Common use of Last Day for Performance Other Than a Business Day Clause in Contracts

Last Day for Performance Other Than a Business Day. In the event that the last day for performance of an act or the exercise of a right hereunder falls on a day other than a Business Day, then the last day for such performance or exercise shall be the first Business Day immediately following the otherwise last day for such performance or such exercise.

Appears in 6 contracts

Samples: Agreement of Purchase and Sale (Teltronics Inc), Limited Liability Company Agreement (Nova Corp \Ga\), Limited Liability Company Agreement (Snap on Inc)

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Last Day for Performance Other Than a Business Day. In the event that the last day for performance of an act or the exercise of a right hereunder falls on a day other than a Business Day, then the last day for such performance or exercise shall be the first Business Day immediately following the otherwise last day for such performance or such exercisethereafter.

Appears in 2 contracts

Samples: Operating Agreement (Cornerstone Core Properties REIT, Inc.), Operating Agreement (Cornerstone Healthcare Plus Reit, Inc.)

Last Day for Performance Other Than a Business Day. In the event that the last day for performance of an act or the exercise of a right hereunder falls on a day other than a Business Daybusiness day, then the last day for such performance or exercise shall be the first Business Day business day immediately following the otherwise last day for such performance or such exercise. A business day means a day other than a Saturday, Sunday or a legal holiday on which federally chartered banks are generally closed for business.

Appears in 2 contracts

Samples: Agreement Regarding Creation of Western America Mortgage, Ltd. (Mortgage Com Inc), Limited Partnership Agreement (O Charleys Inc)

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Last Day for Performance Other Than a Business Day. In the event that the last day for performance of an act or the exercise of a right hereunder falls on a day other than a Business Day, then the last day for such performance or exercise shall be the first First Business Day immediately following the otherwise last day for such performance or such exercise.

Appears in 1 contract

Samples: Warrant Agreement (Swing N Slide Corp)

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