Letter of Credit Availability Period definition

Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.
Letter of Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of (a) the date five Business Days prior to the Revolving Credit Maturity Date and (b) the termination of the Revolving Credit Commitments of the Lenders in accordance with the terms hereof.
Letter of Credit Availability Period means the period as may be agreed in writing by the Letter of Credit Issuer, Borrower, and all Lenders but not to extend beyond the final Maturity Date.

Examples of Letter of Credit Availability Period in a sentence

  • Subject to the terms and conditions set forth herein, any Borrower may request the issuance of Letters of Credit for its own account, in a form reasonably acceptable to the LC Issuer at any time and from time to time during the Letter of Credit Availability Period denominated in Dollars or in one or more Alternative Currencies.

  • Availability Period and/or PPA Letter of Credit Availability Period.

  • USPS CASS certified address standardization and zip +4 coding of the packets.

  • Subject to the terms and conditions set forth herein, any Borrower may request the issuance of Letters of Credit for its own account or the account of any Guarantor, in a form reasonably acceptable to the LC Issuer at any time and from time to time during the Letter of Credit Availability Period denominated in Dollars or in one or more Alternative Currencies.

  • On the terms and conditions set forth in this Agreement, the LC Issuing Bank agrees to issue letters of credit (each a "Letter of Credit") any time during the Letter of Credit Availability Period up to an aggregate undrawn face amount of all such Letters of Credit outstanding at any one time equal to the lesser of: (a) the LC Commitment Amount; or (b) the Aggregate Commitment less the principal amount committed under all Underlying Loans then outstanding.


More Definitions of Letter of Credit Availability Period

Letter of Credit Availability Period means the period from and including the Effective Date and ending on the sixth Business Day before the earlier of the Revolving Credit Maturity Date and the date of termination of the Revolving Commitment.
Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date. “Letter of Credit Fees”: as defined in Section 3.3(a). “Letter of Credit Fronting Fees”: as defined in Section 3.3(a). “Letter of Credit Maturity Date”: the date occurring fifteen (15) days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day). “Lien”: any mortgage, deed of trust, pledge, hypothecation, collateral assignment, deposit arrangement, encumbrance, lien (statutory or other), charge or other security interest or any preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement and any capital lease having substantially the same economic effect as any of the foregoing). “Limited Condition Acquisition”: any Permitted Acquisition or similar permitted Investment, the consummation of which is not conditioned on the availability of, or on obtaining, third party financing; provided, that, in the event the consummation of any such Permitted Acquisition or similar permitted Investment shall not have occurred on or prior to the date that is 120 days following the signing of the applicable Limited Condition Acquisition Agreement, such Permitted Acquisition shall no longer constitute a Limited Condition Acquisition for any purpose unless such Permitted Acquisition or other permitted Investment is still pending subject only to receipt of applicable regulatory approvals. “Limited Condition Acquisition Agreement”: any agreement providing for a Limited Condition Acquisition. “Liquidity”: at any time, the sum of (a) cash and Cash Equivalents of the Loan Parties that would not appear as “restricted” on a consolidated balance sheet of Holdings and its Subsidiaries plus (b) the Available Revolving Commitment at such time.
Letter of Credit Availability Period means the period from and including the L/C Facility Closing Date to but excluding the date that is five Business Days prior to the Maturity Date.
Letter of Credit Availability Period the period from the Closing Date until the date that is 30 days prior to the Payment Date.
Letter of Credit Availability Period means the period from and including the Effective Date to but excluding the Tranche A Revolving Credit Facility Maturity Date.
Letter of Credit Availability Period means the period commencing on the Closing Date and ending on November 10, 2017 (or such later date (not to exceed the Maturity Date) as may be agreed in writing by the Letter of Credit Issuer and the Borrower).
Letter of Credit Availability Period means the period from and including the Effective Date to and including the fifth Business Day prior to the Letter of Credit Limit Date.