Common use of Calculation of Days Clause in Contracts

Calculation of Days. 2.7.1 When a period or delay expires on a day that is not a Business Day, then such period or delay shall expire on the next day that is a Business Day. 2.7.2 When a period or delay exceeds ten (10) days, unless otherwise stated, such period or delay shall be computed on the basis of calendar days. For periods or delays of up to and including ten (10) days, such periods or delays shall be calculated on the basis of Business Days. For purposes of calculating time periods or delays, the day which marks the start of the period or delay is not counted but the last day is counted.

Appears in 5 contracts

Samples: Impact & Benefit Agreement, Inuit Impact & Benefit Agreement, Inuit Impact & Benefit Agreement

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