Common use of Close of Business Clause in Contracts

Close of Business. The term "Close of Business" on any given date shall mean 5:00 P.M., New York City time, on such date; PROVIDED, HOWEVER, that if such date is not a Business Day it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day.

Appears in 2 contracts

Samples: Rights Agreement (Warwick Community Bancorp Inc), Rights Agreement (First Sentinel Bancorp Inc)

AutoNDA by SimpleDocs

Close of Business. The term "Close of Business" on any given date shall mean 5:00 P.M., New York City time, on such date; PROVIDEDprovided, HOWEVERhowever, that if such date is not a Business Day it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day.

Appears in 2 contracts

Samples: Rights Agreement (Dime Community Bancorp Inc), Rights Agreement (Dime Community Bancorp Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.