Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Revolving Maturity Date; provided that any Letter of Credit may contain customary automatic renewal provisions agreed upon by the Borrower and the applicable Issuing Bank pursuant to which the expiration date of such Letter of Credit shall automatically be extended for a period of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of ​ and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.

Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date that is one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Revolving Maturity Date; provided that any Letter of Credit may contain customary automatic renewal provisions agreed upon by the Borrower and the applicable Issuing Bank pursuant to which the expirationif such expiry date ofis not a Business Day, such Letter of Credit shall automatically be extended for a period of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earliernext succeeding Business Day; provided, however, that any Letter of #Credit may, upon the date one year after the daterequest of the issuance ofa Borrower, include a provision whereby such Letter of Credit (or, in the caseshall be renewed automatically for additional consecutive periods of any renewal or extension thereof, one year after such renewal or extension) and #less (but not beyond the date that is five Business Days prior to the SubsequentRevolving Maturity Date.Date) unless the applicable Issuing Bank notifies the beneficiary thereof within the time period specified in such Letter of Credit or, if no such time period is specified, at least 30 days prior to the then-applicable expiration date, that such Letter of Credit will not be renewed.

Expiration Date. Each Letter of Credit shall expire (or be subject to termination or non-renewal by notice from the relevant Issuing Bank to the beneficiary thereof) at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five (5) Business Days prior to the Revolving Maturity Date; provided that any Letter of Credit with a one-year tenor may contain customary automatic renewal provisions agreed upon by the Borrower​ and the applicablerelevant Issuing Bank pursuant to whichthat provide for the expiration date of such Letter of Creditrenewal thereof for additional one-year periods (which shall automatically be extended for a period of up to 12 months (but not to a date later thanin no event extend beyond the date set forthreferenced in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of ​ and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.renewal.

Expiration Date. Each Letter of Credit shallwill expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Revolving Maturity Date; provided that any Letter of Credit may contain customary automatic renewalextension provisions agreed upon by the applicable Borrower and the applicable Issuing Bank pursuant to which the expiration date of such Letter of Credit shall automatically be extended for a period of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewalextension from occurring by giving notice to the beneficiary thereof at least 30 days (or such longer period specified in the applicable Letter of Credit) in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.extension.

Expiration Date. Each Letter of Credit shall expire (or be subject to termination or non-renewal by notice from the applicable Issuing Bank to the beneficiary thereof) at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any one-time renewal or extension thereof, including any automatic renewal provision, one year after such renewal or extension) and # the date that is five (5) Business Days prior to the Revolving Maturity Date; provided thatprovided, that, upon the Borrower’s request, any such Letter of Credit which is issued in the final year prior the Maturity Date may contain customary automatic renewal provisions agreed uponhave an expiry date which is up to one year after the Maturity Date if, at least five (5) Business Days prior to the Maturity Date, the Borrower # deposits with the Administrative Agent cash collateral (which cash collateral shall be in Dollars or, if such Letter of Credit was issued in an Alternate Currency, such currency as determined by the BorrowerAdministrative Agent and the applicable Issuing Bank) in an amount equal to 103% of the amount of the LC Exposure as of such date plus accrued and unpaid interest thereon or # provides a backup standby letter of credit, in each case, reasonably satisfactory to the relevant Issuing Bank. Each Letter of Credit with automatic extension or renewal provisions shall, subject to the right of the respective Issuing Bank pursuant to whichterminate such automatic renewal in accordance with the expiration dateterms of such Letter of Credit shallupon the occurrence of an Event of Default, be automatically be extendedrenewed for a successive one-year period on each anniversary of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right onof the partissuance of such Issuing Bank to prevent any such renewal from occurringLetter of Credit, until cancelled by givingthe Borrower by notice to the beneficiaryapplicable Issuing Bank in advanceaccordance with the terms of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit agreed upon at the time such Letter of Credit is issued; provided, that such Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five (5) Business Days prior to the Subsequent Maturity Date.Date if not earlier cancelled, unless otherwise agreed with the relevant Issuing Bank and subject to satisfactory arrangements with respect thereto as contemplated above.

Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one yeartwelve months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one yeartwelve months after such renewal or extension)extension, so long as such renewal or extension occurs within three months of such then current expiration date) and # the date that is five Business Days prior to the Revolving MaturityCommitment Termination Date; providedprovided, however, that any Letter of Credit may contain customary automatic renewal provisions agreedwith a one-year term may, upon by the Borrower andrequest of the applicable Issuing Bank pursuant to which the expiration date ofBorrower, include a provision whereby such Letter of Credit shall be renewed automatically be extended for a periodadditional consecutive periods of up to 12 monthsone year or less (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and #beyond the date that is five Business Days prior to the Subsequent Maturity Date.Commitment Termination Date) unless the Issuing Bank notifies the beneficiary thereof at least 30 days prior to the then-applicable expiration date that such Letter of Credit will not be renewed; provided, further, however, that a Letter of Credit may expire after the date that is five Business Days prior to the Commitment Termination Date, subject to the Borrower’s obligation to cash collateralize such Letter of Credit as provided in the last paragraph of [Section 2.09(a)].

Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one yeartwelve months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Revolving MaturityFacility Commitment Termination Date; providedprovided, that anya Letter of Credit may contain customaryprovide for the automatic renewal provisions agreed upon by the Borrower and the applicable Issuing Bank pursuant to which the expiration date of such Letter of Creditthereof for additional one-year periods (but shall automatically be extended for a period of up to 12 months (but not to a date later thanin no event extend beyond the date set forthreferred to in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date..

Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five (5) Business Days prior to the Revolving Maturity Date; provided thatthat, subject to satisfaction of conditions applicable to renewals of Letters of Credit herein, any Letter of Credit with a one-year tenor may contain customaryprovide for the automatic renewal provisions agreed upon by the Borrower and the applicable Issuing Bank pursuant to which the expiration date of such Letter of Creditthereof for additional one-year periods (which, in no event, shall automatically be extended for a period of up to 12 months (but not to a date later thanextend beyond the date set forthreferred to in [clauseclause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.this paragraph).

Expiration Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of # the date one yeartwelve (12) months after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one yeartwelve (12) months after the then-current expiration date of such Letter of Credit, so long as such renewal or extension) and # the date that is five Business Days prior to the Revolving Maturity Date;extension occurs within three (3) months of such then-current expiration date); provided that any Letter of Credit with a one (1) year term may contain customary automaticprovide for the renewal provisions agreed upon bythereof for additional one (1) year periods; provided further, that # in no event shall a Letter of Credit expire after the Commitment Termination Date unless the Borrower # either # deposits, no later than five (5) Business Days prior to the Commitment Termination Date, into the Letter of Credit Collateral Account, Cash in an amount equal to 100% of the undrawn face amount of all Letters of Credit that remain outstanding as of the close of business on the Commitment Termination Date or # supports such Letter of Credit with another letter of credit pursuant to arrangements reasonably satisfactory to the Issuing Bank and the applicable Issuing Bank pursuantAdministrative Agent, and # pays in full, on or prior to which the Commitment Termination Date, all commissions required to be paid with respect to any such Letter of Credit through the then-current expiration date of such Letter of Credit shall automatically be extended for a period of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a# no Letter of Credit that shall expire at or prior to the close of business on the earlier of # thehave an expiry date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.

Expiration Date. Each Letter of Credit shall by its terms expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Revolving Maturity Date; provided that # any Letter of Credit may contain customary automatic renewal or extension provisions agreed upon by the Borrower and the applicable Issuing Bank pursuant to which the expiration date of such Letter of Credit shall automatically be extended for a period of up to 12 months (but not to a date later than the date set forth in [clause (ii) above]), subject to a right on the part of such Issuing Bank to prevent any such renewal from occurring by giving notice to the beneficiary in advance of any such renewal; and provided further that if there exist any Extended Revolving Commitments having a maturity date later than the Revolving Maturity Date (the “Subsequent Maturity Date”), then, so long as the aggregate LC Exposure in respect of Letters of Credit expiring after the Revolving Maturity Date will not exceed the lesser of $20,000,000 and the aggregate amount of such Extended Revolving Commitments, the Borrower may request the issuance of a Letter of Credit that shall expire at or prior to the close of business on the earlier of # the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and # the date that is five Business Days prior to the Subsequent Maturity Date.