Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge of any duty under this Agreement shall fall upon a Saturday, Sunday or any date on which banks in Georgia are closed, the Party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.
Appears in 5 contracts
Sources: Stock Purchase Agreement, Asset Purchase Agreement (Superior Uniform Group Inc), Merger Agreement (Wright Medical Group Inc)
Time of the Essence; Computation of Time. Time is of the essence for of each and every provision of this Agreement. Whenever the last day for the exercise of any privilege right or the discharge of any duty under this Agreement shall fall upon a Saturday, Sunday or any date on which banks in Georgia are closeda public or legal holiday, the Party party having such privilege right or duty may exercise such privilege or discharge such duty shall have until 5:00 p.m. Atlanta, Georgia time on the next succeeding day which is a regular business dayday to exercise such right or to discharge such duty.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Preferred Networks Inc), Merger Agreement (American Filtrona Corp)