Common use of Time is of the Essence; Computation of Time Clause in Contracts

Time is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon a day other than a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Day.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co)

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Time is of the Essence; Computation of Time. Time is of the essence for each with respect to every covenant, condition to be satisfied, and action to be taken hereunder, and the parties shall proceed accordingly with respect to every provision of action necessary, proper or advisable to make effective the transactions contemplated by this AgreementContract. Whenever the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon any day which is not a day other than a Business Daybusiness day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Daybusiness day.

Appears in 3 contracts

Samples: Contract of Employment With Superintendent, Contract of Employment With Superintendent, tb2cdn.schoolwebmasters.com

Time is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon a day other than which is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Day.

Appears in 2 contracts

Samples: Director Nomination Agreement (GIC Private LTD), Registration Rights Agreement (GIC Private LTD)

Time is of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever If the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon under this Agreement falls on a day other than that is not a Business Day, then the party having such privilege or duty may exercise such privilege or discharge such duty will have until 5:00 p.m. (its local time) on the next succeeding day which is a Business DayDay to exercise its privilege or to discharge its duty.

Appears in 2 contracts

Samples: Repair and Upgrade Agreement (Plastic2Oil, Inc.), Technology License and Referral Agreement (Plastic2Oil, Inc.)

Time is of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever If the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon under this Agreement falls on a day other than that is not a Business Day, then the party Person having such privilege or duty may exercise such privilege or discharge such duty will have until 5:00 p.m. (its local time) on the next succeeding day which is a Business DayDay to exercise its privilege or to discharge its duty.

Appears in 2 contracts

Samples: Joint Venture Agreement (Monaco Coach Corp /De/), Limited Partnership Agreement (U-Store-It Trust)

Time is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of or any duty hereunder shall fall upon a day other than that is not a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Day.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Myers Industries Inc)

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Time is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of or any duty hereunder shall fall upon a day other than a Business Day, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Day.

Appears in 1 contract

Samples: Limited Liability Company (General Motors Co)

Time is of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever If the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon under this Agreement falls on a day other than that is not a Business Day, then the party Party having such privilege or duty may exercise such privilege or discharge such duty will have until 5:00 p.m. (its local time) on the next succeeding day which is a Business DayDay to exercise its privilege or to discharge its duty.

Appears in 1 contract

Samples: Agreement

Time is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon a day other than which is not a Business Day, the party Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a Business Day.

Appears in 1 contract

Samples: Director Nomination Agreement (Intrepid Capital Management Inc)

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