Common use of Calculating Time Clause in Contracts

Calculating Time. If anything is permitted or required to be done: (a) a number of days or Business Days before a specified date, the date by which that thing may or must be done is to be calculated excluding the specified date; Example: if the Settlement Date falls on a Friday, 2 days before the Settlement Date is Wednesday. (b) for amounts to be paid to destination accounts other than the Buyer's Solicitor's trust account, the Seller must give the Buyer a copy of the current account for the Outgoing to enable the Buyer to verify the destination account details in the Financial Settlement Schedule.

Appears in 4 contracts

Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land

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