Auto-Renewal Letter of Credit definition

Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).
Auto-Renewal Letter of Credit has the meaning assigned to such term in Section 2.06(c).
Auto-Renewal Letter of Credit means a Letter of Credit with an initial expiry date of one year or less after the date of its issuance that has automatic renewal provisions.

Examples of Auto-Renewal Letter of Credit in a sentence

  • Notwithstanding the above, nothing in this Section 3.01(d) shall limit the ability of the respective Issuing Bank to exercise any of its rights with respect to any Auto-Renewal Letter of Credit after the termination of this Agreement.


More Definitions of Auto-Renewal Letter of Credit

Auto-Renewal Letter of Credit shall have the meaning assigned to such term in Section 2.25(c).
Auto-Renewal Letter of Credit has the meaning specified in Section 3.01(d).
Auto-Renewal Letter of Credit has the meaning attributed thereto in Section 6.2(c).
Auto-Renewal Letter of Credit has the meaning specified in Section 2.04(b)(iii) (Procedures for Issuance and Amendment of Letters of Credit; Auto-Renewal Letters of Credit).
Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii). “Available Amount” means, at any time (the “Reference Date”), the sum of:
Auto-Renewal Letter of Credit has the meaning specified in Section 3.1(b)(iii). Harbor Hydro I Credit Agreement
Auto-Renewal Letter of Credit shall have the meaning assigned to such term in Section 3.18.