Letter of Credit Termination Date definition

Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.
Letter of Credit Termination Date means the date which is seven (7) days prior to the Maturity Date or if such day is not a Business Day, the next preceding Business Day.
Letter of Credit Termination Date means the later of: (i) that date upon which the Letter of Credit shall expire or terminate pursuant to its terms; or (ii) that date to which the expiration or termination of the Letter of Credit may be extended, from time to time, either by extension or renewal of the existing Letter of Credit or the issuance of a Substitute Letter of Credit.

Examples of Letter of Credit Termination Date in a sentence

  • Within the foregoing limits, and subject to the other terms and conditions hereof, the ability of the Borrowers to obtain Letters of Credit shall be fully revolving, and, accordingly, the Borrowers may, prior to the Letter of Credit Termination Date, obtain Letters of Credit to replace Letters of Credit which have expired or which have been drawn upon and reimbursed.


More Definitions of Letter of Credit Termination Date

Letter of Credit Termination Date has the meaning provided in Section 6.1(a).
Letter of Credit Termination Date means the tenth day preceding the Termination Date.
Letter of Credit Termination Date means the tenth Domestic Business Day prior to the Revolving Credit Termination Date.
Letter of Credit Termination Date means the later of (i) that date upon which the Letter of Credit shall expire or terminate pursuant to its terms, or (ii) that date to which the expiration or termination of the Letter of Credit may be extended, from time to time, either by extension or renewal of the existing Letter of Credit or the issuance of a Substitute Letter of Credit.
Letter of Credit Termination Date means, with respect to each Issuing Bank, the tenth Business Day prior to the Termination Date applicable to such Issuing Bank.
Letter of Credit Termination Date has the meaning given to such term in Section 2.03.
Letter of Credit Termination Date means the 5th day prior to the Maturity Date.