Common use of Extension of Maturity Date of Committed Loans Clause in Contracts

Extension of Maturity Date of Committed Loans. The Company may up to two (2) times prior to the Maturity Date then in effect hereunder with respect to Committed Loans (the “Existing Committed Loan Maturity Date”) extend the Existing Committed Loan Maturity Date, in each case, by six (6) months, subject, in the case of each extension, to the following terms and conditions: (a) not later than 60 days prior to the Existing Committed Loan Maturity Date, the Company shall deliver a written notice indicating its intention to extend the Existing Committed Loan Maturity Date to the Administrative Agent (which shall promptly notify each of the Lenders), (b) the Company shall pay to the Committed Loan Lenders an extension fee equal to 0.075% of the Commitments extended on or before the Existing Committed Loan Maturity Date, and (c) the Company shall deliver to the Administrative Agent a certificate dated as of the Existing Committed Loan Maturity Date signed by a Responsible Officer of the Company certifying that, before and after giving effect to such extension, (1) no Default or Event of Default exists and (2) all representations and warranties contained herein and in the other Loan Documents shall be true and correct in all material respects with such effect as though such representations and warranties had been made on the Existing Committed Loan Maturity Date (it being understood and agreed that any representation or any warranty which by its term is made as of a specified date shall be required to be true and correct in all material respects as of such specified date).

Extension of Maturity Date of Committed Loans. The Company may up to two (2) times one time prior to the Maturity Date then in effect hereunder with respect to Committed Loans (the “Existing Committed Loan Maturity Date”) extend the Existing Committed Loan Maturity DateDate to November 21, in each case, by six (6) months, subject, in the case of each extension, 2016 subject to the following terms and conditions: (a) not later than 60 days prior to the Existing Committed Loan Maturity Date, the Company shall deliver a written notice indicating its intention to extend the Existing Committed Loan Maturity Date to the Administrative Agent (which shall promptly notify each of the Lenders), (b) the Company shall pay to the Committed Loan Lenders an extension fee equal to 0.0750.15% of the Commitments extended on or before the Existing Committed Loan Maturity Date, and (c) the Company shall deliver to the Administrative Agent a certificate dated as of the Existing Committed Loan Maturity Date signed by a Responsible Officer of the Company certifying that, before and after giving effect to such extension, (1) no Default or Event of Default exists and (2) all representations and warranties contained herein and in the other Loan Documents shall be true and correct in all material respects with such effect as though such representations and warranties had been made on the Existing Committed Loan initial Maturity Date applicable to the Committed Loans (it being understood and agreed that any representation or any warranty which by its term is made as of a specified date shall be required to be true and correct in all material respects as of such specified date). This Section shall supersede any provisions in Section 10.01 to the contrary.

Extension of Maturity Date of Committed Loans. The Company may up to two (2) times prior to the Maturity Date then in effect hereunder with respect to Committed Loans (the “Existing Committed Loan Maturity Date”) extend the Existing Committed Loan Maturity Date, in each case, by six (6) months, subject, in the case of each extension, to the following terms and conditions: (a) not later than 60 days prior to the Existing Committed Loan Maturity Date, the Company shall deliver a written notice indicating its intention to extend the Existing Committed Loan Maturity Date to the Administrative Agent (which shall promptly notify each of the Lenders), (b) the Company shall pay to the Committed Loan Lenders an extension fee equal to 0.0750.0625% of the Commitments extended on or before the Existing Committed Loan Maturity Date, and (c) the Company shall deliver to the Administrative Agent a certificate dated as of the Existing Committed Loan Maturity Date signed by a Responsible Officer of the Company certifying that, before and after giving effect to such extension, (1) no Default or Event of Default exists and (2) all representations and warranties contained herein and in the other Loan Documents shall be true and correct in all material respects with such effect as though such representations and warranties had been made on the Existing Committed Loan Maturity Date (it being understood and agreed that any representation or any warranty which by its term is made as of a specified date shall be required to be true and correct in all material respects as of such specified date).