Common use of Releases on Non-Business Days Clause in Contracts

Releases on Non-Business Days. In the event that a release of Escrow Funds hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (First Financial Bancorp /Oh/), Agreement and Plan of Merger (Mgi Pharma Inc), Settlement Agreement (TNS Inc)

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Releases on Non-Business Days. In the event that a release of a portion of the Escrow Funds Fund hereunder is required to be made on a date that is not a business dayBusiness Day, such release may be made on the next succeeding business day Business Day with the same force and effect as if made when required.

Appears in 3 contracts

Samples: Escrow Agreement (24/7 Real Media Inc), Escrow Agreement (24/7 Real Media Inc), Escrow Agreement (24/7 Real Media Inc)

Releases on Non-Business Days. In the event that a release of from the Escrow Funds Account hereunder is required to be made on a date that is not a business dayBusiness Day, such release may be made on the next succeeding business day Business Day with the same force and effect as if made when required.

Appears in 2 contracts

Samples: Escrow Agreement (MRS Fields Famous Brands LLC), Escrow Agreement (MRS Fields Famous Brands LLC)

Releases on Non-Business Days. In the event that a release of ----------------------------- Escrow Funds Deposit hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow Agreement (Stein Avy H)

Releases on Non-Business Days. In the event that a release of Escrow Funds a portion of the Escrowed Shares hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow Agreement (Genius Products Inc)

Releases on Non-Business Days. In the event that a release of Escrow Claims Purchase Funds hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Claims Purchase Agreement

Releases on Non-Business Days. In the event that a release of Escrow Funds or delivery of a notice hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made and such notice may be delivered when required.

Appears in 1 contract

Samples: Escrow Agreement (Seabright Insurance Holdings Inc)

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Releases on Non-Business Days. In the event that a release of from the Escrow Funds Account hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow Agreement (Aether Holdings Inc)

Releases on Non-Business Days. In the event that a release of Escrow Funds any Stock Powers or Contributions Shares hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow and Contribution Agreement (Alldigital Holdings, Inc.)

Releases on Non-Business Days. In the event that a release of Escrow Funds a portion of the Escrowed Shares or Escrowed Cash hereunder is required to be made on a date that is not a business day, such release may be made on the next succeeding business day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow Agreement (Integrated Healthcare Holdings Inc)

Releases on Non-Business Days. In the event that a release of Escrow Funds Amount hereunder is required to be made on a date that is not a business dayBusiness Day, such release may be made on the next succeeding business day Business Day with the same force and effect as if made when required.

Appears in 1 contract

Samples: Escrow Agreement (Mapi - Pharma LTD)

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