Common use of Calculation of Dates and Deadlines Clause in Contracts

Calculation of Dates and Deadlines. Unless otherwise specified, any period of time to be determined under this Agreement shall be deemed to commence at 12:01 a.m. on the first full day after the specified starting date, event, or occurrence. Any deadline, due date, expiration date, or period-end to be calculated under this Agreement shall be deemed to end at 5 p.m. on the last day of the specified period. The time of day shall be determined with reference to the then current local time in Columbus, Ohio.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Ohio Legacy Corp), Purchase and Assumption Agreement (First Shares Bancorp Inc), Purchase and Assumption Agreement (First United Corp/Md/)

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Calculation of Dates and Deadlines. Unless otherwise specified, any period of time to be determined under this Agreement shall be deemed to commence at 12:01 a.m. on the first full day after the specified starting date, event, event or occurrence. Any deadline, due date, expiration date, date or period-end to be calculated under this Agreement shall be deemed to end at 5 p.m. on the last day of the specified period. The time of day shall be determined with reference to the then current local time in ColumbusWarren, Ohio.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Second Bancorp Inc)

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