Extension Option Agreement definition
Extension Option Agreement means a written agreement, executed by Borrower, Administrative Agent and each Lender, approving Borrower’s request to exercise the Extension Option. The Extension Option Agreement shall contain the Borrower’s certification that (A) no Default exists, and (B) the representations and warranties contained in Article 6 and the other Loan Documents are true and correct, both before and immediately after giving effect to the extension of the Maturity Date (except to the extent that a representation or warranty specifically refer to an earlier date, in which case they are true and correct as of such earlier date).
Extension Option Agreement means a written agreement, executed by B▇▇▇▇▇▇▇, Administrative Agent and each Lender, approving Borrower’s request to exercise the Extension
Examples of Extension Option Agreement in a sentence
The Extension Option Agreement Date, as such term is used in Section 2.11 of the Credit Agreement, is the date of this Agreement.
This Agreement shall be deemed to be an Extension Option Agreement.
The Company hereby acknowledges (i) the grant to Parent of the Option under the Purchase Agreement and (ii) the grant to Parent and the Company of the Option under the Extension Option Agreement among Marathon, the members of Marathon, the Company and Parent.