Extension Request definition
Examples of Extension Request in a sentence
No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its Revolving Commitments amended into Extended Revolving Credit Commitments, as applicable, pursuant to any Extension Request.
On the date an Extension Request is given and on the then current Maturity Date (as determined without regard to such extension) there shall exist no Default or Event of Default.
Administrative Agent shall notify Lenders of its receipt of any such Extension Request within five (5) Business Days of its receipt thereof.
The Borrower shall provide the applicable Extension Request at least five Business Days prior to the date on which Lenders under the Existing Term Loan Tranche or Existing Revolver Tranche, as applicable, are requested to respond, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Administrative Agent and the Borrower, in each case acting reasonably to accomplish the purposes of this Section 2.25.
No less than the Required Lenders shall have approved the Extension Request.