Common use of Performance Due on Non-Business Day Clause in Contracts

Performance Due on Non-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 in which banking institutions in the State of Maryland 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 (KBS Legacy Partners Apartment REIT, Inc.), Agreement for Purchase and Sale (KBS Legacy Partners Apartment REIT, Inc.)

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Performance Due on Non-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 in which banking institutions in the State of Maryland 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 a Holiday.

Appears in 1 contract

Samples: Option Agreement (Amwest Insurance Group Inc)

Performance Due on Non-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 in which banking institutions in the State of Maryland Missouri 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 for Purchase and Sale (KBS Legacy Partners Apartment REIT, Inc.)

Performance Due on Non-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 in which banking institutions in the State of Maryland 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.. 7.11

Appears in 1 contract

Samples: Agreement for Purchase and Sale

Performance Due on Non-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 in which banking institutions in the State of Maryland Missouri are authorized or obligated by law or executive order to close (a "Holiday"), the act in question may be performed on the next 29 succeeding day that is not a Saturday, Sunday or Holiday.. 7.11

Appears in 1 contract

Samples: Agreement for Purchase and Sale

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Performance Due on Non-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 in which banking institutions in the State of Maryland Texas 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 for Purchase and Sale (KBS Legacy Partners Apartment REIT, Inc.)

Performance Due on Non-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 in which banking institutions in the State of Maryland Colorado 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 for Purchase And (Steadfast Apartment REIT III, Inc.)

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