Tenor. Each Standby Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve (12) months or (b) the expiration date of the Contract Period. Each Merchandise Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve (12) months or (b) the expiration date of the Contract Period.
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Tenor. Each Standby Letter of Credit shall have a term not ----- to exceed the earlier to occur of: (a) twelve (12) months months, or (b) the expiration date of the Contract Period. Each Merchandise Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve ninety (1290) months days, or (b) the expiration date of the Contract Period.
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Tenor. Each Standby Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve (12) months months, or (b) thirty (30) days prior to the expiration date of the Contract Period. Each Merchandise Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve ninety (1290) months days, or (b) thirty (30) days prior to the expiration date of the Contract Period.
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Tenor. Each Standby Letter of Credit shall have a term not to exceed the earlier to occur of: (a) twelve (12) months months, or (b) the expiration date of the Contract Period. Each Merchandise Letter of Credit shall have a term not tenth (10th) Business Day prior to exceed the earlier to occur of: (a) twelve (12) months or (b) the expiration date of the Contract Period.
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Samples: Loan and Security Agreement (Access Worldwide Communications Inc)