Extension Condition definition
Examples of Extension Condition in a sentence
If the Extension Condition is not satisfied, we will terminate the Offer.
Accordingly, if either the Extension Condition or the Maximum Tender Condition has not been satisfied, Lone Oak will extend or terminate the Offer.
The Lead Borrower may, at its election and with the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed), specify as a condition (the “Borrower Minimum Extension Condition”) to consummating any such Extension Amendment that a minimum amount (to be determined and specified in the relevant Extension Request but in no event to be less than the Threshold Minimum Extension Condition) of Commitments become Extended Commitments.
All documentation in respect of such Extension shall be consistent with the foregoing and any applicable Minimum Extension Condition shall be satisfied unless waived by the Borrower.
I have included the subject inside αP just to show that additional material could be there; in fact the main clause subject probably moves outside αP.31 See Chomsky (1965:134), Chomsky (1973:273), or Chomsky (1993:22) for the version known as the Extension Condition.