Computation of Period of Days, Deadline Clause Samples

The 'Computation of Period of Days, Deadline' clause defines how time periods and deadlines are calculated within a contract. It typically specifies whether days are counted as calendar or business days, how to handle deadlines that fall on weekends or holidays, and when a period begins or ends. For example, if a response is due within 10 days, the clause clarifies whether the count starts on the day after the triggering event and what happens if the last day is a non-business day. This clause ensures consistency and prevents disputes by providing clear rules for calculating timeframes and meeting contractual deadlines.
Computation of Period of Days, Deadline. In computing a period of days, when the ending date is not 54 specified, the first day is excluded and the last day is included, e.g., three days after MEC. If any deadline falls on a Saturday, 55 Sunday or federal or Colorado state holiday (Holiday), such deadline Will Will Not be extended to the next day that is not 56 a Saturday, Sunday or Holiday. Should neither box be checked, the deadline will not be extended.
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Computation of Period of Days, Deadline. In computing a period of days, when the 
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Computation of Period of Days, Deadline. In computing a period of days (e.g., three days after MEC), when the 690 ending date is not specified, the first day is excluded and the last day is included. If any deadline falls on a Saturday, Sunday or 691 federal or Colorado state holiday (Holiday), such deadline Will Will Not be extended to the next day that is not a 692 Saturday, Sunday or Holiday. Should neither box be checked, the deadline will not be extended. 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716
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Related to Computation of Period of Days, Deadline

  • Computation of Periods If the date to perform any act or give any notice specified in the Contract Documents (including the last date for performance or provision of notice “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding day which is a Business Day. Notwithstanding the foregoing, requirements contained in the Contract Documents relating to actions to be taken in the event of an emergency and other requirements for which it is clear that performance is intended to occur on a non-Business Day, shall be required to be performed as specified, even though the date in question may fall on a non-Business Day.

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate or to the extent such Loan bears interest based upon the Base Rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.

  • Number of Days In computing the number of days for purposes of this Agreement, all days shall be counted, including Saturdays, Sundays and holidays; provided, however, that if the final day of any time period falls on a Saturday, Sunday or holiday on which federal banks are or may elect to be closed, then the final day shall be deemed to be the next day which is not a Saturday, Sunday or such holiday.