Common use of Request for Extension Clause in Contracts

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunder. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of Borrower’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Effective Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunder. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of Borrower’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 90 days and not less than 30 days prior to each of the first, second, third, fourth and fifth anniversary of the Closing Effective Date (each such anniversary date, the an “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one yearyear period, provided that no more than two Extension Requests shall be permitted hereunderthe Borrower may only effect one such extension of the Commitment Termination Date. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower mayProvided that the Parent Guarantor has an Investment Grade Rating, by notice to Administrative Agent (which shall promptly notify the Lenders) at least 30 days prior to, but not more than 60 days and not less than 30 90 days prior to each to, any anniversary of the Closing Date, the Borrower, by written notice to the Administrative Agent, may request an extension of the Maturity Date to the date that is one year after the then existing Maturity Date (such anniversary dateexisting Maturity Date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year). The Administrative Agent shall promptly notify each Lender of such request, provided that no more than two Extension Requests shall be permitted hereunder. Each Lenderand each Lender shall, acting in turn, in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than 20 days after delivery of such notice by the 20th day (or such later day Administrative Agent to the Lenders, notify the Administrative Agent in writing as shall be acceptable by Borrower) following the date of Borrower’s notice, advise Borrower to whether or not such Lender agrees consents to such extension; provided that . If any Lender that does shall fail to notify the Administrative Agent in writing of its consent to any such request for extension of the Maturity Date not so advise Borrower later than 20 days after the delivery of such notice by the Administrative Agent to the Lenders, such Lender shall be deemed to have denied not consented to such Extension Requestextension. The election Administrative Agent shall promptly notify the Borrower of any Lender the consents received with respect to agree the Borrower’s request for an extension of the Maturity Date. The Maturity Date may be extended pursuant to such extension shall not obligate any other Lender to so agreethis Section 2.21 on no more than two separate instances during the term of this Agreement.

Request for Extension. The Borrower may, in its sole and absolute discretion, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 90 days and not less than 30 days prior to each of the first, second, third, fourth and fifth anniversary of the Closing Effective Date (each such anniversary date, the an “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one yearone-year period, provided that no more than two Extension Requests shall be permitted hereunderthe Borrower may only effect one such extension of the Commitment Termination Date. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender (which includes each Issuer and the Swing Line Lender) that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. The Borrower may, in its sole and absolute discretion, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Commitment Termination Date (such anniversary date, the “Extension Date”), ) request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunder364-day period. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that (i) no more than two Extension Requests shall be permitted hereunderhereunder and (ii) for the avoidance of doubt, in no event shall any such extension request result in a final maturity date after the fifth (5th) anniversary of the Closing Date. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of Borrower’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that (i) no more than two Extension Requests shall be permitted hereunderhereunder and (ii) for the avoidance of doubt, in no event shall any such extension request result in a final maturity date after the fifth (5th) anniversary of the Closing Date. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of BorrowerXxxxxxxx’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower The Company may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not ), no more than 60 days and not less than 30 days prior to each anniversary two times during the term of the Closing Date (such anniversary date, the “Extension Date”)this Agreement, request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that no such request to be made not more than two 60 days and not less than 30 days prior to any anniversary of the Effective Date (any such anniversary date for which such request has been made, the “Extension Requests shall be permitted hereunderDate”). Each Lender, acting in its sole discretion, shall, by notice to Borrower the Company and the Administrative Agent given not later than the 20th day 10th Business Day (or such later day as shall be acceptable by Borrowerthe Company) (such date, the “Notice Date”) following the date of Borrowerthe Company’s notice, advise Borrower the Company whether or not such Lender agrees to such extensionextension (any such Lender that determines not to so extend its Maturity Date, a “Non‑Extending Lender”); provided that any Lender that does not so advise Borrower the Company shall be deemed to have denied such Extension Requestbe a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 90 days and not less than 30 days prior to each of the first, second and third anniversary of the Closing Effective Date (each such anniversary date, the an “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one yearyear period, provided that no more than two Extension Requests shall be permitted hereunderthe Borrower may only effect one such extension of the Commitment Termination Date. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Signing Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunder. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of Borrower’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 90 days and not less than 30 days prior to each of the first anniversary of the Closing Effective Date and the second anniversary of the Effective Date (each such anniversary date, the an “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunderyear period. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. Borrower may, by notice to Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that the Lenders extend the Maturity Date then in effect (the “Existing Maturity Date”) for an additional one year, provided that (i) no more than two Extension Requests shall be permitted hereunderhereunder and (ii) for the avoidance of doubt, in no event shall any such extension request result in a final maturity date after the fifth (5th) anniversary of the applicable Extension Date. Each Lender, acting in its sole discretion, shall, by notice to Borrower and Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by Borrower) following the date of BorrowerXxxxxxxx’s notice, advise Borrower whether or not such Lender agrees to such extension; provided that any Lender that does not so advise Borrower shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.

Request for Extension. The Borrower may, by notice to the Administrative Agent (which shall promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Closing Commitment Termination Date (such anniversary date, the “Extension Date”), ) request (each, an “Extension Request”) that the Lenders extend the Maturity Commitment Termination Date then in effect (the “Existing Maturity Commitment Termination Date”) for an additional one year, provided that no more than two Extension Requests shall be permitted hereunder364-day period. Each Lender, acting in its sole discretion, shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day (or such later day as shall be acceptable by to the Borrower) following the date of the Borrower’s notice, advise the Borrower and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that does not so advise the Borrower and the Administrative Agent shall be deemed to have denied rejected such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree.