Examples of Lender Extension Notice Date in a sentence
Each Lender that notifies the Administrative Agent that it is not extending the Commitment Termination Date for its Commitment, and any Lender that does not respond to the Administrative Agent regarding an extension request on or before the Lender Extension Notice Date, shall be deemed to be a “Nonconsenting Lender”.
If any Lender shall not so notify the Administrative Agent by the Lender Extension Notice Date, such Lender shall be deemed to be a Nonconsenting Lender.
Each Lender of the applicable Class that determines not to so extend its Applicable Maturity Date (a “Non-Extending Lender”) shall notify the Administrative Agent of such determination promptly after such determination (but in any event no later than the Lender Extension Notice Date), and any Lender of the applicable Class that does not so advise the Administrative Agent on or before the Lender Extension Notice Date shall be deemed to be a Non-Extending Lender.
The Administrative Agent shall notify the Borrower of each applicable Lender’s determination under this Section 2.21 no later than the date that is the earlier of (x) 15 days prior to the applicable Extension Date and (y) 20 days following the Lender Extension Notice Date (or, in each case, if such date is not a Business Day, on the next preceding Business Day), or such later date as is acceptable to the Borrower.
Any Lender that does not so advise the Administrative Agent on or before the Lender Extension Notice Date shall be deemed to be a Nonconsenting Lender.
The Administrative Agent shall notify the Borrower as to each Lender’s determination under this Section on the earlier of (x) the date that is one (1) Business Day after the Administrative Agent receives notice of such Lender’s determination or (y) the date that is one (1) Business Day after the Lender Extension Notice Date, in each case, if such date is not a Business Day, on the next preceding Business Day.
Each Lender that determines not to so extend its Existing Termination Date (a “Nonconsenting Lender”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Extension Notice Date).