TIME IS OF THE ESSENCE OF THIS AGREEMENT. In computing the number of days for purposes of this Agreement, all days shall be counted, including Saturdays, Sundays and holidays; provided, however, that if the final day of any time period provided in this Agreement shall end on a Saturday, Sunday or legal holiday, then the final day shall extend to 5:00 p.m. Eastern time of the next full business day. For the purposes of this Section, the term “holiday” shall mean a day other than a Saturday or Sunday on which banks are closed in the state in which the Real Property is located.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. 6.08 The captions in this Agreement are inserted for convenience of reference only and do not define, describe, or limit the scope or intent of this Agreement or any of its terms.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. All parties agree to execute, make and deliver all necessary documents and funds to close this transaction. Closing means the execution and delivery of the promissory notes, deed of trust, other required documents, payment of required cash by Buyer and Seller or as provided herein.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. In computing the number of days for purposes of this Agreement, all days shall be counted, including Saturdays, Sundays and holidays (unless “business days” is specified, in which case
TIME IS OF THE ESSENCE OF THIS AGREEMENT. In computing the number of days for purposes of this Agreement, all days shall be counted, including Saturdays, Sundays and holidays (unless "business days" is specified, in which case Saturdays, Sundays and holidays shall not be counted); provided, however, that if the final day of any time period provided in this Agreement shall end on a Saturday, Sunday or legal holiday, then the final day shall extend to 5:00 p.m. of the next full business day. For the purposes of this Section, the term "HOLIDAY" shall mean a day other than a Saturday or Sunday on which national banks in the State in which the Property is located are or may elect to be closed.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. (i) In the event Seller does not receive executed copies of this Agreement on or before July 16, 1997, this Agreement shall automatically become null and void and Seller shall have no obligations hereunder.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. 3.3 Punch List Time
TIME IS OF THE ESSENCE OF THIS AGREEMENT. 9. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will be deemed to be one and the same instrument.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. As used in this Agreement, a “business day” shall mean any day which is not a Saturday, Sunday or day in which national banking institutions are closed for business. If any time period or period for performance shall expire on a day which is not a business day, then such period shall automatically be extended until the next business day.
TIME IS OF THE ESSENCE OF THIS AGREEMENT. If the conditions described in Section 6 above are satisfied or waived by Buyer and Buyer fails or refuses to close this transaction, through no fault of Seller, Seller will be entitled to retain or collect all Xxxxxxx Money paid or agreed to be paid, as liquidated damages, and this Agreement will be of no further effect, it being the intention of the parties that Buyer may forfeit the Xxxxxxx Money and be free of any further obligations under this Agreement. If Seller fails to deliver the Deed described in Section 7 on the Closing Date or otherwise fails or refuses to close this transaction, through no fault of Buyer, all Xxxxxxx Money will be refunded to Buyer. The parties intend that acceptance by Buyer of the refund will not constitute a waiver of other remedies available to Buyer and that Buyer will retain all available remedies for breach of contract, including but not limited to the right of specific performance. In the event that this Agreement is terminated as permitted under this Agreement, any and all rights or obligations of Seller and Buyer shall terminate and be of no further force or effect, except as otherwise set forth in this Agreement. Buyer retains all rights at law and equity, including but not limited the right to compel specific performance.
