Common use of Expiry Date of Letters of Credit Clause in Contracts

Expiry Date of Letters of Credit. Each Letter of Credit shall expire at or prior to the earlier of (i) the close of business on 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), or (ii) the Final Maturity Date; provided, however, if the Account Party so requests in any applicable Application, Bank agrees to issue a Letter of Credit that provides for the automatic extension for successive periods of one year or less until Bank shall have delivered prior written notice of non-extension to the beneficiary of such Letter of Credit (a “Notice of Non-Extension”) no later than 60 days prior to the stated maturity date specified in such Letter of Credit (such time, the “Non-Extension Notice Date”). The Account Party acknowledges that Bank shall not be required to extend any Letter of Credit if Bank has determined that it would have no obligation at such time to issue such Letter of Credit (as extended) under the terms hereof.

Expiry Date of Letters of Credit. Each Letter of Credit shall expire at or prior to the earlier of (ia) the close of business on the date one year after the date of the issuance Issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension), or (iib) the Final Maturity Date; provided, however, if the Account Party so requests in any applicable Application, Bank agrees to issue a Letter of Credit that provides for the automatic extension renewal for successive periods of one year or less until Bank shall have delivered prior written notice of non-extension nonrenewal to the beneficiary of such Letter of Credit (a “Notice of Non-Extension”) no later than 60 days prior to the stated maturity date specified in such Letter of Credit (such time, the “Non-Extension Notice Date”). The Account Party acknowledges that Bank shall not be required to extend any Letter of Credit if Bank has determined that it would have no obligation at such time to issue such Letter of Credit (as extended) under the terms hereof.

Expiry Date of Letters of Credit. Each Letter of Credit shall expire at or prior to the earlier of of (i) the close of business on 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), or (ii) the Final Maturity Date; provided, however, if the Account Party so requests in any applicable Application, Bank Bxxx agrees to issue a Letter of Credit that provides for the automatic extension for successive periods of one year or less until Bank shall have delivered prior written notice of non-non- extension to the beneficiary of such Letter of Credit (a “Notice of “ Non-ExtensionExtension ”) no later than 60 days prior to the stated maturity date specified in such Letter of Credit (such time, the “Non-Extension “ Notice DateDate ”). The Account Party acknowledges that Bank shall not be required to extend any Letter of Credit if Bank has determined that it would have no obligation at such time to issue such Letter of Credit (as extended) under the terms hereof.

Expiry Date of Letters of Credit. Each Letter of Credit shall expire at or prior to the earlier of of (i) the close of business on 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), or (ii) the Final Maturity Commitment Termination Date; provided, however, if the Account Party so requests in any applicable Application, Bank agrees to issue a Letter of Credit that provides for the automatic extension for successive periods of one year or less until Bank shall have delivered prior written notice of non-non- extension to the beneficiary of such Letter of Credit (a “Notice of Non-Extension“ ”) no later than 60 days prior to the stated maturity date specified in such Letter of Credit (such time, the “Non-Extension “ Notice DateDate ”). The Account Party acknowledges that Bank shall not be required to extend any Letter of Credit if Bank has determined that it would have no obligation at such time to issue such Letter of Credit (as extended) under the terms hereof.

Expiry Date of Letters of Credit. Each Letter of Credit shall expire at or prior to the earlier of (ia) the close of business on the date one year after the date of the issuance Issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension), or (iib) the Final Maturity Date; provided, however, if the Account Party so requests in any applicable Application, Bank agrees to issue a Letter of Credit that provides for the automatic extension renewal for successive periods of one year or less until Bank shall have delivered prior written notice of non-extension nonrenewal to the beneficiary of such Letter of Credit (a “Notice of Non-Extension”) no later than 60 days prior to the stated maturity date specified in such Letter of Credit (such time, the “Non-Extension Notice Date”). The Account Party acknowledges that Bank shall not be required to 17103949v6 extend any Letter of Credit if Bank has determined that it would have no obligation at such time to issue such Letter of Credit (as extended) under the terms hereof.