open of business definition

open of business means 9:00 a.m. (New York City time).
open of business means 9:00 a.m. New York City time.
open of business means 9:00 a.m., Eastern Time;

Examples of open of business in a sentence

  • The adjustment to the Conversion Rate pursuant to this Section 5.05(A)(iii)(2) will be calculated as of the Close of Business on the last Trading Day of the Spin-Off Valuation Period but will be given effect immediately after the Open of Business on the Ex- Dividend Date for the Spin-Off, with retroactive effect.


More Definitions of open of business

open of business means 9:00 a.m. Eastern Time.
open of business means 9:00 a.m., New York City time. The term “or” is not exclusive, unless the context expressly provides otherwise.
open of business means 9:00 a.m., New York City time, on any Business Day.
open of business means 9:00 a.m. (New York City time). “Opinion of Counsel” means an opinion in writing signed by legal counsel, who may be an employee of or counsel to the Company, or other counsel acceptable to the Trustee, that is delivered to the Trustee. Each such opinion shall include the statements provided for in Section 17.05 if and to the extent required by the provisions of such Section 17.05. “Optional Redemption” shall have the meaning specified in Section 16.01. “outstanding,” when used with reference to Notes, shall, subject to the provisions of Section 8.04, mean, as of any particular time, all Notes authenticated and delivered by the Trustee under this Indenture, except: (a) Notes theretofore canceled by the Trustee or accepted by the Trustee for cancellation; (b) Notes, or portions thereof, that have become due and payable and in respect of which monies in the necessary amount shall have been deposited in trust with the Trustee or with any Paying Agent (other than the Company) or shall have been set aside and segregated in trust by the Company (if the Company shall act as its own Paying Agent); (c) Notes that have been paid pursuant to Section 2.06 or Notes in lieu of which, or in substitution for which, other Notes shall have been authenticated and delivered pursuant to the terms of Section 2.06 unless proof satisfactory to the Trustee is presented that any such Notes are held by protected purchasers in due course; (d) Notes converted pursuant to Article 14 and required to be cancelled pursuant to Section 2.08; and (e) Notes repurchased by the Company pursuant to the penultimate sentence of Section 2.10.
open of business on any day means 9:00 A.M., New York City time, on such day.
open of business means 9:30 a.m. (New York City time).
open of business means the open of business in the City of New York.