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 five Business Days prior to the Revolving Credit Maturity Date.
Letter of Credit Maturity Date means the date that is three Business Days prior to the Revolving Credit Maturity Date.

Examples of Letter of Credit Maturity Date in a sentence

  • If any Borrower requests the issuance, extension or renewal of any Letter of Credit and such Letter of Credit would have an expiration date which is after the Letter of Credit Maturity Date, no Issuer shall be required to issue, extend or renew such Letter of Credit, but may elect to do so if the requirements of this Section 2.8(j) are satisfied.


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 which is 5 Business Days prior to the Maturity Date.
Letter of Credit Maturity Date the Revolving Termination Date.
Letter of Credit Maturity Date means as defined in Section 2.11.
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 April 24, 2014.
Letter of Credit Maturity Date the date occurring fifteen (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). “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 interest 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 Guaranty”: means a customary unsecured “bad acts” guaranty for Permitted Risk Retention Facilities, Permitted Secured Financings, sponsored securitizations, warehouse facilities and other similar facilities or financings, or a guaranty or similar agreement which may cover any losses incurred after (i) the occurrence of customary “bad acts”, (ii) a bankruptcy, (iii) the incurrence of non-permitted Indebtedness and (iv) fees and expenses (x) incurred following the occurrence of customary “bad acts” or (y) related to enforcing the Limited Guaranty. “Loan”: any loan made or maintained by any Lender pursuant to this Agreement. “Loan Documents”: this Agreement, each Security Document, each Note, the Fee LetterLetters, each Assignment and Assumption, each Compliance Certificate, each Increase Joinder, each Notice of Borrowing, each Notice of Conversion/Continuation, the Solvency Certificate, the Collateral Information Certificate, each L/C-Related Document, each subordination or intercreditor agreement and any