Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 10 contracts
Samples: Credit Agreement (TRW Automotive Holdings Corp), Credit Agreement (TRW Automotive Holdings Corp), Credit Agreement (TRW Automotive Holdings Corp)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year fifteen (15) months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year fifteen (15) months after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided provided, however, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods periods, each of which shall not exceed fifteen (which, 15) months (which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 9 contracts
Samples: Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Credit Agreement (Diamondback Energy, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof under procedures reasonably satisfactory to the applicable Issuing Bank for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 7 contracts
Samples: Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (iA) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iiB) of this paragraph (c)).
Appears in 5 contracts
Samples: Amendment Agreement (Alpha Natural Resources, Inc.), Credit Agreement (Alpha Natural Resources, Inc.), Credit Agreement (Massey Energy Co)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the applicable date referred to in clause (iia) of this paragraph (c)Section 2.05).
Appears in 5 contracts
Samples: Support Agreement (Affinion Group Holdings, Inc.), Credit Agreement (Affinion Group Holdings, Inc.), Credit Agreement (Affinion Group Holdings, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-periods not exceeding one year periods each pursuant to customary “evergreen” provisions (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 5 contracts
Samples: Credit Agreement (Ralph Lauren Corp), Credit Agreement (Ralph Lauren Corp), Credit Agreement (Ralph Lauren Corp)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided Date provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof under procedures satisfactory to the Issuing Bank for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 4 contracts
Samples: Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five 30 Business Days prior to the Revolving Credit Working Capital Loan Maturity Date; provided provided, however, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 4 contracts
Samples: Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/)
Expiration Date. Each Letter of Credit shall expire (or be subject to termination by notice from the relevant Issuing Bank to the beneficiary thereof) at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date); provided that any such Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods subject to customary non-renewal provisions (which, which shall in no event, shall event extend beyond the date referred to in the following clause (ii)) of this paragraph and (c))ii) the date that is five (5) Business Days prior to the Maturity Date.
Appears in 3 contracts
Samples: Credit Agreement (Cimpress N.V.), Credit Agreement (Cimpress N.V.), Credit Agreement (Cimpress N.V.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof under procedures satisfactory to the applicable Issuing Bank for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 2 contracts
Samples: Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; , provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (Universal City Travel Partners), Credit Agreement (Universal City Development Partners LTD)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity DateTermination Date that is applicable to the Tranche 1 Revolving Facility; provided that at the request of the applicable Borrower and in the sole discretion of any Issuing Lender, a Letter of Credit with a one-may have an expiry date of greater than one year tenor may provide for the automatic renewal thereof for additional one-year periods (which, but in no event, event shall the final expiry of such Letter of Credit extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 2 contracts
Samples: Credit Agreement (QVC Inc), Credit Agreement (Liberty Interactive Corp)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Termination Date; provided that at the request of the Borrower and in the sole discretion of any Issuing Lender, a Letter of Credit with a one-may have an expiry date of greater than one year tenor may provide for the automatic renewal thereof for additional one-year periods (which, but in no event, event shall the final expiry of such Letter of Credit extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 2 contracts
Samples: Credit Agreement (QVC Inc), Credit Agreement (QVC Inc)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) (A) with respect to any Revolving Letter of Credit, the date that is five Business Days prior to the applicable Revolving Credit Facility Maturity Date and (B) with respect to any Tranche C-3 Letter of Credit, the date that is five Business Days prior to the Tranche C-3 Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the applicable date referred to in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Incremental Assumption Agreement (Momentive Specialty Chemicals Inc.), Amendment Agreement (Hexion Specialty Chemicals, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year twelve months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year twelve months after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional onetwelve-year month periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)) unless otherwise agreed by the Issuing Bank and the Administrative Agent).
Appears in 2 contracts
Samples: Credit Agreement (Generac Holdings Inc.), Credit Agreement (Generac Holdings Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (Hexion Specialty Chemicals, Inc.), Credit Agreement (Goodman Holding CO)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one (1) year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) , as applicable), and (ii) the date that is five Business Days thirty (30) days prior to the Revolving Credit Maturity Date; provided that any . Each Letter of Credit with a one-one (1) year tenor term may provide for the automatic renewal thereof for additional one-one (1) year periods (which, in periods; provided that no event, such period shall extend beyond the date referred to described in clause (ii) of this paragraph clause (c)).
Appears in 2 contracts
Samples: Credit Agreement (PennTex Midstream Partners, LP), Credit Agreement
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity Date; provided that any such Letter of Credit with a one-tenor of one year tenor may provide for shall, if requested by the automatic Borrower or any of its Subsidiaries, have renewal thereof periods for additional one-one year periods (which, in no event, so long as the expiration date shall not extend beyond the date referred to described in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (Pacific Sunwear of California Inc), Credit Agreement (Pacific Sunwear of California Inc)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier to occur of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit latest Final Maturity Date; provided that any Letter of Credit with a one-year tenor term may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 2 contracts
Samples: Credit Agreement (Tucson Electric Power Co), Credit Agreement (Tucson Electric Power Co)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof under procedures reasonably satisfactory to the applicable Issuing Bank for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 2 contracts
Samples: Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (iA) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five Business Days prior to the New Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iii)(B) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (Foundation Coal Holdings, Inc.), Credit Agreement (Foundation Coal Holdings, Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date that is one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days ten days prior to the Revolving Credit Maturity Date; provided that at the option of the Issuing Bank any Letter of Credit with having a one-tenor of one year tenor or greater may provide for the automatic renewal thereof of such Letters of Credit for additional one-one year periods (which, in no event, shall extend beyond so long as such renewal period does not end after the date referred to described in clause (ii) of this paragraph (c)).
Appears in 2 contracts
Samples: Credit Agreement (NeoSpine Surgery, LLC), Credit Agreement (Symbion Inc/Tn)
Expiration Date. Each Revolving Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one (1) year after the date of the issuance of such Revolving Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Revolving Letter of Credit with a one-year tenor may provide for the automatic renewal extension thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (cSection 2.04(c)(ii)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity DateDate of the applicable Issuing Bank; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Samples: Credit Agreement (Cleco Power LLC)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on (i) the earlier of (iA) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five (5) Business Days prior to the Revolving Credit Maturity Termination Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iii)(B) of this paragraph (c)) or (ii) with respect to Letters of Credit not to exceed an aggregate amount of $1,000,000 such date later than one year from the date of issuance (but in no event later than five (5) Business Days prior to the Termination Date).
Appears in 1 contract
Samples: Revolving Credit Agreement (Donnelley R R & Sons Co)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; , provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-periods of up to one year periods each (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business 5:00 p.m., Local Time, on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity Termination Date; provided provided, however, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)) unless otherwise agreed by the Issuing Bank and the Administrative Agent).
Appears in 1 contract
Samples: Credit Agreement (PQ Systems INC)
Expiration Date. Each Letter of Credit shall expire at or prior --------------- to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided provided, that any Letter -------- ---- of Credit with a one-year tenor term may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) unless the applicable Issuing Bank agrees to a later expiration date, the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Stated Maturity Date; provided provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) 1. the date one year fifteen (15) months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year fifteen (15) months after such renewal or extension) and (ii) 2. the date that is five Business Days prior to the Revolving Credit Maturity Date; provided provided, however, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods periods, each of which shall not exceed fifteen (which, 15) months (which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (ix) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiy) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any standby Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iii)(y) of this paragraph (c)); provided further that a Letter of Credit can extend beyond the Revolving Facility Maturity Date if it is cash collateralized on terms reasonably acceptable to the Issuing Bank.
Appears in 1 contract
Samples: Credit Agreement (Loral Space & Communications Inc.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity DateDate of the applicable Issuing Bank; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof 35 Cleco Corporate Holdings LLC for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or Table of Contents extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the applicable date referred to in clause (ii) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the 2014 Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year one‑year tenor may provide for the automatic renewal thereof for additional one-year one‑year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) above (as extended pursuant to the terms of this paragraph such clause (cii)).
Appears in 1 contract
Samples: Credit Agreement (Cleco Power LLC)
Expiration Date. Each Letter of Credit shall expire (or be subject to termination by notice from the Issuing Bank to the beneficiary thereof) at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date); provided that any such Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods subject to customary non-renewal provisions (which, which shall in no event, shall event extend beyond the date referred to in the following clause (ii)) of this paragraph and (c))ii) the date that is five (5) Business Days prior to the 2018 Maturity Date.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Vistaprint N.V.)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of 49 Cleco Corporation Credit Agreement Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Loan Maturity Date; provided that any Letter of Credit with a one-year one‑year tenor may provide for the automatic renewal thereof for additional one-year one‑year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) above (as extended pursuant to the terms of this paragraph such clause (cii)).
Appears in 1 contract
Samples: Credit Agreement (Cleco Power LLC)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided provided, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the applicable date referred to in clause (iia) of this paragraph (cSection 2.05)).. US-DOCS\101954982.7000000000.8
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of AMERICAS/2023601503.12023601503.8 36 Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Samples: Credit Agreement (Cleco Power LLC)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (iA) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iii)(B) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Revolving Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Revolving Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Revolving Letter of Credit with a one-year tenor term may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) above). Each Tranche B Letter of this paragraph (c))Credit shall expire not later than the close of business on the Tranche B Maturity Date.
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such CARRIZO REVOLVING CREDIT AGREEMENT Index renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided that any Letter of Credit with a one-year tenor term may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (cabove)).;
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year twelve months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year twelve months after such renewal or extension) and (ii) the date that is five Business Days prior to the latest Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional onetwelve-year month periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)) unless otherwise agreed by the Issuing Bank and the Administrative Agent).
Appears in 1 contract
Samples: Credit Agreement (Edwards Group LTD)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year fifteen (15) months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year fifteen (15) months after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date; provided provided, however, that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods periods, each of which shall not exceed fifteen (which, 15) months (which shall in no event, shall event extend beyond the date referred to in clause (iic)(ii) of this paragraph (c)above).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (iA) the date one (1) year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five (5) Business Days prior to the Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iiB) of this paragraph (c)).
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the 45 Revolving Credit Maturity Termination Date; provided that at the request of the applicable Borrower and in the sole discretion of any Issuing Lender, a Letter of Credit with a one-may have an expiry date of greater than one year tenor may provide for the automatic renewal thereof for additional one-year periods (which, but in no event, event shall the final expiry of such Letter of Credit extend beyond the date referred to in clause (ii) of this paragraph (c)above).
Appears in 1 contract
Samples: Credit Agreement (QVC Inc)
Expiration Date. Each Revolving Letter of Credit shall expire at or prior to the close of business on the earlier to occur of (i) the date one year after the date of the issuance of such Revolving Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five (5) Business Days prior to the Revolving Credit Final Maturity Date; provided that any Revolving Letter of Credit with a one-year tenor term may provide for the automatic renewal thereof for additional one-year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) above). Each Revenue Bond Letter of this paragraph Credit shall expire not later than the close of business on the date that is five (c))5) Business Days prior to the Final Maturity Date.
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire (or be subject to termination by notice from the applicable Issuing Bank to the beneficiary thereof) at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Maturity Date of the Revolving Credit Maturity DateLoans of such Issuing Bank; provided that any Letter of Credit with a one-year tenor that shall expire pursuant to clause (i) of this Section 2.15(c) may provide for the automatic renewal thereof for additional one-year periods (which, which in no event, event shall extend beyond the date referred to specified in clause (ii) of this paragraph (cSection 2.15(c)).
Appears in 1 contract
Samples: Credit Agreement (Cognizant Technology Solutions Corp)
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Facility Termination Date; provided that any Letter of Credit with a one-term of one year tenor or less may provide for the automatic renewal thereof for additional one-periods less then or equal to one year periods (which, which shall in no event, shall event extend beyond the date referred to in clause (ii) of this paragraph (cabove)).. It is understood that on
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on (i) the earlier of (ia) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iib) the date that is five Business Days prior to the Revolving Credit Maturity Date or (ii) such later date as the Administrative Agent shall agree (not to exceed 12 months after the Maturity Date; provided ) to the extent that any such Letter of Credit with a one-year tenor may provide for is cash collateralized in the automatic renewal thereof for additional one-year periods manner described in paragraph (which, in no event, shall extend beyond the date referred to in clause (iij) of this paragraph (c))Section.
Appears in 1 contract
Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (iA) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (iiB) the date that is five Business Days prior to the Class B Revolving Credit Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (iiB) of this paragraph (c)).
Appears in 1 contract