Common use of Extension by Banks of the Expiration Date Clause in Contracts

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 for the fiscal year ending March 31, 2002 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within sixty (60) days following receipt of the request; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks to respond within such time period shall not in any manner constitute an extension of the Expiration Date.

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 8.03(c) for the fiscal year ending March December 31, 2002 1996 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within by the later of sixty (60) days following receipt of the requestrequest or May 31 of such year; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks to respond within such time period shall not in any manner constitute an extension of the Expiration Date.

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 8.03(c) for the fiscal year ending March December 31, 2002 1998 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within by the later of sixty (60) days following receipt of the requestrequest or May 31 of such year; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks to respond within such time period shall not in any manner constitute an extension of the Expiration Date.

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 for the fiscal year ending March 31, 2002 1997 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within sixty (60) days following receipt of the request; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks to respond within such time period shall not in any manner constitute an extension of the Expiration Date.

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 0 for the fiscal year ending March 31, 2002 1998 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within sixty (60) days following receipt of the request; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks to respond within such time period shall not in any manner constitute an extension of the Expiration Date.

Extension by Banks of the Expiration Date. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 8.3.2 [Annual Financial Statements] for the fiscal year ending March December 31, 2002 1998 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within by the later of sixty (60) days following receipt of the requestrequest or May 31 of such year; provided, however, that all the Banks must consent to any extension of the Expiration Date and the failure of the Banks any Bank to respond within such time period shall not in any manner constitute an extension of agreement by such Bank to extend the Expiration Date. If all Banks elect to extend, the Expiration Date shall be extended for a period of one year.