Common use of Security Limitations Clause in Contracts

Security Limitations. (i) With respect to all time periods set forth in Section 11.01(e), (x) to the extent any date for a required action falls on a day that is not a business or working day in the relevant jurisdiction, the required date shall instead be the next business or working day in such jurisdiction and (y) if any government office required for an action is closed on one or more days on which it would normally be open, the applicable time periods set forth in Section 11.01(e) shall not commence until the business or working day following the latest date such government office was closed on a day on which it would normally be open.

Security Limitations. (i) With respect to all time periods set forth in Section 11.01(e)) or (f) , (x) to the extent any date for a required action falls on a day that is not a business or working day in the relevant jurisdiction, the required date shall instead be the next business or working day in such jurisdiction and (y) if any government office required for an action is closed on one or more days on which it would normally be open, the applicable time periods set forth in Section 11.01(e) or (f) shall not commence until the business or working day following the latest date such government office was closed on a day on which it would normally be open.. 138