Common use of Extending Lender Clause in Contracts

Extending Lender. Each Non-Extending Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement Committed Lender identified in accordance with the preceding sentence, subject to ratable payment of such Non-Extending Lender's Invested Percentage of the Loans Outstanding, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder. (c) Prior to the occurrence of the Termination Date, if a Partial Expiration Event has occurred, the Administrative Agent shall give notice to the Borrower and the Servicer to apply any Collections in accordance with Section 2.06(vi)(B), except as otherwise provided in Section 2.06, pro rata to the repayment of such amounts owing to any Non-Extending Lender as of the date of the related Partial Expiration Event, commencing no later than the first Payment Date which is at least two Business Days following the Commitment Termination Date for the Non-Extending Lender, specifying the amounts thereof. Section 2.05.

Extending Lender. Each Non-Extending Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement Committed Lender identified in accordance with the preceding sentence, subject to ratable payment of such Non-Extending Lender's Invested Percentage of the Loans Outstanding, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder. (c) Prior to the occurrence of the Termination Date, if a Partial Expiration Event has occurred, the Administrative Agent shall give notice to the Borrower and the Servicer to apply any Collections in accordance with Section 2.06(vi)(B2.06(vii)(B), except as otherwise provided in Section 2.06, pro rata to the repayment of such amounts owing to any Non-Extending Lender as of the date of the related Partial Expiration Event, commencing no later than the first Payment Date which is at least two Business Days following the Commitment Termination Date for the Non-Extending Lender, specifying the amounts thereof. Section 2.05.

Extending Lender. Each Non-Extending Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement Committed Lender identified in accordance with the preceding sentence, subject to ratable payment of such Non-Extending Lender's Invested Percentage of the Loans Outstanding, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder. (c) Prior to the occurrence of the Termination Date, if a Partial Expiration Event has occurred, the Administrative Agent shall give notice to the Borrower and the Servicer to apply any Collections in accordance with Section 2.06(vi)(B2.06(vii)(B), except as otherwise provided in Section 2.06, pro rata to the repayment of such amounts owing to any Non-Extending Lender as of the date of the related Partial Expiration Event, commencing no later than the first Payment Date which is at least two Business Days following the Commitment Termination Date for the Non-Extending Lender, specifying the amounts thereof. Section 2.05.Payment

Extending Lender. Each Non-Extending Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement Committed Lender identified in accordance with the preceding sentence, subject to ratable payment of such Non-Extending Lender's Invested Percentage of the Loans Outstanding, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder. (c) Prior to the occurrence of the Termination Date, if a Partial Expiration Event has occurred, the Administrative Agent shall give notice to the Borrower and the Servicer to apply any Collections in accordance with Section 2.06(vi)(B2.06(vii)(B), except as otherwise provided in Section 2.06, pro rata to the repayment of such amounts owing to any Non-Extending Lender as of the date of the related Partial Expiration Event, commencing no later than the first Payment Date which is at least two Business Days following the Commitment Termination Date for the Non-Extending Lender, specifying the amounts thereof. Section 2.05.53