Day for Performance Sample Clauses
The "Day for Performance" clause defines the specific date or time frame by which a party must fulfill its contractual obligations. In practice, this clause sets clear deadlines for actions such as delivering goods, completing services, or making payments, ensuring all parties are aware of when their duties are due. By establishing a definite schedule, it helps prevent disputes over timing and provides a basis for enforcing rights or remedies if deadlines are missed.
Day for Performance. Wherever herein there is a day or time period established for performance and such day or the expiration of such time period is a Saturday, Sunday or legal holiday, then such time for performance shall be automatically extended to the next business day.
Day for Performance. In the event the day for which performance is scheduled hereunder is a Saturday, Sunday, or a holiday observed by national banking associations in Houston, Texas, then the day for such performance shall be the immediately following business day. Any reference to a “business day” in this Contract shall mean a day other than a Saturday, Sunday or holiday observed by national banking associations in Houston, Texas. Time is of the essence with respect to the performance by the parties of their obligations hereunder.
Day for Performance. Wherever there is a date or time period established hereunder that falls or expires on a Saturday, Sunday or holiday, then the applicable day or time period will for all purposes be automatically extended to the next business day.