Common use of Deemed Service Clause in Contracts

Deemed Service. 32.3.1 Any notice or other communication or document from an Obligor (or Idea on its behalf) shall be irrevocable and shall not be effective until its actual receipt by the Agent. Any other notice, demand or other communication or document shall be served or treated as served at the following times: (a) in the case of service personally or in accordance with clause 32.2.1, at the time of such service; (b) in the case of service by post, at 9.00 am on the working day next following the day on which it was posted or, in the case of service to or from an address outside the United Kingdom, at 9.00 am on the fourth day following the day on which it was posted; and (c) in the case of service by fax, if sent before 9.00 am on a working day, at 11.00 am on the same day, if sent between 9.00 am and 5.30 pm on a working day, two hours after the time of such sending or, if sent after 5.30 pm on a working day or on a day other than a working day, at 9.00 am on the next following working day. 32.3.2 For the purposes of this clause 32 the term "WORKING DAY" shall mean a day (other than a Saturday or Sunday) upon which the recipient of any demand, notice, communication or other document is normally open for business in the country of its address for service referred to in clause 32.1 and references to any time of day shall be construed as references to the time of day on such working day in that country.

Appears in 4 contracts

Samples: Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)

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Deemed Service. 32.3.1 Any notice demand, notice, communication or other communication or document from an Obligor (or Idea on its behalf) a Grantor shall be irrevocable and shall not be effective until its actual receipt by the Collateral Agent. Any other demand, notice, demand communication or other communication or document shall be served or treated as served at the following times: (a) in the case of service personally or in accordance with clause 32.2.1Clause 18.2(a) (Mode of service), at the time of such service; (b) in the case of service by post, at 9.00 am a.m. on the working day next following the day on which it was posted or, in the case of service to or from an address outside the United Kingdom, at 9.00 am a.m. on the fourth working day following the day on which it was posted; and (c) in the case of service by fax, if sent before 9.00 am a.m. on a working day, at 11.00 am a.m. on the same day, if sent between 9.00 am a.m. and 5.30 pm p.m. on a working day, two hours after the time of such sending service or, if sent after 5.30 pm p.m. on a working day day, or if sent on a day other than a working day, at 9.00 am a.m. on the next following working day. 32.3.2 . For the purposes purpose of this clause 32 Clause 18 the term "WORKING DAY" “working day” shall mean a day (other than a Saturday or Sundaya Sunday or a bank or public holiday) upon which the recipient of any demand, notice, communication or other document is normally open for business in the country of its address for service referred to in clause 32.1 Clause 18.1 (General) and references to any time of day shall be construed as references to the time of day on in such working day in that country.

Appears in 1 contract

Samples: Collateral Agent and Administrative Agent Appointment Deed (Integra Leasing As)

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