Common use of Bank Elections to Extend Clause in Contracts

Bank Elections to Extend. Each Bank, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given not later than the date (the “Notice Date”) that is 10 Business Days after receipt of notice from the Administrative Agent of the Borrower’s request for an extension advise the Administrative Agent whether or not such Bank agrees to such extension and each Bank that determines not to so extend its Termination Date (a “Non-Extending Bank”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Date) and any Bank that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Bank. The election of any Bank to agree to such extension shall not obligate any other Bank to so agree.

Bank Elections to Extend. Each Bank, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given not later than the date (the “Notice Date”) that is 10 ten (10) Business Days after receipt of notice from the Administrative Agent of the BorrowerCompany’s request for an extension advise the Administrative Agent whether or not such Bank agrees to such extension and each Bank that determines not to so extend its Termination Date (a “Non-Extending Bank”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Date) and any Bank that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Bank. The election of any Bank to agree to such extension shall not obligate any other Bank to so agree.

Bank Elections to Extend. Each Bank, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given not earlier than 30 days prior to the Existing Termination Date and not later than the date (the “"Notice Date”") that is 10 Business Days after receipt of notice from 20 days prior to the Administrative Agent of the Borrower’s request for an extension Existing Termination Date, advise the Administrative Agent whether or not such Bank agrees to such extension (and each Bank that determines not to so extend its Termination Maturity Date (a “"Non-Extending Bank”") shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Date) and any Bank that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Bank. The election of any Bank to agree to such extension shall not obligate any other Bank to so agree.

Bank Elections to Extend. Each Bank, acting in its sole and individual discretion, shall, by notice to the Administrative Agent (with a copy of such notice to the Borrower) given not later than the date (the “Notice Date”) that is 10 Business Days after receipt of notice from 20 days prior to the Administrative Agent of the Borrower’s request for an extension First Anniversary, advise the Administrative Agent whether or not such Bank agrees to such extension (and each Bank that determines not to so extend its Commitment Termination Date (a “Non-Extending Bank”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Date) and any Bank that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Bank. The election of any Bank to agree to such extension shall not obligate any other Bank to so agree.

Bank Elections to Extend. Each Bank, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given not no later than the date (the “Notice Reply Date”) that is 10 Business Days 30 days after receipt of notice from the Administrative Agent of the Borrower’s request for an extension Notice Date, advise the Administrative Agent whether or not such Bank agrees to such extension of the Existing Maturity Date (and each Bank that determines not to so extend its Termination the Existing Maturity Date (a “Non-Extending Bank”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Reply Date)) and any Bank that does not so advise the Administrative Agent on or before the Notice Reply Date shall be deemed to be a Non-Extending Bank. The election of any Bank to agree to such any extension of the Existing Maturity Date shall not obligate any other Bank to so agree.