Common use of Time of the Essence; Calculation of Time Periods Clause in Contracts

Time of the Essence; Calculation of Time Periods. The parties agree that time shall be of the essence in the performance of the Company’s obligations hereunder. Except as otherwise indicated, all periods of time referred to herein shall include all Saturdays, Sundays and holidays; provided, however, that if the date to perform the act or give any notice with respect to this Agreement shall fall on a day other than a Business Day, such act or notice may be timely performed or given if performed or given on the next succeeding Business Day. [Signature Pages Follow] [Signature Page]

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bay Bancorp, Inc.), Registration Rights Agreement (Bay Bancorp, Inc.)

AutoNDA by SimpleDocs

Time of the Essence; Calculation of Time Periods. The parties agree that time shall be of the essence in the performance of the Company’s obligations hereunder. Except as otherwise indicated, all periods of time referred to herein shall include all Saturdays, Sundays and holidays; provided, however, that if the date to perform the act or give any notice with respect to this Agreement shall fall on a day other than a Business Day, such act or notice may be timely performed or given if performed or given on the next succeeding Business Day. [Signature Pages Follow] [Signature Page].

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bay Bancorp, Inc.), Series B Preferred Stock Purchase Agreement (Frederick's of Hollywood Group Inc /Ny/)

AutoNDA by SimpleDocs

Time of the Essence; Calculation of Time Periods. The parties agree that time shall be of the essence in the performance of the Company’s obligations hereunder. Except as otherwise indicated, all periods of time referred to herein shall include all Saturdays, Sundays and holidays; provided, however, that if the date to perform the act or give any notice with respect to this Agreement shall fall on a day other than a Business Day, such act or notice may be timely performed or given if performed or given on the next succeeding Business Day. [Signature Pages Follow] [Signature Pagepage follows.]

Appears in 1 contract

Samples: Registration Rights Agreement (Carrollton Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!