Common use of Before expiry Clause in Contracts

Before expiry. If the Payment Security is not renewed or replaced within seven (7) Days prior to its date of expiry then the Sellers shall have the right to draw on the balance amount of such Payment Security before it expires.

Before expiry. If the Payment Security is not renewed or replaced within seven fifteen (715) Days prior to its date of expiry then the Sellers Seller shall have the right to draw on the balance amount of such Payment Security before it expires.