Examples of Facility Extension Request in a sentence
No Potential Default or Event of Default shall have occurred and be continuing at the time the Facility Extension Request is delivered or as of the date of the proposed extension, or would result from the extension of the Stated Maturity Date.
No failure on the part of Sellers to request an extension of the Facility Period on a Facility Extension Request Date shall be deemed to waive Sellers’ right to make such a request on a subsequent Facility Extension Request Date.
Any Lender not responding within such time period shall be deemed to have declined such Facility Extension Request.
On or prior to the date that is thirty (30) days after receipt by the Administrative Agent of a Facility Extension Request (the "NOTICE DATE"), each Lender shall notify the Administrative Agent of its decision regarding such requested extension and the Administrative Agent shall promptly notify the Company of such decision by the Lenders.
The Borrower shall deliver a Facility Extension Request no earlier than the date which is ninety (90) days prior to the Stated Maturity Date and no later than the date which is thirty (30) days prior to Stated Maturity Date (or such shorter period agreed to by the Administrative Agent in writing).