| length =4:47
| BPM = 94
| versions =The Only Time<br>The Only Time (Demo - ''[[Purest Feeling (halo)|Purest Feeling]]'')<br>The Only Time (''[[Closure]]'')
| live =[[VIVIsectVI Tour]] through [[Further Down The Spiral Tour]]
}}'''"The Only Time"''' is the ninth track on the 1989 release ''[[Pretty Hate Machine]].''
This is the final album version. The track begins with Reznor's vocal and a bass line that sounds like a keyboard slap bass preset. As the verse moves along, a minimal and sleek-sounding drum track gradually comes in. Near the end of the first verse, there is a very brief appearance of [[samples|sampled]] background vocals recorded for "So Alive" by Love And Rockets (a track also produced by John Fryer.) As the chorus kicks in, the bass switches to a more picked bass guitar sound, the drum track becomes much louder and more aggressive and the low-pitched "Down In It" synth voice comes in, playing an ascending melody. During the second half of the chorus, the instrumentation of the verse returns, and the high-pitched "Down In It" synth voice comes in. The song continues on in much the same pattern, with minor variances. A distorted guitar overdub in the instrumental end of the song segues directly into "[[Ringfinger]]."
===The Only Time (Demo- ''Purest Feeling'')===
An early version of the song found on ''Purest Feeling''.