Prevailing local time definition

Prevailing local time means the time where the commission is located.
Prevailing local time means the prevailing local time in effect in Hartford, Connecticut.
Prevailing local time means the prevailing local time in effect in Hartford, Connecticut. "Prime Rate" means a fluctuating rate of interest per annum equal to that rate per annum announced by Fleet National Bank or any successor thereto, from time to time, as being its prime rate of interest or base rate of interest, with a change in the Prime Rate to take effect simultaneously with each change in such announced rate. It is understood that such announced prime rate or base rate is merely a reference rate, not necessarily the lowest, which serves as the basis upon which effective rates of interest are calculated for obligations making reference thereto. "Project" has the meaning assigned thereto in the introductory clauses of this Agreement. "Related Documents" means the Letter of Credit, the Indenture, the Loan Agreement, the Bonds, the Pledge Agreement, the Mortgage, the Security Documents, and any other agreement or instrument guaranteeing, securing or otherwise relating to any of the foregoing. "Remarketing Agent" means X.X. Xxxxxxx & Sons, Inc. or any successor thereto as remarketing agent under the Indenture. "Remarketing Agreement" means that certain Remarketing Agreement of even date herewith between the Remarketing Agent and the Borrower, and any modification thereof or substitution therefor. "Security Documents" means the Mortgage and Security Agreement, the Financing Statement, the Assignment of Contracts and Security Agreement, and the Guaranty as the same may be amended from time to time. "Tender Advance" has the meaning assigned to that term in Subsection 2(d) of this Agreement. "Tender Drawing" has the meaning assigned to that term in the Letter of Credit. "Termination Date" means the earliest of: (i) January 14, 2000 (unless extended as provided in Subsection 3(e) below), (ii) the date of payment of a Final Drawing drawn under the Letter of Credit, or (iii) the earlier termination of the Letter of Credit pursuant to the terms thereof. "Trustee" means State Street Bank and Trust Company, as trustee under the Indenture, or any successor as such trustee. "Unrestricted Investments" means at any time cash and cash- equivalents and other readily marketable securities of the Borrower as are unrestricted and are identified as such in financial statements provided by the Borrower to the Bank from time to time under this Agreement.

Examples of Prevailing local time in a sentence

  • Prevailing local time is determined by reference to the location where the filing is required to be made.

Related to Prevailing local time

  • Real-time means the actual time during which a process or event occurs.

  • Prevailing wage rate means the rate, amount, or level of wages, salaries, benefits, and other

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Prevailing Wage means the wage rate paid by virtue of

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Working Day means a day (other than a Saturday or Sunday) on which banks are open for general business in the City of London.

  • Non-working Day means any day upon which an employee, pursuant to the terms of the contract of employment, is not available to the employer for the purposes of rostering the ordinary hours of work.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.