L/C Maturity Date definition

L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

L/C Maturity Date means the date that is five Business Days prior to the Maturity Date.

L/C Maturity Date means the earlier of (a) the fifth Business Day prior to the Specified Maturity Date and (b) the Revolving Credit Maturity Date.

Examples of L/C Maturity Date in a sentence

• The Revolving Credit Commitments and the LC Commitment shall be automatically terminated at 5:00 p.m., New York City time, on the Revolving Credit Maturity Date and the LC Maturity Date, respectively.

• The Specified Revolving Letter of Credit Commitment of each Revolving Letter of Credit Issuer shall terminate on the applicable Revolving L/C Maturity Date.

• No Facility LC shall have an expiry date later than the earlier of (x) the fifth Business Day prior to the Facility Termination Date and (y) one year after its issuance (the "Facility LC Maturity Date"), provided that any Facility LC with a one-year tenor may provide for the renewal thereof for additional one-year periods (but in no event beyond the date referred to in clause (x) above).

• The outstanding amount of any unpaid reimbursement obligations of the Borrower shall be payable (together with any accrued but unpaid interest and fees with respect thereto) by the Borrower on the LC Maturity Date.

• Also, gasoline used in HEVs and PHEVs does not count toward agency alternative fuel use requirements (but will count toward an agency’s petroleum use when used in subject vehicles).

More Definitions of L/C Maturity Date

L/C Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date. “L/C Participant” shall have the meaning provided in Section 3.3(a).

L/C Maturity Date as defined in Section 2.3(a).

L/C Maturity Date means the earlier of (a) the first anniversary of the Commitment Termination Date and (b) the first date after the Commitment Termination Date on which the aggregate Letter of Credit Exposure is zero.

L/C Maturity Date means the date that is five Business Days prior to the Maturity Date. “L/C Obligations” shall mean, as at any date of determination, the aggregate amount available to be drawn under all

L/C Maturity Date means the date that is ten Business Days prior to the Maturity Date.

L/C Maturity Date means the date that is five (5) Business Days prior to the Revolving Maturity Date.

L/C Maturity Date means (a) with respect to any Initial Letter of Credit, the Initial L/C Maturity Date and (b) with respect to any Renewal Letter of Credit, the Renewal L/C Maturity Date.