Common use of Repayment of the Revolving Loans Clause in Contracts

Repayment of the Revolving Loans. (a) Each Borrower shall repay -------------------------------- to the Agent for the account of the Banks on the Revolving Termination Date the aggregate principal amount of Revolving Loans made to such Borrower and outstanding on such date. (b) At the option of the Borrowers, upon written notice by the Borrowers' Designee to the Agent to be given not more than 120 days but not later than 30 days prior to the then applicable Revolving Termination Date, the Borrowers' Designee may request that the Revolving Termination Date be extended by successive one-year periods; provided, however, that each such one-year -------- ------- extension shall require the unanimous approval of all of the Banks (such approval to be within the sole discretion of each Bank) and the written consent of each Loan Party; and provided further that if any Bank shall decline to -------- ------- approve of any such extension, the Borrowers' Designee may (i) on or prior to the then applicable Revolving Termination Date, obtain a Replacement Bank to acquire and assume all or part of the Loans and Commitment of such non- consenting Bank in accordance with Section 4.8, or (ii) subject to repayment in full on or prior to the then applicable Revolving Termination Date of all Obligations then owing to each such non-consenting Bank, request that the Revolving Termination Date be extended only with respect to such Banks as have consented to such extension. The Borrowers each acknowledge and agree that (A) no Bank shall have any obligation to increase its Commitment hereunder or otherwise acquire or assume all or any part of any other Bank's Loans or Commitment, whether in connection with an extension of the Revolving Termination Date pursuant to this subsection (b) or otherwise, and (B) in the event that some but not all of the Banks consent to an extension of the Revolving Termination Date pursuant this subsection (b) and the Borrowers' Designee requests that the Revolving Termination Date be extended with respect to such consenting Banks only, the Aggregate Commitment shall be automatically reduced to an amount equal to the combined Commitments of the remaining Banks, subject to Section 2.11.

Repayment of the Revolving Loans. (a) Each The Borrower shall repay -------------------------------- to the Agent for the account of the Banks on the Revolving Termination Date the aggregate principal amount of Revolving Loans made to such the Borrower and outstanding on such date., together with all other outstanding or accrued amounts (whether for interest, fees, expenses or otherwise) (b) At the option of the BorrowersBorrower, upon written notice by the Borrowers' Borrower's Designee to the Agent to be given not more than 120 days but not later less than 30 thirty (30) days prior to the then applicable Revolving Termination Date, the Borrowers' Borrower's Designee may request that the Revolving Termination Date be extended by successive one-year periods; provided, however, that each such one-year -------- ------- extension shall require the unanimous approval of all of the Banks (such approval to be within the sole discretion of each Bank) and the written consent of each Loan Party; and provided further that if any Bank shall decline to -------- ------- approve of any such extension, the Borrowers' Borrower's Designee may (i) on or prior to the then applicable Revolving Termination Date, obtain a Replacement Bank to acquire and assume all or part of the Loans and Commitment of such non- non-consenting Bank in accordance with Section 4.8, or (ii) subject to repayment in full on or prior to the then applicable Revolving Termination Date of all Obligations then owing to each such non-consenting Bank, request that the Revolving Termination Date be extended only with respect to such Banks as have consented to such extension. The Borrowers each acknowledge Borrower acknowledges and agree agrees that (A) no Bank shall have any obligation to increase its Commitment hereunder or otherwise acquire or assume all or any part of any other Bank's Loans or Commitment, whether in connection with an extension of the Revolving Termination Date pursuant to this subsection (b) or otherwise, and (B) in the event that some but not all of the Banks consent to an extension of the Revolving Termination Date pursuant this subsection (b) and the Borrowers' Borrower's Designee requests that the Revolving Termination Date be extended with respect to such consenting Banks only, the Aggregate Commitment shall be automatically reduced to an amount equal to the combined Commitments of the remaining Banks, subject to Section 2.11.