Local Time definition

Local Time means (i) New York City time in the case of a Loan, Borrowing or LC Disbursement denominated in Dollars and (ii) local time in the case of a Loan, Borrowing or LC Disbursement denominated in a Foreign Currency (it being understood that such local time shall mean London, England time unless otherwise notified by the Administrative Agent).
Local Time means New York City time.
Local Time means (a) with respect to a Loan or Borrowing denominated in Dollars, New York City time and (b) with respect to a Loan or Borrowing denominated in any Foreign Currency, London time.

Examples of Local Time in a sentence

  • In order for your proposal to be considered, the Proposal Reply Section shall be executed completely and correctly and returned in a sealed envelope clearly displaying the contract number and vendor name by October 10, 2023 at 3:00pm (Local Time) to be considered.

  • Embassy in BudapestAddress: Szegfu u.3, VI Budapest, 1063 Tel: (00361) 4132621, 4132611Fax: 3421934Emergency Tel: 0036303417498E-mail: gremb.bud@mfa.gr , greekemb@t-online.hu Website: www.mfa.gr/budapestWorking Hours (Local Time): Monday – Friday 09.00-16.00 Head of Mission: Ambassador, Efthymios Pantzopoulos Consular OfficeAddress: Szegfu u.3, VI Budapest, 1063 Tel: (00361) 4132621, 4132611Fax: 3421934E-mail: grem.bud@mfa.grOpen to public: Monday to Friday 10.00-14.00 Head: Mrs.

  • The Company (on its own behalf or on behalf of the applicable Borrower)shall notify the Administrative Agent by telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurocurrency Revolving Borrowing, not later than 11:00 a.m., Local Time, three (3) Business Days before the date of prepayment or (ii) in the case of prepayment of an ABR Revolving Borrowing, not later than 11:00 a.m., New York City time, one (1) Business Day before the date of prepayment.

  • Each day upon or as of which the Administrative Agent determines Dollar Amounts as described in the preceding clauses (a), (b) and (c) is herein described as a “Computation Date” with respect to each Credit Event for which a Dollar Amount is determined on or as of such day and any such determination by the Administrative Agent shall be made at approximately 11:00 a.m., Local Time, on such day.


More Definitions of Local Time

Local Time means, with respect to any Loan denominated in or any payment to be made in any Currency, the local time in the Principal Financial Center for the Currency in which such Loan is denominated or such payment is to be made.
Local Time means the time in the city in which the Fiscal Agent has its Specified Office;
Local Time means New York City time (daylight or standard, as applicable).
Local Time means (i) New York City time in the case of a Loan, Borrowing or LC Disbursement denominated in Dollars to, or for the account of, the Borrower and (ii) local time at the place of the relevant Loan, Borrowing or LC Disbursement (or such earlier local time as is necessary for the relevant funds to be received and transferred to the Administrative Agent for same day value on the date the relevant reimbursement obligation is due) in the case of a Loan, Borrowing or LC Disbursement which is denominated in a Foreign Currency.
Local Time means New York City time (daylight or standard, as applicable); provided that, with respect to any Alternate Currency Loan, “Local Time” shall mean the local time of the applicable Lending Office.
Local Time in relation to any payment, is to the time in the city or town in which the relevant bank or the relevant branch or office thereof is located, and any reference to “local banking days” in relation thereto is to days other than Saturdays and Sundays on which commercial banks are open for general business, including dealings in foreign exchange and foreign currency deposits, in such city or town;
Local Time means the time zone in Customer’s primary access location identified in the Order Form.