Common use of Lenders Election to Extend Clause in Contracts

Lenders Election to Extend. Each Lender, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given by not later than fifteen (15) calendar days following the date of receipt of notice of such request described in the foregoing Section 2.22.1 from the Administrative Agent (the “Notice Date”), advise the Administrative Agent in writing whether or not such Xxxxxx agrees to such extension (and each Lender that determines not to so extend its Revolving Commitment Termination Date (each, a “Non-Extending Lender”, and collectively the “Non-Extending Lenders”) and shall notify the Administrative Agent of such fact promptly after such determination (but, in any event, by no later than the Notice Date)) and any Lender that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Lenders Election to Extend. Each Lender, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given by not later than fifteen (15) calendar days following the date of receipt of notice of such request described in the foregoing Section 2.22.1 clause (a) from the Administrative Agent (the “Notice Date”), advise the Administrative Agent in writing whether or not such Xxxxxx Lender agrees to such extension (and each Lender that determines not to so extend its Revolving Commitment Termination Loan Maturity Date (each, a “Non-Extending Lender”, and collectively (if there is more than one (1) such Lender), the “Non-Extending Lenders”) and shall notify the Administrative Agent of such fact promptly after such determination (but, in any event, by no later than the Notice Date)) and any Lender that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Lenders Election to Extend. Each Lender, acting in its sole and individual discretion, shall, by notice to the Administrative Agent given by not later than fifteen (15) calendar days following the date of receipt of notice of such request described in the foregoing Section 2.22.1 clause (a) from the Administrative Agent (the “Notice Date”), advise the Administrative Agent in writing whether or not such Xxxxxx Lender agrees to such extension (and each Lender that determines not to so extend its Revolving Commitment Termination Loan Maturity Date (each, a “Non-Extending Lender”, and collectively (if there is more than one (1) such Lender), the “Non-Extending Lenders”) and shall notify the Administrative Agent of such fact promptly after such determination (but, in any event, by no later than the Notice Date)) and any Lender that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.. CHAR1\0000000x0 2