LC Termination Date definition

LC Termination Date means, at any time, the fifth Business Day prior to the earliest Termination Date then in effect as to any Lender.

LC Termination Date means the Existing Facility Maturity Date, unless extended pursuant to a Facility Amendment signed by the Issuing Bank.

LC Termination Date means the earlier of (a) the L/C Expiration Date and (b) the date of receipt by the Letter of Credit Agent of a notice from the Administrative Agent in the form of Annex 2 to the Letter of Credit.

Examples of LC Termination Date in a sentence

• On the LC Termination Date, Landlord shall return to Tenant the Letter of Credit and any Letter of Credit Proceeds then held by Landlord (other than those Letter of Credit Proceeds Landlord is entitled to retain under the terms of this Paragraph 7(a)); provided, however, that in no event shall any such return be construed as an admission by Landlord that Tenant has performed all of its obligations hereunder.

• It is understood that neither the Issuing Bank nor any LC Lender shall have any obligation whatsoever to agree to any request made by the Borrower for an extension of the LC Termination Date.

• The Agent shall promptly notify the Issuing Bank and each LC Lender of such request, and the Issuing Bank and each LC Lender shall in turn, within 20 days prior to such LC Termination Date, notify the Borrower and the Agent in writing regarding whether the Issuing Bank or such LC Lender (as the case may be) will consent to such extension.

• Subject to the terms and conditions set forth herein and in Section 2.12(d), the Borrower may request the issuance of Letters of Credit denominated in dollars for its own account (or for the account of any Subsidiary other than NMTC Subsidiaries), in a form reasonably acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to time during the period from the Fourth Restatement Closing Date to the third day prior to the LC Termination Date.

• Drafts drawn under a Letter of Credit may be sight drafts or time drafts; provided, however, that no draft shall have a maturity date later than 365 days after the L/C Termination Date.

More Definitions of LC Termination Date

LC Termination Date means, subject to Section 3.11 hereof, June 30, 1998, or the earlier date of termination in whole of the LC Commitments pursuant to Section 3.09 or Section 8.01.

LC Termination Date means, at any time, the date that is the fifth Euro-Currency Business Day prior to the latest Maturity Date then in effect as to any Letter of Credit issued in an Alternative Currency and, at any time, the date that is the fifth Domestic Business Day prior to the latest Maturity Date then in effect as to any Letter of Credit issued in Dollars.

LC Termination Date is defined in Section 9.1(a).

LC Termination Date means, at any time, the date that is the fifth Euro-Currency Business Day prior to the latest Maturity Date then in effect as to any Lender.

LC Termination Date means the Existing Facility Maturity Date, unless extended pursuant to a Facility Amendment signed by the Issuing Bank. 0000000.29\C072091\0303228

LC Termination Date means the earlier of (a) April 15, 2011, and (b) the acceleration of maturity of the LC Facility in accordance with Section 12 of this Agreement.

LC Termination Date means the Revolving Credit Termination Date.