Common use of Extension of Commitment Clause in Contracts

Extension of Commitment. Contemporaneously with the delivery of the financial statements required pursuant to Section 5.3(b) hereof (commencing with the financial statements for Borrower's fiscal year ending December 31, 2001), Borrower may deliver a Request for Extension, requesting that the Banks extend the maturity of either the Tranche A Commitment or the Tranche B Commitment, or both, for an additional year. Each such extension shall require the unanimous written consent of all of the Banks and shall be upon such terms and conditions as may be agreed to by Agent, Borrower and the Banks. Borrower shall pay any attorneys' fees or other expenses of Agent in connection with the documentation of any such extension, as well as such other fees as may be agreed upon between Borrower and Agent.

Appears in 1 contract

Samples: Credit Agreement (Standard Register Co)

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Extension of Commitment. Contemporaneously with the delivery of the financial statements required pursuant to Section 5.3(b) hereof (commencing beginning with the financial statements for Borrower's the fiscal year of Borrower ending December 31, 20012006), Borrower may deliver a Request for Extension, requesting that the Banks Revolving Lenders extend the maturity of either the Tranche A Revolving Credit Commitment or the Tranche B Commitment, or both, for an additional year. Each such extension shall require the unanimous written consent of all of the Banks Revolving Lenders and shall be upon such terms and conditions as may be agreed to by Agent, Borrower and the BanksRevolving Lenders. Borrower shall pay any attorneys' fees or other expenses of Agent in connection with the documentation of any such extension, as well as such other fees as may be agreed upon between Borrower and Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

Extension of Commitment. Contemporaneously with the delivery of the financial statements required pursuant to Section 5.3(b) hereof (commencing beginning with the financial statements for Borrower's the fiscal year of Borrower ending December October 31, 20012005), Borrower may deliver a Request for Extension, requesting that the Banks Lenders extend the maturity of either the Tranche A Revolving Credit Commitment or the Tranche B Commitment, or both, for an additional year. Each such extension shall require the unanimous written consent of all of the Banks and Lenders and, subject to Section 11.3(b) hereof, shall be upon such terms and conditions as may be agreed to by Agent, Borrower and the BanksLenders. Borrower shall pay any attorneys' fees or other expenses of Agent in connection with the documentation of any such extension, as well as such other fees as may be agreed upon between Borrower and Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Shiloh Industries Inc)

Extension of Commitment. Contemporaneously with the delivery of the financial statements required pursuant to Section 5.3(b) hereof (commencing beginning with the financial statements for Borrower's the fiscal year of Borrower ending December October 31, 20012004), Borrower may deliver a Request for Extension, requesting that the Banks Revolving Lenders extend the maturity of either the Tranche A Revolving Credit Commitment or the Tranche B Commitment, or both, for an additional year. Each such extension shall require the unanimous written consent of all of the Banks and Revolving Lenders and, subject to Section 11.3(b) hereof, shall be upon such terms and conditions as may be agreed to by Agent, Borrower and the BanksRevolving Lenders. Borrower shall pay any attorneys' fees or other expenses of Agent in connection with the documentation of any such extension, as well as such other fees as may be agreed upon between Borrower among Borrower, Agent and Agentthe Revolving Lenders.

Appears in 1 contract

Samples: Credit and Security Agreement (Shiloh Industries Inc)

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Extension of Commitment. Contemporaneously with the delivery of the financial statements required pursuant to Section 5.3(b) hereof (commencing beginning with the financial statements for Borrower's the fiscal year of Borrower ending December 31, 2001)2004, Borrower may deliver a Request for Extension, requesting that the Banks Revolving Lenders extend the maturity of either the Tranche A Revolving Credit Commitment or the Tranche B Commitment, or both, for an additional year. Each such extension shall require the unanimous written consent of all of the Banks Revolving Lenders and shall be upon such terms and conditions as may be agreed to by Agent, Borrower and the BanksRevolving Lenders. Borrower shall pay any attorneys' fees or other expenses of Agent in connection with the documentation of any such extension, as well as such other fees as may be agreed upon between Borrower and Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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