Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if any date for payment of Principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 93 contracts
Sources: Subordinated Indenture (VCI Global LTD), Subordinated Indenture (Strive, Inc.), Senior Indenture (MSCI Inc.)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if If any date for payment of Principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 60 contracts
Sources: Indenture (Alcon Inc), Indenture (Credit Suisse Group Funding (Guernsey) LTD), Indenture (Credit Suisse Group Funding (Guernsey) LTD)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if any date for payment of Principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of of, premium, if any, or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 17 contracts
Sources: Indenture (Grede LLC), Indenture (Grede LLC), Indenture (Sothebys)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if any date for payment of Principal principal, premium, if any, or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of principal of, premium, if any, or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 7 contracts
Sources: Indenture (Savyon Trust Group,inc), Indenture (Td Ameritrade Holding Corp), Indenture (TD AMERITRADE Online Holdings Corp.)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if If any date for payment of Principal principal or interest on any Security shall not be a Business Day at any place of paymentpayment for such Security, then payment of Principal principal of or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 3 contracts
Sources: Indenture (Becton Dickinson Euro Finance S.a. r.l.), Indenture (Becton Dickinson & Co), Indenture (Becton Dickinson & Co)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if If any date for payment of Principal or interest on any Convertible Security shall not be a Business Day at any place of payment, then payment of Principal of or interest on such Convertible Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 2 contracts
Sources: Indenture (Credit Suisse Group (Guernsey) III LTD), Indenture (Credit Suisse Group (Guernsey) III LTD)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if If any date for payment of Principal principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal principal of or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 1 contract
Sources: Indenture (Tyson Foods Inc)
Payment Date Other Than a Business Day. Except as otherwise provided with respect to a series of Securities, if any date for payment of Principal or interest on any Security (including any redemption date) shall not be a Business Day at any place of payment, then payment of Principal of or interest on such Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after such date.
Appears in 1 contract