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 of any duty under this Agreement shall fall upon a Saturday, Sunday or any date on which banks in Georgia 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 day.

Appears in 5 contracts

Samples: Stock Purchase Agreement, Asset Purchase Agreement (Superior Uniform Group Inc), Agreement and Plan of Merger and Reorganization (Wright Medical Group Inc)

AutoNDA by SimpleDocs

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 of any duty under this Agreement hereunder shall fall upon a Saturday, Sunday Sunday, or any date on which banks in Atlanta, Georgia are closed, 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

Samples: Asset Purchase Agreement (Horizon Medical Products Inc), Asset Purchase Agreement (Healthcare Recoveries Inc), Asset Purchase Agreement (Healthcare Recoveries 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 of any duty under this Agreement shall fall upon a Saturday, Sunday or any date on which banks in Georgia 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

Samples: Agreement and Plan of Merger (Alco Stores Inc)

AutoNDA by SimpleDocs

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 of any duty under this Agreement hereunder shall fall upon a Saturday, Sunday Sunday, or any date on which banks in Atlanta, Georgia or Skokie, Illinois are closed, 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

Samples: Asset Purchase Agreement (Horizon Medical Products Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.