Common use of CALCULATION OF DEADLINES AND CONDITION PRECEDENT Clause in Contracts

CALCULATION OF DEADLINES AND CONDITION PRECEDENT. 1. If any deadline identified in this Settlement Agreement falls on a weekend or statutory holiday in Ontario or Quebec, the deadline shall occur on the following weekday that is not a statutory holiday in Ontario or Quebec. 2. Subject to section 8.1 below, this Settlement Agreement shall be null and void and of no force or effect unless the Ontario Court approves this Settlement Agreement, the Quebec Court recognises the Final Order of the Ontario Court approving this Settlement Agreement and discontinues the Quebec Proceeding, and the orders so made have become Final Orders and the Effective Date has occurred.