Extension of Maturity. Should the principal of or interest on this Debenture become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.
Appears in 8 contracts
Sources: Securities Purchase Agreement (Exchange Applications Inc), Securities Purchase Agreement (Infocrossing Inc), Securities Purchase Agreement (Exchange Applications Inc)
Extension of Maturity. Should the principal of or interest on this Debenture Note become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Exchange Applications Inc), Securities Purchase Agreement (Gentle Dental Service Corp), Securities Purchase Agreement (Exchange Applications Inc)
Extension of Maturity. Should the principal of or interest on this Debenture Note become due and payable on other than a Business Dayday, the maturity date thereof shall be extended to the next succeeding Business Dayday, and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.
Appears in 1 contract
Sources: Securities Purchase Agreement (Exchange Applications Inc)
Extension of Maturity. Should the principal of or interest on this Debenture any Note, or any mandatory prepayment of the principal thereof, become due and payable on other than a Business Day, the maturity date thereof shall be extended to the next succeeding Business Day, Day and, in the case of principal, interest shall be payable thereon at the rate per annum herein specified during such extension.
Appears in 1 contract
Extension of Maturity. Should the principal of or interest on this Debenture become due and payable on other than a Business Daybusiness day, the maturity date thereof shall be extended to the next succeeding Business Daybusiness day, and, in the case of principal, and interest shall be payable thereon at the rate per annum herein specified during such extension.per
Appears in 1 contract