Common use of Expiry Date Clause in Contracts

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.

Appears in 8 contracts

Sources: Secured Credit Agreement (Xl Group LTD), Unsecured 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

Sources: Secured Credit Agreement (Xl Group LTD), Unsecured 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 Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.

Appears in 6 contracts

Sources: 364 Day Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD)

Expiry Date. Each 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 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 Syndicated Participated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.

Appears in 6 contracts

Sources: Secured Credit Agreement (Xl Group PLC), Unsecured Credit Agreement (Xl Group PLC), Secured Credit Agreement (Xl Group PLC)

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.

Appears in 5 contracts

Sources: 364 Day Credit Agreement (Xl Capital LTD), Letter of Credit and Reimbursement Agreement (Xl Capital LTD), 364 Day 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

Sources: Credit Agreement (Security Capital Assurance LTD), Credit Agreement (Security Capital Assurance LTD)

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.

Appears in 2 contracts

Sources: 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

Sources: Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.

Appears in 2 contracts

Sources: Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than the first anniversary of the Commitment Termination Date.. THREE-YEAR CREDIT AGREEMENT

Appears in 1 contract

Sources: Credit Agreement (Xl Capital LTD)

Expiry Date. Each 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 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 Syndicated Letter of . Credit have an expiry date later than the first anniversary of the Commitment Termination Date.Agreement

Appears in 1 contract

Sources: Credit Agreement (Xl Capital LTD)

Expiry Date. Each 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 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 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

Sources: Credit Agreement (Axis Capital Holdings LTD)

Expiry Date. Each 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 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 Syndicated Letter of Credit have an expiry date later than after the first anniversary of the Commitment Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Axis Capital Holdings LTD)