Base Time definition

Base Time means the total number of minutes in the Reporting Period, which is calculated by counting the number of days in the Reporting Period and multiplying that number by twenty-four hours, then multiplying the output of the original calculation by sixty minutes.
Base Time means the total number of minutes in the applicable calendar month.

Examples of Base Time in a sentence

  • Similarly, if any of the Bank’s shareholders exercises the right to demand purchase of shares or if otherwise the number of the Bank’s treasury shares as of March 31, 2022 changes before the Base Time, then the number of new shares to be issued by the Holding Company may change.

  • Base Time Unit is the existing time unit that the special unit will be based on.

  • The Milestone/Work Progress Schedule shall be based on the Base Time number of calendar days proposed by the Contractor on the Contractor’s Proposal Form.

  • Two Person Crew Report for Duty* Scheduled Limit Operational Limit Operate Followed By DH** Reserve Followed by Flight Duty Day 0500-1559 13:00 15:00 16:00 16:00 Night 1600-0059 11:30 13:30 16:00 15:30 Critical 0100-0459 9:30 11:30 16:00 13:30 *Domestic – Local Base Time; International – Acclimated Report Time (as defined by Part 117) ** A Crew Member shall not be required to deadhead by commercial air following flight Duty in the critical period except when deadheading to Base.

  • Allotment of Shares in New Company (1) The New Company will allocate Delivered Shares (Common Stock) that are delivered pursuant to item (1) of the preceding paragraph to Aomori’s and Michinoku’s Common Shareholders at the Base Time according to their individual ratio as indicated below (referred to individually and collectively as the “Share Transfer Ratio”).

  • Within a duty period, if a flight segment If a duty period is scheduled to touch 0100 through 0101 local time Home Base Time as calculated at either the departure or destination station such sequence is classified as a Red-Eye sequence.

  • STB shall cancel all of its treasury stock to be held by STB by the Base Time (including the treasury stock to be acquired by STB through a purchase of shares in response to the exercise of dissenters’ appraisal right requesting for the purchase of shares owned by the dissenting shareholders in connection with the Share Exchange) in accordance with laws and regulations.

  • Upon the Share Exchange between Minato and Kansai Mirai, Kansai Mirai shall allot to the shareholders of the shares of common stock of Minato, who are stated or recorded in Minato’s shareholder registry as of the Base Time, the shares of Kansai Mirai specified in Paragraph 2 at the ratio of 2.37 shares of common stock of Kansai Mirai per one (1) share of common stock of Minato held thereby.

  • Upon the Share Exchange, CMTH shall allot shares of CMTH Preferred Stock to STB Preferred Shareholder entered or recorded on STB’s register of shareholders at the Base Time (excluding CMTH), and such allotment shall be made at the ratio of one share of CMTH Preferred Stock for each share of STB Preferred Stock.

  • The Share Exchange between Kansai Urban and Kansai Mirai as well as the Share Exchange between Minato and Kansai Mirai shall become effective subject to the condition precedent that, as of the Base Time, all the requirements necessary for the other Parties’ share exchange to become effective (excluding the condition precedent set forth in this paragraph) have been satisfied as between the relevant Parties.


More Definitions of Base Time

Base Time equals the product of the number of business days in the applicable month multiplied by eight (8) business hours multiplied by sixty (60) minutes, less downtime resulting from a Force Majeure Event.
Base Time means the total number of minutes in a calendar month beginning on the first day of such month and ending on the last day of such month.

Related to Base Time

  • Rise time means the difference in time between the 10 per cent and 90 per cent response of the final reading (t90 – t10).

  • Up time means the time period when specified services with specified technical and service standards are available to user(s)

  • Prime Time in the Emergency Department is defined as the months of June, July and August and December.

  • Free Time means the period specified in the terminal schedule during which cargo may occupy space assigned to it on terminal property, including off-dock facilities, free of wharf demurrage or terminal storage charges immediately prior to the loading or subsequent to the discharge of such cargo on or off the vessel.

  • Exercise Time means 5.00 p.m. (local time in Frankfurt am Main, Germany);

  • Acceptance Time has the meaning set forth in Section 2.1(a).

  • Reference Time with respect to any setting of the then-current Benchmark means (1) if such Benchmark is USD LIBOR, 11:00 a.m. (London time) on the day that is two London banking days preceding the date of such setting, and (2) if such Benchmark is not USD LIBOR, the time determined by the Administrative Agent in its reasonable discretion.

  • Release Time The following procedures shall apply for release time:

  • Response Time means the difference in time between the change of the component to be measured at the reference point and a system response of 90 per cent of the final reading (t90) with the sampling probe being defined as the reference point, whereby the change of the measured component is at least 60 per cent full scale (FS) and takes place in less than 0.1 second. The system response time consists of the delay time to the system and of the rise time of the system.

  • Exchange Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 3.1(c) hereof.

  • Double time means twice the straight-time rate.

  • Central Clock Time or "CCT" means Central Daylight Time when Daylight Savings Time is in effect and Central Standard Time when Daylight Savings Time is not in effect.

  • Disclosure Time means, (i) if this Agreement is signed on a day that is not a Trading Day or after 9:00 a.m. (New York City time) and before midnight (New York City time) on any Trading Day, 9:01 a.m. (New York City time) on the Trading Day immediately following the date hereof, unless otherwise instructed as to an earlier time by the Placement Agent, and (ii) if this Agreement is signed between midnight (New York City time) and 9:00 a.m. (New York City time) on any Trading Day, no later than 9:01 a.m. (New York City time) on the date hereof, unless otherwise instructed as to an earlier time by the Placement Agent.

  • First Effective Time has the meaning specified in Section 2.02.

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Applicable Time means, with respect to any borrowings and payments in any Alternative Currency, the local time in the place of settlement for such Alternative Currency as may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be necessary for timely settlement on the relevant date in accordance with normal banking procedures in the place of payment.

  • Books Closure Date means the date and time to be determined by the Manager on which the register of Unitholders will be closed for the purpose of determining the entitlements of Unitholders to a Distribution;

  • Down time means the time period when specified services with specified technical and service standards are not available to user(s).

  • PM means particulate matter.

  • Reasonable time means: 25.1 between 8.00 a.m. and 6.00 p.m. on a weekday; or 25.2 between 9.00 a.m. and 5.00 p.m. on a Saturday; or 25.3 at any other time agreed between the lessor and each tenant.Requirement to negotiate a day and time for a proposed entry by the lessor

  • Go-Live Date means the date on which the City, acting reasonably, confirms in writing that the Services satisfy the functional, technical and security requirements as set out in this Agreement;

  • Execution Time means the date and time that this Agreement is executed and delivered by the parties hereto.

  • Execution Date means the date of this Agreement.

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

  • Base Date means a date 30 day prior to the submission of tenders.

  • Formation Date has the meaning set forth in the Recitals hereof.