Common use of Request for Extension Clause in Contracts

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 days and not later than 30 days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”).

Appears in 3 contracts

Samples: Credit Agreement (NetApp, Inc.), Credit Agreement (Genworth Financial Inc), Credit Agreement (NetApp, Inc.)

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Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 days and not no later than 30 ninety (90) days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender hereunder (the “Existing Maturity Date”), request (the “Extension Notice”) that each Lender extend the Existing Maturity Date for such Lender’s Loans for an additional year from the Existing Maturity Date. The Borrower may deliver no more than two (2) of such Extension Notices.

Appears in 2 contracts

Samples: Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.), Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.)

Request for Extension. The Borrower maymay (but only on one occasion during the term of this Agreement), by notice to the Administrative Agent (who shall promptly notify the Lenders) delivered not earlier fewer than 30 days and not more than 60 days and not later than 30 days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”)) to the Administrative Agent (which shall promptly notify the Lenders), request that each Lender agree to extend the Existing Maturity Date for an additional period of 364 days.

Appears in 2 contracts

Samples: 364 Day Revolving Credit Agreement (Amazon Com Inc), 364 Day Revolving Credit Agreement (Amazon Com Inc)

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 45 days and not later than 30 35 days prior to each anniversary of the date of this Agreement Maturity Date then in effect hereunder (each such date, an the Extension Existing Maturity Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (Lender’s Loans for an additional 364 days from the Existing Maturity Date”).

Appears in 2 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 sixty (60) days and not later than 30 thirty-five (35) days prior to each anniversary of the date of this Agreement Maturity Date then in effect hereunder (each such date, an the Extension Existing Maturity Date”), request that each Lender extend the Maturity Date for such Lender’s Maturity Date to Loans for an additional 364 days from the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”).

Appears in 2 contracts

Samples: Credit Agreement (Ascend Wellness Holdings, Inc), Credit Agreement

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 90 days and not later than 30 50 days prior to each anniversary the Maturity Date then in effect hereunder in respect of any Commitment hereunder (the date of this Agreement (each such date, an Extension Existing Maturity Date”), request that each Lender extend such Lender’s Maturity Date to in respect of such Lender’s Commitment for an additional 364 days from the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”).

Appears in 2 contracts

Samples: Credit Agreement (ironSource LTD), Credit Agreement (ironSource LTD)

Request for Extension. The Borrower may, may by written notice to the Administrative Agent (who shall promptly notify the Lenders) given not earlier less than 60 days and not later than 30 forty-five (45) days prior to each any anniversary of the date of this Agreement (each such date, an “Extension Effective Date”), request that each Lender extend such Lender’s the Revolving Loan Maturity Date for an additional one (1) year from the then existing Revolving Loan Maturity Date; provided, that the Borrower shall only be permitted to exercise this extension option two (2) times during the date term of this Agreement; provided, further, that is one year after in no case shall the Revolving Loan Maturity Date then in effect for such Lender exceed five (the “Existing Maturity Date”)5) years from any date.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co)

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 45 days and not later than 30 35 days prior to each anniversary of the date of this Agreement Maturity 44 Date then in effect hereunder (each such date, an the Extension Existing Maturity Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (Lender’s Loans for an additional 364 days from the Existing Maturity Date”).

Appears in 2 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Request for Extension. The Borrower Borrowers may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 90 days and not later than 30 days prior to each anniversary of the date of this Agreement Maturity Date then in effect hereunder (each such date, an the Extension Existing Maturity Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender an additional two (2) years from the Existing Maturity Date”). Any such extension made pursuant to this Section 2.20 may only be exercised one (1) time during the term of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Request for Extension. The Borrower may, may by written notice to the Administrative Agent (who shall promptly notify the Lenders) given not earlier less than 60 days and not later than 30 forty-five (45) days prior to each any anniversary of the date of this Agreement (each such date, an “Extension First Amendment Effective Date”), request that each Lender extend such Lender’s the Revolving Loan Maturity Date to for an additional one (1) year from the date that is one year after the Maturity Date then in effect for such Lender (the “Existing existing Revolving Loan Maturity Date”); provided, that CHAR1\1323863v4 the Borrower shall only be permitted to exercise this extension option two (2) times during the term of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Connecticut Light & Power Co)

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Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 days and not later than 30 45 days prior to each the fourth anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Restatement Date and no later than 45 days prior to the date that is one year after the Maturity Date then in effect for such Lender hereunder (the “Existing Maturity Date”) request (any such request, an “Extension Request”) that each Lender extend such Maturity Date for such Lender’s Loans and Revolving Commitments (including the Availability Period) for an additional one-year period; provided that only two such requests may be made (an “Extension”).

Appears in 1 contract

Samples: Credit Agreement (Hackett Group, Inc.)

Request for Extension. The Once per year, the Borrower may, by notice (each, an “Extension Notice”) to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 180 days and not later than 30 days prior to each any anniversary of the date of this Agreement Closing Date (each such date, an the “Extension Date”), request that each Lender extend such Lender’s Maturity Commitment for an additional one year; provided that no Extension Date shall occur if, after giving effect to such Extension Date, the date that is one year Facility Termination Date shall be more than four (4) years after the Maturity Date then in effect for such Lender (the “Existing Maturity Extension Date”).

Appears in 1 contract

Samples: Credit Agreement (Century Communities, Inc.)

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 120 days and not later than 30 90 days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”).

Appears in 1 contract

Samples: Credit Agreement (Hanover Insurance Group, Inc.)

Request for Extension. The Borrower maymay (but only on one occasion during the term of this Agreement), by notice to the Administrative Agent (who shall promptly notify the Lenders) delivered not earlier fewer than 30 days and not more than 60 days and not later than 30 days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender Effect (the “Existing Maturity Date”)) to the Administrative Agent (which shall promptly notify the Lenders), request that each Lender agree to extend the Existing Maturity Date for an additional period of 364 days.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Amazon Com Inc)

Request for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 90 days and not later than 30 days prior to each anniversary of the date of this Agreement Maturity Date (each such date, an the “Extension Date”), make a one time request that each Lender extend such Lender’s Maturity Date to the date that is one for an additional year after from the Maturity Date then currently in effect for such Lender (the “Existing Maturity Date”)) subject to the conditions set forth in clause (b) below.

Appears in 1 contract

Samples: Credit Agreement (Sabra Health Care REIT, Inc.)

Request for Extension. The Parent Borrower may, by notice to the Administrative Agent (who shall promptly notify the Revolving Lenders) not earlier than 60 90 days and not later than 30 days prior to each anniversary of the date of this Agreement then Applicable Maturity Date (each such date, an the “Extension Date”), request make two requests that each such applicable Revolving Lender extend such Lender’s Revolving Loan Maturity Date to for an additional six months from the date that is one year after the Applicable Maturity Date then currently in effect for such Lender (the “Existing Maturity Date”)) subject to the conditions set forth in clause (b) below.

Appears in 1 contract

Samples: Credit Agreement (Sabra Health Care REIT, Inc.)

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