Common use of Deemed Giving of Notice and Receipt Clause in Contracts

Deemed Giving of Notice and Receipt. A notice or communication will be deemed to have been duly given and received:- (a) on personal delivery to any director or the company secretary of an addressee or on a business day to a place for the receipt of letters at that addressee's authorised address; (b) in the case of posting, where the addressee's authorised address is in the same country as the country of posting, at 10 a.m. (local time at the place where the address is located) on the second business day after the day of posting; (c) in the case of posting, where the addressee's authorised address is not in the same country as the country of posting, at 10 a.m. (local time at the place where that address is located) on the fifth business day after the day of posting; (d) in the case of a fax, on issue to the sender of an O.K. result confirmation report or, if the day of issue is not a business day, at 10 a.m. (local time where the authorised fax number of the intended recipient is located) on the next business day.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Nam Tai Electronics Inc)

Deemed Giving of Notice and Receipt. A notice or communication will shall be deemed to have been duly given and received:-received: (a) on personal delivery to any director or the company secretary of an addressee or on a business day to a place for the receipt of letters at that addressee's ’s authorised address; (b) in the case of posting, where the addressee's ’s authorised address is in the same country as the country of posting, at 10 a.m. 5:00 p.m. (local time at the place where the address is located) on the second business day after the day of posting; (c) in the case of posting, where the addressee's ’s authorised address is not in the same country as the country of posting, at 10 a.m. 5:00 p.m. (local time at the place where that address is located) on the fifth business day after the day of posting; (d) in the case of a fax, on issue to the sender of an O.K. result confirmation report or, if the day of issue is not a business day, at 10 a.m. (local time where the authorised fax number of the intended recipient is located) on the next business day; and (e) in the case of an e-mail, on sender’s receipt of a “delivery receipt” or reply e-mail from any relevant recipient.

Appears in 1 contract

Sources: Share Purchase Agreement

Deemed Giving of Notice and Receipt. A notice or communication will be deemed to have been duly given and received:-received: (a) on personal delivery to any director or the company secretary of an addressee or on a business day to a place for the receipt of letters at that addressee's authorised address; (b) in the case of posting, where the addressee's authorised address is in the same country as the country of posting, at 10 10:00 a.m. (local time at the place where the address is located) on the second business day after the day of posting; (c) in the case of posting, where the addressee's authorised address is not in the same country as the country of posting, at 10 10:00 a.m. (local time at the place where that address is located) on the fifth business day after the day of posting; (d) in the case of a fax, on issue to the sender of an O.K. result confirmation report receipt or, if the day of issue is not a business day, at 10 10:00 a.m. (local time where the authorised fax number of the intended recipient is located) on the next business day; and (e) in the case of a telex, on receipt by the sender of the confirmed answerback or, if the day of receipt is not a business day, at 10 a.m. (local time where the authorised telex number of the intended recipient is located) on the next business day.

Appears in 1 contract

Sources: Share Sale and Purchase Agreement (Image Sensing Systems Inc)

Deemed Giving of Notice and Receipt. A notice or communication will be deemed to have been duly given and received:-received: (a) on personal delivery to any director or the company secretary of an addressee or on a business day to a place for the receipt of letters at that addressee's authorised address; (b) in the case of posting, where the addressee's authorised address is in the same country as the country of posting, at 10 a.m. (local time at the place where the address is located) on the second business day after the day of posting; (c) in the case of posting, where the addressee's authorised address is not in the same country as the country of posting, at 10 a.m. (local time at the place where that address is located) on the fifth business day after the day of posting;; and (d) in the case of a fax, on issue to the sender of an O.K. result confirmation report or, if the day of issue is not a business day, at 10 a.m. (local time where the authorised fax number of the intended recipient is located) on the next business day.

Appears in 1 contract

Sources: Share Purchase Agreement (Global Payments Inc)

Deemed Giving of Notice and Receipt. A notice or communication will be deemed to have been duly given and received:-received: (a) on personal delivery to any director or the company secretary of an addressee or on a business day to a place for the receipt of letters at that addressee's ’s authorised address; (b) in the case of posting, where the addressee's ’s authorised address is in the same country as the country of posting, at 10 10.00 a.m. (local time at the place where the address is located) on the second (2nd) business day after the day of posting; (c) in the case of posting, where the addressee's ’s authorised address is not in the same country as the country of posting, at 10 10.00 a.m. (local time at the place where that address is located) on the fifth (5th) business day after the day of posting;; and (d) in the case of a fax, on issue to the sender of an O.K. result confirmation report or, if the day of issue is not a business day, at 10 10.00 a.m. (local time where the authorised fax number of the intended recipient is located) on the next business day.

Appears in 1 contract

Sources: Framework Agreement