Closing Cut-off Time definition
Closing Cut-off Time means 5:00 p.m. (New York, New York time) on the second Business Day immediately prior to the Closing Date.
Closing Cut-off Time means 5:00 p.m., Central time on the second day (excluding Sundays and holidays) immediately prior to the Closing Date.
Closing Cut-off Time means 5:00 p.m., Central time on the second day (excluding Sundays and holidays) immediately prior to the Closing
Examples of Closing Cut-off Time in a sentence
Unless otherwise indicated below, Buyer shall receive a credit for any of the following items to the extent the same are accrued but unpaid as of the Closing Cutoff Time (whether or not due, owing or delinquent as of the Closing Cutoff Time), and Seller shall receive a credit to the extent any of the following items shall have been paid prior to the Closing Date to the extent the payment thereof relates to any period of time after the Closing Cutoff Time.