Common use of Extension of Revolving Credit Maturity Date Clause in Contracts

Extension of Revolving Credit Maturity Date. (a) The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not less than forty-five (45) days and not more than ninety (90) days prior to each of the first (1st) and second (2nd) anniversaries of the Closing Date (each anniversary, an “Anniversary Date”, request that each Lender extend such Lender’s Revolving Credit Maturity Date to the date (the “Extended Revolving Credit Maturity Date”) that is one year after the then scheduled Revolving Credit Maturity Date. Each Lender, acting in its sole discretion, shall, by written notice to the Administrative Agent given no later than the date (the "Consent Date”) that is twenty (20) days prior to the relevant Anniversary Date (provided that, if such date is not a Business Day, the Consent Date shall be the next succeeding Business Day), advise the Administrative Agent as to: (i) whether such Lender agrees to such extension of its Revolving Credit Maturity Date (each Lender so agreeing to such extension being an “Extending Revolving Credit Lender”); and (ii) only if such Lender is an Extending Revolving Credit Lender, whether such Lender also irrevocably offers to increase the amount of its Revolving Credit Commitment in connection with the replacement of one or more Non-Extending Lenders (each Lender so offering to increase its Revolving Credit Commitment being an “

Extension of Revolving Credit Maturity Date. (a) The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not less than forty-five (45) days and not more than ninety (90) days prior to each of the first (1st) and second (2nd) anniversaries of the Closing Date (each anniversary, an “Anniversary Date”, request that each Lender extend such Lender’s Revolving Credit Maturity Date may be extended with respect to a Lender for an additional 364 day period with the express written consent of such Lender (to be at such Lender's sole discretion) as provided below. No earlier than the date 45 days and no later than the date 40 days prior to the date (the “Extended Revolving Credit Maturity Date”) that is one year after Date the then scheduled Revolving Credit Maturity Date. Each Lender, acting in its sole discretion, Borrower shall, by at its option, in a written notice to the Administrative Agent given request that the Revolving Credit Maturity Date be extended for a period of 364 days. The Administrative Agent shall promptly inform the Lenders of such request. Each Lender that agrees with such request shall deliver to the Administrative Agent its express written consent thereto no earlier than the date 30 days and no later than the date (the "Consent Date”) that is twenty (20) 27 days prior to the relevant Anniversary Date (provided that, if such date is not a Business Day, Revolving Credit Maturity Date. If the Consent Date shall be the next succeeding Business Day), advise the Administrative Agent as to: aggregate amount of (i) whether such Lender agrees the Revolving Credit Commitment Amount of the Lenders so consented and (ii) the Revolving Credit Commitment Amount to such extension be assumed by the Replacement Lenders or the existing Lenders (as provided below) equals or exceeds 85% of its the Total Revolving Credit Commitment in effect as of the 10th day prior to the Revolving Credit Maturity Date (then in effect, then, with respect to each Lender so agreeing which has consented to such an extension being an “Extending of the Revolving Credit Lender”); and (ii) only if such Lender is an Extending Maturity Date as provided in the immediately preceding sentence and with respect to the Replacement Lenders, the Revolving Credit LenderMaturity Date shall be extended for, whether such Lender also irrevocably offers to increase and shall thereafter be the amount of its Revolving Credit Commitment in connection with date, 364 days after the replacement of one or more Non-Extending Lenders (each Lender so offering to increase its Revolving Credit Commitment being an “then effective Revolving

Extension of Revolving Credit Maturity Date. (a) The Borrower Borrowers may, by notice (an "Extension Request") to the Administrative Agent (which shall promptly notify deliver a copy to each of the Revolving Credit Lenders) not less than forty-five (45) days and not more than ninety (90) 30 days prior to each of the first Revolving Credit Maturity Date then in effect (1st) and second (2nd) anniversaries of the Closing Date (each anniversary, an “Anniversary "Existing Revolving Credit Maturity Date”"), request that each Lender the Revolving Credit Lenders extend such Lender’s the Existing Revolving Credit Maturity Date to a date no later than the date (Tranche B Maturity Date and specified by the “Extended Borrowers in such notice. Each Revolving Credit Maturity Date”) that is one year after the then scheduled Revolving Credit Maturity Date. Each Lender, acting in its sole discretion, Lender shall, by written notice to the Borrowers and the Administrative Agent given no later not more than 15 days after receipt by it of the date (the "Consent Date”) that is twenty (20) days prior to the relevant Anniversary Date (provided that, if such date is not a Business Day, the Consent Date shall be the next succeeding Business Day)Extension Request, advise the Administrative Agent as to: (i) Borrowers whether or not such Lender agrees to such extension (and any Lender that does not so advise the Borrowers on or prior to such date shall be deemed not to have agreed to such extension). The decision to agree or withhold agreement to any extension of its the Existing Revolving Credit Maturity Date (hereunder shall be at the sole discretion of each Lender so agreeing to such extension being an “Extending Revolving Credit Lender”. (b) If any Extension Request shall not have been approved by each Revolving Credit Lender (each such Lender, a "Non-Extending Lender") but shall have been approved by Revolving Credit Lenders holding a majority of the Total Revolving Credit Commitment (whether used or unused); and , then the Borrowers may (i) cause one or more Non-Extending Lenders to assign their Revolving Credit Commitments in accordance with Section 2.21(a) and/or (ii) only if such Lender is an Extending prepay the outstanding Revolving Credit Lender, whether such Lender also irrevocably offers to increase the amount of its Revolving Credit Commitment in connection with the replacement Loans of one or more Non-Extending Lenders (each Lender so offering to increase its Revolving Credit Commitment being an “Lenders, together with accrued and unpaid interest thereon, and permanently terminate the Revolving

Extension of Revolving Credit Maturity Date. (a) The Borrower may, by notice to the Administrative Agent in a the form of Exhibit C hereto (which shall promptly notify deliver a copy to each of the Lenders) not less than forty-five (45) 45 days and not more than ninety (90) 60 days prior to each of the first (1st) and second (2nd) anniversaries of the Closing Date (each anniversary, an “Anniversary Date”, request that each Lender extend such Lender’s Revolving Credit Maturity Date to the date at any time in effect (the “Extended "Existing Revolving Credit Maturity Date”) "), request that is one year after the then scheduled Lenders extend the Revolving Credit Maturity Date for an additional 364 days from the Existing Revolving Credit Maturity Date. Each Lender, acting in its sole discretion, Lender shall, by written notice to the Borrower and the Administrative Agent given no later not less than the date (the "Consent Date”) that is twenty (20) 20 and not more than 30 days prior to the relevant Anniversary Date (provided that, if such date is not a Business Day, the Consent Date shall be the next succeeding Business Day)Existing Revolving Credit Maturity Date, advise the Administrative Agent as to: (i) Borrower whether or not such Lender agrees to such extension (and any Lender that does not advise the Borrower on or before the later of its such days shall be deemed to have advised the Borrower that it will not agree to such extension). (b) The Borrower shall have the right, on or before the Existing Revolving Credit Maturity Date, to require any Lender which shall have advised or been deemed to advise the Borrower that it will not agree to an extension of the Revolving Credit Maturity Date (each Lender so agreeing a "Non-Extending Lender") to such extension being an “Extending Revolving Credit Lender”); and transfer without recourse (iiin accordance with and subject to the restrictions contained in Section 9.04) only if such Lender is an Extending Revolving Credit Lenderall its interests, whether such Lender also irrevocably offers rights and obligations under this Agreement to increase the amount of its Revolving Credit Commitment in connection with the replacement of one or more Non-Extending Lenders other banks or other financial institutions (each any such bank or other financial institution being called a "Substitute Lender"), which may include any Lender; provided that (i) such Substitute Lender, if not already a Lender so offering to increase its Revolving Credit Commitment being an “hereunder, shall