Common use of Additional Procedures to Extend the Rejected Amount Clause in Contracts

Additional Procedures to Extend the Rejected Amount. If the Extension Request is consented to by Requisite Lenders, but fewer than all Lenders (any Lender not consenting to the Extension Request being referred to in this SECTION 2.13(a) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, notify the Accepting Lenders and Borrower of the aggregate Commitments held by the Rejecting Lenders (as used in this SECTION 2.13(a), the "REJECTED AMOUNT"). Each Accepting Lender shall have the right, but not the obligation, to elect to increase its respective Commitment by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's Commitment. If the aggregate amount of the proposed increases in the Commitment of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Lenders (as used in this SECTION 2.13(a), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments not greater than those of the Rejecting Lenders (less any increases in the Commitment of Accepting Lenders, as described in the following CLAUSE (iii)). The transfer of Commitments and outstanding Loans from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the execution, delivery, and acceptance of, an Assignment and Acceptance Agreement in accordance with the procedures set forth in SECTION 12.4.

Additional Procedures to Extend the Rejected Amount. If the Facility A Extension Request is consented to by Requisite LendersFacility A Lenders holding not less than 66-2/3% of the Facility A Commitment, but fewer than all Facility A Lenders (any Facility A Lender not consenting to the Facility A Extension Request being referred to in this SECTION 2.13(a2.5(a) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, shall promptly notify the Accepting Lenders and Borrower of the aggregate Commitments Facility A Committed Sums held by the Rejecting Lenders (as used in this SECTION 2.13(a2.5(a), the "REJECTED AMOUNT"). Each Accepting Lender shall have the rightRight, but not the obligation, to elect to increase its respective Commitment Facility A Committed Sum by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's CommitmentFacility A Committed Sum. If the aggregate amount of the proposed increases in the Commitment Facility A Committed Sums of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right Right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Facility A Lenders (as used in this SECTION 2.13(a2.5(a), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments Facility A Committed Sums not greater than those of the Rejecting Lenders (less any increases in the Commitment of Accepting Lenders, as described in the following CLAUSE (iii)). The transfer of Commitments and outstanding Loans from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the execution, delivery, and acceptance of, an Assignment and Acceptance Agreement in accordance with the procedures set forth in SECTION 12.4.in

Additional Procedures to Extend the Rejected Amount. If the Extension Request is consented to by Requisite Lenders, but fewer than all Lenders (any Lender not consenting to the Extension Request being referred to in this SECTION 2.13(a2.14(a) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, notify the Accepting Lenders and Borrower of the aggregate Commitments held by the Rejecting Lenders (as used in this SECTION 2.13(a2.14(a), the "REJECTED AMOUNT"). Each Accepting Lender shall have the right, but not the obligation, to elect to increase its respective Commitment by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's Commitment. If the aggregate amount of the proposed increases in the Commitment of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Lenders (as used in this SECTION 2.13(a2.14(a), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments not greater than those of the Rejecting Lenders (less any increases in the Commitment of Accepting Lenders, as described in the following CLAUSE (iii)). The transfer of Commitments and outstanding Loans from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the execution, delivery, and acceptance of, an Assignment and Acceptance Agreement in accordance with the procedures set forth in SECTION 12.4.

Additional Procedures to Extend the Rejected Amount. If the Extension Request is consented to by Requisite LendersLenders holding not less than 66 2/3% of the Commitment, but fewer than all Lenders (any Lender not consenting to the Extension Request being referred to in this SECTION 2.13(a2.3(a) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, notify the Accepting Lenders and Borrower of the aggregate Commitments Committed Sums held by the Rejecting Lenders (as used in this SECTION 2.13(a2.3(a), the "REJECTED AMOUNT"). Each Accepting Lender shall have the rightRight, but not the obligation, to elect to increase its respective Commitment Committed Sum by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT five days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's CommitmentCommitted Sum. If the aggregate amount of the proposed increases in the Commitment Committed Sums of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Lenders (as used in this SECTION 2.13(a2.3(a), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments Committed Sums not greater than those of the Rejecting Lenders (less any increases in the Commitment Committed Sums of Accepting Lenders, as described in the following CLAUSE (iii)). The transfer of Commitments Committed Sums and outstanding Loans Borrowings from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the execution, delivery, and acceptance of, an Assignment and Acceptance Agreement Agreements in accordance with the procedures set forth in SECTION 12.413.13.

Additional Procedures to Extend the Rejected Amount. If the Extension Request is consented to by Requisite Determining Lenders, but fewer than all Lenders (any Lender not consenting to the Extension Request being referred to in this SECTION 2.13(a2.4(A) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, notify the Accepting Lenders and Borrower of the aggregate Commitments Committed Sums held by the Rejecting Lenders (as used in this SECTION 2.13(a2.4(A), the "REJECTED AMOUNT"). Each Accepting Lender shall have the rightRight, but not the obligation, to elect to increase its respective Commitment Committed Sum by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's CommitmentCommitted Sum. If the aggregate amount of the proposed increases in the Commitment Committed Sums of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right Right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Lenders (as used in this SECTION 2.13(a2.4(A), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments Committed Sums not greater than those of the Rejecting Lenders (less any increases in the Commitment Committed Sums of Accepting Lenders, as described in the following CLAUSE (iiiIII)). The transfer of Commitments Committed Sums and outstanding Loans Borrowings from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the execution, delivery, and acceptance of, an Assignment and Acceptance Agreement Agreements in accordance with the procedures set forth in SECTION 12.411.13(B).

Additional Procedures to Extend the Rejected Amount. If the Extension Request is consented to by Requisite Determining Lenders, but fewer than all Lenders (any Lender not consenting to the Extension Request being referred to in this SECTION 2.13(a2.3(a) as a "REJECTING LENDER"), then Administrative Agent shall, within 48 hours of making such determination, notify the Accepting Lenders and Borrower of the aggregate Commitments Committed Sums held by the Rejecting Lenders (as used in this SECTION 2.13(a2.3(a), the "REJECTED AMOUNT"). Each Accepting Lender shall have the rightRight, but not the obligation, to elect to increase its respective Commitment Committed Sum by an amount not to exceed the Rejected Amount, which election shall be made by notice from each Accepting Lender to the Administrative Agent given not later than ten CREDIT AGREEMENT days after the date notified by Administrative Agent, specifying the amount of such proposed increase in such Accepting Lender's CommitmentCommitted Sum. If the aggregate amount of the proposed increases in the Commitment Committed Sums of all Accepting Lenders making such an election does not equal or exceed the Rejected Amount, then Borrower shall have the right Right to add one or more financial institutions (which are not Rejecting Lenders and which are Eligible Assignees) as Lenders (as used in this SECTION 2.13(a2.3(a), a "PURCHASING LENDER") to replace such Rejecting Lenders, which Purchasing Lenders shall have aggregate Commitments Committed Sums not greater than those of the Rejecting Lenders (less any increases in the Commitment Committed Sums of Accepting Lenders, as described in the following CLAUSE (iii)). The transfer of Commitments Committed Sums and outstanding Loans Borrowings from Rejecting Lenders to Purchasing Lenders or Accepting Lenders shall take place on the effective date of, and pursuant to the 364-DAY REVOLVING CREDIT AGREEMENT execution, delivery, and acceptance of, an Assignment and Acceptance Agreement Agreements in accordance with the procedures set forth in SECTION 12.411.13(b).