Extension Option. (a) The Termination Date in relation to Facility D shall be extended by 364 days if the Company gives notice to the Facility Agent not less than 45 days before the then Termination Date in relation to Facility D and no Event of Default is continuing on the date of such notice nor on the original Termination Date of Facility D. Such notice is irrevocable. (b) There may be only one extension of the Termination Date of Facility D.
Appears in 5 contracts
Sources: Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC)
Extension Option. (a) The Termination Date in relation to Facility D shall be extended by 364 days if the Company gives notice to the Facility Agent not less than 45 days before the then Termination Date in relation to Facility D and no Event of Default is continuing on the date of such notice nor on the original Termination Date of Facility D. the Facility. Such notice is irrevocable.
(b) There may be only one extension of the Termination Date of Facility D.the Facility.
Appears in 4 contracts
Sources: Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC)