Stated Expiry Date. Each Letter of Credit shall by its terms be stated to expire on a date (its “Stated Expiry Date”) no later than the earlier to occur of (x) unless otherwise agreed to by the Issuer in its sole discretion, the first anniversary of its date of issuance (provided that (i) any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods) and (y) the date that is five Business Days prior to the Revolving Credit Termination Date.
Stated Expiry Date. Notwithstanding anything to the contrary set forth herein, the agreements of the Lender to provide financial accommodations hereunder shall expire on [ ], 2015 (the “Stated Expiry Date”), or such later date that may be agreed to from time to time in the sole discretion of Lender. Any extension of expiration date will be recorded on Lender’s ledger along with other information required by paragraphs 4 and 6.
Stated Expiry Date. The Borrower certifies that on the date of this request and on the date of the Extension of Credit proposed above (after giving effect to the requested Extension of Credit) (a) all of the representations and warranties in the Credit Documents are and will be true and correct in all material respects (unless they speak to a specific date or the facts on which they are based have been changed by transactions contemplated or expressly permitted (including as an express exception to the restrictions set forth in Article IX of the Credit Agreement) by the Credit Agreement), (b) no Material Adverse Event, Event of Default or Potential Default has or will have occurred and is or will be continuing, and (c) the amount of the Letter of Credit will not cause any of the limitations in Section 2.1 or 2.5 to be exceeded. TEPPCO PARTNERS, L.P., as Borrower By TEXAS EASTERN PRODUCTS PIPELINE COMPANY, LLC, as General Partner By Name: Title9: 9 Must be a Responsible Officer. EXHIBIT C-4 FORM OF COMPLIANCE CERTIFICATE (Borrower) FOR THE FISCAL QUARTER/YEAR ENDED (the “Subject Period”) AGENT: SunTrust Bank DATE: , BORROWER: TEPPCO PARTNERS, L.P. This notice is delivered under Section 8.1 of the Credit Agreement, dated as of June 27, 2003 (as renewed, extended, amended, supplemented or restated the “Credit Agreement”), among the Borrower, the Administrative Agent, the LC Issuing Bank, certain lenders, Wachovia Bank, National Association and Bank One, NA as Co-Syndication Agents and BNP Paribas and Key Bank, N.A. as Co-Documentation Agents. Terms defined in the Credit Agreement have the same meanings when used (unless otherwise defined) in this certificate. In my capacity as a Responsible Officer, and on behalf of the Borrower, I certify to the Administrative Agent, the LC Issuing Bank and each Lender on the date of this certificate that (a) I am a Responsible Officer, (b) the Borrower’s Financial Statements attached to this certificate were prepared in accordance with GAAP and present fairly its consolidated and (if annual Financials) consolidating financial condition and results of operation as of, and for the fiscal quarter or year, as the case may be, ended on, the last day of the Subject Period, (c) a review of the activities of the Companies during the Subject Period has been made under my supervision with a view to determining whether, during the Subject Period, the Companies performed and complied with all of their obligations under the Credit Documents, and, during th...
