Subject Time definition
Subject Time means the current local time then in effect (a) with respect to the Closing, in Denver, Colorado and (b) with respect to Personal Property or Real Property Interests, where such property is located.
Subject Time means the current local time then in effect (a) with respect to the Closing, in Denver, Colorado and (b) with respect to Personal Property or Real Property Interests, where such property is located. "Tank Damage" shall have the meaning given such term in Section 6.9. "Tax" or "Taxes" shall mean any Governmental Authority income tax, ad valorem tax, excise tax, sales tax, use tax, franchise tax, real or personal property tax, transfer tax, gross receipts tax or other tax, assessment, duty, fee, levy or other governmental charge, together with and including, any and all interest, fines, penalties, assessments, and additions to Tax resulting from, relating to, or incurred in connection with any of those or any contest or dispute thereof. "Tax Authority" shall mean any Authority having jurisdiction over the payment or reporting of any Tax. "Tax Benefits" means the amount by which the Tax liability of the Indemnified Party or any of its Affiliates for a taxable period is actually reduced (including, without limitation, by deduction, reduction in income upon a sale, disposition or other similar transaction as a result of increased tax basis, receipt of a refund of Taxes or use of a credit of Taxes) plus any related interest (net of Taxes payable thereon) received from the relevant Tax Authority, as a result of the incurrence, accrual or payment of any Loss or Tax with respect to which the indemnification payment is being made. "Tax Claim" shall mean the written notice of the assertion or commencement of any claim, assessment, deficiency, audit, review, examination or other proposed change or adjustment by any Tax Authority or any judicial or administrative proceeding relating to a Pre-Closing Tax Period of the Company. "Tax Proceeding" shall have the meaning given such term in Section 6.12(g). "Tax Return" shall mean any report, statement, form, return or other document or information required to be supplied to a taxing authority in connection with Taxes. "Terminals" shall mean those propane terminal facilities described in Schedule 1.1(i) and identified on the Terminal Map. "Terminal Map" shall mean the map describing the Terminals attached to this Agreement as Exhibit A. "Third Person" shall mean (i) any Person other than a Party or its Affiliates, and (ii) any Governmental Authority. 12 "Third Person Awards" shall mean any actual recoveries from Third Persons by the Indemnified Party (including, without limitation, from insurance and third-party indemnificati...
Subject Time means the current local time then in effect in Denver, Colorado.
Examples of Subject Time in a sentence
MTS Doc No: [Subject] Time is of the essence in the performance of the Work.
The consummation of the transactions contemplated by this Agreement (the "Closing") shall take place at 10:00 a.m. Subject Time in the offices of DEFS in Denver, Colorado, on June 30, 2003, or on the last Business Day of the month following the satisfaction or waiver of the conditions set forth in Sections 8.1 and 8.2, or such other time and place as the Parties agree to in writing (the "Closing Date"), and shall be effective as of the Effective Time.
More Definitions of Subject Time
Subject Time means the current local time then in effect where the System is located.