Period of Issuance and Term of Letters of Credit. The term of any Letter of Credit issued, renewed or extended by the Bank for the account of the Borrowers hereunder shall expire not less than thirty (30) days prior to the Expiration Date.
Appears in 4 contracts
Samples: Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.)
Period of Issuance and Term of Letters of Credit. The term of any Letter Letters of Credit issued, renewed or extended shall only be issued by the Bank Issuing Banks for the account of the Borrowers hereunder shall Borrower for such terms which expire not less than thirty at least fifteen (3015) days prior to the Expiration Expiry Date.
Appears in 3 contracts
Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)
Period of Issuance and Term of Letters of Credit. The term of any Letter of Credit issued, renewed or extended issued by the Bank for the account of the Borrowers hereunder shall expire not less than thirty (30) days prior to the Expiration Date.
Appears in 1 contract
Samples: Loan Agreement (Igate Corp)
