Common use of Minimum Extension Requirement Clause in Contracts

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Termination Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination Date, then, effective as of the Existing Facility Termination Date, the Facility Termination Facility Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Facility Termination Date (except that, if such date is not a Business Day, such Facility Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments in respect of the Revolving Facility Sublimit of the Lenders that have agreed so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments Revolving Facility Sublimit in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling that is one (1) year after the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Commitment Termination Date (each, an “Extending Lender”) and the additional new or increased Commitments of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Commitment Termination Facility Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling that is one (1) year after the Existing Facility Commitment Termination Date (except that, if such date is not a Business Day, such Facility Commitment Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed to so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Election Date, then, effective as of the Existing Facility Termination Effective Date, (i) the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Facility Termination Maturity Date then in effect (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day), (ii) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement, (iii) the Aggregate Commitments as of the applicable Effective Date shall be equal to the Commitments of the Extending Lenders and the Additional Committed Lenders and (iv) the Commitments of each Non-Extending Lender shall be terminated.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (other than any Defaulting Lenders) that have agreed so to extend their Facility Termination Date (each, an “Extending Lender”) and the additional new or increased Commitments of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Termination Facility Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling that is one (1) year after the Existing Facility Termination Date (except that, if such date is not a Business Day, such Facility Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.

Minimum Extension Requirement. If (and only if) the total of the Commitments aggregate outstanding principal amount of the Committed Loans or Optional Loans, as applicable, of the Lenders that have agreed so to extend the maturity date of their Facility Termination Loans beyond the Scheduled Maturity Date (each, an “Extending Lender”) and the additional Commitments Loans of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments Outstanding Amount in effect immediately prior to the Existing Facility Termination Scheduled Maturity Date, then, effective as of the Existing Facility Termination Scheduled Maturity Date, the Facility Termination Facility Date maturity date of the Committed Loan or Optional Loan, as applicable, of each Extending Lender and of each Additional Commitment Lender shall be extended to the applicable date falling one (1) year requested by the Borrower after the Existing Facility Termination Scheduled Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination Applicable Anniversary Date, then, effective as of the Maturity Date in effect prior to giving effect to any such extension under this Section (such Maturity Date being called the “Existing Facility Termination Maturity Date”), the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after on the first anniversary of the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed to so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Election Date, then, effective as of the Existing Facility Termination Effective Date, (i) the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Facility Termination Maturity Date then in effect (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day), (ii) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement, (iii) the Aggregate Commitments as of the applicable Effective Date shall be equal to the Commitments of the Extending Lenders and the Additional Commitment Lenders and (iv) the Commitments of each Non-Extending Lender shall be terminated.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination Maturity Date, then, effective as of the Existing Facility Termination Maturity Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender (but not of any Non-Extending Lender) shall be extended to the date falling one (1) year after the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the applicable Revolving Commitments of the Lenders of the applicable Class that have agreed so to extend their Facility Termination Applicable Maturity Date (each, an “Extending Lender”) and the additional new or increased Revolving Commitments of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Revolving Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Termination Facility Applicable Maturity Date of each Extending Lender and of each Additional Commitment Lender of the applicable Class shall be extended to the date falling one (1) year after the Existing Facility Termination Extended Maturity Date (except that, if such date is not a Business Day, such Facility Termination Extended Maturity Date as so extended shall be the next preceding Business Day) ), and each Additional Commitment Lender of such Class shall thereupon become a “U.S. Revolving Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Revolving Lender hereunder and shall have the obligations of a Revolving Lender hereunder.

Minimum Extension Requirement. If (and only if) the total of the Commitments outstanding Loans of the Lenders that have agreed so to extend their Facility Termination the Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect aggregate principal amount of the Loans outstanding immediately prior to the Existing Facility Termination Maturity Date, then, effective as of the Existing Facility Termination Maturity Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement. All references in this Agreement and in the other Loan Documents, if any, to the “Maturity Date” shall refer to the Maturity Date as so extended for such Extending Lenders.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders (including, without duplication, the Additional Commitment Lenders) that have agreed so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional new or increased Commitments of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling that is one (1) year after the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.

Minimum Extension Requirement. If Subject to clause (f) of this Section, if (and only if) the total of the Commitments and Incremental Term Loans of the Lenders that have agreed so to extend their Facility Termination Existing Maturity Date (each, an “Extending Lender”) and the additional new or increased Commitments and assumed Incremental Term Loans of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments and Incremental Term Loans (other than the Commitments and Incremental Term Loans of any Defaulting Lenders) in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination applicable Extension Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended with respect to its applicable Commitment or Loans to the date falling one (1) year after the Existing Facility Termination Extended Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. "Lender” or “Canadian Lender”, as applicable, " for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.

Minimum Extension Requirement. If (and only if) the total Outstanding Amount of the Loans and Revolving Commitments of the Lenders that have agreed so to extend their Facility Termination Maturity Date (each, each an “Extending Lender”) and the additional Outstanding Amount of Loans and Revolving Commitments of the Additional Commitment Lenders shall be more than twenty five percent 50% (25%or at least 50% when there exist only two Lenders) of the aggregate amount Outstanding Amount of the Loans and Revolving Commitments in effect of all Lenders immediately prior to the Existing Facility Termination Maturity Date, then, effective as of the Existing Facility Termination Maturity Date, the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling that is one (1) year after the Existing Facility Termination Maturity Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Termination Maturity Date (each, an “Extending Lender”) and the additional assigned Commitments of the Additional Commitment Lenders shall be more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination then current Maturity Date, then, effective as of the Existing Facility Termination effective date of the applicable extension agreement or amendment, in each case, in form and substance reasonably acceptable to the Lead Administrative Agent (each such date, an “Extension Effective Date”), the Facility Termination Facility Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Facility Termination such Extension Effective Date (except that, if such date is not a Business Day, such Facility Termination Maturity Date as so extended shall be the next immediately preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this Agreement.

Minimum Extension Requirement. If (and only if) the total of the Commitments of the Lenders that have agreed so to extend their Facility Termination Date (each, an “Extending Lender”) and the additional new or increased Commitments of the any Additional Commitment Lenders shall be is more than twenty five percent (25%) 50% of the aggregate amount of the Commitments in effect immediately prior to the Existing Facility Termination applicable Extension Date, then, effective as of the Existing Facility Termination Dateapplicable Extension Date (other than the Commitments of any Defaulting Lenders), the Facility Termination Facility Date of each Extending Lender and of each Additional Commitment Lender shall be extended to the date falling one (1) year after the Existing Extended Facility Termination Date (except that, if such date is not a Business Day, such Facility Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “U.S. Lender” or “Canadian Lender”, as applicable, for all purposes of this AgreementAgreement and shall be bound by the provisions of this Agreement as a Lender hereunder and shall have the obligations of a Lender hereunder.