Common use of When received Clause in Contracts

When received. A notice or communication mailed as set out above is regarded as received on the third business day after it was mailed, whether the person actually receives it or not. • A notice or communication left or advertised as set out above is regarded as received when it's so left or published. • A notice or communication sent by electronic form (including fax) on a business day and before 3 p.m. in the place from which it's sent is regarded as received on that day. After 3 p.m., it's regarded as received on the next business day after it was sent. A business day is any day other than a Saturday, Sunday or public holiday in the jurisdiction in which the property is located.

Appears in 2 contracts

Samples: Mortgage Nova Scotia, www.bmo.com

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When received. A notice or communication mailed as set out above is regarded as received on the third business day after it was mailed, whether the person actually receives it or not. A notice or communication left or advertised as set out above is regarded as received when it's so left or published. A notice or communication sent by electronic form (including fax) on a business day and before 3 p.m. in the place from which it's sent is regarded as received on that day. After 3 p.m., it's regarded as received on the next business day after it was sent. A business day is any day other than a Saturday, Sunday or public holiday in the jurisdiction in which the property is located.

Appears in 2 contracts

Samples: Newfoundland and Labrador, www.bmo.com

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