Common use of Payment Extension Clause in Contracts

Payment Extension. If the Closing Date or any other date hereunder for the payment of monies or the doing of any act shall fall on a Saturday, Sunday or statutory holiday, then such date(s) shall be extended to the next following business day (exclusive of Saturday).

Appears in 2 contracts

Sources: Agreement for Sale of Land, Agreement for Sale of Land

Payment Extension. If the Closing Date or any other date hereunder for the payment of monies or the doing of any act shall fall on a Saturday, Sunday or statutory holiday, then the such date(s) shall be extended to the next following business day (exclusive of Saturday).

Appears in 1 contract

Sources: Offer to Purchase