Calendar Days and Business Days. All references to “days” in the Transaction Documents shall mean calendar days unless otherwise stated. The term “Business Day” shall mean days that the New York Stock Exchange is open for trading for three or more hours. Time periods shall be determined as if the relevant action, calculation or time period were occurring in New York City. Any deadline that falls on a non-Business Day in any of the Transaction Documents shall be automatically extended to the next Business Day and interest, if any, shall be calculated and payable through such extended period.
Appears in 7 contracts
Samples: Subscription Agreement (Gase Energy, Inc.), Subscription Agreement (Next Graphite, Inc.), Subscription Agreement (Next Graphite, Inc.)
