Extension of Final Maturity Date. (a) The Borrower may from time to time, upon written notice to the Administrative Agent (which shall promptly notify the Lenders) (an “Extension Request”), request an extension of the Final Maturity Date then in effect with respect to the Commitments existing at the time of such request (the “Existing Commitments”, and such Existing Commitments as extended, the “Extended Commitments”) to a date specified in such Extension Request. The Extension Request shall specify the date on which the Borrower proposes that the extension shall be effective, which shall be a date reasonably satisfactory to the Administrative Agent (but in no event, shall such date be less than 15 days after the Administrative Agent’s receipt of such Extension Request). Each Lender shall notify the Administrative Agent whether or not it consents to such Extension Request (which consent may be given or withheld in such Lender’s sole and absolute discretion) within the time provided in such Extension Request. Any Lender not responding within the time period shall be deemed not to have consented to such Extension Request. The Administrative Agent shall promptly notify the Borrower and the Lenders of the Lenders’ responses.
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Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)
Extension of Final Maturity Date. (a) The Borrower may from time to time, upon written notice to the Administrative Agent (which shall promptly notify the Lenders) (an “Extension Request”), request an extension of the Final Maturity Date then in effect with respect to the Commitments existing at the time of such request (the “Existing Commitments”, and such Existing Commitments as extended, the “Extended Commitments”) to a date specified in such Extension Request. The Extension Request shall specify the date on which the Borrower proposes that the extension shall be effective, which shall be a date reasonably satisfactory to the Administrative Agent (but in no event, shall such date be less than 15 days after the Administrative Agent’s receipt of such Extension Request). Each Lender shall notify the Administrative Agent whether or not it consents to such Extension Request (which consent may be given or withheld in such Lender’s sole and absolute discretion) within the time provided in such Extension Request. Any Lender not responding within the time period shall be deemed not to have consented to such Extension Request. The Administrative Agent shall promptly notify the Borrower and the Lenders of the Lenders’ responses.. Xxxxx Energy Partners, L.P. 3rd Amended/Restated Credit Agreement
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Samples: Credit Agreement (HF Sinclair Corp)
Extension of Final Maturity Date. (a) The Borrower may from time to time, upon written notice to the Administrative Agent (which shall promptly notify the Lenders) (an “Extension Request”), request an extension of the Final Maturity Date then in effect with respect to the Commitments existing at the time of such request (the “Existing Commitments”, and such Existing Commitments as extended, the “Extended Commitments”) to a date specified in such Extension Request. The Extension Request shall specify the date on which the Borrower proposes that the extension shall be effective, which shall be a date reasonably satisfactory to the Administrative Agent (but in no event, shall such date be less than 15 days after the Administrative Agent’s receipt of such Extension Request). Each Lender shall notify the Administrative Agent whether or not it consents to such Extension Request (which consent may be given or withheld in such Lender’s sole and absolute discretion) within the time provided in such Extension Request. Any Lender not responding within the time period shall be deemed not to have consented to such Extension Request. The Administrative Agent shall promptly notify the Borrower and the Lenders of the Lenders’ responses.. 49 Xxxxx Energy Partners, L.P. 3rd Amended/Restated Credit Agreement
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