Common use of Extension of Scheduled Maturity Date Clause in Contracts

Extension of Scheduled Maturity Date. Each Lender party hereto, other than each Lender designated in its signature page hereto as a Non-Extending Lender (a “Non-Extending Lender”), hereby (a) agrees to the Extension and (b) agrees that, effective as of the date hereof, the Scheduled Maturity Date with respect to such Lender’s Commitment shall be September 30, 2018 (each such extending Lender, an “Extending Lender”). Notwithstanding anything to the contrary in Section 2.14 of the Credit Agreement, the Extension shall be deemed to have been effected pursuant to Section 2.14 of the Credit Agreement and, after giving effect to this Amendment, the Parent Borrower shall have the right to request additional one-year extensions of the Scheduled Maturity Date up to an additional two times pursuant to, and in accordance with, Section 2.14 of the Credit Agreement. In addition, the parties hereto hereby agree and acknowledge that for each Non-Extending Lender, the Scheduled Maturity Date applicable to such Lender immediately prior to this Amendment shall remain the Scheduled Maturity Date for such Lender.