Common use of Maximum Letter of Credit Outstandings; Final Maturities Clause in Contracts

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Credit, (x) the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, (y) the aggregate principal amount of all Revolving Loans then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $10,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Available Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate on or before the earlier of (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Multiple Draw I/Revolver Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten the tenth Business Days Day prior to the Revolving Loan Multiple Draw I/Revolver Maturity Date, Date and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof thereof, and (B) 20 30 days prior to the Revolving Loan Multiple Draw I/Revolver Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $50,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, , (ia) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective such Letter of Credit) at such time, time would exceed either (yi) $10,000,000 or (ii) when added to the sum of (A) the aggregate principal amount of all Revolving Loans then outstanding and (zB) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment Facility Amount at such time, and and (iib) each Letter of Credit shall by its terms terminate on or before the earlier of (xi) (A) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof thereof, and (Bii) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $25,000,000 or (y) when added to the sum of (I) the aggregate principal amount Principal Amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount Principal Amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each standby Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (Ax) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Final Maturity Date, on terms acceptable to the respective such Issuing Lender) and (By) ten three Business Days prior to the Revolving Loan Final Maturity Date, and (yiii) in the case each trade Letter of trade Letters of Credit, Credit shall by its terms terminate on or before the earlier of (Ax) the date which occurs 180 days after the date of the issuance thereof and (By) 20 30 days prior to the Revolving Loan Final Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $5,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the lesser of (A) the Total Revolving Loan Commitment at such time, time and (B) the Borrowing Base at such time (based on the Borrowing Base Certificate last delivered) and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten three Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 10 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $10,000,000 or (y) when added to the aggregate principal amount of all Revolving Loans made by Non-Defaulting Banks then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Adjusted Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate on or before (x) in the case of standby Standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months one year after the date of the issuance thereof (although any such standby Standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 monthsone year, but, in each case, but not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing LenderBank thereof) and (B) ten the tenth Business Days Day prior to the Revolving Loan Maturity Date, Date and (y) in the case of trade Trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days one year after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $5,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate on or before the earlier of (x) (A) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof thereof, and (y) (A) in the case of standby Letters of Credit, three Business Days prior to the Revolving Loan Maturity Date and (B) 20 in the case of trade Letters of Credit, 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $1,000,000 or (y) when added to the aggregate principal amount of all Revolving Loans then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the lesser of (A) the Borrowing Base at such time (based on the Borrowing Base Certificate last delivered) and (B) the Total Available Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (x) (A) in the case of Standby Letters of Credit, the date which occurs 12 months after the date of the issuance thereof (although any such standby Standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Final Maturity Date, on terms acceptable to the respective Issuing LenderBank) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (By) 20 days three Business Days prior to the Revolving Loan Final Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $10,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $20,000,000 or (y) when added to the aggregate principal amount of all Revolving Loans made by NonDefaulting Banks then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Adjusted Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate on or before (xA) in the case of standby Standby Letters of Credit, on or before the earlier of (Ax) the date which occurs 12 months after the date of the issuance thereof (although any such standby Standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing LenderBank thereof) and (By) ten the third Business Days Day prior to the Revolving Loan Maturity Date, Date and (yB) in the case of trade Trade Letters of Credit, on or before the earlier of (Ax) the date which occurs 180 360 days after the date of issuance thereof and (By) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $2,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $40,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth fifth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten five Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $5,000,000 or (y) when added to the aggregate principal amount of all Revolving Loans then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (x) (A) in the case of Standby Letters of Credit, the date which occurs 12 months (or, in the case of certain Standby Letters of Credit issued on the Initial Borrowing Date, 14 months) after the date of the issuance thereof (although any such standby Standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing LenderBank) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (By) 20 days thirty Business Days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $15,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each standby Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (Ax) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective such Issuing Lender) and (By) ten Business Days prior to the Revolving Loan Maturity Date, and (yiii) in the case each trade Letter of trade Letters of Credit, Credit shall by its terms terminate on or before the earlier of (Ax) the date which occurs 180 days after the date of the issuance thereof and (By) 20 30 days prior to the Revolving Loan Maturity Date. D. Section 3.01(e) of the Credit Agreement is hereby amended by deleting said Section in its entirety and substituting in lieu thereof the following new Section to read as follows:

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Credit, (x) the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, (y) the aggregate principal amount of all Revolving Loans then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $10,000,000 or (y) when added to the aggregate principal amount of all Revolving Loans made by Non-Defaulting Banks then outstanding and (z) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Adjusted Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate on or before (x) in the case of standby Standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months one year after the date of the issuance thereof (although any such standby Standby Letter of Credit shall may be extendible for successive periods of up to 12 monthsone year, but, in each case, but not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing LenderBank thereof) and (B) ten the tenth Business Days Day prior to the Revolving Loan Maturity Date, Date and (y) in the case of trade Trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days one year after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such timetime would exceed any of (x) $50,000,000, (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding, an amount equal to the Borrowing Base Amount at such time (based on the Borrowing Base Certificate last delivered or then being delivered) or (z) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding would exceed and (II) the aggregate principal amount of all Swingline Loans then outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each standby Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (Ax) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, but not beyond the tenth fifth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective such Issuing Lender) and (By) ten five Business Days prior to the Revolving Loan Maturity Date, and (yiii) in the case each trade Letter of trade Letters of Credit, Credit shall by its terms terminate on or before the earlier of (Ax) the date which occurs 180 days after the date of the issuance thereof and (By) 20 15 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $5,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each standby Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (Ax) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective such Issuing Lender) and (By) ten Business Days prior to the Revolving Loan Maturity Date, and (yiii) in the case each trade Letter of trade Letters of Credit, Credit shall by its terms terminate on or before the earlier of (Ax) the date which occurs 180 days after the date of the issuance thereof and (By) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $25,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the lesser of (A) the Borrowing Base at such time (based on the Borrowing Base Certificate last delivered) and (B) the Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate on or before the earlier of (x) (A) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Final Maturity Date, on terms acceptable to the respective such Issuing LenderBank) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of the issuance thereof and (By) 20 three Business Days (or 30 days in the case of a trade Letter of Credit) prior to the Revolving Loan Final Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $50,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $25,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and outstanding, (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed and (III) the aggregate principal amount of all Foreign Subsidiary Third Party Borrowings in excess of $15,000,000 (or the Dollar Equivalent thereof in the case of Foreign Subsidiary Third Party Borrowings incurred in a currency other than Dollars) then outstanding, an amount equal to the Total Revolving Loan Commitment at such time, time and (ii) each Letter of Credit shall by its terms terminate term inate on or before the earlier of (x) (A) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible extendable for successive periods of up to 12 months, but, in each case, but not beyond the tenth third Business Day prior to the Revolving Loan Final Maturity Date, on terms acceptable to the respective such Issuing LenderBank) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of the issuance thereof and (By) 20 three Business Days (or 30 days in the case of a trade Letter of Credit) prior to the Revolving Loan Final Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such timetime would exceed either (x) the Letter of Credit Sublimit, or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade commercial Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 days the tenth Business Day prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $20,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate on or before the earlier of (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth third Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten the third Business Days Day prior to the Revolving Loan Maturity Date, Date and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 days the 30th day prior to the Revolving Loan Maturity Date.

Maximum Letter of Credit Outstandings; Final Maturities. Notwithstanding anything to the contrary contained in this Agreement, (i) no Letter of Credit shall be issued if the sum of (w) the Stated Amount of such Letter of Creditwhich, (x) when added to the Letter of Credit Outstandings (exclusive of Unpaid Drawings which are repaid on the date of, and prior to the issuance of, the respective Letter of Credit) at such time, time would exceed either (x) $10,000,000 or (y) when added to the sum of (I) the aggregate principal amount of all Revolving Loans then outstanding and (zII) the aggregate principal amount of all Swingline Loans then outstanding would exceed outstanding, an amount equal to the Total Revolving Loan Commitment at such time, and (ii) each Letter of Credit shall by its terms terminate (x) in the case of standby Letters of Credit, on or before the earlier of (A) the date which occurs 12 months after the date of the issuance thereof (although any such standby Letter of Credit shall may be extendible for successive periods of up to 12 months, but, in each case, not beyond the tenth Business Day prior to the Revolving Loan Maturity Date, on terms acceptable to the respective Issuing Lender) and (B) ten Business Days prior to the Revolving Loan Maturity Date, and (y) in the case of trade Letters of Credit, on or before the earlier of (A) the date which occurs 180 days after the date of issuance thereof and (B) 20 30 days prior to the Revolving Loan Maturity Date.