Common use of Expiration Date Clause in Contracts

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)).

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).

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).

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)).

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)).

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).

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).

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).

Expiration Date. (i) 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).

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 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)).

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.

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)).

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).

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)).

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).

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)).

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)).

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)).

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).

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).

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).

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)).

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)).

Expiration Date. (i) 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)).

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).

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.

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)).

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

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)).

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).

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).

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)).

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).

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)).

Expiration Date. Each Revolving 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 Revolving 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 Date; provided that any Revolving 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)).

Expiration Date. (i) 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 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)).

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)).

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).

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)).

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)).

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)).

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).

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)).

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).

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.

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)).

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).

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).