Expiry Dates. Each Letter of Credit shall have an expiry date of the earlier of the date which is one (1) year after the issuance of such Standby Letter of Credit and the date that is fourteen (14) Business Days prior to the Maturity Date, unless such Letter of Credit expires by its terms on an earlier date.
Appears in 3 contracts
Sources: Loan Agreement (Qep Co Inc), Loan Agreement (Qep Co Inc), Loan Agreement (Qep Co Inc)