Common use of Computation of Periods Clause in Contracts

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Agreement of Sale (Hines Real Estate Investment Trust Inc)

AutoNDA by SimpleDocs

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State of Connecticut or the State in which the Premises is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Agreement of Sale (Inland Monthly Income Fund Iii Inc)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the Commonwealth of Virginia, State in which the Premises is located of Maryland or by the United States Postal ServiceService (any of the foregoing, a “Holiday”), then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holidayHoliday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday Holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holidayHoliday. A “Business Day” shall be any day that is not a Saturday, Sunday or Holiday.

Appears in 1 contract

Samples: Agreement of Sale (Washington Real Estate Investment Trust)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises is located or by the United States Postal ServiceService (any of the foregoing, a “Holiday”), then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holidayHoliday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that the day of the act or event after which the designated period of time begins to run is not to be BUSDOCS/1447877.5 included and the last day of the period is so computed is to be included, unless such last day is a Saturday, Sunday or holiday Holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holidayHoliday.

Appears in 1 contract

Samples: Agreement of Sale (Berkshire Income Realty Inc)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State of New York and/or the State in which the Premises is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Agreement of Sale (Hines Real Estate Investment Trust Inc)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises Property is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is as to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Purchase and Sale Agreement (AmREIT, Inc.)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which of California, the Premises is located State of New York or the Commonwealth of Virginia or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Agreement of Sale (Apple Hospitality Five Inc)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises is located of New Jersey or by the United States Postal ServiceService (any of the foregoing, thena “Holiday”), then the time of such period shall be extended to the next day which is not a Saturday, Sunday or holidayHoliday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday Holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holidayHoliday.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Butler International Inc /Md/)

AutoNDA by SimpleDocs

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which of Illinois or the Premises is located State of Maryland or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Agreement of Sale (Corporate Office Properties Trust)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon on a Saturday, Sunday Sunday, Monday or a holiday observed by federally insured banks in the State in which the Premises is located of California, Alabama, or Florida or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday Sunday, Monday or holidayholiday (a “Business Day”). Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is not a Saturday, Sunday or holiday Business Day in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holidayBusiness Day.

Appears in 1 contract

Samples: Agreement of Sale (Grubb & Ellis Healthcare REIT, Inc.)

Computation of Periods. If the final day of any period of time in any provision of this Agreement agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Sale Agreement (Beacon Properties Corp)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State of New York and or the State in which the Premises is located or by the United States Postal ServiceService (any of the foregoing, a "Holiday"), then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holidayHoliday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday Holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.Holiday. BUSDOCS/1435908.8

Appears in 1 contract

Samples: Agreement of Sale (Berkshire Income Realty Inc)

Computation of Periods. If the final day of any period of time in any provision of this Agreement falls upon a Saturday, Sunday or a holiday observed by federally insured banks in the State in which the Premises Property is located or by the United States Postal Service, then, the time of such period shall be extended to the next day which is not a Saturday, Sunday or holiday. Unless otherwise specified, in computing any period of time described in this Agreement, all days shall be counted including Saturdays, Sundays and holidays; provided however that 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 is so computed is to be included, unless such last day is a Saturday, Sunday or holiday in which event the period shall run until 5:00 pm the end of the next day which is neither a Saturday, Sunday or holiday.

Appears in 1 contract

Samples: Sale Agreement (Beacon Properties Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!