Credit Expiration Date definition

Credit Expiration Date means September 1, 1998, as such date may be extended, accelerated or amended pursuant to this Agreement.
Credit Expiration Date means the day that is seven (7) Business Days prior to the Maturity Date (or, if such day is not a Business Day, the next preceding Business Day).
Credit Expiration Date means July, 31, 2014.”

Examples of Credit Expiration Date in a sentence

  • Such fronting fee shall be due and payable on the tenth Business Day after the end of each March, June, September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.

  • Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears.

  • Letter of Credit Fees shall be (i) computed on a quarterly basis in arrears and (ii) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.

  • Upon the request of the Administrative Agent, (i) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (ii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

  • Such letter of credit fees shall be due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.


More Definitions of Credit Expiration Date

Credit Expiration Date means either: ----------------------
Credit Expiration Date means July 31, 2020.
Credit Expiration Date means November 25, 2007.
Credit Expiration Date means April 30, 2001.
Credit Expiration Date means the date which is five Business Days before the Credit Facility (1) is to terminate or expire, including any extension of such date, unless provision has been made in accordance with Section 2.7(d) of the Resolution for the delivery of an Alternate Credit Facility which does not result in the ratings then in effect on the Bonds being reduced or withdrawn; and (2) five Business Days prior to the effective date of an Alternate Credit Facility for which the Metropolitan Government has not received a Rating Confirmation Notice.
Credit Expiration Date. The date that first occurs: (i) February 28, 2005, or (ii) the date on which the Facility is terminated pursuant to Section 9.2.
Credit Expiration Date means the Commitment Expiration Date or such earlier date as provided in Section 9.