Time of the Essence; Computation of Time. Time is of the essence of each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m. on the next succeeding regular business day to exercise such right or to discharge such duty.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Netzee Inc), Asset Purchase Agreement (Netzee Inc)
Time of the Essence; Computation of Time. Time is of the essence of each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party party having such right or duty shall have until 5:00 p.m. Eastern time on the next succeeding regular business day to exercise such right or to discharge such duty.
Appears in 2 contracts
Samples: Merger Agreement (Riscorp Inc), Stock Purchase Agreement (Riscorp Inc)
Time of the Essence; Computation of Time. Time is of the essence of each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m. p.m., Louisville, Kentucky time on the next succeeding regular business day to exercise such right or to discharge such duty.
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Time of the Essence; Computation of Time. Time is of the essence of each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 p.m. on the next succeeding regular business day to exercise such right or to discharge such duty. [Signatures begin on the following page.]
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Time of the Essence; Computation of Time. Time is of the essence of each and every provision of this Agreement. Whenever the last day for the exercise of any right or the discharge of any duty under this Agreement shall fall upon Saturday, Sunday or a federal, public or legal holiday, the Party having such right or duty shall have until 5:00 6:00 p.m. New York time on the next succeeding regular business day to exercise such right or to discharge such duty.
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