Time Calculations Clause Samples
The Time Calculations clause defines how periods of time are measured and interpreted within the 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 time period begins or ends. For example, if a notice period is set at 10 days, the clause clarifies whether the count starts on the day the notice is given or the following day, and what happens if the last day falls on a non-working day. This clause ensures consistency and prevents disputes by providing clear rules for calculating timeframes, thereby reducing ambiguity in the performance of contractual obligations.
Time Calculations. Calculation of time limitations for compliance with the terms of this Agreement run from the Effective Date and shall be based on calendar days, unless otherwise noted.
Time Calculations. Should the calculation of any of the various time periods provided for herein result in an obligation becoming due on a Saturday, Sunday or legal holiday, then the due date of such obligation or scheduled time of occurrence of such event shall be delayed until the next business day.
Time Calculations. Time is of the essence. The term “day” as used herein shall mean calendar day, unless specifically defined as a “business day.”
Time Calculations. Unless otherwise provided in the Service Application, any usage-sensitive charges under the Agreement begin when the connection is established and end when one or both parties hangs up. Time between the beginning of the connection and the end of the call is the call duration. There shall be no charge for unanswered calls. When a percentage discount is applied, the resulting discount will be rounded down to the nearest cent. All long-distance telephone calls will be timed in one (1) minute increments, and the time of the call will be rounded up to the nearest one (1) minute increment. Where charges for Service vary due to time of day, time periods are determined by the local time of the location where You make the call. When a call is established in one rate period and ends in another rate period, the rates are based on the portion of Your call that occurs within each rate period. REFER TO THE SERVICE DESCRIPTIONS AND RATES APPLICABLE TO YOUR SPECIFIC SERVICE FOR ANY PLAN SPECIFIC USAGE CHARGES AND OPTIONS.
Time Calculations. Unless otherwise provided in the Service Application, Any usage-sensitive charges under the Agreement begin when the connection is established and end when one or both parties hangs up. Long-distance telephone calls within the continental United States of America will be timed in six (6) second increments, and the time of the call will be rounded up to the nearest six (6)
Time Calculations. A. Calculation of time limitations for compliance with the terms of this Agreement run from the Effective Date and shall be calendar based, unless otherwise noted; and
B. The Regional Director, Regional Deputy Director, or assigned Assistant Director may extend any of the deadlines set forth in the provisions of this Agreement upon written request by the Bank that includes reasons in support for any such extension. Any OTS extension shall be made in writing.
Time Calculations. Unless otherwise indicated, all periods of time referred to in this Agreement shall refer to calendar days unless specifically stated otherwise and shall include all Saturdays, Sundays and state or national holidays; provided that if the date or last date to perform any act or give any notice with respect to this Agreement shall fall on a Saturday, Sunday or state or -12- national holiday, such act or notice may be timely performed or given on the next succeeding day which is not a Saturday, Sunday or state or national holiday.
Time Calculations. Modify sub-clause 5.
1.1.2 such that the entire clause 5.
Time Calculations. Should the calculation of any of the various time periods provided for herein result in an obligation becoming due on a Saturday, Sunday or legal holiday, then the due date of such obligation or scheduled time of occurrence of such event shall be delayed until the next business day, or in the case of a legal holiday, the second business day thereafter. For purposes of this Agreement, any day which is not a Saturday, Sunday or legal holiday in the State of California shall be a "business day."
Time Calculations. If the final day of any period within which a party must perform an obligation or within which an event must occur is a Saturday, Sunday or Legal Holiday, that period will be automatically extended to the next calendar day that is not a Saturday, Sunday or Legal Holiday. The term “Legal Holiday” means any holiday generally observed by financial institutions in Memphis, Tennessee. The term “days,” as used in this Agreement, will mean calendar days unless the parties specified “business days” in the applicable provision.