Termination Date Extension Clause Samples

Termination Date Extension. The Company may request an extension of the Termination Date in effect at any time by submitting a written request for an extension to the Agent (an "Extension Request") not more than 59 and not less than 30 days prior to the then effective Termination Date. The request must specify the new Termination Date and the date (which must be at least 30 days after the Extension Request is delivered to the Agent but not later than the then-existing Termination Date) as of which the new Termination Date shall be effective (the "Extension Date"). The new Termination Date shall be 360 days after the Extension Date, including the Extension Date as one of the days in the calculation of the days elapsed. Promptly upon receipt of an Extension Request, the Agent shall notify each Lender of the contents thereof and shall request each Bank to approve the Extension Request. Each Lender approving the Extension Request shall deliver its written consent no later than the Extension Date. Any consent delivered by a Lender to the Agent may be revoked up to and including the fourth day prior to the Extension Date, but shall be irrevocable thereafter. If the consent of each of the Required Lenders is received by the Agent and remains in effect on the Extension Date, the new Termination Date shall become effective on the Extension Date, but only with respect to each Lender which has consented to the Extension Request and the Agent shall promptly notify the Borrower and each Lender of the new Termination Date. Failure of a Lender to respond to an Extension Request after such Lender's receipt of the Extension Request from the Agent shall be deemed a denial of such request. If any Lender does not consent to an Extension Request which is approved by the Required Lenders, then on the Termination Date in effect on the date of the Extension Request but without giving effect to approval of the Extension Request, (a) the Company shall pay to such Lender all amounts then payable to such Bank under this Agreement and (b) such Lender's Commitment shall terminate." (e) Section 5.2(b) of each Credit Agreement is hereby amended in its entirety to read as follows:

Termination Date Extension. (a) Each Person listed on Schedule I hereto (collectively, the “Extending Lenders”), the Swingline Lender and each Issuing Bank agrees that, on and as of the Amendment Effective Date (as defined below), the Termination Date with respect to such Extending Lender, the Swingline Lender and such Issuing Bank shall be May 28, 2022 (or, if such date is not a Eurodollar Business Day, the next preceding Eurodollar Business Day). Any Person that shall have been a Lender as of the Amendment Effective Date but shall not be an Extending Lender shall constitute a Declining Lender for all purposes of Section 2.18 of the Credit Agreement, and the provisions of the sixth, seventh and eighth sentences of such Section 2.18 shall apply as if the extension of the Termination Date effected hereby had been effected [[3871953]] 2 pursuant to such Section. It is agreed that the extension of the Termination Date effected hereby shall not reduce the number of occasions on which the Borrower may further extend the Termination Date in accordance with the terms and conditions of Section 2.18 of the Credit Agreement. (b) Each party hereto acknowledges and agrees that the amount of each Lender’s Commitment as of the Amendment Effective Date shall be as set forth on Schedule I hereto and that, on and as of Amendment Effective Date, Schedule I hereto sets forth all the Commitments of all the Lenders (and no Person whose name does not appear on such Schedule shall have, or shall be deemed to have, as of the Amendment Effective Date, a Commitment under the Credit Agreement). (c) Each party hereto acknowledges and agrees that, on the Amendment Effective Date, the Percentages of the Lenders shall automatically be redetermined to give effect to Schedule I hereto. Without limiting the foregoing, each Lender further acknowledges and agrees that, on the Amendment Effective Date and without any further action on the part of any Person, each Issuing Bank shall be deemed to have granted to such Lender, and such Lender shall have acquired from such Issuing Bank, a participation in each Letter of Credit (and the related Letter of Credit Liabilities) issued by such Issuing Bank and outstanding on the Amendment Effective Date equal to such Lender’s Percentage (as so automatically redetermined on the Amendment Effective Date) thereof.

Termination Date Extension. The first sentence of Section 2.17 is amended to read as follows:

Termination Date Extension. Pursuant to Section 2.18(a) of the Credit Agreement the Borrower is hereby deemed to have requested that, effective as of the Amendment Effective Date, the Termination Date with respect to certain Commitments be extended for a period of one year to April 15, 2026. Effective as of the Amendment Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 3 below, pursuant to Section 2.18(b) of the Credit Agreement, each Lender agrees to extend its Termination Date for a period of one or two years, as applicable, to April 15, 2026. The parties hereto hereby agree that the foregoing shall constitute the exercise by the Borrower of one of the extensions permitted pursuant to Section 2.18(f) of the Credit Agreement. The parties hereto further agree that any and all required notices and notice periods under Section 2.18 of the Credit Agreement in connection with such extension request are hereby waived and of no force and effect.

Termination Date Extension. Pursuant to Section 2.18(a) of the Credit Agreement the Borrower is hereby deemed to have requested that, effective as of the Amendment Effective Date, the Termination Date be extended for a period of one year to April 15, 2025. Effective as of the Amendment Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 3 below, pursuant to Section 2.18(b) of the Credit Agreement, each Lender that is not identified on the signature pages hereof as a “Non-Extending Lender” agrees to extend its Termination Date for a period of one year to April 15, 2025. Each Lender that is identified on the signature pages hereof as a “Non-Extending Lender” does not agree to extend its Termination Date and shall be considered a Non-Extending Lender under the Credit Agreement. The parties hereto hereby agree that the foregoing shall constitute the exercise by the Borrower of one of the extensions permitted pursuant to Section 2.18(f) of the Credit Agreement.

Termination Date Extension. If the Borrower shall give to the Agent written notice during December 1996 (or, if so extended pursuant to this Section 2.17, the December of that subsequent year occurring fourteen months prior to the then-current Termination Date) of the Borrower's desire to extend the Termination Date for one additional year then such Termination Date shall be so extended if each Bank by February 28, 1997 (or February 28 of such subsequent year which is one year prior to the then-current Termination Date) shall have provided its written consent to such extension and the Borrower shall have paid such appropriate fees and expenses as may be required by the Banks.

Termination Date Extension. Notwithstanding anything to the contrary set forth herein, Parent shall have the unilateral right to extend the dates set forth in Section 7.1 from June 30, 1999 to September 30, 1999 in the event that the Merger has not been consummated by June 30, 1999 (subject to any applicable extension pursuant to Section 5.10) as a result of any condition set forth in Section 6.3 (other than the condition set forth in Section 6.3(k)) having not been satisfied.

Termination Date Extension. If, by reason of its agreement under Subparagraph 10(f)(iii) hereof, Holder is not permitted to sell Registrable Securities for a period that includes the Termination Date (before any adjustment under this Subparagraph), the Termination Date will be extended by such number of days as equals the number of days from the beginning of such period that Holder is so prevented from selling to the Termination Date (before any adjustment under this Subparagraph). If, by reason of its agreement under Subparagraph 10(b)(iv) hereof, Holder is not permitted to sell Registrable Securities for more than 30 days in any twelve-month period, the Termination Date will be extended by such number of days in such twelve-month period as Holder is so prevented from selling as exceeds such 30 days.

Termination Date Extension. 39 ARTICLE III: