Expiry Dates. No Letter of Credit shall have an expiry date later than the fifth Domestic Business Day prior to the Termination Date. Subject to the preceding sentence:
(i) each Letter of Credit shall, when issued, have an expiry date on or before the first anniversary of the date on which it is issued; and
(ii) the expiry date of any Letter of Credit may, at the request of the Borrower, be extended from time to time for a period not exceeding one year so long as the LC Agent agrees to so extend such Letter of Credit (or, in the case of an "evergreen" Letter of Credit, its right to give a notice to prevent the extension thereof expires) no earlier than three months before the then existing expiry date thereof.
Expiry Dates. No Letter of Credit shall have an expiry date later than the fifth Domestic Business Day before the Maturity Date. Subject to the preceding sentence, each Letter of Credit issued hereunder shall expire on or before the first anniversary of the date of such issuance; PROVIDED that, subject to the first sentence of this clause (e), the expiry date of any Letter of Credit may be extended from time to time at the Borrower's request, so long as such extension is for a period not exceeding one year and is granted (or the last day on which notice can be given to prevent such extension occurs) no earlier than three months before the then existing expiry date thereof.
Expiry Dates. No Letter of Credit shall have an expiry date later than the fifth (5th) Business Day before the Lines of Credit Termination Date. Subject to the preceding sentence, each Letter of Credit issued hereunder shall expire on or before the anniversary of the date of such issuance; provided, that the expiry date of any Letter of Credit may be extended from time to time at the Borrowers' request and with the Bank's consent for a period not exceeding one year.
Expiry Dates. No Letter of Credit shall have an expiry date later than the fifth Business Day before the Stated Maturity Date.
Expiry Dates. The Company, a Restricted Subsidiary or an Approved Joint Venture, as applicable, shall have no right to obtain issuance of Letters of Credit which have an expiration date later than the earlier of (i) the Revolving Credit Termination Date or (ii) 24 months from issuance of such Letter of Credit.
Expiry Dates. Each Standby Letter of Credit shall provide that it expires no later than the close of business seven days prior to the expiration date for the Revolving Line of Credit, unless such Standby Letter of Credit expires by its terms on an earlier date.
Expiry Dates. Each Letter of Credit shall have an expiry date of the earlier of the date which is one (1) year after the issuance of such Standby Letter of Credit and the date that is fourteen (14) Business Days prior to the Maturity Date, unless such Letter of Credit expires by its terms on an earlier date.
Expiry Dates. Each Letter of Credit shall expire at the close of business on the earlier of the date one (1) year after the date of the issuance of such Letter of Credit or the date that is five (5) Business Days prior to the Maturity Date of the L/C Commitment, unless such Letter of Credit expires by its terms on an earlier date.
Expiry Dates. Each Letter of Credit shall have an expiry date of the earlier of (i) the date which is not later than one hundred eighty (180) days after the date of issuance and (ii) the Termination Date of the Revolving Loan Commitment.
Expiry Dates. No Letter of Credit (other than the Existing Letter identified on Schedule 2.01, the expiry date of which shall be automatically extended to January 31, 2006) shall have an expiry date later than the fifth Domestic Business Day before the Termination Date; provided, that the expiry date of any Letter of Credit may be extended at the Borrower's request delivered pursuant to Section 2.01(f) so long as such extension has been approved by all of the Lenders.
