Common use of Payments on Non-Business Days Clause in Contracts

Payments on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; provided, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement or the Note shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.1, interest shall be payable on such principal at the applicable rate during such extension.

Payments on Non-Business Days. Whenever any payment to be made hereunder or under the Note Notes shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; provided, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement or the Note Notes shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.1, interest shall be payable on such principal at the applicable rate during such extension.

Payments on Non-Business Days. Whenever any payment to be made hereunder or under the Note Notes shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; provided, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement or the Note Notes shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.1, interest shall be payable on such principal at the applicable rate during such extension.

Payments on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; provided, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement and interest or the Note shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.1, interest fees shall be payable on such principal at the applicable rate hereunder during such extension. Notwithstanding the foregoing, if with respect to any payment of principal or interest on a LIBOR Loan (other than a LIBOR Loan made under Tranche B) the succeeding Business Day falls in the next calendar month, the due date for payment of such principal or interest shall be the next preceding Business Day.

Payments on Non-Business Days. Whenever any payment to be made hereunder or under the Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; provided, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement or the Note shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.17.1, interest shall be payable on such principal at the applicable rate during such extension.

Payments on Non-Business Days. Whenever any payment to be made ----------------------------- hereunder or under the Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day; providedDay and, however, that if such next succeeding Business Day is in a new month, then the payment required under this Credit Agreement or the Note shall be made on the first Business Day preceding the original date on which payment was due. If a payment of principal has been extended pursuant to this Section 6.1so extended, interest shall be payable on such principal at the applicable rate during such extension.