L/C Expiration Date definition
L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
L/C Expiration Date means the day that is seven (7) days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the immediately preceding Business Day).
L/C Expiration Date means, with respect to any Letter of Credit, the stated expiration date thereof (as such date may be extended from time to time in accordance with the terms of such Letter of Credit).
Examples of L/C Expiration Date in a sentence
Such Letter of Credit fees shall be due and payable on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand.
Such fronting fees shall be due and payable on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand.
More Definitions of L/C Expiration Date
L/C Expiration Date means the fifth Business Day prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
L/C Expiration Date means, with respect to any L/C, the date that is the earlier to occur of (a) three-hundred sixty-five (365) days after the date of issuance thereof and (b) the Termination Date.
L/C Expiration Date has the meaning assigned to such term in Section 2.2.1(b).
L/C Expiration Date means the day that is 7 days prior to the Maturity Date then in effect (or, if such day is not a Banking Day, the next preceding Banking Day).
L/C Expiration Date the day that is five (5) Business Days prior to the tenth (10th) anniversary of the Closing Date.
L/C Expiration Date means the day that is thirty days prior to the Committed Loan Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
L/C Expiration Date means (a) with respect to the initial L/C Expiration Date, November 15, 2012, or if such day is not a Business Day, the preceding Business Day and (b) with respect to subsequent L/C Expiration Dates, the last day of any extension of such date pursuant to Section 2.01(c) of the Letter of Credit Reimbursement Agreement, or if such day is not a Business Day, the preceding Business Day.