Request for Extended Facilities. Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension Offer”) made from time to time by the Borrower to all Lenders of Term Loans with a like Maturity Date or all Lenders with Revolving Commitments of the same Class, in each case on a pro rata basis (based on the outstanding amount of the respective Loans or the aggregate amount of the Revolving Commitments, as the case may be, with the same Maturity Date) and on the same terms to each such Lender, the Borrower may from time to time offer (but no Lender is obligated to accept such offer) to extend the maturity date, modify the interest rate or fees payable in respect of such Term Loans and/or Revolving Commitments (and related outstandings) and/or modify the amortization schedule in respect of such Term Loans (each, an “Extension”, and each group of Term Loans or Revolving Commitments, as applicable, in each case as so extended, as well as the original Term Loans and Revolving Commitments (in each case not so extended), being a tranche; any Extended Term Loans shall constitute a separate tranche of Term Loans from the tranche of Term Loans from which they were converted, and any Extended Revolving Commitments shall constitute a separate tranche of Revolving Commitments from the tranche of Revolving Commitments from which they were converted), all as set forth in greater detail in an Extended Facility Agreement so long as the terms set forth below are satisfied:
(i) (A) no Event of Default shall have occurred and be continuing at the time an Extension Offer is delivered to the Lenders or at the time of the Extended Facility Closing Date and (B) all representations and warranties of each Loan Party set forth in the Loan Documents shall be true and correct in all material respects (other than those representations and warranties that are expressly qualified by Material Adverse Effect or other materiality, in which case such representations and warranties shall be true and correct in all respects) as of the Extended Facility Closing Date (or, if such representation or warranty relates to an earlier date, as of such earlier date);
(ii) except as to interest rates, fees and final maturity, the Revolving Commitment of any Lender (an “Extending Revolving Lender”) extended pursuant to an Extension (an “Extended Revolving Commitment”), and the related outstandings, shall be a Revolving Commitment (or related Revolving Loan outstandings, as the case may be) wi...
Request for Extended Facilities. Provided that no Event of Default shall have occurred and be continuing at such time or would result therefrom, at the option of the Company, the Lenders party to the applicable Facility and the Administrative Agent, and without the consent of any other Lender, the maturity or termination date and, if applicable, amortization schedule of one or more of the Facilities may be extended under this Credit Agreement; provided that any Extended Facility requested by the Company shall be participated in by Lenders holding at least 10% of the outstanding Loans (or Commitments, in the case of the Revolving Credit Facility) under the Facility to be extended.
Request for Extended Facilities. Subject to Sections 2.06 (a) and (c) and provided that no Default shall have occurred and be continuing at such time or would result therefrom, at the option of the Company, the lenders party to an Extended Facility Agreement and the Administrative Agent, and without the consent of any other Lender, the maturity and, if applicable, amortization schedule of one or more of the Facilities may be extended under this Credit Agreement; provided that any Extended Facility requested by the Company shall be participated in by Lenders holding at least 10% of the outstanding Loans (or Commitments, in the case of the Revolving Credit Facility) under the Facility to be extended; and provided further that, unless extended or prepaid in full, the aggregate amount of any Incremental Term Facility may not be less than $250,000,000 on the date of, and as a result of, any such extension. In the event that the aggregate amount of Incremental Term Loans proposed to be extended would result in a breach of the immediately preceding proviso, the size of the proposed Extended Incremental Term Facility shall be reduced pro rata across the Lenders party thereto in the necessary amount to be in compliance with such proviso.
