Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 8 contracts
Samples: Unsecured Credit Agreement (Xl Group LTD), Secured Credit Agreement (Xl Group LTD), Secured Credit Agreement (Xl Group PLC)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 8 contracts
Samples: Secured Credit Agreement (Xl Group LTD), Unsecured Credit Agreement (Xl Group LTD), Unsecured Credit Agreement (Xl Group PLC)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 6 contracts
Samples: 364 Day Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD), Day Credit Agreement (Xl Capital LTD)
Expiry Date. Each Non-Syndicated Participated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Participated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Participated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 6 contracts
Samples: Secured Credit Agreement (Xl Group PLC), Unsecured Credit Agreement (Xl Group PLC), Credit Agreement (Xl Group PLC)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 5 contracts
Samples: 364 Day Credit Agreement (Xl Capital LTD), Credit Agreement (Axis Capital Holdings L), Day Credit Agreement (Xl Capital LTD)
Expiry Date. Each Non-Syndicated Fronted Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Fronted Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Fronted Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Secured Credit Agreement (Xl Group LTD), Unsecured Credit Agreement (Xl Group LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided PROVIDED that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Security Capital Assurance LTD), Credit Agreement (Security Capital Assurance LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided PROVIDED that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Security Capital Assurance LTD), Credit Agreement (Security Capital Assurance LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after each such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.
Appears in 1 contract
Expiry Date. Each Non-Syndicated Committed Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in provided that such Committed Letter of Credit may contain “evergreen” provisions for the case of any renewal or extension thereof, thereof to a date one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an the then current expiry date later than the first anniversary of the Commitment Termination Datethereof) or (ii) December 31, 2010.”
Appears in 1 contract
Samples: Letter of Credit and Reimbursement Agreement (Lincoln National Corp)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non-Syndicated Letter of . Credit have an expiry date later than the first anniversary of the Commitment Termination Date.Agreement
Appears in 1 contract
Samples: Credit Agreement (Xl Capital LTD)
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after each such renewal or extension); provided that in no event shall any Non-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Dateafter December 31, 2007.
Appears in 1 contract
Expiry Date. Each Non-Syndicated Letter of Credit shall expire at or prior to the close of business on the date one year after the date of the issuance of such Non-Syndicated Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that in no event shall any Non. THREE-Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.YEAR CREDIT AGREEMENT
Appears in 1 contract
Samples: Credit Agreement (Xl Capital LTD)
