Outside Time definition

Outside Time means, unless an earlier Outside Time is stated in the Specific Terms, the opening of business on the second Business Day after the Business Day on which the Initial Instruction in substantially the form of the Exhibit is actually received at the address for the Bank specified in the Exhibit. If the Initial Instruction is actually received at that address after 12:00 noon, local time, at that address, then in determining the Outside Time, the Initial Instruction will be considered to have been actually received on the following Business Day.

Outside Time means 5:00 p.m. (Toronto time) on September 30, 2006, provided that the Outside Time may be extended by the Offeror to such later date and time as may be agreed in writing by the Offeror and the Target or:

Outside Time means, unless an earlier Outside Time is stated in the Specific Terms, the opening of business on the second Business Day after the Business Day on which the Initial Instruction in substantially the form of the Exhibit is actually received at the address for the Bank specified in the Exhibit. If the Initial Instruction is actually received at that address after 12:00 noon, local time, at that address, then in determining the Outside Time, the Initial Instruction will be considered to have been actually received on the following Business Day. GENERAL TERMS FOR THE DEPOSIT ACCOUNT CONTROL AGREEMENT 2

Examples of Outside Time in a sentence

• All references in the General Terms to the Outside Time shall instead be to the Agreement Date.

• If an earlier period is not inserted in the preceding sentence, then the Outside Time will be based on two Business Days.

• The Bank will not comply with the Debtor’s Disposition Instructions after the Outside Time.

• First, if the depositary bank chooses to act on the Initial Instruction before the Outside Time, it may do so without liability to the debtor.37 The depositary banks represented at the task force meetings stated they would intend to endeavor to act more quickly in complying with the Initial Instruction in practice.

• The task force did not want to discourage the depositary bank from complying with the Initial Instruction before the Outside Time, and blocking the debtor’s access to as much of the funds in the deposit account as it could, even if the depositary bank was then not able operationally to stop processing a particular transaction originated by the debtor.

More Definitions of Outside Time

Outside Time means 10:00 am (Calgary time) on May 13, 2021, as may be extended pursuant to Section 10.4, or such other date the Parties may agree upon in writing;

Outside Time has the meaning ascribed thereto in Section 7.2(b).

Outside Time has the meaning set forth in Section 11.1(b).

Outside Time in Section 1 of the General Terms):

Outside Time means 9:00 a.m. on the date that is 90 days after the date of this Agreement, or such later date as the parties may agree upon in writing.

Outside Time means, absent an earlier Outside Time set forth on the Schedule hereto, the opening of business on the Business Day next succeeding the Business Day on which the Initial Instruction is actually received by the person or persons or department at the Bank to whom or which the Initial Instruction is required under this Agreement to be addressed. Absent an earlier Outside Time set forth on the Schedule hereto, if the Initial Instruction is actually received by the person or persons or department after 12:00 noon, in the time zone set forth on the Schedule hereto, on any Business Day, the Outside Time shall be the opening of business on the second Business Day next succeeding the Business Day on which the actual receipt occurs.

Outside Time means the earliest to occur of (a) the time at which the Merger Agreement is terminated, (b) the time at which Merger Sub has accepted for payment all Shares Owned, validly tendered and not withdrawn by Stockholder pursuant to the Offer and (c) the time of any amendment or other change to the Merger Agreement effected without Stockholder’s prior written consent that (A) reduces the number of Shares subject to the Offer, (B) reduces the Offer Price, (C) changes the Minimum Tender Condition, adds to the conditions set forth in Exhibit B to the Merger Agreement or modifies any condition set forth in Exhibit B to the Merger Agreement in any manner adverse to Stockholder, (D) changes the form of consideration payable in the Offer or (E) extends the Offer in any manner other than pursuant to and in accordance with the terms of Section 1.1(b) of the Merger Agreement.