Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date falls on a day which is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 23 contracts
Sources: Credit and Security Agreement (Physicians Formula Holdings, Inc.), Credit and Security Agreement (Nortech Systems Inc), Credit and Security Agreement (Spectranetics Corp)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date any payment due hereunder falls on a day which that is not a Business Day, such payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 7 contracts
Sources: Loan and Security Agreement (Star Equity Holdings, Inc.), Loan and Security Agreement (Star Equity Holdings, Inc.), Loan and Security Agreement (Sugarfina Corp)
Payments Due on Non-Business Days. If Unless otherwise specified, if an Interest Payment Date or the Termination Date falls on a day which is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 2 contracts
Sources: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date a payment date falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Sources: Credit Agreement (LIVE VENTURES Inc)
Payments Due on Non-Business Days. If an Interest Payment Date the date of demand under the Note or the Termination Date falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Sources: Credit and Security Agreement (Adams Resources & Energy, Inc.)
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date any date on which a payment is due falls on a day which that is not a Business Day, payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Payments Due on Non-Business Days. If an Interest Payment Date or the Termination Date falls any payment required to be made hereunder is due on a day which is not a Business DayDay (including, without limitation, any Interest Payment Date or the Termination Date), such payment shall be made on the next Business Day, and interest shall continue to accrue during that time period.
Appears in 1 contract
Sources: Credit and Security Agreement (Frederick's of Hollywood Group Inc /Ny/)