Response Period. In computing any period of time prescribed in this article, day refers to a regular work day. The day on which the designated period of time is set is not to be included. The last day of the period is to be included. The designated period shall not include days on which the grievant or respondent is on any approved leave with the exception of paid/unpaid suspensions.
Response Period. There shall be a 15-workday response period for all notices of proposed adverse action issued under the terms of this Article.
Response Period. 10.4(a) Retained Employees ..........................................................................2.2(g) Sellers ...........................................................................................
Response Period. The term "
Response Period. In the event that Buyer shall give a ---------------
Section 6.a Notice to Seller, then Seller shall within five (5) business days after receipt thereof (the "Response Period"), give a responsive notice to Buyer (the "Response Notice") wherein Seller shall either (i) agree to remove or satisfy, as the case may be, the Disapproved Title Exception or Seller's Title Requirement, or (ii) object to removing, satisfying the Disapproved Title Exception or Seller's Title Requirement, on or before the Closing Date; provided, however, that Seller hereby agrees that it shall agree to remove, and shall not object to, any Disapproved Title Exception which is (x) a mechanic's or materialman's lien for work performed on the Property; (y) a mortgage or related security documents or similar encumbrance given to secure indebtedness for money borrowed ("Mortgage Exceptions"); or (z) any other Disapproved Title Exception, which can be removed by Seller at a cost to Seller of not more than $200,000 (all of the foregoing Disapproved Title Exceptions in (x) through (z) hereinafter collectively referred to as "Forced Removal Title Exceptions;" provided, however, that in no event shall the Forced Removal Title Exceptions include any of the exceptions which are contained in the Owner's Policy of Title Insurance issued to Seller by the Title Company as Policy No. 000-00-000000 dated April 29, 1997, other than Mortgage Exceptions (the "Pre-approved Exceptions")).
Response Period. 28 Sale..........................................................................17 SEC............................................................................5
Response Period. 35 Ryerson....................................................... 2 SDI........................................................... 2
Response Period. If Purchaser does not terminate this Agreement by written notice to Seller within such five (5) day period, then Purchaser shall be deemed to have elected to proceed with Closing, Purchaser shall not have any right to terminate this Agreement on account of such New Encumbrance, and such New Encumbrance shall be a Permitted Exception. If Seller fails to Cure all Seller-Created Encumbrances prior to or at Closing, then Purchaser shall have the remedies, if any, set forth in Article 9 as a result of such failure. If Purchaser terminates this Agreement pursuant to this Section 4.1.3, the Xxxxxxx Money Deposit shall be returned to Purchaser, this Agreement shall terminate and neither party shall have any obligation to the other party hereunder except for obligations that expressly survive termination of this Agreement.
Response Period. Non-Selling Member shall have thirty (30) days after delivery of the Sale Notice (the “Response Period”) to give written notice to the Selling Party electing either to (i) accept Selling Party’s offer of the Offer Price (an “Acceptance Notice”), (ii) reject Selling Party’s offer of the Offer Price (a “Rejection Notice”), or (iii) require that the Membership Interest of the Non-Selling Member be sold to the prospective buyer on a Pro Rata Basis with the sale of the Selling Party’s Membership Interest on substantially the same terms and conditions that the Selling Party will sell to such buyer (a “Tag Along Notice”). If Non-Selling Member fails to deliver either an Acceptance Notice (together with the deposit required by Section 7.10(d)), a Rejection Notice or a Tag Along Notice within the Response Period, then Non-Selling Member shall be deemed to have delivered a Rejection Notice to Selling Party.
Response Period. Notwithstanding anything to the contrary contained herein, Buyer shall not be entitled to reimbursement of any amounts expended pursuant to the terms hereof unless the Claim Notice contains a legend in capital letters and bold type on the first page thereof which states "PURSUANT TO THE PROVISIONS OF ARTICLE IV OF THE PURCHASE AGREEMENT, IN THE EVENT THAT YOU DO NOT RESPOND TO THIS NOTICE WITHIN THIRTY (30) DAYS, YOU MAY BE LIABLE FOR ANY AMOUNTS EXPENDED BY THE UNDERSIGNED IN CONNECTION WITH THE ENVIRONMENTAL CLAIM DESCRIBED HEREIN." The thirty (30) day period referenced in such legend shall be adjusted to reflect the actual number of days within which Seller must respond, which number of days shall be determined in accordance with this subparagraph (c)(ii).
