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The light is accepeted as the full expiration of time. Remember the time before when we did not have tenths of a second on the clock or the lights behind the backboard. A clock could be stopped with 0:00, yet time would not have expired because the horn had not sounded. That's because there could have been anywhere from .1 to .9 of a second remaining.
Well, with the new clocks, the same principle applies only we're talking about hundredths of a second now instead of tenths. If the clock shows 0:00.0, but the light has not yet illuminated, it means there is anywhere between .01 to .09 of a second remaining. The Texas/Providence game was the prime example of this situation. Hence, the clarification.
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