Common use of Minimum Extension Requirement Clause in Contracts

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such date, the Termination Date of each Extending Lender (including any applicable Additional Commitment Lender) shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Date as so extended shall be the next preceding Business Day).

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Existing Termination Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year 364 Days after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Maturity Date (each each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders that have become Lenders pursuant to Section 10.13 shall be more than 50% of the Aggregate Commitment Amount Commitments then in effect immediately prior to the Anniversary Date, then, effective as of such dateeffect, the Termination Maturity Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended on the Extension Effective Date to the date falling one year after the Existing Termination Maturity Date (except that, if such date is not a Business Day, such Termination Maturity Date as so extended shall be the next preceding Business Day).

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Existing Termination Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year 210 days after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Revolving Credit Commitments of the Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) and the additional Revolving Credit Commitments of the Assuming Lenders shall be more than 50% of the Aggregate Commitment Amount aggregate amount of the Revolving Credit Commitments in effect immediately prior to the applicable Anniversary Date, then, effective as of such dateAnniversary Date, the Termination Date of each Extending Lender (including any applicable Additional Commitment Lender) and of each Assuming Lender shall be extended to the date falling one year after the Existing existing Termination Date (except that, if such date is not a Business Day, such Termination Date as so extended shall be the next preceding Business Day)) and each Assuming Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Annual Anniversary, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than 50% of the Aggregate Commitment Amount aggregate amount of the Commitments in effect immediately prior to the Anniversary Extension Date, then, effective as of such datethe Extension Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year after the Existing existing Termination Date (except that, if such date is not a Business Day, such Termination Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each each, an “Extending Lender”) and the Commitments of the Assuming Lenders shall be more than 50% of the Aggregate Commitment Amount aggregate amount of the Commitments in effect immediately prior to the Anniversary Notice Date, then, effective as of such datethe applicable anniversary of the Effective Date, the Termination Date of each Extending Lender (including any applicable Additional Commitment Lender) and of each Assuming Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Date as so extended shall be the next preceding Business Day).

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Existing Termination Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year 210 days after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a "Lender" for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Existing Termination Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a "Lender" for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Required Lenders (including Additional Commitment Lenders) that have agreed so to extend their Termination Date (each an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date, then, effective as of such datethe Existing Termination Date, the Termination Date of each Extending Lender (including any applicable and of each Additional Commitment Lender) Lender shall be extended to the date falling one year 270 Days after the Existing Termination Date (except that, if such date is not a Business Day, such Termination Commitment Date as so extended shall be the next preceding Business Day)) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of Required Lenders, immediately prior to the Commitments of the Lenders (including Additional Commitment Lenders) that Requested Extension Date, have agreed so to extend their Commitment Termination Date (each each, including the New Lenders, an “Extending Lender”) shall be more than 50% of the Aggregate Commitment Amount in effect immediately prior to the Anniversary Date), then, effective as of such datethe Requested Extension Date, the Commitment Termination Date of each Extending Lender (including any applicable Additional Commitment Lender) shall be extended to the date falling one year 364 days after the Existing Commitment Termination Date (except that, if such date is not a Business Day, such Commitment Termination Date as so extended shall be the next preceding Business Day).