Common use of Computation of Periods Clause in Contracts

Computation of Periods. If a specified date to perform any act or give any notice in the Contract Documents (including the last date “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided, however that requirements contained in the Contract Documents regarding actions to be taken in the event of an emergency or other requirements for which it is clear that performance is intended to occur on a non-Business Day, such actions or performance shall be required on the date specified.

Appears in 7 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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Computation of Periods. If a specified the date to perform any act or give any notice specified in the Contract Documents (including the last date for performance or provision of notice “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided. Notwithstanding the foregoing, however that requirements contained in the Contract Documents regarding relating to actions to be taken in the event of an emergency or and other requirements for which it is clear that performance is intended to occur on a non- Business Day, shall be performed as specified, even though the date in question may fall on a non-Business Day, such actions or performance shall be required on the date specified.

Appears in 4 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

Computation of Periods. If a specified the date to perform any act or give any notice specified in the Contract Documents (including the last date for performance or provision of notice “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided. Notwithstanding the foregoing, however that requirements contained in the Contract Documents regarding relating to actions to be taken in the event of an emergency or and other requirements for which it is clear that performance is intended to occur on a non-Business Day, such actions or performance shall be required on performed as specified, even though the date specifiedin question may fall on a non-Business Day.

Appears in 3 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

Computation of Periods. If a specified date to perform any act or give any notice in the Contract Documents (including the last date “within” a specified time period) falls on a non-non- Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided, however that requirements contained in the Contract Documents regarding actions to be taken in the event of an emergency or other requirements for which it is clear that performance is intended to occur on a non-Business Day, such actions or performance shall be required on the date specified.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Computation of Periods. If a specified the date to perform any act or give any notice in the Contract Documents (including the last date “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided, however that requirements contained in the Contract Documents regarding actions to be taken in the event of an emergency or other requirements for which it is clear that performance is intended to occur on a non-Business Day, such actions or performance shall be required on the date specified.

Appears in 1 contract

Samples: Development Agreement

Computation of Periods. If a specified date to perform any act or give any notice in the Contract Documents (including the last date “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding Business Day; provided, however however, that requirements non-Business Day deadlines contained in the Contract Documents regarding for actions to be taken in the event of an emergency Emergency or other requirements for which circumstances, where it is clear that performance is intended to occur on a non-Business Day, such actions or performance shall not be required on extended to the date specifiednext succeeding Business Day.

Appears in 1 contract

Samples: Design Build Maintain Agreement

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