Common use of Extension Notice Clause in Contracts

Extension Notice. The Company shall be entitled to extend Facility B, for an additional period of 364 days. This right may be exercised by giving notice to the Facility Agent (the "Extension Notice") not more than 60 nor less than 30 days before the Facility B Maturity Date (in this Clause 14, the "Original Facility B Maturity Date"). Such notice shall be made in writing, be unconditional and binding on the Borrower.

Appears in 2 contracts

Samples: Syndication and Amendment Agreement (Shire PLC), Facilities Agreement (Shire PLC)

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Extension Notice. The Company shall be entitled to extend Facility B, for an additional period of 364 days. This right may be exercised by giving notice to the Facility Agent (the "Extension Notice") not more than 60 nor less than 30 days before the Facility B Maturity Date (in this Clause 14, the "Original Facility B Maturity Date"). Such notice shall be made in writing, be unconditional and binding on the Borrower.

Appears in 1 contract

Samples: Facilities Agreement (Shuttle Corp)

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Extension Notice. The Parent Company shall be entitled to extend Facility B, for an additional period of 364 days. This right may be exercised by giving notice to the Facility Agent (the "Extension Notice") not more than 60 nor less than 30 days before the Facility B Maturity Date (in this Clause 14, the "Original Facility B Maturity Date"). Such notice shall be made in writing, be unconditional and binding on the Borrower.

Appears in 1 contract

Samples: Facility Agreement (Shire Ltd.)

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