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

Examples of Outside Time in a sentence

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

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

• The Company shall deposit and hold the funds so paid in the Segregated Bank Account, for the benefit of such Person, until the Closing occurs or the occurrence of the Outside Time Frame, as contemplated by Section 20.3.

• In the event that the Minimum Subscriptions have not been received by June 30, 2013 ("Outside Time Frame"), or at any time prior to the Closing and for any reason whatsoever, this Agreement may be terminated, in the sole discretion of the Managers.

• Second, given that some depositary banks, especially small community banks, may be able to commit to react quicker, the parties may in the Specific Terms shorten the period reflected in the definition of Outside Time.38Even so, some members of the task force expressed the view that the definition of Outside Time still provided too generous a period of time for the depositary bank to react.

More Definitions of Outside Time

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

Outside Time in Section 1 of the General Terms):

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 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 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.

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 (i) reduces the number of Shares subject to the Offer, (ii) reduces the Offer Price, (iii) 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, (iv) changes the form of consideration payable in the Offer, (v) 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, or (vi) otherwise amends the Offer in any manner adverse to Stockholder. The proxies named above will be empowered, and may exercise this proxy, to the full extent of the undersigned’s rights, to vote the Shares at any meeting of the stockholders of the Company, however called, and in any action by written consent of the stockholders of the Company at any time prior to the Outside Time:

Outside Time means the time that the Initial Instruction in substantially the form of Exhibit “B” is actually received by a Responsible Officer at the address for the Bank specified in the Initial Instruction.