Maturity Extension Request definition

Maturity Extension Request has the meaning assigned to such term in Section 2.08(d).

Maturity Extension Request shall have the meaning provided in Section 4.04.

Maturity Extension Request means a written request by the Company to the Administrative Agent (with a copy to the Collateral Agent) to extend the Scheduled Termination Date to April 1, 2025; provided that (x) the Company may not make more than one Maturity Extension Request and (y) the Maturity Extension Request may not be made if an Event of Default has occurred and is continuing, a Market Value Event has occurred or, without limitation to the foregoing, the Maturity Date has otherwise occurred.

Examples of Maturity Extension Request in a sentence

• The decision to agree or withhold agreement to any Maturity Extension Request shall be at the sole discretion of each Lender.

• Each Lender shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day after the date of the Administrative Agent’s receipt of the Borrower’s Maturity Extension Request, advise the Borrower whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”).

• If Lenders constituting the Required Lenders shall have agreed to a Maturity Extension Request, then the Maturity Date shall, as to the Consenting Lenders, be extended by one year to the anniversary of the Maturity Date in effect at such time.

• If Lenders constituting the Required Lenders shall have agreed to a Maturity Extension Request, then the Maturity Date shall, as to the Consenting Lenders, be extended by one year to the anniversary of the Maturity Date theretofore in effect.

• Notwithstanding the foregoing provisions of this Section 2.14, the Borrower shall have the right, pursuant to Section 10.04(g), at any time prior to the then Existing Maturity Date, to replace a Declining Lender with a Lender or other financial institution that will agree to a Maturity Extension Request so long as the Required Lenders shall have granted their consent to such Maturity Extension Request, and any such replacement Lender shall for all purposes constitute a Consenting Lender.

• Each Lender shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day after the date of the Administrative Agent’s receipt of the Borrower’s respective Maturity Extension Request, advise the Borrower whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”).

• If Lenders constituting the Required Lenders shall have agreed to a Maturity Extension Request, then the Maturity Date shall, as to the Consenting Lenders, be extended by one year to the anniversary of the Maturity Date in effect at such time as to such Consenting Lenders.

• Notwithstanding the foregoing provisions of this paragraph, the Borrower shall have the right, pursuant to Section 2.13, at any time prior to the then Existing Maturity Date, to replace a Declining Lender with a Lender or other financial institution that will agree to a Maturity Extension Request, and any such Replacement Lender shall for all purposes constitute a Consenting Lender.

• April 1, 2025 (or, if a Maturity Extension Request is consented to by the Administrative Agent in its sole discretion, April 1, 2026).

• Each Lender shall, by notice to the Company and the Administrative Agent given not later than the 20th day after the date of the Administrative Agent’s receipt of the Company’s Maturity Extension Request, advise the Company whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”).

More Definitions of Maturity Extension Request

Maturity Extension Request means a request by the Company, in the form of Exhibit K hereto or such other form as shall be approved by the Administrative Agent, for the extension of the then-existing Revolving Credit Termination Date pursuant to Section 3.10.

Maturity Extension Request has the meaning specified in Section 2.16(a).

Maturity Extension Request means a written request by the Company to the Administrative Agent (with a copy to the Collateral Agent) (and with copies forwarded to the Lenders by the Administrative Agent following receipt) to extend the Scheduled Termination Date for a period of one calendar year from the Scheduled Termination Date; provided that (x) the Company may not make a Maturity Extension Request prior to the date that is one calendar year following the Effective Date and (y) no Maturity Extension Request may be made if an Event of Default has occurred and is continuing, a Market Value Event has occurred or, without limitation to the foregoing, the Maturity Date has otherwise occurred.

Maturity Extension Request means a written request by the Company to the Administrative Agent (with a copy to the Collateral Agent) to extend the Scheduled Termination Date to April 1, 2027; provided that (x) the Company may not make more than one Maturity Extension Request and (y) the Maturity Extension Request may not be made if an Event of Default has occurred and is continuing, a Market Value Event has occurred or, without limitation to the foregoing, the Maturity Date has otherwise occurred. "Maximum Rate" has the meaning set forth in Section 10.08. "Mezzanine Obligation" means a Portfolio Investment which is unsecured, subordinated debt of the applicable obligor. "Minimum Funding Amount" means, on any date of determination, the amount set forth in the table below: December 2, 2024 April 25, 2020 January 1, 2025 Minimum Funding Amount (U.S.$ or % of Financing Commitment) 53.6% June 2, 2021