Timing of Payment or Performance. Except as otherwise provided herein, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business Day, and in the case of payments, such extension of time shall be included in the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.
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Sources: Credit Agreement (Redaptive, Inc.), Term Loan, Security and Guaranty Agreement (Venoco, Inc.)
Timing of Payment or Performance. Except as otherwise provided herein, when the payment of any obligation or the performance of any covenant, duty duty, or obligation is stated to be due or performance required on (or before) a day which is not a Business Day, the date of such payment (other than as described in the definition of Interest Period) or performance shall extend to the immediately succeeding Business Day, and in the case of payments, such extension of time shall be included reflected in the computation of computing interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.. |US-DOCS\101663612.13131839430.6||
Appears in 1 contract
Sources: First Lien Credit Agreement (HireRight Holdings Corp)
Timing of Payment or Performance. Except as otherwise expressly provided herein, when the payment of any obligation or the performance of any covenant, duty duty, or obligation is stated to be due or performance required on (or before) a day which is not a Business Day, the date of such payment (other than as set forth in Section 2.7) or performance shall extend to the immediately succeeding Business Day, and in the case of payments, such extension of time shall be included reflected in the computation of computing interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.
Appears in 1 contract
Sources: Bridge Credit Agreement (Xerox Corp)
Timing of Payment or Performance. Except as otherwise expressly provided herein, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business DayDay (other than with respect to the applicable Maturity Date, and in the case of payments, which such extension of time payment or performance shall be included in required on the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payableimmediately preceding Business Day).
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Sources: Senior Secured Term Loan Facility Agreement (New Residential Investment Corp.)
Timing of Payment or Performance. Except as otherwise expressly provided hereinherein or in any other Loan Document, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on (or before) a day which is not a Business Day, the date of such payment (other than as described in the definition of “Interest Period”) or performance shall extend to the immediately succeeding Business Day, Day and in the case of payments, such extension of time shall be included reflected in the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.
Appears in 1 contract
Sources: Term Loan Agreement (Fermi LLC)
Timing of Payment or Performance. Except as otherwise provided herein, when When the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business Day, and in the case of payments, such extension of time shall be included in the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.
Appears in 1 contract
Sources: Credit Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Timing of Payment or Performance. Except as otherwise expressly provided herein, when the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business Day, and in the case of payments, such extension of time shall be included in the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable.. 76 Doc#: US1:18059326v3
Appears in 1 contract