Tolling of Time Sample Clauses

Tolling of Time. The running of any period of time during which, under this Agreement, any right may be exercised or any obligation must be performed shall be tolled for as long as the order of any court shall prohibit the exercise of any such right or the performance of any such obligation.
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Tolling of Time. Periods Notwithstanding anything to the contrary in this Term Sheet, if the failure to meet any time period applicable to MH or SpinCo in this Term Sheet prior to the MH SpinCo Distribution is due to matters beyond MH’s or SpinCo’s, as applicable, reasonable control (including any delay caused by CME Group or any other person MH or SpinCo, as applicable, does not control), then such time period shall be deemed tolled during such delay. References to Parent Upon consummation of MH SpinCo Distribution all references to MH in the Transaction Documents shall be deemed to be references to SpinCo.
Sample 1
Tolling of Time. The time for any closing of a purchase of an Interest pursuant to Sections 16, 17, 18 and this Section 19 will be appropriately tolled (a) during the pendency of any periods required or necessary to comply with applicable laws, including, without limitation, the waiting periods required by the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, and (b) during the pendency of any litigation which in the opinion of the purchasing Partner’s counsel prevents such Partner from exercising its rights under this Agreement.
Sample 1

Related to Tolling of Time

  • Tolling In the event of any violation of the provisions of this Section 8, Executive acknowledges and agrees that the post-termination restrictions contained in this Section 8 shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

  • Amending of Time Limits The time limits fixed in both the grievance and arbitration procedure may be extended by consent of the parties.

  • Extension of Time Any period with in which a Party shall, pursuant to this Contract, complete any action or task, shall be extended for a period equal to the time during which such Party was unable to perform such action as a result of Force Majeure.

  • Time 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 or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which banks in New York, New York are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.

  • Flex Time Upon agreement of the supervisor's immediate supervisor, an individual flex-time schedule may be established.

  • Central Time After all Parties have been notified, the provisions of paragraphs (b) and (c) of this Section 2.1 shall apply.”

  • Calculation of Time For the purposes of this Agreement, “days” refers to calendar days unless otherwise specified.

  • Tolling Period If it becomes necessary or desirable for the Corporation to seek compliance with the provisions of Section 14.2 by legal proceedings, the period during which Grantee shall comply with said provisions will extend for a period of twelve (12) months from the date the Corporation institutes legal proceedings for injunctive or other relief.

  • Devotion of Time The Directors shall not be obligated and shall not be expected to devote all of their time or business efforts to the affairs of the Company (except, to the extent appropriate, in their capacity as employees of the Company).

  • Extension of Time Periods The parties may extend any period of time provided in this Article 7 by mutual agreement.

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