L/C Maturity Date definition

L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.
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L/C Maturity Date means the date that is five Business Days prior to the Maturity Date.
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L/C Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date. “L/C Participant” shall have the meaning provided in Section 3.3(a).
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Examples of L/C Maturity Date in a sentence

  • If so provided in the applicable Loan Modification Agreement, participations in Letters of Credit expiring after the L/C Maturity Date (without giving effect to such Loan Modification Agreement) shall be re-allocated to Accepting Lenders of the Affected Class in accordance with the terms of such Loan Modification Agreement and pursuant to such procedures as may be designated by the Administrative Agent.

  • The Revolving Credit Commitments and the LC Commitment shall be automatically terminated at 5:00 p.m., New York City time, on the Revolving Credit Maturity Date and the LC Maturity Date, respectively.

  • The Specified Revolving Letter of Credit Commitment of each Revolving Letter of Credit Issuer shall terminate on the applicable Revolving L/C Maturity Date.

  • The outstanding amount of any unpaid reimbursement obligations of the Borrower shall be payable (together with any accrued but unpaid interest and fees with respect thereto) by the Borrower on the LC Maturity Date.

  • The LC Fee shall be paid in arrears on each March 31, June 30, September 30 and December 31 and on the LC Maturity Date (or the first date on which the LC Commitment shall have expired or been terminated and there shall be no Outstanding Letters of Credit, if earlier).


More Definitions of L/C Maturity Date

L/C Maturity Date as defined in Section 2.3(a).
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L/C Maturity Date means the earlier of (a) the first anniversary of the Commitment Termination Date and (b) the first date after the Commitment Termination Date on which the aggregate Letter of Credit Exposure is zero.
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L/C Maturity Date means the date that is five Business Days prior to the Maturity Date. “L/C Obligations” shall mean, as at any date of determination, the aggregate amount available to be drawn under all
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L/C Maturity Date means (a) with respect to any Initial Letter of Credit, the Initial L/C Maturity Date and (b) with respect to any Renewal Letter of Credit, the Renewal L/C Maturity Date.
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L/C Maturity Date means the date that is ten Business Days prior to the Maturity Date.
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L/C Maturity Date means the date which is thirty (30) days prior to the Maturity Date.
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L/C Maturity Date means, at any time, the later of (i) December 31, 2004 and (ii) the latest expiration date of any Letter of Credit issued in accordance with the terms of the Credit Agreement.
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