Common use of Time of the Essence; Computation of Time Clause in Contracts

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 20 contracts

Sources: Equity Purchase Agreement (FiscalNote Holdings, Inc.), Stock Purchase Agreement (Epicor Software Corp), Stock Purchase Agreement (American Greetings Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 10 contracts

Sources: Merger Agreement (FinTech Acquisition Corp), Merger Agreement (JetPay Corp), Unit Purchase Agreement (JetPay Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the other discharge or any duty hereunder shall fall upon a day that is not a Non-Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 5 contracts

Sources: Registration Rights Agreement (I2 Technologies Inc), Registration Rights Agreement (I2 Technologies Inc), Registration Rights Agreement (Castle Dental Centers Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that which is not a Business Daybusiness day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 4 contracts

Sources: Registration Rights Agreement (Authentec Inc), Registration Rights Agreement (Riverwood Holding Inc), Registration Rights Agreement (Graphic Packaging Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a Business Daybusiness day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 3 contracts

Sources: Series C Convertible Preferred Stock and Warrant Purchase Agreement (Abry Mezzanine Partners Lp), Series C Convertible Preferred Stock and Warrant Purchase Agreement (SoftBrands, Inc.), Series D Convertible Preferred Stock and Warrant Purchase Agreement (SoftBrands, Inc.)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 3 contracts

Sources: Unit Purchase Agreement (Emeritus Corp\wa\), Unit Purchase Agreement (Emeritus Corp\wa\), Securities Purchase Agreement (Vca Antech Inc)

Time of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever If the last day for the exercise of any privilege or the discharge or of any duty hereunder under this Agreement shall fall upon a day that is not Saturday, Sunday or any public or legal holiday, whether federal or of a Business Day, state in which the party having such privilege or duty may resides or has its principal place of business, then the party having such privilege or duty shall have until 5:00 p.m. local time on the next succeeding regular Business Day to exercise such privilege or to discharge such duty on the next succeeding day which is a regular Business Dayduty.

Appears in 2 contracts

Sources: Share Exchange Agreement (Coca Cola Bottling Group Southwest Inc), Merger Agreement (Coca Cola Bottling Group Southwest Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a non-Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 2 contracts

Sources: Conversion Agreement (Aspect Communications Corp), Conversion Agreement (Aspect Communications Corp)

Time of the Essence; Computation of Time. Time is of the essence for of each and every provision of this AgreementAgreement which, by its terms, calls for performance by a specified date. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not a Business DaySaturday, Sunday or any public or legal holiday, whether state or federal, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Locateplus Holdings Corp), Reorganization Agreement (Schimatic Cash Transactions Network Com Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not other than a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (LRAD Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.. SECURITIES PURCHASE AGREEMENT

Appears in 1 contract

Sources: Securities Purchase Agreement

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Celsius Holdings, Inc.)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that is not a non-Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (I2 Technologies Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not other than on a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Debt Settlement Agreement (Medicure Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a any day that which is not a Business Daybusiness day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 1 contract

Sources: Merger Agreement (Neenah Foundry Co)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not a Business DaySaturday, Sunday, or any date federally chartered banks are closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 1 contract

Sources: Asset Purchase Agreement (Speedway Motorsports Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that which is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Centerpoint Properties Trust)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not other than a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Merger Agreement (ZAGG Inc)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a day that which is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 1 contract

Sources: Registration Rights Agreement (Next Generation Network Inc)

Time of the Essence; Computation of Time. Time is of the essence for ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the other discharge or any duty hereunder shall fall upon a day that is not a Non-Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Registration Rights Agreement (Heller Financial Inc)

Time of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder under this Agreement shall fall upon a day that is not a Business DaySaturday, Sunday or any public or legal holiday, whether state or federal, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Daybusiness day.

Appears in 1 contract

Sources: Merger Agreement (Healthcare Acquisition Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a day that is not other than a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular Business Day.

Appears in 1 contract

Sources: Share Purchase Agreement (Counsel RB Capital Inc.)

Time of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder under this Agreement shall fall upon Saturday, Sunday or any public or legal holiday, whether federal or of a day that is not a Business Daystate in which the person or entity having such privilege or duty resides or has its principal place of business, the party having such privilege or duty may shall have until 5:00 p.m. on the next succeeding regular business day to exercise such privilege or to discharge such duty on the next succeeding day which is a regular Business Dayduty.

Appears in 1 contract

Sources: Mineral Rights Pledge Agreement (Galaxy Minerals Inc)