Due Date Extension. If any payment of principal or Yield with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 56 contracts
Sources: Loan Financing and Servicing Agreement (Oaktree Strategic Credit Fund), Loan Financing and Servicing Agreement (BC Partners Lending Corp), Loan Financing and Servicing Agreement (TriplePoint Venture Growth BDC Corp.)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance of the Loans, or of any fees, falls due on a day which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and in the case of principal, additional Yield interest shall accrue and be payable for the period of any such extension at the rate applicable to such Advanceextension.
Appears in 22 contracts
Sources: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (NeueHealth, Inc.)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield interest shall accrue at the applicable interest rate and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 18 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.)
Due Date Extension. If any payment of principal or Yield Interest with respect to any Advance Loan falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield Interest shall accrue and be payable for the period of such extension at the rate applicable to such AdvanceLoan.
Appears in 15 contracts
Sources: Loan and Servicing Agreement (Blue Owl Capital Corp), Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan and Servicing Agreement (AGL Private Credit Income Fund)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance Loan falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield interest shall accrue at the applicable interest rate and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 10 contracts
Sources: Loan Agreement (G&k Services Inc), Loan Agreement (Baldor Electric Co), Loan Agreement (Us Xpress Enterprises Inc)
Due Date Extension. If any payment of principal of or Yield with respect to interest on any Advance Floating Rate Funding or any fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 10 contracts
Sources: Term Loan Agreement (Mdu Resources Group Inc), Credit Agreement (Arctic Cat Inc), Term Loan Agreement (Mdu Resources Group Inc)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance of the Loans, or of any fees, falls due on a day which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay unless the result of that extension would cause such due date to occur in another calendar month, and in which case such due date shall be the immediately preceding Business Day and, in the case of principal, additional Yield interest shall accrue and be payable for the period of any such extension at the rate applicable to such Advanceextension.
Appears in 8 contracts
Sources: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.)
Due Date Extension. If any payment of principal or Yield interest with respect to the Term Loans, or of any Advance fees, falls due on a day which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and in the case of principal, additional Yield interest shall accrue and be payable for the period of any such extension at the rate applicable to such Advanceextension.
Appears in 6 contracts
Sources: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Falconstor Software Inc)
Due Date Extension. If any payment of principal or Yield with respect to any Advance or Fee falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 5 contracts
Sources: Loan Financing and Servicing Agreement (Capital Southwest Corp), Amendment No. 6 (HMS Income Fund, Inc.), Amendment No. 5 (HMS Income Fund, Inc.)
Due Date Extension. If any payment of principal of or Yield with respect to interest on any Advance Loan or any fees payable hereunder falls due on a day which that is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 2 contracts
Sources: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance the Loans falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 2 contracts
Sources: Credit Agreement (Horace Mann Educators Corp /De/), Credit Agreement (Horace Mann Educators Corp /De/)
Due Date Extension. If any payment of principal of or Yield with respect to interest on any Advance or any fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Iti Technologies Inc), Credit Agreement (Factual Data Corp)
Due Date Extension. If any payment of principal or Yield with respect to any the Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such AdvanceInterest Rate.
Appears in 2 contracts
Sources: Loan Financing and Servicing Agreement (SCP Private Credit Income BDC LLC), Loan Financing and Servicing Agreement (SCP Private Credit Income BDC LLC)
Due Date Extension. If any payment of principal or Yield with respect to interest or any Advance fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 2 contracts
Sources: Credit Agreement (Aerocentury Corp), Credit Agreement (Aerocentury Corp)
Due Date Extension. If any payment of principal or Yield with respect to interest on any Advance or any fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 2 contracts
Sources: Receivables Financing Agreement (Brooke Corp), Receivables Financing Agreement (Brooke Corp)
Due Date Extension. If any payment of principal or Yield Interest with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield Interest shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 1 contract
Sources: Receivables Financing Agreement (Firstcity Financial Corp)
Due Date Extension. If any payment of principal or Yield with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]
Appears in 1 contract
Sources: Receivables Financing Agreement (United Pan Am Financial Corp)
Due Date Extension. If any payment of principal of or Yield with respect to interest on any Floating Rate Advance or any fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 1 contract
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance or Reimbursement Obligation falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield interest shall accrue at the applicable interest rate and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 1 contract
Sources: Loan Agreement (Bowater Inc)
Due Date Extension. If any payment of principal or Yield ------------------ with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 1 contract
Due Date Extension. If any payment of principal or Yield with respect to any the Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such the Advance.
Appears in 1 contract
Sources: Bridge Loan Agreement (TriplePoint Venture Growth BDC Corp.)
Due Date Extension. If any payment of principal or Yield with ------------------ respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 1 contract
Sources: Receivables Financing Agreement (Americredit Financial Services of Canada LTD)
Due Date Extension. If any payment of principal or Yield with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance. imposition of a Lien on the Collateral under Section 430 of the Code or Section 303(k) or 4068 of ERISA.
Appears in 1 contract
Sources: Loan Financing and Servicing Agreement (FS KKR Capital Corp)
Due Date Extension. If any payment of principal or Yield with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield and Fees shall accrue and be payable for the period of such extension at the rate applicable to such Advance.
Appears in 1 contract
Due Date Extension. If any payment of principal of or Yield with respect to interest on any Advance Floating Rate Advances or any fees payable hereunder falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and (in the case of principal) additional Yield interest shall accrue and be payable for the period of such extension at the rate applicable to such Advanceextension.
Appears in 1 contract
Due Date Extension. If any payment of principal or Yield with respect to any Advance falls due on a day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional Yield shall accrue and be payable for the period of such extension at the rate applicable to such Advance.. USActive 31637433.35 -60-
Appears in 1 contract
Sources: Loan Financing and Servicing Agreement (FS KKR Capital Corp)
Due Date Extension. If any payment of principal or Yield interest with respect to any Advance of the Advances, or of any fees, falls due on a day which is not a Business Day, then such due date shall be extended to the next immediately following Business DayDay and, and in the case of principal, additional Yield interest shall accrue and be payable for the period of any such extension at the rate applicable to such Advanceextension.
Appears in 1 contract