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 Bxxxxxxx, Administrative Agent and each Lender, approving Borrower’s request to exercise the Extension

Examples of Extension Option Agreement in a sentence

  • On April 26, 2012, PJX entered into the Vine Extension Option Agreement (the “VE Agreement”) with Klondike Gold Corp.

  • On April 26, 2012, PJX entered into the Vine Extension Option Agreement (the “Agreement”) with Klondike Gold Corp.

  • The variation requested may be approved at the discretion of Council under the provisions of the Residential Codes clause 1.5.7. In exercising its discretion the Council is required to have regard for the effect of such a variation on the amenity of any adjoining lot.

  • The Extension Option Agreement Date, as such term is used in Section 2.11 of the Credit Agreement, is the date of this Agreement.

  • It also issued 50,000 shares under the Collins Bay Extension Option Agreement to bring the total shares outstanding as at August 25, 2009 to 143,660,414 common shares.

  • 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.

  • It also issued 50,000 shares under the Collins Bay Extension Option Agreement to bring the total shares outstanding as at September 24, 2009 to 143,660,414 common shares.

  • Each of the Relevant Contracts is a new contract and effective up to and including 31 December 2010.

Related to Extension Option Agreement

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Renewal Option has the meaning set forth in §12.1.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Election Agreement means an agreement in the form that the Company may designate from time to time that is consistent with the terms of the Plan.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Rental agreement or "lease agreement" means all agreements, written or oral, and valid rules and

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.

  • Seventh Amendment Effective Date shall have the meaning provided in the Seventh Amendment.

  • Eleventh Amendment Effective Date has the meaning set forth in Section 4 of the Eleventh Amendment.