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

  • Bids will be accepted at any time during the normal course of business only, said hours being 8:00 a.m. to 5:00 p.m. Local Time, Monday through Friday, legal holidays as exception.

  • Bids will be accepted at any time during the normal course of business only, said hours being 8:00 a.m. to 4:00 p.m. Local Time, Monday through Friday, legal holidays as exception.

  • Proposals must be received at the above address no later than 1:00 PM (Local Time) on 2/7/2014.

  • Date: 13 March 2013Time: 1:00 PM to 3:00 PM (Harrisburg Local Time) Location: Department of General ServicesBureau of Procurement Conference Room #1 Forum Place, 6th Floor 555 Walnut StreetHarrisburg, PA 17101 ** IMPORTANT NOTE** Parking in the Forum Place Parking Garage is no longer available.

  • All properly sealed and marked proposals are to be sent to the State of Delaware and received no later than 1:00 PM (Local Time) on 2/7/2014.


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 (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).
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 tolocal 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 (a) with respect to any Advance denominated or any payment to be made in Dollars, New York City time, and (b) with respect to any Advance denominated or any payment to be made in an Alternate Currency, the local time in the Principal Financial Center for such Alternate Currency.