Common use of Counting of Days Clause in Contracts

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closed.

Appears in 5 contracts

Samples: Rents and Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gsi Commerce Inc), And Security Agreement (Gladstone Commercial Corp)

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Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Fee Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Fee Real Estate is located are authorized by law to be closed.

Appears in 3 contracts

Samples: And Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gladstone Commercial Corp), Gladstone Commercial Corp

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which any portion of the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The Business Day, as that term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions is defined in the State in which the Real Estate is located are authorized by law to be closedLoan Agreement.

Appears in 1 contract

Samples: Indemnity and Guaranty Agreement (Catellus Development Corp)

Counting of Days. The term "days" when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, located the period shall be deemed to end on the next succeeding business day. The term "business day" when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closed.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Usa Detergents Inc)

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closedBusiness Day.

Appears in 1 contract

Samples: Loan Agreement (City Office REIT, Inc.)

Counting of Days. The term "days" when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate Mortgaged Property is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closed.

Appears in 1 contract

Samples: Cali Realty Corp /New/

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is Improvements are located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is Improvements are located are authorized by law to be closed.

Appears in 1 contract

Samples: Open End Mortgage Deed and Security Agreement (General Datacomm Industries Inc)

Counting of Days. The term “days” when "days"when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term "business day" when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closed.

Appears in 1 contract

Samples: Credit Line Mortgage and Security Agreement (Sk Realty Ventures Inc)

Counting of Days. The term "days" when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate Land is located, the period shall be deemed to end on the next succeeding business day. The term "business day" when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate Land is located are authorized by law to be closed.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Inland Diversified Real Estate Trust, Inc.)

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Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate applicable Individual Property is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closedBusiness Day.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

Counting of Days. The term "days" when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by within the state within in which the Real Estate Mortgaged Property is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are authorized by law to be closed.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Cali Realty Corp /New/)

Counting of Days. The term "days" when used herein shall mean calendar calender days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate Land is located, the period shall be deemed to end on the next succeeding business day. The term "business day" when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions institutions, in the State in which the Real Estate Land is located are authorized by law to be closed.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Corporate Property Associates 16 Global Inc)

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean any day other than a weekdaySaturday, Monday through Fridaya Sunday, except a legal holiday or a other day on which banking institutions commercial banks in the State state in which the Real Estate is located are authorized or required by law to close. All references in this Mortgage to a “day” or “date” shall be closedto a calendar day unless specifically referenced as a business day.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Industrial Income Trust Inc.)

Counting of Days. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Real Estate is located, the period shall be deemed to end on the next succeeding business day. The term “business day” when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State in which the Real Estate is located are required or authorized by law to be closed.

Appears in 1 contract

Samples: Talon Real Estate Holding Corp.

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