Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension).
Appears in 5 contracts
Samples: 364 Day Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after that is two Business Days prior to the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension)Commitment Termination Date.
Appears in 3 contracts
Samples: Credit Agreement (Xl Group PLC), Credit Agreement (Xl Group PLC), Credit Agreement (Xl Group PLC)
Expiry Date. Each Participated 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 Participated Letter of Credit (or, in provided that such Letter of Credit may contain "evergreen" provisions for the case of any renewal or extension thereof, thereof to a date not later than one year after such renewal the then current expiry date thereof) or extension)(ii) the first anniversary of the Commitment Termination Date.
Appears in 3 contracts
Samples: Credit Agreement (Lincoln National Corp), Assignment and Assumption (Lincoln National Corp), Credit Agreement (Lincoln National Corp)
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); PROVIDED that in no event shall any Participated Letter of Credit have an expiry date after the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Security Capital Assurance LTD), Credit Agreement (Security Capital Assurance LTD)
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension)) but in no event shall any Letter of Credit extend beyond the fifth Business Day prior to the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Reinsurance Group of America Inc)
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Participated Letter of Credit have an expiry date after the first anniversary of the Commitment Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Xl Capital LTD)
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after each such renewal or extension); provided that in no event shall any Participated Letter of Credit have an expiry date after the first anniversary of the Commitment Termination Date.
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Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension).
Appears in 1 contract
Samples: Credit and Reimbursement Agreement (Xl Capital LTD)
Expiry Date. Each Participated 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 Participated 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.
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Expiry Date. Each Participated Committed 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 Participated Letter of Credit or (or, in ii) the case date five Business Days prior to the Commitment Termination Date; provided that such Committed Letter of any Credit may contain “evergreen” provisions for the renewal or extension thereof, thereof to a date one year after such renewal or extension)the then current expiry date thereof.
Appears in 1 contract
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after that is two (2) Business Days prior to the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension)Commitment Termination Date.
Appears in 1 contract
Samples: Credit Agreement
Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after each such renewal or extension); provided that in no event shall any Participated Letter of Credit have an expiry date after December 31, 2007.
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Expiry Date. Each Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension).. LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT
Appears in 1 contract
Samples: Credit and Reimbursement Agreement (Xl Capital LTD)