Common use of Calculating Time Clause in Contracts

Calculating Time. If the time for performance of any obligation hereunder expires on typical Business Day, the time for performance shall be extended to the next Business Day. For purposes of this Agreement, a “Business Day” shall be defined as any time from 8:00 a. m. through 4:30 p.m. on a Monday, Tuesday, Wednesday, Thursday, or Friday, excluding Federally recognized holidays or days closed due to events or effects that can neither be anticipated nor controlled such as floods, earthquakes, riots, strikes, or other acts of force majeure. Any reference to “day” or “Days” in this Agreement shall be construed as Business Days.

Calculating Time. If the time for performance of any obligation hereunder expires on typical Business Day, the time for performance shall be extended to the next Business Day. For purposes of this Agreement, a “Business Day” shall be defined as any time from 8:00 a. m. 8:00 a.m. through 4:30 p.m. on a Monday, Tuesday, Wednesday, Thursday, or Friday, excluding Federally recognized holidays or days closed due to events or effects that can neither be anticipated nor controlled such as floods, earthquakes, riots, strikes, or other acts of force majeure. Any reference to “day” or “Days” in this Agreement shall be construed as Business Days.