LC Maturity Date definition

LC Maturity Date means the date that is five Business Days prior to the Maturity Date.

LC Maturity Date means the first anniversary of the Closing Date unless accelerated sooner pursuant to the terms hereof.

LC Maturity Date means the 30th Business Day prior to the Revolving Credit Maturity Date.

Examples of LC Maturity Date in a sentence

• The outstanding amount of any unpaid reimbursement obligations of the Borrower shall be payable (together with any accrued but unpaid interest and fees with respect thereto) by the Borrower on the LC Maturity Date.

• Upon the request of the Majority Lenders if, as of the L/C Maturity Date, there are any Letters of Credit Outstanding, the Borrower shall immediately Cash Collateralize the then Letters of Credit Outstanding.

• No Letter of Credit will permit any Drawing after the LC Maturity Date and shall expire no later than the LC Maturity Date.

• Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date twelve months after the date of the issuance of such Letter of Credit or, in the case of any renewal or extension thereof (which renewals or extensions, subject to clause (ii) hereof, may be automatic pursuant to the terms of such Letter of Credit), twelve months after the then-current expiration date of such Letter of Credit and (ii) the Outside L/C Maturity Date.

• It also allows for matching over a set of multi-dimensional variables.

More Definitions of LC Maturity Date

LC Maturity Date has the meaning assigned to such term in Section 2.17(c)(i).

LC Maturity Date means the earlier of (a) December 31, 2019 and (b) the acceleration of all Obligations pursuant to Article VII.

LC Maturity Date means the date that is five Business Days prior to the Maturity Date. “L/C Obligations” shall mean, as at any date of determination, the aggregate amount available to be drawn under all

LC Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date.

LC Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date. “L/C Participant” shall have the meaning provided in Section 3.3(a).

LC Maturity Date means the earlier of (a) December 31, 2019 and (b) the acceleration of all Obligations pursuant toArticle VII.

LC Maturity Date means the date that is thirty (30) days prior to the Maturity Date.