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 of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 6 contracts

Samples: Acquisition Agreement (Netzee Inc), Agreement and Plan of Merger (Intercept Group Inc), Agreement and Plan of Merger (Intercept Group Inc)

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Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia 6:00 p.m. New York time on the next succeeding regular business day Business Day to exercise such right or to discharge such duty.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (United Industries Corp), Agreement and Plan of Merger (Spectrum Brands, Inc.), Agreement and Plan of Merger (Immucor Inc)

Time of the Essence; Computation of Time. Time is of the ---------------------------------------- essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (M2direct Inc), Asset Purchase Agreement (M2direct Inc), Agreement and Plan of Merger (M2direct Inc)

Time of the Essence; Computation of Time. Time is of the essence ---------------------------------------- of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m., AtlantaXxxxxxx, Georgia Xxxxxxx time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (M2direct Inc)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Towne Services Inc)

Time of the Essence; Computation of Time. Time is of the essence ---------------------------------------- of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (M2direct Inc)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time p.m. on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Share Purchase Agreement (Innovative Technology Acquisition Corp)

Time of the Essence; Computation of Time. Time is of the essence ---------------------------------------- of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia local time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intercept Group Inc)

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Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right privilege or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right privilege or duty shall have until 5:00 p.m.P.M., Atlanta, Georgia GA time on the next succeeding regular business day to exercise such right privilege or to discharge such duty.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digital Transmission Systems Inc \De\)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time Eastern Standard Time on the next succeeding regular business day to exercise such right or to discharge such duty.. [Signatures begin on following page]

Appears in 1 contract

Samples: Stock Purchase Agreement (Tanners Restaurant Group Inc)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m.p.m. Post Falls, Atlanta, Georgia Idaho time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lifestream Technologies Inc)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia local time on the next succeeding regular business day to exercise such right or to discharge such duty.. [Signatures begin on the Following Page]

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intercept Inc)

Time of the Essence; Computation of Time. Time is of the essence of ---------------------------------------- each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m., Atlanta, Georgia time on the next succeeding regular business day to exercise such right or to discharge such duty.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netzee Inc)

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