Variation of time limits Sample Clauses

Variation of time limits. 3.7.1 Where SchemeCo determines that it is in the interests of Scheme Creditors or the efficient operation of the Scheme, SchemeCo may, by publishing a notice on the Website, or giving individual notice to the relevant party, extend any of the time limits in this Part 3 except for the Claims Deadline. Any exercise by XxxxxxXx of the power in this Clause 3.7.1 shall be accompanied by a certification from the Scheme Supervisors that they consider any such extension to be in the interests of Scheme Creditors or the efficient operation of the Scheme (as applicable). 3.7.2 Other than the Claims Deadline, where SchemeCo or the Scheme Adjudicator is satisfied that a Scheme Creditor has failed to comply with any time limit in this Part 3, because of exceptional circumstances outside the Scheme Creditor's control, SchemeCo or the Scheme Adjudicator (as applicable) may, in their absolute discretion, extend that time limit in this Part 3 for that Scheme Creditor, without notice.
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Related to Variation of time limits

  • Extension of Time Limits The time limits referred to in this Article may be extended by mutual agreement of the parties in writing.

  • 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).

  • Calculation of Time Period When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day.

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

  • Calculation of Time Periods 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.

  • Time Limits Each party involved in a grievance shall act quickly so that the grievance may be resolved promptly. Every effort should be made to complete action within the time limits contained in the grievance procedure. However, with the mutual consent of the parties, the time limitation for any step may be extended.

  • Computation of Time In computing any period of time prescribed or allowed by procedures herein, the date of the act, event, or default for which the designated period of time begins to run shall not be included. The last day of the period so computed shall be counted, unless it is a Saturday, a Sunday, or a legal holiday, in which event the period runs until the end of the next day which is not a Saturday, a Sunday, or a legal holiday.

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

  • Computation of Time Periods In this Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”.

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

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