Examples of Request for an Offer of Extension in a sentence
Canadian Agent shall forthwith provide a copy of the Request for an Offer of Extension to each of the Lenders.
The failure of a Lender to so notify Canadian Agent within such thirty day period shall be deemed to be notification by such Lender to Canadian Agent that such Lender has denied Canadian Borrowers' Request for an Offer of Extension.
US Agent shall forthwith provide a copy of the Request for an Offer of Extension to each of the Tranche B Lenders.
The failure of a Lender to so notify US Agent within such thirty day period shall be deemed to be notification by such Lender to US Agent that such Lender has denied US Borrower's Request for an Offer of Extension.
US Agent shall forthwith provide a copy of the Request for an Offer of Extension to each of the Lenders.
The failure of a Lender to so notify US Agent within such twenty day period shall be deemed to be notification by such Lender to US Agent that such Lender has denied US Borrower's Request for an Offer of Extension.
The Agent shall not provide the Borrower with an offer to extend the Term Date in accordance with Section 3.21(a) if Requested Lenders holding more than thirty-three and one third percent (331/3%) of the aggregate of the Commitments of all Requested Lenders do not agree or are deemed not to agree to make an offer to the Borrower to extend the Term Date pursuant to the Request for an Offer of Extension.
If all Requested Lenders agree to make an offer to the Borrower to extend the Term Date pursuant to a Request for an Offer of Extension and the Borrower accepts the applicable offer in accordance with Section 3.21(a), then the Term Date of each Requested Lender shall be extended for a period of three hundred and sixty-four (364) days from the date of the acceptance by the Borrower of the offer made to it to extend the Term Date by the Agent on behalf of such Requested Lenders.
Each Canadian Lender hereby waives the requirement under Section 1.6(a) of the Original Agreement that a Request for an Offer of Extension be made by a specific date prior to the current Canadian Conversion Date of June 6, 2003 and further agrees that the date for acceptance by Canadian Borrowers of the Offer of Extension made hereby shall be extended to June 5, 2003, notwithstanding the terms of Section 1.6(b) of the Original Agreement.
If all Requested Lenders agree to the Request for an Offer of Extension and the Borrowers accept such Offer of Extension pursuant to Section 4.1(a), then the respective Stated Term Dates for all Requested Lenders shall be extended to the New Stated Term Date pursuant to such request.