Generally, a "time is of the essence" clause will not be recognized by the courts because these types of clauses are seen as a violation of public policy.

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A "time is of the essence" clause is generally recognized and enforced by courts, as it specifies that timely performance is an essential element of the contract, and failure to perform by the specified time can be considered a breach of contract. This clause does not violate public policy but rather ensures that parties to a contract understand the importance of deadlines within their agreement.

Generally, a "Time Is of the Essence" Clause Will Not