Example ContractsClausesTime of the Essence
Time of the Essence
Time of the Essence contract clause examples

Time of the Essence. Time is of the essence of this Note. Whenever notice must be given, payment made, document delivered, or an act done under this Note on a day that is not a Business Day, the notice may be given, payment made, document delivered, or act done on the next following day that is a Business Day. “Business Day” means a day other than a Saturday, Sunday, or a day observed as a legal holiday by the United States government or the State of Arizona.

. Time is of the essence with regard to the obligations of Borrowers and Guarantor under this Agreement and each other Loan Document.

Time of the Essence. Time is of the essence of this Note. Whenever notice must be given, payment made, document delivered, or an act done under this Note on a day that is not a Business Day, the notice may be given, payment made, document delivered, or act done on the next following day that is a Business Day. “Business Day” means a day other than a Saturday, Sunday, or a day observed as a legal holiday by the United States government or the State of Arizona.

Time of the Essence. Time is of the essence to all Loan Documents.

Time of the Essence. Time is of the essence of the Loan Documents.

Time of the Essence. The parties agree that time is of the essence and that the failure of a party hereto to perform any act on or before the date specified herein for performance thereof shall be deemed cause for the termination hereof by the other party, without prejudice to other remedies available for default hereunder.

Time of the Essence. Time is of the essence of the Loan Documents.

Time is of the essence of the Loan Documents.

Time of the Essence. Time is of the essence of this Agreement. In the computation of any period of time provided for in this Agreement or by law, any date for performance falling on a Saturday, Sunday or holiday when banks are not open for business in [[Address A:Address]] shall be deemed to refer to the next “Business Day” (being the next day which is not a Saturday, Sunday, or such holiday).

Time of the Essence. The parties agree that time is of the essence and that the failure of a party hereto to perform any act on or before the date specified herein for performance thereof shall be deemed cause for the termination hereof by the other party, without prejudice to other remedies available for default hereunder.

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