Common use of Performance Due On Day Other Than Business Day Clause in Contracts

Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday or any other day on which banking institutions in the State of California are authorized or obligated by law or executive order to close (a "Holiday"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday or Holiday.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Mills Corp), Agreement of Sale and Purchase (Diagnostic Products Corp), Purchase and Sale Agreement and Escrow Instructions (Footstar Inc)

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Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday or any other day on which banking institutions in the State of California are authorized or obligated by law or executive order to close (a "Holiday"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday or Holiday.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale, Agreement of Purchase and Sale (Accelrys, Inc.)

Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday or any other day on which banking institutions in the State of California are authorized or obligated by law or executive order to close (a "HolidayHOLIDAY"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday or Holiday.

Appears in 1 contract

Samples: Contribution Agreement (Inhale Therapeutic Systems Inc)

Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday Sunday, or any other day on which banking institutions in the State of California or in the State of New York are authorized or obligated by law or executive order to close (a "HolidayHOLIDAY"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday Sunday, or Holiday.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arden Realty Inc)

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Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday or any other day on which banking institutions in the State of New York or California are authorized or obligated by law or executive order to close (a "Holiday"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday or Holiday.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Dolby Laboratories, Inc.)

Performance Due On Day Other Than Business Day. If the time period for the performance of any act called for under this Agreement expires on a Saturday, Sunday Sunday, or any other day on which banking institutions in the State of California are authorized or obligated by law or executive order to close (a "Holiday"), the act in question may be performed on the next succeeding day that is not a Saturday, Sunday Sunday, or Holiday.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Shearson Union Square Associates LTD Partnership)

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