Letter of Credit Expiration Date definition

Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Expiration Date means, for Letters of Credit under the Revolving Credit Facility, the day that is five (5) Business Days prior to the scheduled Maturity Date then in effect for the Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Expiration Date means the day that is seven (7) days prior to the Maturity Date then in effect for the Revolving Facility (or, if such day is not a Business Day, the next preceding Business Day).

Examples of Letter of Credit Expiration Date in a sentence

  • Such fronting fee shall be due and payable on the last 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 last Business Day 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.


More Definitions of Letter of Credit Expiration Date

Letter of Credit Expiration Date means the day that is five Business Days prior to the Maturity Date.
Letter of Credit Expiration Date means the day that is five Business Days prior to the Termination Date.
Letter of Credit Expiration Date means the day that is three Business Days prior to the scheduled Maturity Date then in effect for the Revolving Credit Facility.
Letter of Credit Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the immediately preceding Business Day).
Letter of Credit Expiration Date means the day that is five Business Days prior to the date specified in clause (b) of the definition of "Final Maturity Date" (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Expiration Date means the date which is fifteen days prior to the Revolving Maturity Date.
Letter of Credit Expiration Date. The day that is thirty days prior to the Maturity Date (or, if such day is not a Business Day, the next preceding Business Day).