Common use of Saturdays, Sundays, Legal Holidays Clause in Contracts

Saturdays, Sundays, Legal Holidays. If the time period by which any right, option, or election provided under this Agreement must be exercised or by which any acts or payments required hereunder must be performed or paid, or by which the Closing must be held, expires on a Saturday, Sunday, legal or bank holiday, then such time period shall be automatically extended to the next regularly scheduled business day.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Interstate Hotels & Resorts Inc), Agreement of Sale and Purchase (Interstate Hotels & Resorts Inc)

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Saturdays, Sundays, Legal Holidays. If the time period by which any right, option, or election provided under this Agreement must be exercised or by which any acts or payments required hereunder must be performed or paid, or by which the Closing must be held, expires on a Saturday, Sunday, or legal or bank holiday, then such time period shall be automatically extended to the next regularly scheduled business dayBusiness Day.

Appears in 1 contract

Samples: Contract of Sale (Ashford Hospitality Trust Inc)

Saturdays, Sundays, Legal Holidays. If the time period by which any right, option, or election provided under this Agreement must be exercised or by which any acts or payments required hereunder must be performed or paid, or by which any notice must be given, or by which the Closing must be held, expires on a Saturday, Sunday, legal or bank holiday, then such time period shall be automatically extended to the next regularly scheduled business day.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Interstate Hotels & Resorts Inc)

Saturdays, Sundays, Legal Holidays. If the time period by which any right, option, or election provided under this Agreement must be exercised or by which any acts or payments required hereunder must be performed or paid, or by which the Closing must be held, expires on a Saturday, Sunday, legal or bank holiday, then such time period shall be automatically extended to the close of business on the next regularly scheduled business day.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Price Reit Inc)

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Saturdays, Sundays, Legal Holidays. If the time period by which any right, option, option or election provided under this Agreement must be exercised or by which any acts or payments required hereunder must be performed or paid, or by which the Closing must be held, expires on a Saturday, Sunday, legal or bank holiday, then such time period shall be automatically extended to the close of business on the next regularly scheduled business day.

Appears in 1 contract

Samples: Asset Purchase Agreement (Adcare Health Systems, Inc)

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