Common use of Terms of Letters of Credit Clause in Contracts

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 one hundred twenty (120) days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, -------------------------- terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration DateJune 15, 1998.

Terms of Letters of Credit. The proposed amount, terms and -------------------------- conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Agent and the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Revolving Credit Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and -------------------------- conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and -------------------------- conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Agent and the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days or, with the prior consent of the Agent, 180 days. No Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Agent and the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 364 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No standby Letter of Credit shall have an expiry date later than five (5) the Business Days Day prior to the Expiration Date and no documentary Letter of Credit shall have an expiry date later than 90 days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Agent and the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No standby Letter of Credit shall have an expiry date later than five (5) Business Days prior to the Expiration Date and no documentary Letter of Credit shall have an expiry date later than 60 days prior to the Expiration Date.

Terms of Letters of Credit. The proposed amount, terms and conditions, and form of each Letter of Credit (and of any drafts or acceptances thereunder) shall be subject to approval by the Issuing Bank. The term of each standby Letter of Credit shall not exceed 360 days, but may be subject to annual renewal. The term of each documentary Letter of Credit shall not exceed 120 days. No Letter of Credit , and in any event shall have an expiry date not later than five (5) Business Days prior to the Expiration Date.