Letter of Credit Maturity Date definition

Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date.
Letter of Credit Maturity Date means the fifth Business Day prior to the Maturity Date.

Examples of Letter of Credit Maturity Date in a sentence

  • Such fronting fee shall be due and payable in full by Borrower to the applicable Issuing Lender, with respect to each Letter of Credit, quarterly in arrears 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 Maturity Date and thereafter on demand.


More Definitions of Letter of Credit Maturity Date

Letter of Credit Maturity Date means the Revolving Loan Maturity Date.
Letter of Credit Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.
Letter of Credit Maturity Date means the date that is 5 days prior to the Revolving Maturity Date.
Letter of Credit Maturity Date the Revolving Termination Date.
Letter of Credit Maturity Date means the date which is 10 Business Days prior to the Revolving Maturity Date, but, as to any Letter of Credit issued or to be issued by any Issuing Lender, without giving effect to the parenthetical phrase in the definition of “Revolving Maturity Date” unless the applicable Additional Credit Extension Amendment has been consented to in writing by such Issuing Lender.
Letter of Credit Maturity Date means the date of expiration of the Initial Letter of Credit which is September 15, 2000, unless extended or renewed, or if the Initial Letter of Credit has been replaced with an Alternate Letter of Credit, then the expiration date of the Alternate Letter of Credit;
Letter of Credit Maturity Date means as defined in Section 2.11.