Due Date Extension. If any payment of principal or interest with respect to any 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 interest shall accrue and be payable for the period of such extension.
Appears in 2 contracts
Sources: Receivables Financing Agreement (Asta Funding Inc), Receivables Financing Agreement (KBK Capital Corp)
Due Date Extension. If any payment of principal of, or interest with respect to on any Loan falls of the Loans or any payment of any fee provided for herein or any other amount due hereunder shall fall due on a day which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day of Bank and additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 2 contracts
Sources: Loan and Security Agreement (U S Vision Inc), Loan and Security Agreement (U S Vision Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Loans, or of any fees, falls due on a day which is not a Business Day, then (subject to the last paragraph of Section 4.3) such due date shall be extended to the next immediately following Business DayDay and, and in the case of principal, additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Credit Extensions, or of any fees, falls due on a day which is not a Business Day, then then, except as provided in Section 4.3, such due date shall be extended to the next following Business DayDay and, and in the case of principal, additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with respect to any Loan the Notes, or of Letter of Credit 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Bogen Communications International Inc)
Due Date Extension. If any payment of principal of, or ------------------ interest with respect to on any Loan falls of the Loans or any payment of any fee provided for herein or any other amount due hereunder shall fall due on a day which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest with respect to on the Term Loan or any Loan 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 interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Sources: Term Loan Agreement (Rotonics Manufacturing Inc/De)
Due Date Extension. If any payment of principal of or interest with respect to on the Loan or any Loan 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 interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of, or interest with respect to on any of the Revolving Loan falls or any payment of any fee provided for herein or any other amount due hereunder shall fall due on a day which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with ------------------ respect to any Loan of the Notes, or of any fee, 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Global Industrial Technologies Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Credit Extensions, or of any fees, falls due on a day which is not a Business Day, then then, except as Table of Contents otherwise provided in Section 5.3, such due date shall be extended to the next following Business DayDay and, and in the case of principal, additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Fifth Amended and Restated Credit Agreement (Hollinger International Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan 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 interest shall accrue and be payable for the period of any such extension. C\251418.▇▇▇▇▇▇▇▇▇▇ 16509377
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest with respect to on any Term 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 interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Notes, 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If Unless otherwise provided in the Note, if any payment of principal or interest with respect to under the Note (or of any Loan other amount payable hereunder) falls due on a day which is not a Banking Business Day, then such due date shall be extended to the next following Banking Business Day, Day and additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal of or interest with respect to on the Loans or any Loan 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 interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Sources: Master Credit and Security Agreement (Credit Store Inc)
Due Date Extension. If any payment of principal of, or ------------------ interest with respect to on the Loan or any Loan falls payment of any fee provided for herein or any other amount due hereunder shall fall due on a day which is not a Business DayDay of Bank, then such due date shall be extended to the next following succeeding Business Day, Day and additional interest and fees shall accrue and be payable for the period of such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or ------------------ interest with respect to any Loan of 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, Day and additional interest shall accrue and be payable for the period of to, but not including, such extensionBusiness Day.
Appears in 1 contract
Sources: Loan Agreement (Ryder TRS Inc)
Due Date Extension. If any payment of principal or interest with respect to any the Loan falls due on a Saturday, Sunday or other day which is not a Business Day, then such due date shall be extended to the next following Business Day, and additional interest shall accrue and be payable for the period of such extension.
Appears in 1 contract
Sources: Credit Agreement (Professionals Insurance Co Management Group)
Due Date Extension. If any payment of principal or interest with ------------------ respect to any Loan of the Notes, 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 following Business DayDay and, and in the case of principal, additional interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with respect to the Loan, or of any Loan 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (First Reserve Inc)
Due Date Extension. If any payment of principal or interest ------------------ with respect to any 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 interest shall accrue at the applicable interest rate and be payable for the period of such extension.
Appears in 1 contract
Sources: Loan Agreement (Dixie Group Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Notes, or of any fee, 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Illinova Corp)
Due Date Extension. If any payment of principal or interest with respect to any Loan 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 interest shall accrue at the applicable interest rate and be payable for the period of such extension.
Appears in 1 contract
Sources: Loan Agreement (G&k Services Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Loans, or of any fees, falls due on a day which that 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Sources: Credit Agreement (Lithia Motors Inc)
Due Date Extension. If any payment of principal or interest with respect to any Loan of the Notes, or of Commitment Fees or Letter of Credit fees, falls due on a day which that 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 interest shall accrue and be payable for the period of any such extension.
Appears in 1 contract
Due Date Extension. If any payment of principal or interest with respect to any Loan 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, and additional interest shall accrue and be payable for in the period case of such extension.a 29
Appears in 1 contract
Sources: Credit Agreement (Cpi Corp)