LC Availability Termination Date definition

LC Availability Termination Date means the earliest of (a) the 91st day prior to the scheduled Maturity Date, (b) the Acceleration Date, and (c) the earlier termination in whole of the Revolving Commitments pursuant to Section 2.05(a).

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LC Availability Termination Date means the seventh anniversary of the Execution Date.

Examples of LC Availability Termination Date in a sentence

• The Borrower may request an LC to be issued on any Business Day prior to the LC Availability Termination Date by delivery to the Issuer of a duly completed Issue Request not more than ten (10) and not fewer than three (3) Business Days before the proposed Issue Date.

• The Borrower may, for and on behalf of any of the Owners, request an LC to be issued on any Business Day prior to the LC Availability Termination Date by delivery to the Issuer of a duly completed Issue Request not more than ten (10) and not fewer than three (3) Business Days before the proposed Issue Date.