Common use of Requests; Approval by All Banks Clause in Contracts

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. After delivery by the Borrower of the annual financial statements to be provided under Section 7.3.2 [(Annual Financial Statements] for Statements])for the fiscal year ending October 30, 2003 2002 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; PROVIDEDprovided, HOWEVERhowever, 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. After Upon or promptly after delivery by the Borrower Borrowers of the annual financial statements to be provided under Section 7.3.2 8.3.2 [Annual Financial Statements] for the fiscal year ending October 30December 31, 2003 1998 or any subsequent fiscal year, the Borrower Borrowers may request a one-year extension of the Expiration Date by written notice to the Banks made by May 30Agent on behalf of the Banks, and the Banks agree to respond to the Borrower's Borrowers' request for an extension no by the later than thirty of sixty (3060) days following Agent's receipt of the request; PROVIDEDprovided, HOWEVERhowever, 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 Borrowers' request, the provisions of Section 2.10.2 [Approval by 80% Banks] 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 2002 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; PROVIDEDprovided, HOWEVERhowever, 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. 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 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; PROVIDEDprovided, HOWEVERhowever, 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.