Common use of Time Calculations Clause in Contracts

Time Calculations. Should the calculation of any of the various time periods provided for herein result in an obligation becoming due on a Saturday, Sunday or legal holiday, then the due date of such obligation or scheduled time of occurrence of such event shall be delayed until the next business day.

Appears in 7 contracts

Sources: Agreement to Sell and Purchase (Calavo Growers Inc), Agreement to Sell and Purchase (Calavo Growers Inc), Agreement to Sell and Purchase (Cornerstone Core Properties REIT, Inc.)

Time Calculations. Should the calculation of any of the various time ----------------- periods provided for herein result in an obligation becoming due on a Saturday, Sunday or legal holiday, then the due date of such obligation or scheduled time of occurrence of such event shall be delayed until the next business day.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Four Media Co)