Extension of Certain Time Periods. Whenever there shall have been initiated procedures for the resolution of any grievance that arises out of or relates to a decision or determination, the making of which requires an exercise of academic judgment, whether such grievance alleges breach of a substantive or procedural term of this Agreement, such initiation shall be deemed to extend the limits of time prescribed by this Agreement for the giving of any notice required to be given in respect of the decision or determination that is the subject matter of such grievance. Such extension of time shall expire sixty (60) days from the date on which the procedures prescribed herein for the resolution of such grievance shall have been concluded.
Extension of Certain Time Periods. The parties may agree, providing such agreement is recorded in writing, to extend any time period of the grievance procedure contained in this Article X.
Extension of Certain Time Periods. The time periods for the exercise of certain rights under Sections 2, 7, 9, and 11 shall be extended: (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights (for so long as the Holder or Owner, as the case may be, is using reasonable efforts to obtain such regulatory approvals) and for the expiration of all statutory waiting periods; (ii) to the extent necessary to avoid liability under Section 16(b) of the Exchange Act by reason of such exercise; and (iii) in the event that an Initial Triggering Event may occur pursuant to Section 2(c)(vii) of this Agreement, after the passage of a period of time or cure period under the Merger Agreement, for a period of time equal to any notice or cure periods provided to Blue River in connection with any breach that would permit Heartland to terminate the Merger Agreement.
Extension of Certain Time Periods. Whenever there shall have been initiated procedures for the resolution of any grievance that arises out of or relates to a decision or determination the making of which requires an exercise of academic judgment, whether such grievance alleges breach of a substantive or procedural term of this Agreement, such initiation shall be deemed to extend the limits of time prescribed by this Agreement for the decision or determination that is the subject matter of such grievance. Such extension of time shall expire sixty (60) days from the date on which the procedures prescribed herein for the resolution of such grievance shall have been concluded. The parties may agree, providing such agreement is recorded in writing, to extend any time period of the grievance procedure contained in this Article.
Extension of Certain Time Periods. Effective as of the --------------------------------- Waiver Effective Date, the Borrower, the Guarantors, the Lenders, the Holders and the Administrative Agent hereby consent to the extension of the time afforded to the Borrower to deliver to the Administrative Agent all post-closing deliveries identified in Sections 6.01(l)(ii)(1), 6.01(m)(i) and 6.01(o)(i) and (iii) of the Revolving Credit Agreement and in Exhibit A to that certain side letter agreement, dated November 13, 1998, between the Borrower and the Administrative Agent executed in connection with the Participation Agreement (the "Post-Closing Letter") (collectively, the "Post-Closing Deliveries") such ------------------- ----------------------- that no Default (under the Revolving Credit Agreement) shall occur, and no Event of Default (as defined in the Participation Agreement) shall be deemed to have occurred, in each case in respect of the failure to make such Post-Closing Deliveries, if the Borrower shall deliver, or cause to be delivered, the Post- Closing Deliveries on or before May 14, 1999 (except with respect to the Post- Closing Deliveries required under Sections 6.01(m)(i) and 6.01(o)(iii), which the Borrower shall cause to be delivered on or before June 30, 1999), provided -------- that Borrower's failure or refusal to deliver any or all of the Post-Closing Deliveries on or before May 14, 1999 (or, with respect to the Post-Closing Deliveries required under Sections 6.01(m)(i) and 6.01(o)(iii), June 30, 1999) shall constitute a Default under the Revolving Credit Agreement and, at the written election of the Administrative Agent, shall be deemed an Event of Default under the Participation Agreement without the necessity of any written advance notice to the Borrower.
