Requests; Approval by All Banks. No earlier than forty-five (45) days prior to the Expiration Date, the Company may request an extension of the Expiration Date for another 364 days by written notice to the Banks, and the Banks agree to respond to the Company's request for an extension no earlier than thirty (30) and no later than twenty (20) days prior to the then applicable Expiration Date; provided, however, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Expiration Date. If all Banks elect to extend, the Expiration Date shall be extended for a period of 364 days. If one or more Banks decline to extend or do not respond to the Company's request, the provisions of Section 2.09 shall apply.
Requests; Approval by All Banks. After delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 (Annual Financial Statements) for the fiscal year ending October 30, 2001 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks made by May 30, and the Banks agree to respond to the Borrower's request for an extension no later than thirty (30) days following receipt of the request; provided, however, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Expiration Date. If all Banks elect to extend, the Expiration Date shall be extended for a period of one year. If one or more Banks decline to extend or do not respond to Borrower's request, the provisions of Section 2.10.2 [Approval by 80% Banks] shall apply. 2.10.2. Approval by 80% Banks. In the event that one or more Banks do not agree to extend the Expiration Date or do not respond to Borrower's request for an extension within the time required under Section 2.10.1 (Requests; Approval by All Banks) (each a "Non- approving Bank"), but 80% of the Banks (measured by their Ratable Shares and not per capita) agree to such extension within such time (each such agreeing Bank being an "Extending Bank"), then the Borrower may, at the Borrower's option, on or before July 31 of each year notify the Agent and the Banks that the Borrower intends to employ one or more of the following three (3) options: (i) cause the Commitment of each Non-approving Bank to be terminated (after which time such Non-approving Bank shall cease to be a "Bank" hereunder) and cause the aggregate Commitments to be reduced by the amount of such terminated Commitments, or (ii) require the Non-approving Banks to sell, and allow (upon prior notice to the Agent) the Extending Banks which have agreed to such extension within the time required under Section 2.11.1 (Requests; Approval by All Banks) or any financial institution approved by the Agent and (absent an Event of Default) the Borrower (each such Person referred to in this clause (ii) being an "Assignee Bank") to purchase all of the outstanding Loans if any, of the Non-approving Banks and succeed to and assume the Commitments and all other rights, interests and obligations of the Non-approving Banks under this Agreement and the other Loan Documents, or (iii) require the Non-approving Bank to remain a Bank and require it to maintain ...
Requests; Approval by All Banks. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 8.3.2 [Annual Financial Statements] for the fiscal year ending September 30, 2003 or any subsequent fiscal year (but in any case, no earlier than sixty (60) days prior to the 364-Day Loan Expiration Date), the Borrower may request an extension of the 364-Day Loan Expiration Date by written notice to the 364-Day Banks, and the 364-Day Banks agree to respond to the Borrower’s request for an extension by the later of thirty (30) days following receipt of the request or December 1st of such year; provided, however, that the failure of any 364-Day Bank to respond within such time period shall not in any manner constitute an agreement by such 364-Day Bank to extend the 364-Day Loan Expiration Date. If all 364-Day Banks elect to extend the 364-Day Loan Expiration Date shall be extended for an additional period of 364 days commencing on the 364-Day Loan Expiration Date with respect to which the extension was granted. If one or more 364-Day Banks decline to extend or do not respond to Borrower’s request, the provisions of Section 2.10.2 shall apply.
Requests; Approval by All Banks. After delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 [Annual Financial Statements] for the fiscal year ending October 30, 2003 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Banks made by May 30, and the Banks agree to respond to the Borrower's request for an extension no later than thirty (30) days following receipt of the request; PROVIDED, HOWEVER, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Expiration Date. If all Banks elect to extend, the Expiration Date shall be extended for a period of one year. If one or more Banks decline to extend or do not respond to Borrower's request, the provisions of Section 2.10.2 [Approval by 80% Banks] shall apply.
Requests; Approval by All Banks. Upon or promptly after delivery by Option Care, Inc. of the annual financial statements to be provided under Section 7.3.3 for the fiscal year ending December 31, 1997, the Borrowers may request a single one-year extension of the Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension by June 30, 1998; provided, however, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Expiration Date. If all Banks elect to extend, the Expiration Date shall be extended for a period of one year. If one or more Banks decline to extend or do not respond to Borrowers' request, the provisions of Section 2.10.2 shall apply.
Requests; Approval by All Banks. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 8.3.2 for the fiscal year ending December 31, 1999, or any subsequent fiscal year, the Borrower may request a one (1) year extension of the Revolving Credit Expiration Date by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension within ninety (90) days following receipt of the request; provided, however, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Revolving Credit Expiration Date. If all Banks elect to extend, the Revolving Credit Expiration Date shall be extended for a period of one (1) year, subject to the execution of reasonable and appropriate documentation thereof. If one or more Banks decline to extend or do not respond to Borrower's request, the provisions of Section 2.10.2 shall apply. Borrower may request successive extensions by providing the extension request along with the audited financial statement for the prior year in the manner set forth immediately above in this Section 2.10.1 each respective year.
Requests; Approval by All Banks. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 [Annual Financial Statements] for the fiscal year ending December 31, 1997 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date by written notice to the Administrative Agent, (and the Administrative Agent shall promptly so notify the Revolving Credit Banks), and the Revolving Credit Banks agree to respond to the Borrower's request for an extension within sixty (60) days following receipt of the request ( each such sixty day period, an "Approval Period"); provided, however, that the failure of any Revolving Credit Bank to respond within such time period shall not in any manner constitute an agreement by such Revolving Credit Bank to extend the Expiration Date. If all Revolving Credit Banks elect to extend, the Expiration Date shall be extended for a period of one year. If one or more Revolving Credit Banks decline to extend or do not respond to Borrower's request, the provisions of Section 2.11.2 shall apply.
Requests; Approval by All Banks. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 8.3.2 [Annual Financial Statements] for the fiscal year ending September 30, 2003 or any subsequent fiscal year (but in any case, no earlier than sixty (60) days prior to the 364-Day Loan Expiration Date), the Borrower may request an extension of the 364-Day Loan Expiration Date by written notice to the 364-Day Banks, and the 364-Day Banks agree to respond to the Borrower's request for an extension by the later of thirty
Requests; Approval by All Banks. Upon or promptly after delivery by the Borrower of the annual financial statements to be provided under Section 8.3.3 [Annual Financial Statements] for the fiscal year ending March 31, 2000 or any subsequent fiscal year, the Borrower may request a one-year extension of the Expiration Date, for a maximum extension period of two years, by written notice to the Banks, and the Banks agree to respond to the Borrower's request for an extension by the later of sixty (60) days following receipt of the request; provided, however, that (i) the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend the Expiration Date and (ii) in no event shall the Expiration Date be extended beyond June 30,
Requests; Approval by All Banks. Within one hundred (100) calendar days (but no later than seventy-five (75) calendar days) prior to the Short-Term Expiration Date or the Long-Term Expiration Date, as the case may be, the Borrowers may request an extension of the relevant expiration date of 364 days, in the case of the Short-Term Expiration Date, or one (1) year, in the case of the Long-Term Expiration Date, by written notice to the Banks, and the Banks agree to respond to the Borrowers' request for an extension within forty five (45) days of such request or, in the case of the requested extension of the Short-Term Expiration Date, within thirty (30) days of such expiration date; provided, however, that the failure of any Bank to respond within such time period shall not in any manner constitute an agreement by such Bank to extend said expiration date. If all Banks elect to so extend, the Short-Term Expiration Date or Long-Term Expiration Date, as the case may be, shall be extended for the periods so requested. If one or more Banks decline to extend or do not respond to Borrowers' request, the provisions of Section 2.11.2 shall apply.
