Trading Session means the period of time during any given calendar day, commencing with the determination of the opening price on the Applicable Exchange and ending on the determination of the closing price on the Applicable Exchange during the regular trading session, in which trading in UTC Shares, Carrier Shares or Otis Shares (as applicable) is permitted on the Applicable Exchange.
Regular Trustee means any Trustee other than the Property Trustee and the Delaware Trustee.
Regular Hours means the hours between 7 a.m. and 5 p.m. Monday thru Friday, excluding the following holidays: Presidents' Day, Easter, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day, and New Year's Day.
Inactive Trading Account means a Client's trading account which has not had an open position, pending order, or non-trading operation in 3 months period.
Scheduled Trading Day means a Business Day.