Common use of Performance on Business Days Clause in Contracts

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 166 contracts

Samples: Purchase and Sale Agreement (CommonWealth REIT), Purchase and Sale Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Adcare Health Systems Inc)

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Performance on Business Days. In the event the date on which ---------------------------- performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 6 contracts

Samples: Agreement of Merger (Homestead Village Inc), Purchase and Sale Agreement (Hospitality Properties Trust), Sale and Exchange Agreement (Hospitality Properties Trust)

Performance on Business Days. In the event the date on ---------------------------- which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder or the delivery of any notice permitted or required hereunder is other than a Business Day, the time for payment payment, performance or performance delivery shall automatically be extended to the first (1st) Business Day following such date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Five Star Quality Care Inc), Purchase and Sale Agreement (Five Star Quality Care Inc), Purchase and Sale Agreement (Five Star Quality Care Inc)

Performance on Business Days. In the event the date ---------------------------- on which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder is other than a Business Daybusiness day, the time for payment or performance shall automatically be extended to the first Business Day business day following such date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Hospitality Properties Trust), Purchase and Sale Agreement (Hospitality Properties Trust)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first (1st) Business Day following such date.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Marriott International Inc /Md/), Purchase and Sale Agreement (Five Star Quality Care Inc)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party Party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Select Income REIT), Purchase and Sale Agreement and Joint Escrow Instructions (Senior Housing Properties Trust)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date. 12.11.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Alterra Healthcare Corp)

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Performance on Business Days. In the event the date on which performance or payment of any an obligation of a party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 1 contract

Samples: Management Agreement (Hospitality Properties Trust)

Performance on Business Days. In the event that the date on which performance or payment of any obligation of a party required hereunder is other than a Business Daybusiness day, the time for payment or performance shall automatically be extended to the first Business Day business day following such date.

Appears in 1 contract

Samples: Lease Agreement (Integrated Device Technology Inc)

Performance on Business Days. In the event If the date on which payment or performance or payment of any obligation of a party hereunder is other than a Business Day, or the last day for the giving of any notice required or permitted hereunder is other than a Business Day, the time for payment such payment, performance or performance delivery shall automatically be extended to the first Business Day following such date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Abiomed Inc)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party Party required hereunder is other than a Business Day, the time for payment or performance shall automatically be extended to the first (1st) Business Day following such date.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Ashford Hospitality Prime, Inc.)

Performance on Business Days. In the event the date on which performance or payment of any obligation of a party required hereunder is other than a Business Day, the time -26- 115 for payment or performance shall automatically be extended to the first Business Day following such date.

Appears in 1 contract

Samples: Lease Agreement (Sholodge Inc)

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