LC Expiration Date definition

LC Expiration Date has the meaning assigned to such term in Section 2.05(c).

LC Expiration Date means the day that is thirty days prior to the Revolving Credit Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

LC Expiration Date means the day that is five Business Days prior to the scheduled Revolving Credit Termination Date then in effect (or, if such day is not a Business Day, the immediately preceding Business Day).

Examples of LC Expiration Date in a sentence

• During any holding over period after the expiration of the original Term (whether with or without the consent of Port), Tenant shall deliver to Port, a new Letter of Credit or certificate of renewal or extension (collectively, "Renewal LC") at least ninety (90) days prior to the then current LC Expiration Date, without any action whatsoever on the part of Port, extending the then current LC Expiration Date by an additional year.

• Any Renewal or Replacement LC shall comply with all of the provisions of this Section 2, shall be irrevocable, transferable and shall remain in effect (or be automatically renewable) through the Final LC Expiration Date upon the same terms as the expiring Letter of Credit or such other terms as may be acceptable to Landlord in its sole discretion.

• Any renewal or replacement Letter of Credit shall comply with all of the provisions of this Section 29, shall be irrevocable, transferable and shall remain in effect (or be automatically renewable) through the Final LC Expiration Date upon the same terms as the expiring Letter of Credit or such other terms as may be acceptable to Landlord in its sole discretion.

• Within the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the period from the Closing Date through the L/C Expiration Date, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed.

• If the Letter of Credit held by Landlord expires earlier than the Final LC Expiration Date (whether by reason of a stated expiration date or a notice of termination or non-renewal given by the issuing bank), Tenant shall deliver a new Letter of Credit or certificate of renewal or extension to Landlord not later than 60 days prior to the expiration date of the Letter of Credit then held by Landlord.

More Definitions of LC Expiration Date

LC Expiration Date has the meaning specified in Section 3.01(c).

LC Expiration Date means the day that is thirty (30) days prior to the Maturity Date (or, if such day is not a Business Day, the next preceding Business Day).

LC Expiration Date means (a) with respect to the initial L/C Expiration Date, November 5, 2021, or if such day is not a Business Day, the preceding Business Day and (b) with respect to subsequent L/C Expiration Dates, the last day of any extension of such date pursuant to Section 2.01(c) of the Letter of Credit Reimbursement Agreement, or if such day is not a Business Day, the preceding Business Day.

LC Expiration Date means the day that is thirty (30) days prior to the Revolving Credit Termination Date (or, if such day is not a Business Day, the next preceding Business Day).

LC Expiration Date means the date that is seven (7) days prior to the Revolving Termination Date then in effect (or, if such date is not a Business Day, the next preceding Business Day).

LC Expiration Date means May 17, 2016.

LC Expiration Date means, with respect to any Letter of Credit, the stated expiration date thereof (as such date may be extended from time to time in accordance with the terms of such Letter of Credit).