Letter of Credit Maturity Date definition
Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date.
Letter of Credit Maturity Date means the fifth Business Day prior to the Maturity Date.
Examples of Letter of Credit Maturity Date in a sentence
Upon the written request of the Required Revolving Credit Lenders if, as of the applicable Letter of Credit Maturity Date, (i) there are any applicable Letters of Credit Outstanding or (ii) the provisions of Section 2.16(b)(ii) are in effect, the Borrower shall promptly Cash Collateralize the applicable Letters of Credit Outstanding (determined in the case of Cash Collateral provided pursuant to clause (ii) above, after giving effect to Section 2.16(b)(i)).
The Specified Letter of Credit Commitment of each Letter of Credit Issuer shall terminate on the applicable Letter of Credit Maturity Date.
More Definitions of Letter of Credit Maturity Date
Letter of Credit Maturity Date means the Revolving Loan Maturity Date.
Letter of Credit Maturity Date means the date that is five (5) Business Days prior to the Revolving Credit Maturity Date.
Letter of Credit Maturity Date means the date which is 5 Business Days prior to the Maturity Date.
Letter of Credit Maturity Date the Revolving Termination Date.
Letter of Credit Maturity Date means the date of expiration of the Initial Letter of Credit which is September 15, 2000, unless extended or renewed, or if the Initial Letter of Credit has been replaced with an Alternate Letter of Credit, then the expiration date of the Alternate Letter of Credit;
Letter of Credit Maturity Date means the date which is 10 Business Days prior to the Revolving Maturity Date, but, as to any Letter of Credit issued or to be issued by any Issuing Lender, without giving effect to the parenthetical phrase in the definition of “Revolving Maturity Date” unless the applicable Additional Credit Extension Amendment has been consented to in writing by such Issuing Lender.
Letter of Credit Maturity Date means the maturity date as set forth in the Master Letter of Credit Agreement.