Facility Extension Option definition

Facility Extension Option as defined in Section 2.6.
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Facility Extension Option has the meaning specified in Section 3.3.
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Facility Extension Option shall have the meaning specified in Section 3(e) of this Agreement.
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Examples of Facility Extension Option in a sentence

  • Administrative Agent shall notify Borrower and the Lenders upon the effectiveness of the Facility Extension Option (provided, that such notice shall not be required in order for the Facility Extension Option to become effective).

  • The Administrative Agent will notify the Borrowers and the Lenders upon the effectiveness of the Eighteen Month Facility Extension Option.

  • The Agent will notify the Seller and the Banks promptly upon the effectiveness of the Eighteen Month Facility Extension Option.

  • Yes 🞏 No ⌧ The registrant had outstanding 225.1 million shares of common stock as of July 29, 2022.

  • Without limitation to the foregoing, Buyer and Seller hereby expressly acknowledge and agree that, for purposes of clause (ii) of the definition of Facility Amount in the Repurchase Agreement, Seller shall not be deemed to have exercised its first Facility Extension Option as of the date hereof.

  • Subject to the terms of this Agreement, the Swingline Lenders make available to Imperial Finance a committed swingline facility with a Swingline Facility Extension Option in an aggregate amount equal to the Total Swingline Commitments.

  • Notwithstanding anything to the contrary, any Facility Extension Option exercised or deemed exercised prior to the date hereof, including, without limitation, any exercise or deemed exercise of a Facility Extension Option as of April 22, 2019, is hereby reinstated such that Seller shall have Facility Extension Options for up to five (5) successive one (1) year periods commencing on the Initial Facility Termination Date (as such term is amended and restated by this Amendment).

  • The Administrative Agent will notify the Borrower and the Lenders upon the effectiveness of the Fifteen Month Facility Extension Option.

  • Notwithstanding anything to the contrary, any Facility Extension Option exercised or deemed exercised prior to the date hereof, including, without limitation, any exercise or deemed exercise of a Facility Extension Option as of February 24, 2016, is hereby reinstated such that Seller shall have Facility Extension Options for up to five (5) successive one (1) year periods commencing on the Initial Facility Termination Date (as such term is amended and restated by this Amendment).

  • The Agent will notify the Seller and the Banks promptly upon the effectiveness of the Fifteen Month Facility Extension Option.

Related to Facility Extension Option

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

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

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

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

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

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Minimum Extension Condition has the meaning specified in Section 2.15(b).

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

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

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

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

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

  • 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.

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

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

  • Extended Term shall have the meaning given such term in Section 2.4.

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

  • 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.

  • 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.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Extension Conditions Defined in Section 3.06(a).

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Non-Extended Facility has the meaning specified in Section 3.5(d).

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Aggregate extension base means the taxing district's