Examples of Scheduled Revolving Credit Commitment Termination Date in a sentence
Accrued commitment fees under this subsection 2.7 shall be payable on the Quarterly Dates and on the earlier of the date the Canadian Commitments are terminated and the Scheduled Revolving Credit Commitment Termination Date.
No Accommodation (other than the Bank Guarantee Letters of Credit) shall have an expiry or maturity date more than one year after its date of issuance or creation; PROVIDED, that, any Specified Letter of Credit (other than the Bank Guarantee Letters of Credit) may provide for the renewal thereof for additional periods not to exceed one (1) year (which shall in no event extend beyond the Scheduled Revolving Credit Commitment Termination Date).
Each Specified Accommodation shall (i) be (w) the Bank Guarantee Letters of Credit, (x) a Standby L/C, (y) a Trade L/C or (z) a bankers' acceptance, to the extent included in the Specified Accommodation Commitment and (ii) expire or mature no later than five (5) Business Days prior to the Scheduled Revolving Credit Commitment Termination Date.
Each Specified Accommodation shall (i) be (w) the Chips Letter of Credit, (x) a Standby L/C, (y) a Trade L/C or (z) a bankers' acceptance, to the extent included in the Specified Accommodation Commitment and (ii) expire or mature no later than five (5) Business Days prior to the Scheduled Revolving Credit Commitment Termination Date.
Each Letter of Credit shall have an expiration date which shall be not later than the earlier of (i) twelve months after the date of issuance thereof or (ii) five Business Days before the Scheduled Revolving Credit Commitment Termination Date.
Each Letter of Credit shall have an expiration date which shall be not later than the earlier of (i) twelve months after the date of issuance thereof or (ii) (A) with respect to each Standby Letter of Credit, one Business Days before the Scheduled Revolving Credit Commitment Termination Date, and (B) with respect to each Trade Letter of Credit, thirty days before the Scheduled Revolving Credit Commitment Termination Date.
Accrued commitment fees under this subsection 2.7 shall be payable on the last day of each of March, June, September and December and on the earlier of the date the Canadian Commitments are terminated and the Scheduled Revolving Credit Commitment Termination Date.
Each Revolving Letter of Credit shall (i) be (x) a Standby L/C or (y) a Trade L/C, and (ii) expire or mature no later than five (5) Business Days prior to the Scheduled Revolving Credit Commitment Termination Date.
Each Bankers' Acceptance shall have a term of 30, 60, 90 or 180 days (or such shorter or longer term as shall be agreed to by all of the Canadian Lenders), shall mature on or before the Scheduled Revolving Credit Commitment Termination Date and shall be in form and substance reasonably satisfactory to each Canadian Lender.
In all other events, the then existing Scheduled Revolving Credit Commitment Termination Date shall not be extended and shall remain in full force and effect until such time, if any, as the same may be extended pursuant to a subsequent extension request.