Commitment Termination Date and Extended Clause Samples

Commitment Termination Date and Extended. Final Maturity Date would each be extended by one year. In the event that two extension requests are exercised and accepted by all Extending Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of the Second Extension Date to provide that the definitions of Extended Commitment Termination Date and Extended Final Maturity Date would each be extended by a subsequent year. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to the First Extension Date and shall not take effect prior to the First Extension Date. The second extension request shall expire if not made on or prior to the Second Extension Date and shall not take effect prior to the Second Extension Date. There shall be no more than two (2) extension requests, resulting in total extensions no longer than two (2) years, so that the Extended Commitment Termination Date is no later than the sixth anniversary of the ThirdSixth Amendment Effective Date and the Extended Final Maturity Date is no later than the seventh anniversary date of the ThirdSixth Amendment Effective Date.