Extension of Exchange Date Sample Clauses

Extension of Exchange Date. At its option, Seller may, by notice given to Purchaser not earlier than March __, 2001 and not later than April __, 2001, elect to extend the Exchange Date to August __, 2001, provided that such extension shall be effective only if Seller shall have:
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Extension of Exchange Date. At its option, Counterparty may, by notice given to the Trust not earlier than [ ], 2004 and not later than [ ], 2004 elect to extend the Exchange Date to [ ], 2005; [provided, however, that Counterparty hereby waives its right to extend the Exchange Date hereunder and agrees to be bound by the decision Holdings makes with respect to extension of the Exchange Date pursuant to Section 1.3(f) of the Holdings Forward Contract]. Any such extension shall be effective (i) only in connection with a Rollover Offering as to which [the Counterparty] [Holdings] shall have duly made a Rollover Offering Election and (ii) only if Counterparty shall have delivered to the Collateral Agent, in pledge under the Collateral Agreement direct obligations of the United States of America which through the scheduled payment of principal and interest in accordance with their terms will provide, not later than one Business Day before [ ], 2005, cash in an amount equal to not less than the Extension Amount (the "Additional Government Securities"). Unless [Counterparty] [Holdings] has duly elected, in connection with a Rollover Offering, to accelerate the Exchange Date in accordance with Section 1.3(g) hereof, Counterparty shall on such extended Exchange Date pay to the Trust by wire transfer of Federal (immediately available same-day) funds an amount equal to the Extension Amount. In addition, Counterparty hereby covenants and agrees to take all other actions necessary to cause the Trust to be a protected purchaser of such Additional Government Securities, within the meaning of Article 8 of the New York Uniform Commercial Code, as amended. If Counterparty elects to extend the Exchange Date and so notifies the Trust, the Trust shall promptly notify the Depository Trust Company and publish a notice in a daily newspaper of national circulation stating that the Counterparty has elected to extend the Exchange Date.
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Extension of Exchange Date. [Prior to, or simultaneously with Pledgor's election to extend the Exchange Date pursuant to Section 1.3(f) of the Forward Contract] [If AT&T Broadband CSC Holdings, Inc. ("Holdings") elects to extend the Exchange Date under the Forward Contract, dated as of the date hereof by and between the Trust and Holdings (the "Holdings Forward Contract")], the Pledgor shall deliver to the Collateral Agent in pledge hereunder Additional Government Securities meeting the requirements of Section 1.3(f) of the[Holdings] Forward Contract.
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Extension of Exchange Date. Prior to, or simultaneously with Pledgor's election to extend the Exchange Date pursuant to Section 1.3(f) of the Forward Contract, the Pledgor shall deliver to the Collateral Agent in pledge hereunder Additional Government Securities meeting the requirements of Section 1.3(f) of the Forward Contract.
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Extension of Exchange Date. At its option, Counterparty may, by notice given to the Trust not earlier than November 17, 2004 and not later than January 16, 2005 elect to extend the Exchange Date to May 15, 2005. Any such extension shall be effective (i) only in connection with a Rollover Offering as to which Counterparty shall have duly made a Rollover Offering Election and (ii) only if Counterparty shall have delivered to the Collateral Agent, in pledge under the Collateral Agreement, (A) direct obligations of the United States of America which through the scheduled payment of principal and interest in accordance with their terms will provide, not later than one Business Day before May 15, 2005, cash in an amount equal to not less than the Extension Amount (the "Additional Government Securities") or (B) an equivalent amount of Cash Equivalents. Unless Counterparty has duly elected, in connection with a Rollover Offering, to accelerate the Exchange Date in accordance with Section 1.3(g) hereof, Counterparty shall on such extended Exchange Date pay to the Trust by wire transfer of Federal (immediately available same-day) funds an amount equal to the Extension Amount. In addition, Counterparty hereby covenants and agrees to take all other actions necessary to cause the Trust to be a protected purchaser of such Additional Government Securities, within the meaning of Article 8 of the New York Uniform Commercial Code, as amended. If Counterparty elects to extend the Exchange Date and so notifies the Trust, the Trust shall promptly notify the Depository Trust Company and publish a notice in a daily newspaper of national circulation stating that the Counterparty has elected to extend the Exchange Date.
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Extension of Exchange Date. If AT&T Broadband CSC Holdings, Inc. ("Holdings") elects to extend the Exchange Date under the Forward Contract, dated as of the date hereof by and between the Trust and Holdings (the "Holdings Forward Contract"), the Pledgor shall deliver to the Collateral Agent in pledge hereunder Additional Government Securities meeting the requirements of Section 1.3(f) of the Holdings Forward Contract.
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Extension of Exchange Date. Prior to, or simultaneously with -------------------------- Pledgor's election to extend the Exchange Date pursuant to Section 1.3(f) of the Purchase Agreement Additional Government Securities meeting the requirements of Section 1.3(f) of the Purchase Agreement.
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Extension of Exchange Date. At its option, Seller may, by notice -------------------------- given to Purchaser not earlier than , 2002 and not later than , 2002, elect to extend the Exchange Date to , 2002, provided that such extension shall be effective (i) only in connection with a Rollover Offering as to which the Seller shall have duly made a Rollover Offering Election, (ii) only if Seller shall have delivered to the Collateral Agent, in pledge under the Collateral Agreement direct obligations of the United States of America which through the scheduled payment of principal and interest in accordance with their terms will provide, not later than one Business Day before , 2002, money in an amount equal to not less than the product of (1) $______ [the aggregate interest due on all Initial DECS for the maximum extension period] and (2) a fraction, the numerator of which is the sum of the Firm Share Base Amount and the Additional Share Base Amount and the denominator of which is the number of Initial DECS (the "Additional Government Securities") and (iii) only if each Other Rollover --------------------------------- Seller, if any, has previously or simultaneously elected to extend the Exchange Date (as such term is defined in the forward purchase agreement dated as of the date hereof between such Other Seller and the Purchaser) to the same date as is elected by the Seller hereunder. Unless Seller has duly elected, in connection with a Rollover Offering, to accelerate the Exchange Date in accordance with Section 1.3(g) hereof, Seller shall on such extended Exchange Date pay to Purchaser by wire transfer of Federal (immediately available same-day) funds an amount equal to not less than the product of (1) $_______ [ the aggregate interest payable for the 3-month extension period on the Initial DECS] and (2) a fraction, the numerator of which is the sum of the Firm Share Base Amount and the Additional Share Base Amount and the denominator of which is the number of Initial DECS. In addition, Seller hereby covenants and agrees to take all other actions necessary to cause Purchaser to be a protected purchaser of such Additional Government Securities, within the meaning of Article 8 of the New York Uniform Commercial Code, as amended. If Seller elects to extend the Exchange Date and so notifies Purchaser, Purchaser shall promptly notify the Depository Trust Company and publish a notice in a daily newspaper of national circulation stating that the Seller has elected to extend the Exchange Dat...
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Related to Extension of Exchange Date

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

  • Extension of Exercise Period Notwithstanding any provisions of paragraphs (a), (b), (c) or (d) of this Section to the contrary, if exercise of the Option following termination of employment during the time period set forth in the applicable paragraph or sale during such period of the Shares acquired on exercise would violate any of the provisions of the federal securities laws (or any Company policy related thereto), the time period to exercise the Option shall be extended until the later of (i) forty-five (45) days after the date that the exercise of the Option or sale of the Shares acquired on exercise would not be a violation of the federal securities laws (or a related Company policy), or (ii) the end of the time period set forth in the applicable paragraph.

  • Extension of Revolving Credit Termination Date Borrower may, by notice to Administrative Agent (which shall promptly deliver a copy to each of the Lenders) given at least thirty (30) days and not more than ninety (90) days prior to the then Revolving Credit Termination Date (the “Existing Commitment Termination Date”), request that Lenders extend the Existing Commitment Termination Date for one additional one-year period. Upon the Borrower’s timely delivery of such notice to Administrative Agent and provided, that (i) no Default or Event of Default has occurred and is continuing (both on the date the notice is delivered and on the then Existing Commitment Revolving Credit Termination Date), (ii) the Borrower and the Subsidiaries are in compliance with all covenants contained in Section 8 hereof, (iii) all representations and warranties contained in Section 6 hereof shall be true and correct in all material respects (except in the case of a representation or warranty qualified by materiality in which case such representation or warranty shall be true and correct in all respects) on the date the notice is delivered and on the then Existing Commitment Termination Date except for representations and warranties that relate to a prior date, which shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality in which case such representation or warranty shall be true and correct in all respects) as of the applicable date on which they were made and (iv) the Borrower has paid in immediately available funds the Extension Fee on or prior to the first day of any requested extension period, then the Revolving Credit Termination Date shall be extended to the first anniversary of the then Existing Commitment Termination Date. Should the Revolving Credit Termination Date be extended, the terms and conditions of this Agreement will apply during any such extension period, and from and after the date of such extension, the term Revolving Credit Termination Date shall mean the last day of the extended term.

  • Extension of Facility Termination Date The Seller may advise any Managing Agent in writing of its desire to extend the Facility Termination Date for an additional period not exceeding 364 days, provided such request is made not more than 90 days prior to, and not less than 60 days prior to, the then current Facility Termination Date. Each Managing Agent so advised by the Seller shall promptly notify each Committed Purchaser in its related Purchaser Group of any such request and each such Committed Purchaser shall notify its related Managing Agent, the Collateral Agent and the Seller of its decision to accept or decline the request for such extension no later than 30 days prior to the then current Facility Termination Date (it being understood that each Committed Purchaser may accept or decline such request in its sole discretion and on such terms as it may elect, and the failure to so notify its Managing Agent, the Collateral Agent and the Seller shall be deemed an election not to extend by such Committed Purchaser). In the event that at least one Committed Purchaser agrees to extend the Facility Termination Date, the Seller Parties, the Collateral Agent, the extending Committed Purchasers and the applicable Managing Agent or Managing Agents shall enter into such documents as such extending Committed Purchasers may deem necessary or appropriate to reflect such extension, and all reasonable costs and expenses incurred by such Committed Purchasers, the Managing Agents and the Collateral Agent (including reasonable attorneys’ fees) shall be paid by the Seller. In the event that any Committed Purchaser (a) declines the request to extend the Facility Termination Date or (b) is in a Purchaser Group with respect to which the Seller did not seek an extension of the Facility Termination Date (each such Committed Purchaser being referred to herein as a “Non-Renewing Committed Purchaser”), and, in the case of a Non-Renewing Committed Purchaser described in clause (a), the Commitment of such Non-Renewing Committed Purchaser is not assigned to another Person in accordance with the terms of this Article XI prior to the then current Facility Termination Date, the Purchase Limit shall be reduced by an amount equal to each such Non-Renewing Committed Purchaser’s Commitment on the then current Facility Termination Date.

  • Extension of Commitment Termination Date The Borrower may, no more frequently than once each year by delivering written notice to the Managing Agents (with a copy to the Program Agent), request the Lenders to extend the Commitment Termination Date for an additional 364 days past the then applicable Commitment Termination Date, with such extension to become effective with respect to any Lender Group, as of the date one or more Committed Lenders having Commitments equal to 100% of such Lender Group’s Lender Group Limit shall in their sole discretion consent to such extension (the Lenders in such a Lender Group, “Extending Lenders”). Any such request shall be subject to the following conditions: (i) at no time will any Commitment have a term of more than 364 days and, if any such request would result in a term of more than 364 days, such request shall be deemed to have been made for such number of days so that, after giving effect to such extension on the date requested, such term will not exceed 364 days, (ii) none of the Lenders will have any obligation to extend any Commitment, (iii) any such extension of the Commitment Termination Date will be effective only upon the written agreement of at least one Committed Lender and the Borrower and (iv) any request for such extension shall be made at least sixty (60) days prior to the then current Commitment Termination Date. The Managing Agent for each applicable Committed Lender will respond to any such request within thirty (30) days (with a copy to the Paying Agent) but in any event no earlier than thirty (30) days prior to the then current Commitment Termination Date, provided that any Managing Agent’s failure to respond within such period shall be deemed to be a rejection of the requested extension.

  • Extension of Revolving Credit Maturity Date The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

  • Extension of Scheduled Termination Date Under the Fee Agreement, the Fund shall have the right, exercisable not more than one hundred twenty (120) days nor less than ninety (90) days prior to the Scheduled Termination Date, to request that the Liquidity Provider extend the term of such Scheduled Termination Date for an additional period of up to 364 days or, if mutually agreed upon by the parties to the Fee Agreement, a period greater than 364 days, which request may be conditioned upon terms and conditions that are different from the terms and conditions of this Agreement and the Fee Agreement then in effect. The Liquidity Provider shall, no later than thirty (30) days after receiving such request, notify the Fund and the Tender and Paying Agent of its acceptance or rejection of such request, which acceptance by the Liquidity Provider may be a Conditional Acceptance conditioned upon terms and conditions which are different from the terms and conditions of this Agreement and the Fee Agreement then in effect or the terms and conditions proposed by the Fund in making an extension request. If the Liquidity Provider fails to notify the Fund and the Tender and Paying Agent of its acceptance or rejection of the Fund's request for extension within such 30-day period, such failure to respond shall constitute a rejection of such request. If the Liquidity Provider provides a Conditional Acceptance, then the Fund shall have thirty (30) days thereafter to notify the Liquidity Provider and the Tender and Paying Agent of its acceptance or rejection of the terms and conditions specified in the Liquidity Provider's Conditional Acceptance. The Fund's failure to notify the Liquidity Provider and the Tender and Paying Agent within the 30-day period will be deemed a rejection of the terms and conditions specified in the Liquidity Provider's Conditional Acceptance. Under the Fee Agreement, the Fund will acknowledge and agree that the Liquidity Provider may grant or deny any request for extension of the Scheduled Termination Date in its sole and absolute discretion.

  • Extension of the Termination Date (a) Not earlier than 60 days prior to, nor later than 30 days prior to each of the first and second anniversaries of the date of this Agreement, the Borrower may request by notice made to the Administrative Agent (which shall promptly notify the Lenders thereof) a one-year extension of the Termination Date. Each Lender shall notify the Administrative Agent by the date specified by the Administrative Agent (which date shall be a Business Day and shall not be less than 15 days prior to, nor more than 30 days prior to, the Extension Effective Date) that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed not to have consented to extending the Termination Date. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. The Borrower may request no more than two extensions pursuant to this Section.

  • Extension of the Maturity Date (a) Borrower shall have the option to extend the term of the Loan beyond the Initial Maturity Date for one year, until the First Extended Maturity Date, upon satisfaction of the following terms and conditions:

  • Extension of the Term The Term may be extended at the option of NAI for up to two successive periods of five years each; provided, however, that prior to each such extension the following conditions must have been satisfied: (A) NAI must have delivered a notice of its election to exercise the option at least one hundred eighty days prior to the end of the Term, and prior to the commencement of any such extension BNPPLC and NAI must have agreed in writing upon, and received the written consent and approval of BNPPLC’s Parent and all Participants (other than Participants being replaced at the request of NAI as provided in Paragraph 6) to, (1) a corresponding extension of the date specified in clause (1) of the definition of Designated Sale Date in the Common Definitions and Provisions Agreement and of the term of the Ground Lease, and (2) an adjustment to the Rent that NAI will be required to pay during the extension, it being expected that the Rent for the extension may be different than the Rent required for the original Term or any prior extension, and it being understood that the Rent for any extension must in all events be satisfactory to both BNPPLC and NAI, each in its sole and absolute discretion; (B) at the time of NAI’s exercise of its option to extend, no Event of Default has occurred and is continuing, and no Event of Default will result from the extension; (C) immediately prior to any such extension, this Lease must then remain in effect; and (D) if this Lease has been assigned by NAI, then NAI must have executed a guaranty (or confirmed an existing guaranty, if applicable), guaranteeing NAI’s assignee’s obligations under the Operative Documents throughout such extended Term. With respect to the condition that BNPPLC and NAI must have agreed upon the Rent required for any extension of the Term, neither NAI nor BNPPLC is willing to submit itself to a risk of liability or loss of rights hereunder for being judged unreasonable. Similarly, neither BNPPLC’s Parent nor any Participant is expected to submit itself to a risk of liability or loss of rights for being judged to have unreasonably withheld consent or approval to any extension of the Term. Accordingly, NAI, BNPPLC, BNPPLC’s Parent and Participants will each have sole and absolute discretion in making its determination, and both NAI and BNPPLC hereby disclaim any obligation express or implied to be reasonable in negotiating the Rent for any such extension. Subject to the changes to the Rent and satisfaction of the other conditions listed in this subparagraph, if NAI exercises its option to extend the Term as provided in this subparagraph, this Lease will continue in full force and effect, and the leasehold estate hereby granted to NAI will continue without interruption and without any loss of priority over other interests in or claims against the Property that may be created or arise after the Effective Date and before the extension.

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