Examples of Eastern Prevailing Time in a sentence
If any period of time is to expire hereunder on any day that is not a Business Day, the period shall be deemed to expire at 11:59 p.m., Eastern Prevailing Time, on the next succeeding Business Day.
For purposes of allocating expenses, Taxes and the other financial effects of the transactions contemplated hereby, the Closing shall be deemed to have occurred as of 11:59 p.m. Eastern Prevailing Time on the Closing Date (such time on such date, the “Effective Time”).
For all other purposes, including the passage of title and risk of loss, the Closing shall be deemed to have occurred at 12:01 a.m. Eastern Prevailing Time on the Closing Date.
In this Agreement, a period of days shall be deemed to begin on the first day after the event which began the period and to end at 11:59 p.m., Eastern Prevailing Time, on the last day of the period.