Termination Date Extension. (a) The Company may at any time and from time to time, by notice to the Administrative Agent and the Brazilian Administrative Agent, if applicable, propose an extension of the Termination Date, which proposal may include a proposal to change the Applicable Margins (including any provision of the Applicable Pricing Grid) for the Lenders as may be specified in such proposal. Upon receipt of any such proposal the Administrative Agent and the Brazilian Administrative Agent, if applicable, shall promptly notify each Lender thereof. Each Lender shall respond to such proposal in writing within 30 calendar days after the date of such proposal and any failure of a Lender to respond within such period shall be deemed to be a rejection of such proposal. If any Lender consents to such proposal (each such consenting Lender, an “Extending Lender”), the Termination Date applicable to each Extending Lender shall be extended to the date specified in the Company’s extension proposal and the Applicable Margin with respect to each such Extending Lender shall be adjusted in the manner specified in such proposal, if any, and each Non-Extending Lender will be treated as provided in Section 2.27(b).
Termination Date Extension. Effective on any anniversary of the Closing Date (but on not more than two occasions), the Company, with the approval of Majority Lenders, may extend the Revolving Credit Termination Date with respect to consenting Lenders by one year (a “Termination Date Extension”). No Lender will be obligated to provide or commit for any such Termination Date Extension. The Company, to effect such Termination Date Extension, shall provide written notice to the Administrative Agent (which shall promptly deliver a copy to each of the Lenders) not less than 30 days and not more than 120 days prior to any anniversary of the Closing Date. Each Lender shall, by notice to the Company and the Administrative Agent given not later than the 20th day after the date of the Administrative Agent’s receipt of the Company’s extension request, advise the Company whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”). Any Lender that has not so advised the Company and the Administrative Agent by such day shall be deemed to have declined to agree to such extension and shall be a Declining Lender. If Lenders constituting the Majority Lenders shall have agreed to an extension request, then the Revolving Credit Termination Date shall, as to the Consenting Lenders, be extended to the first anniversary of the Revolving Credit Termination Date theretofore in effect. The decision to agree or withhold agreement to any Revolving Credit Termination Date extension shall be at the sole discretion of each Lender. The Revolving Commitment of any Declining Lender shall terminate on the Revolving Credit Termination Date in effect as to such Lender prior to giving effect to any such extension (such Revolving Credit Termination Date being called the “Existing Termination Date”). The principal amount of any outstanding Loans made by Declining Lenders, together with any accrued interest thereon and any accrued fees and other amounts payable to or for the accounts of such Declining Lenders hereunder, shall be due and payable on the Existing Termination Date, and on the Existing Termination Date the Company shall also make such other prepayments of its Loans as shall be required in order that, after giving effect to the termination of the Revolving Commitments of, and all payments to, Declining Lenders pursuant to this sentence, the aggrega...
Termination Date Extension. The first sentence of Section 2.17 is amended to read as follows:
Termination Date Extension. Pursuant to Section 2.18(a) of the Credit Agreement the Borrower is hereby deemed to have requested that, effective as of the Amendment Effective Date, the Termination Date be extended for a period of one year to April 15, 2025. Effective as of the Amendment Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 3 below, pursuant to Section 2.18(b) of the Credit Agreement, each Lender that is not identified on the signature pages hereof as a “Non-Extending Lender” agrees to extend its Termination Date for a period of one year to April 15, 2025. Each Lender that is identified on the signature pages hereof as a “Non-Extending Lender” does not agree to extend its Termination Date and shall be considered a Non-Extending Lender under the Credit Agreement. The parties hereto hereby agree that the foregoing shall constitute the exercise by the Borrower of one of the extensions permitted pursuant to Section 2.18(f) of the Credit Agreement.
Termination Date Extension. Pursuant to Section 2.18(a) of the Credit Agreement the Borrower is hereby deemed to have requested that, effective as of the Amendment Effective Date, the Termination Date with respect to certain Commitments be extended for a period of one year to April 15, 2026. Effective as of the Amendment Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 3 below, pursuant to Section 2.18(b) of the Credit Agreement, each Lender agrees to extend its Termination Date for a period of one or two years, as applicable, to April 15, 2026. The parties hereto hereby agree that the foregoing shall constitute the exercise by the Borrower of one of the extensions permitted pursuant to Section 2.18(f) of the Credit Agreement. The parties hereto further agree that any and all required notices and notice periods under Section 2.18 of the Credit Agreement in connection with such extension request are hereby waived and of no force and effect.
Termination Date Extension. (i) Provided that all of the extension conditions listed in clause (ii) below (collectively, the “Termination Date Extension Conditions”) shall have been satisfied, Seller shall have the option to extend the Stated Termination Date for an additional one (1) year period ending on the one (1) year anniversary of the Stated Termination Date (the “Extension Period”). Seller shall provide notice to Purchaser at least five (5) Business Days prior to the date on which Seller pays the Extension Fee pursuant to Article 3(f)(ii)(C).
Termination Date Extension. If the Borrower shall give to the Agent written notice during December 1995 (or, if so extended pursuant to this Section 2.17, the December of that subsequent year occurring fourteen months prior to the then-current Termination Date) of the Borrower's desire to extend the Termination Date for one additional year then such Termination Date shall be so extended if each Bank by February 28, 1996 (or February 28 of such subsequent year which is one year prior to the then-current Termination Date) shall have provided its written consent to such extension and the Borrower shall have paid such appropriate fees and expenses as may be required by the Banks.
Termination Date Extension. If, by reason of its agreement under Subparagraph 10(f)(iii) hereof, Holder is not permitted to sell Registrable Securities for a period that includes the Termination Date (before any adjustment under this Subparagraph), the Termination Date will be extended by such number of days as equals the number of days from the beginning of such period that Holder is so prevented from selling to the Termination Date (before any adjustment under this Subparagraph). If, by reason of its agreement under Subparagraph 10(b)(iv) hereof, Holder is not permitted to sell Registrable Securities for more than 30 days in any twelve-month period, the Termination Date will be extended by such number of days in such twelve-month period as Holder is so prevented from selling as exceeds such 30 days.
Termination Date Extension. Notwithstanding anything to the contrary set forth herein, Parent shall have the unilateral right to extend the dates set forth in Section 7.1 from June 30, 1999 to September 30, 1999 in the event that the Merger has not been consummated by June 30, 1999 (subject to any applicable extension pursuant to Section 5.10) as a result of any condition set forth in Section 6.3 (other than the condition set forth in Section 6.3(k)) having not been satisfied.
Termination Date Extension. (a) Each Person listed on Schedule A hereto (collectively, the “Extending Lenders”), the Swingline Lender and each Issuing Bank agrees that, on and as of the Amendment Effective Date (as defined below), the Termination Date with respect to such Extending Lender, the Swingline Lender and such Issuing Bank shall be May 28, 2021 (or, if such date is not a Eurodollar Business Day, the next preceding Eurodollar Business Day). Any Person that shall have been a Lender as of the Amendment Effective Date but shall not be an Extending Lender shall constitute a Declining Lender for all purposes of Section 2.18 of the Credit Agreement, and the provisions of the sixth, seventh and eighth sentences of such Section 2.18 shall apply as if the extension of the Termination Date effected hereby had been effected pursuant to such Section. It is agreed that the extension of the Termination Date effected hereby shall not reduce the number of occasions on which the Borrower may further extend the Termination Date in accordance with the terms and conditions of Section 2.18 of the Credit Agreement.
