Final Maturity. The Banks' liabilities under all Documentary Credits and LOI must be reduced to zero (or cash collateral as determined by the Bank must be provided) latest on Expiration Date, unless extended.
Appears in 1 contract
Sources: Uncommitted Letter of Credit Facility Agreement (Tesoro Corp /New/)
Final Maturity. The Banks' liabilities under all Documentary Credits and LOI must be reduced to zero (or cash collateral as determined by the Bank must be provided) and all Advances and Cash Advances must be reimbursed latest on Expiration Date, unless extended.
Appears in 1 contract
Sources: Uncommitted Letter of Credit Facility Agreement (Tesoro Corp /New/)
Final Maturity. The Banks' liabilities under all Documentary Credits and LOI must be reduced to zero (or cash collateral as determined by the Bank must be provided) and all Advances must be reimbursed latest on Expiration Date, unless extended.
Appears in 1 contract
Sources: Uncommitted Letter of Credit Facility Agreement (Tesoro Corp /New/)