Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).
Non-Extension Notice Date shall have the meaning assigned to such term in Section 2.05(b).
Non-Extension Notice Date shall have the meaning provided in Section 3.2(b).
Examples of Non-Extension Notice Date in a sentence
U.S. Letters of Credit: as defined in Section 2.2.1.U.S. Non-Extension Notice Date: as defined in Section 2.2.1(e).
Canadian Non-Extension Notice Date: as defined in Section 2.3.1(e).
Canadian Non-Extension Notice Date: as defined in Section 2.3.1(e).Canadian Overadvance: as defined in Section 2.1.5.Canadian Overadvance Loan: a Loan made to the Canadian Borrower when a Canadian Overadvance exists or is caused by the funding thereof.
Issuer to prevent any such extension at least once in each 12-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (hereinafter referred to as the “ Non-Extension Notice Date ”) in each such 12-month period to be agreed upon at the time such Letter of Credit is issued.
Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).
More Definitions of Non-Extension Notice Date
Non-Extension Notice Date is defined in Section 2.19.1(c).
Non-Extension Notice Date in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by such Issuing Bank, the Borrower shall not be required to make a specific request to such Issuing Bank for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) such Issuing Bank to permit the extension of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that the applicable Issuing Bank shall not permit any such extension if (A) such Issuing Bank has determined that it would not be permitted, or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.19(a) or otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is five Business Days before the Non-Extension Notice Date from the Administrative Agent, any Lender or the Borrower that one or more of the applicable conditions specified in Article 4 is not then satisfied, and in each such case directing the Issuing Bank not to permit such extension.
Non-Extension Notice Date has the meaning set forth in Section 1.5(e)(ii).
Non-Extension Notice Date shall have the meaning assigned to such term in Section 2.10.1(c) [Issuance of Letters of Credit].
Non-Extension Notice Date shall have the meaning provided in Section 3.2(d);
Non-Extension Notice Date in each such twelve-month period to be agreed upon by the Borrower and the applicable L/C Issuer at the time such Letter of Credit is issued. Unless otherwise directed by the applicable L/C Issuer, the Borrower shall not be required to make a specific request to such L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Revolving Lenders shall be deemed to have authorized (but may not require) the applicable L/C Issuer to permit the extension of such Letter of Credit at any time to an expiration date not later than the date permitted pursuant to Section 2.03(d); provided, that such L/C Issuer shall not (A) permit any such extension if (1) such L/C Issuer has determined that it would not be permitted, or would have no obligation, at such time to issue such Letter of Credit in its extended form under the terms hereof (except that the expiration date may be extended to a date that is no more than one (1) year from the then-current expiration date) or (2) it has received notice (which may be in writing or by telephone (if promptly confirmed in writing)) on or before the day that is seven (7) Business Days before the Non-Extension Notice Date from the Administrative Agent that the Required Revolving Lenders have elected not to permit such extension or (B) be obligated to permit such extension if it has received notice (which may be in writing or by telephone (if promptly confirmed in writing)) on or before the day that is seven (7) Business Days before the Non-Extension Notice Date from the Administrative Agent, any Revolving Lender or the Borrower that one or more of the applicable conditions set forth in Section 4.02 is not then satisfied, and in each such case directing any L/C Issuer not to permit such extension.
Non-Extension Notice Date has the meaning specified in Section 2.4(g).