Common use of Effective Date of Extension Clause in Contracts

Effective Date of Extension. Subject to the terms and conditions set forth in this Section, effective as of the Current Anniversary Date with respect to the relevant Commitment Termination Extension Request (the “Commitment Termination Extension Effective Date”), (i) the Commitment Termination Date for each Extending Lender’s Commitment (including any additional Commitment provided by such Lender as part of such Commitment Extension Termination Request) shall be extended to the date that is one year after such Lender’s Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date shall be extended to the Business Day immediately preceding such date) and (ii) each Additional Commitment Lender that is not then a Lender shall become a Lender for all purposes of this Agreement with a Commitment in the amount specified in the applicable agreement referred to in paragraph (c) of this Section pursuant to which such Person shall become a Lender (which Commitment will have the same Commitment Termination Date provided for under clause (i) above that is applicable to the Extending Lenders). Subject to the terms and conditions set forth in this Section, the Administrative Agent shall promptly notify the Company and the Lenders of the Commitment Termination Extension Effective Date and record the relevant information for such extension in the Register. Notwithstanding anything herein to the contrary, in connection with each Commitment Termination Extension Request, the Commitment Termination Date with respect the Commitment of any Non-Extending Lender that has not been replaced pursuant to paragraph (c) of this Section shall remain unchanged.

Effective Date of Extension. Subject to the terms and conditions set forth in this Section, effective as of the Current Anniversary Date with respect to the relevant Commitment Termination Extension Request (the “Commitment Termination Extension Effective Date”), (i) the Commitment Termination Date for each Extending Lender’s Commitment (including any additional Commitment provided by such Lender as part of such Commitment Termination Extension Termination Request) shall be extended to the date that is one year after such Lender’s Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date shall be extended to the Business Day immediately preceding such date) and (ii) each Additional Commitment Lender that is not then a Lender shall become a Lender for all purposes of this Agreement with a Commitment in the amount specified in the applicable agreement referred to in paragraph (c) of this Section pursuant to which such Person shall become a Lender (which Commitment will have the same Commitment Termination Date provided for under clause (i) above that is applicable to the Extending Lenders). Subject to the terms and conditions set forth in this Section, the Administrative Agent shall promptly notify the Company and the Lenders of the Commitment Termination Extension Effective Date and record the relevant information for such extension in the Register. Notwithstanding anything herein to the contrary, in connection with each Commitment Termination Extension Request, the Commitment Termination Date with respect the Commitment of any Non-Extending Lender that has not been replaced pursuant to paragraph (c) of this Section shall remain unchanged.

Effective Date of Extension. Subject to the terms and conditions set forth in this Section, effective as of the Current Anniversary Date with respect to the relevant Commitment Termination Extension Request (the “Commitment Termination Extension Effective Date”), (i) the The Commitment Termination Date for of each Extending Lender’s Lender and of each Additional Commitment (including any additional Commitment provided by such Lender as part of such Commitment Extension Termination Request) shall be extended to the date that is one year after such Lender’s the Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date as so extended shall be extended to the next preceding Business Day immediately preceding such dateDay) and (ii) each Additional Commitment Lender that is not then a Lender shall thereupon become a Lender “Lender” for all purposes of this Agreement with a Commitment in and shall be bound by the amount specified in the applicable agreement referred to in paragraph (c) provisions of this Section pursuant to which such Person shall become Agreement as a Lender (which Commitment will hereunder and shall have the same Commitment Termination Date provided for under clause obligations of a Lender hereunder, effective on the date notified by the Company to the Administrative Agent so long as the following conditions precedent shall be satisfied or waived on such date (the “Extension Date”): (i) above no Default shall have occurred and be continuing on such Extension Date and immediately after giving effect thereto; (ii) the representations and warranties of the Company in Part A of Article III of the Agreement (and the representations and warranties of each Approved Borrower, if any, then party to this Agreement in Part B of Article III of the Agreement are true and correct in all material respects or in all respects if the applicable representation or warranty is qualified by material adverse effect or other materiality qualifiers on and as of such Extension Date and after giving effect thereto, except in the case of any such representation or warranty that expressly relates to an earlier date, in which case such representation or warranty is true and correct in all material respects or in all respects if the applicable to the Extending Lenders). Subject to the terms representation or warranty is qualified by material adverse effect or other materiality qualifiers on and conditions set forth in this Section, as of such earlier date; (iii) the Administrative Agent shall promptly notify have received (A) a certificate from the Company signed by a senior financial officer of the Company certifying the accuracy of the foregoing clauses (i) and (ii) and (B) secretary certificates of the Company and of each other Borrower certifying and attaching the authorizations of the Company or such Borrower, as applicable, approving or consenting to such extension; and (iv) the aggregate amount of the Commitments of the Lenders that have agreed to extend their Commitment Termination Date and the new or increased Commitments of any Additional Commitment Lenders shall be more than 50% of the aggregate amount of the Commitments in effect immediately prior to such Extension Date. Extension Terms (other than the extension of the Commitment Termination Extension Effective Date and record Date) shall become applicable to the relevant information for such extension in Extended Loans on the RegisterExisting Termination Date. Notwithstanding anything herein to the contrary, in connection with each Commitment Termination Extension Request, foregoing no more than two (2) extensions of the Commitment Termination Date with respect the Commitment of any Non-Extending Lender that has not been replaced pursuant to paragraph (c) of this Section shall remain unchangedbe permitted hereunder.

Effective Date of Extension. Subject to the terms and conditions set forth in this Section, effective as of the Current Anniversary Date with respect to the relevant Commitment Termination Extension Request (the “Commitment Termination Extension Effective Date”), (i) the The Commitment Termination Date for of each Extending Lender’s Lender and of each Additional Commitment (including any additional Commitment provided by such Lender as part of such Commitment Extension Termination Request) shall be extended to the date that is one year after such Lender’s the Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date as so extended shall be extended to the next preceding Business Day immediately preceding such dateDay) and (ii) each Additional Commitment Lender that is not then a Lender shall thereupon become a Lender “Lender” for all purposes of this Agreement with a Commitment in and shall be bound by the amount specified in the applicable agreement referred to in paragraph (c) provisions of this Section pursuant to which such Person shall become Agreement as a Lender (which Commitment will hereunder and shall have the same Commitment Termination Date provided for under clause obligations of a Lender hereunder, effective on the date notified by the Company to the Administrative Agent so long as the following conditions precedent shall be satisfied or waived on such date (the “Extension Date”): (i) above no Default shall have occurred and be continuing on such Extension Date and immediately after giving effect thereto; (ii) the representations and warranties of the Company in Part A of Article III of the Agreement (and the representations and warranties of each Approved Borrower, if any, then party to this Agreement in Part B of Article III of the Agreement are true and correct on and as of such Extension Date and after giving effect thereto, except in the case of any such representation or warranty that expressly relates to an earlier date, in which case such representation or warranty is applicable to the Extending Lenders). Subject to the terms true and conditions set forth correct in this Section, all material respects on and as of such earlier date; (iii) the Administrative Agent shall promptly notify have received (A) a certificate from the Company signed by a senior financial officer of the Company certifying the accuracy of the foregoing clauses (i) and (ii) and (B) secretary certificates of the Company and of each other Borrower certifying and attaching the authorizations of the Company or such Borrower, as applicable, approving or consenting to such extension; and (iv) the aggregate amount of the Commitments of the Lenders that have agreed to extend their Commitment Termination Date and the new or increased Commitments of any Additional Commitment Lenders shall be more than 50% of the aggregate amount of the Commitments in effect immediately prior to such Extension Date. Extension Terms (other than the extension of the Commitment Termination Extension Effective Date and record Date) shall become applicable to the relevant information for such extension in Extended Loans on the RegisterExisting Termination Date. Notwithstanding anything herein to the contrary, in connection with each Commitment Termination Extension Request, foregoing no more than two (2) extensions of the Commitment Termination Date with respect the Commitment of any Non-Extending Lender that has not been replaced pursuant to paragraph (c) of this Section shall remain unchangedbe permitted hereunder.

Effective Date of Extension. Subject to the terms and conditions set forth in this Section, effective as of the Current Anniversary Date with respect to the relevant Commitment Termination Extension Request (the “Commitment Termination Extension Effective Date”), (i) the Commitment Termination Date for each Extending LenderBank’s Commitment (including any additional Commitment provided by such Lender Bank as part of such Commitment Extension Termination Request) shall be extended to the date that is one year after such LenderBank’s Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date shall be extended to the Business Day immediately next preceding such date) and (ii) each Additional Commitment Lender Bank that is not then a Lender Bank shall become a Lender Bank for all purposes of this Agreement with a Commitment in the amount specified in the applicable agreement referred to in paragraph (c) of this Section pursuant to which such Person shall become a Lender Bank (which Commitment will have the same Commitment Termination Date provided for under clause (i) above that is applicable to the Extending LendersBanks). Subject to the terms and conditions set forth in this Section, the Administrative Agent shall promptly notify the Company Borrower and the Lenders Banks of the Commitment Termination Extension Effective Date and record the relevant information for such extension in the Register. Notwithstanding anything herein to the contrary, in connection with each Commitment Termination Extension Request, the Commitment Termination Date with respect the Commitment of any Non-Extending Lender Bank that has not been replaced pursuant to paragraph (c) of this Section shall remain unchanged.