Facility Extension Notice definition

Facility Extension Notice means the notice in the form of Schedule 13 (Facility Extension Notice) as defined in Clause 7.3 (Extension of Facility).
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Facility Extension Notice has the meaning specified in Section 3.3(a). “Facility Extension Option” has the meaning specified in Section 3.3.
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Facility Extension Notice has the meaning specified in Section 3.3(a).
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Examples of Facility Extension Notice in a sentence

  • A Facility Extension Notice shall not be regarded as having been duly completed unless it is duly signed by the Company and specifies the requested Extended Termination Date.

  • Any such Facility Extension Notice shall be delivered not later than 90 calendar days before the First Termination Date.


More Definitions of Facility Extension Notice

Facility Extension Notice means a notice in the form set out in schedule 14 (Form of Facility Extension Notice);
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Facility Extension Notice given no later than sixty days prior to the Stated Termination Date, convert the Revolving Credit Outstandings on the Stated Termination Date into term loans on the terms and conditions set forth in this Section 2.2; provided, however, that the Lenders will not be required and shall have no obligation to convert any Revolving Credit Outstandings pursuant to the terms in this Section 2.2 if the applicable conditions precedent thereto set forth in Article V have not been satisfied. No Facility Extension Loan that is a Eurodollar Rate Loan shall be made which has an Interest Period that extends beyond the Facility Extension Loan Termination Date and each Facility Extension Loan that is a Eurodollar Rate Loan may, subject to the provisions of Section 2.4, be repaid only on the last day of the Interest Period with respect thereto unless such payment is accompanied by the additional payment, if any, required by Section 4.5. The Administrative Agent shall promptly transmit any Facility Extension Notice to each Lender.
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Facility Extension Notice shall have the meaning set forth in Section 2.1.4(c).
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Related to Facility Extension Notice

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

  • Extension Notice has the meaning specified in Section 308.

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

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Extension Request has the meaning provided in Section 2.20(a).

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extension Conditions Defined in Section 3.06(a).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Exhibit 3.2, as required by Section 3.2.

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

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

  • Activation Notice have the meanings ascribed thereto in Annex C.

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Grace Period Extension Date means, if:

  • Increased Facility Activation Notice a notice substantially in the form of Exhibit G.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Extension Term means the time period defined in §2.C.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Extension Date has the meaning specified in Section 2.19(b).