Committed Letters of Credit. No later than 1:00 P.M. (Central time) on the Banking Day of the receipt by the Letter of Credit Bank of a Committed LC Request, it shall, if it approves the form and substance thereof, issue the requested Committed Letter of Credit for any expiry period from seven (7) days following the date of issuance to the date which is 364 days past the 5-Year Maturity Date, subject to the following:
Appears in 3 contracts
Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)
Committed Letters of Credit. No later than 1:00 P.M. (Central time) on the Banking Day of the receipt by the Letter of Credit Bank of a Committed LC Request, it shall, if it approves the form and substance thereof, issue the requested Committed Letter of Credit for any expiry period from seven (7) days following to the earlier of (a) 364 days from the date of issuance to the date which is or (b) 364 days past the 53-Year Maturity Date, subject to the following:
Appears in 1 contract
Samples: Credit Agreement (Cenex Harvest States Cooperatives)
Committed Letters of Credit. No later than 1:00 P.M. 12:00 noon (Central time) on the Banking Day of the receipt by the Letter of Credit Bank of a Committed LC Request, it shall, if it approves the form and substance thereof, shall issue the requested Committed Letter of Credit for any expiry period from seven (7) days following to the earlier of (a) 364 days from the date of issuance to the date which is 364 days past or (b) the 5-Year Maturity Date, subject to the following:
Appears in 1 contract
Samples: Credit Agreement (Cenex Harvest States Cooperatives)
