Common use of Calculation of Time Periods Clause in Contracts

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

Appears in 18 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 5:00 p.m., local Eastern time.

Appears in 10 contracts

Samples: Purchase and Sale Agreement (Inland Residential Properties Trust, Inc.), Purchase and Sale Agreement (Steadfast Income REIT, Inc.), Purchase and Sale Agreement (Steadfast Income REIT, Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 5:00 p.m., local time.

Appears in 6 contracts

Samples: Contribution Agreement (Sl Green Realty Corp), Purchase and Sale Agreement (Town & Country Trust), Purchase and Sale Agreement (Town & Country Trust)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time. Time is of the essence of each and every provision of this Agreement.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local timetime at the Property.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Cri Hotel Income Partners L P), Purchase and Sale Agreement (Cri Hotel Income Partners L P), Purchase and Sale Agreement (Cri Hotel Income Partners L P)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreementherein, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be includedincluded at, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedfor national banks, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday Xxxxxx or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 p.m., local 5:00 p.m. daylight savings time.

Appears in 3 contracts

Samples: Sale Agreement (Cedar Income Fund LTD /Md/), Sale Agreement (Cedar Income Fund LTD /Md/), Sale Agreement (Cedar Income Fund LTD /Md/)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedDistrict of Columbia, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Mack Cali Realty Corp), Purchase and Sale Agreement (Mack Cali Realty L P)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State state in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local timetime unless otherwise specifically stated.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreementherein, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under for national banks in the laws of the State in which location where the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday Sunday, or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 5:00 p.m., local time.

Appears in 2 contracts

Samples: Assignment of Purchase and Sale Agreement (Cole Credit Property Trust II Inc), Purchase and Sale Agreement (American Industrial Properties Reit Inc)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall will run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall will be deemed to end at 5 p.m., local Eastern time.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.), Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included included, and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under for national banks in the laws of the State in which location where the Property is located, in which event the period shall run until the end of the next day day, which is neither a Saturday, Sunday Sunday, or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 5:00 p.m., local time.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreementherein, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under for national banks in the laws of the State in which location where the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday Sunday, or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 p.m., local time5:00 p.m. (Central Time).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Preferred Apartment Communities Inc)

Calculation of Time Periods. Unless otherwise specified, in --------------------------- computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local Central time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Overseas Partners LTD)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreementherein, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be includedincluded at, unless such last day is a Saturday, Sunday or legal holiday under for national banks in the laws of the State in which location where the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday Sunday, or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 p.m., local time5:00 p.m. (Eastern Standard Time).

Appears in 1 contract

Samples: Purchase and Sale Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last any day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedLegal holiday, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final last day of any such period of time described herein shall be deemed to end at 5 p.m., local time5:00 p.m. at the location of the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First National Bancshares Inc /Sc/)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 6:00 p.m., local Eastern time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until 35311418v.9 the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time. Time is of the essence of each and every provision of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Align Technology Inc)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., p.m. (local timetime at the Property).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Office Properties Trust)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holidayholiday under the laws of the State in which the Property is located. The final day of any such period shall be deemed to end at 5 p.m., p.m. (local timetime at the Property).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carter Validus Mission Critical REIT II, Inc.)

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Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local Central Standard time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Overseas Partners LTD)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is Properties are located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ereim Lp Associates)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local 7:00 p.m. Eastern time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (TerraCycle US Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 5:00 p.m., local timetime at the Property. Time is of the essence of each and every provision of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Procaccianti Hotel Reit, Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedCommonwealth of Pennsylvania, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Health & Retirement Properties Trust)

Calculation of Time Periods. Unless otherwise specifiedspecifically provided herein, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedof MINNESOTA, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 5:00 p.m., local MINNESOTA time.

Appears in 1 contract

Samples: Purchase Agreement (Lectec Corp /Mn/)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal federal holiday. The final day of any such period shall be deemed to end at 5 p.m., p.m. (local timetime at the Property).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nuveen Global Cities REIT, Inc.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedState, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 5:00 p.m., local time.

Appears in 1 contract

Samples: Purchase and Sale Agreement (America First Tax Exempt Investors Lp)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property Properties is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local timetime at the Properties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mountain High Acquisitions Corp.)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall will be deemed to end at 5 p.m., local timeCentral Time.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Vascular Solutions Inc)

Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is locatedCommonwealth of Massachusetts, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local p.m. (Boston time).

Appears in 1 contract

Samples: Agreement of Purchase and Sale (TILT Holdings Inc.)

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