified).

Appears in 2 contracts

Samples: Warrant Agreement (Morgan Stanley Finance LLC), Warrant Agreement (Morgan Stanley Capital Trust Iv)

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Payments Due on Saturdays, Sundays and Holidays. If the date fixed for any payment with respect to the Universal Warrants of any series appertaining thereto shall not be a Business Day (as defined below), then such payment 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 fixed, and no interest shall accrue for the period after such date.

Appears in 1 contract

Samples: Warrant Agreement (J P Morgan Chase & Co)

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