Common use of Effect of Extension Clause in Contracts

Effect of Extension. Effective as of the Extension Date, the Revolving Termination Date of each of the Revolving Banks that have agreed to extend their Revolving Termination Date and of each Additional Commitment Bank shall be extended to the date falling one year after the Existing Revolving Termination Date (except that, if such date is not a Business Day, such Revolving Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Bank shall thereupon become a “Revolving Bank” for all purposes of this Credit Agreement; provided that there shall be no change in the Revolving Termination Date of any Non-Extending Bank and on such Revolving Termination Date of any Non-Extending Bank, such Non-Extending Bank’s outstanding Revolving Loans shall be paid in full together with accrued and unpaid interest thereon and accrued and unpaid fees due it hereunder and such Non-Extending Bank’s obligations in respect of outstanding Letters of Credit and Swingline Loans shall terminate.

Effect of Extension. Effective as of the Extension Date, the Revolving Termination Date of each of the Revolving Banks Lenders that have agreed to extend their Revolving Termination Date (each, an “Extending Lender”) and of each Additional Commitment Bank Lender shall be extended to the date falling one year after the Existing Revolving Termination Date (except that, if such date is not a Business Day, such Revolving Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Bank Lender shall thereupon become a “Revolving BankLender” for all purposes of this Credit Agreement; provided provided, however, that there shall be no change in the Revolving Termination Date of any Non-Extending Bank Lender and on such Revolving Termination Date of any Non-Extending BankLender, such Non-Extending BankLender’s outstanding Revolving Loans shall be paid in full together with accrued and unpaid interest thereon and accrued and unpaid fees due it hereunder and such Non-Extending BankLender’s obligations in respect of outstanding Letters of Credit and Swingline Loans shall terminate.

Effect of Extension. Effective as of the Extension Date, the Revolving Termination Date of each of the Revolving Banks that have agreed to extend their Revolving Termination Date (each, an “Extending Bank”) and of each Additional Commitment Bank shall be extended to the date falling one year after the Existing Revolving Termination Date (except that, if such date is not a Business Day, such Revolving Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Bank shall thereupon become a “Revolving Bank” for all purposes of this Credit Agreement; provided provided, however, that there shall be no change in the Revolving Termination Date of any Non-Extending Bank and on such Revolving Termination Date of any Non-Extending Bank, such Non-Extending Bank’s outstanding Revolving Loans shall be paid in full together with accrued and unpaid interest thereon and accrued and unpaid fees due it hereunder and such Non-Extending Bank’s obligations in respect of outstanding Letters of Credit and Swingline Loans shall terminate.