Common use of Period of Time Clause in Contracts

Period of Time. When calculating the period of time within which or following which any act is to be done or step is to be taken pursuant to this Agreement, the date which is the reference date in calculating such period shall be excluded. If the last day of such period is a non-business day, the period in question shall end on the next business day.

Appears in 8 contracts

Samples: Option Agreement, Option Agreement, Joint Venture Agreement

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Period of Time. When calculating the period of time within which or following which any act is to be done or step is to be taken pursuant to this Agreement, the date which is the reference date in calculating such period shall be excluded. If the last day of such period is not a non-business dayBusiness Day, the period in question shall end on the next business dayBusiness Day.

Appears in 5 contracts

Samples: Joint Venture Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A)

Period of Time. When calculating the period of time within which or following which any act is to be done or step is to be taken pursuant to this Agreement, the date which is the reference date in calculating such period shall be excluded. If the last day of such period is a non-business dayBusiness Day, the period in question shall end on the next business dayBusiness Day.

Appears in 2 contracts

Samples: Joint Venture Agreement, Joint Venture Agreement

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Period of Time. When calculating the period of time within which or following which any act is to be done or step is to be taken pursuant to this Agreement, the date which is the reference date in calculating such period shall be excluded. If the last day of such period is a non-business day, the period in question shall end on the next business day. Time is of the essence of this Agreement.

Appears in 1 contract

Samples: Option Agreement (Halo Resources LTD)

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