Extension Criteria definition

Extension Criteria means the following:
Extension Criteria means, with respect to each extension of the Maturity Date as provided herein, (i) no Event of Default has occurred and is continuing under the Loan, (ii) Borrower sends Lender written request at least sixty (60) days, but not more than one hundred twenty (120) days, prior to the expiration of the initial or Extension Term, as applicable, (an "Extension Notice")
Extension Criteria has the meaning specified in Section 2.2.

Examples of Extension Criteria in a sentence

  • Application for extension shall be made on the Teton County “Development Agreement Extension Application” and shall address the criteria presented on that form and in Exhibit C, Extension Criteria.

  • When granting extensions past the maximum eligibility period, family shelters will comply with the DHSH Family Extension Criteria and single adult shelters will abide by the Single Adult Shelter Reservation & Reservation Extension Policy that define circumstances in which shelter stays may be extended.

  • Obligation of Funds Period of Availability Liquidation of Funds Award Extension Criteria OBLIGATION OF FUNDS Obligations are a legal liability to pay, under a grant, subgrant, and/or contract, determinable sums for services or goods incurred during the grant period.

  • HIGHLIGHTS OF CHAPTER: • Redesignation of Fund Year• Availability of Awards• Obligation of Funds• Expenditure of Funds• Award Extension Criteria REDESIGNATION OF FUND YEAR States are prohibited from changing their block/formula awards and their related obligations and expenditures from one Federal fiscal year to another.

  • As of June 30, 1999 (the "Extension Date"), the Borrower may elect to extend the Non-Default Maturity date of the Revolving Credit Facility from January 1, 2000 to January 1, 2001 (the "Extension Option"); provided that on and at all times prior to the Extension Date, the Borrower is in compliance with the Extension Criteria.


More Definitions of Extension Criteria

Extension Criteria means, with respect to each extension of the Maturity Date as provided herein, (i) no Event of Default has occurred and is continuing under the Loan, (ii) Borrower sends Lender written request at least sixty (60) days, but not more than one hundred twenty (120) days, prior to the expiration of the initial or Extension Term, as applicable, (an "Extension Notice"), (iii) Borrower shall obtain and deliver to Lender prior to exercise of such Extension Term, one or more Replacement Interest Rate Cap Agreements, which Replacement Interest Rate Cap Agreements shall be effective commencing on the first day of such Extension Term and shall have a maturity date not earlier than the Maturity Date, (iv) Borrower pays to Lender the applicable Extension Fee, and (v) Lender has determined that the applicable Extension DSCR Test has been satisfied.
Extension Criteria means that at the time of any request by the Borrower to extend the Non-Default Maturity Date of the Term Loan in accordance with Section 2.1 (b) of this Agreement and as of the Extension Date that: (i) there exists no Default or Event of Default under the Agreement; (ii) at all times prior to the Extension Date there has not occurred any Default or Event of Default which has not been cured or been waived in writing by the Agent, on behalf of the Term Lenders during the applicable cure period, if any; (iii) the Borrower shall have simultaneously extended the maturity date of the Note Obligations as provided in the Note Agreement; and (iv) the Borrower shall have paid the Extension Fee.
Extension Criteria is defined in Section 4.2C. “Extension Request” is defined in Section 4.2X. Xxxx.
Extension Criteria has the meaning set forth in Sub-Section 4.4(b).
Extension Criteria the extension criteria set out in the Price “Extension Implication Notice” 4.2 (Implications of Extension);
Extension Criteria means, collectively (i) the “Extension Criteria,” as defined in the BoA Credit Agreement; (ii) the “Extension Criteria,” as defined in the BoA Repurchase Agreement; (iii) the “Extension Criteria,” as defined in the DB Repurchase Agreement; and (iv) the criteria set forth in Section 9.3 of the Loan Agreement.
Extension Criteria means (1) all filings and registrations required to be made with the Securities and Exchange Commission in connection with the Merger shall have been submitted and no stop order or other action which would unreasonably delay or prevent the effectiveness of any such filing or registration shall exist, (2) all procedural matters related to the Merger shall have been completed by the respective Boards of Directions of Brunswick and STI, including, without