Русско-англо-русский юридический словарь

In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the Uniform Commercial Code [UCC]), any time which is not manifestly unreasonable under the circumstances. For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit. The term "reasonable time" has other (related) applications: UCC 2-206(2) requires that acceptance of an offer be made within a "reasonable time" if no time is specified. (West's Encyclopedia of American Law, edition 2)

The next national ballot is not scheduled until 2017, but Netanyahu announced that he wanted to dissolve parliament "as soon as possible" and hold an early election. (Reuters)

A claimant may wish to commence enforcement proceedings where the defendant has failed to pay a judgment entered against him. Enforcement proceedings can be started as soon as judgment is obtained, although usually a claimant will wish to wait 14 days to allow the defendant time to pay in full. (stephensons.co.uk)

Reasonable Time. In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the Uniform Commercial Code [UCC]), any time which is not manifestly unreasonable under the circumstances. For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit. The term "reasonable time" has other (related) applications: UCC 2-206(2) requires that acceptance of an offer be made within a "reasonable time" if no time is specified. (West's Encyclopedia of American Law, edition 2)