Initial Extended Termination Date definition
Examples of Initial Extended Termination Date in a sentence
Effective as of the Special Rate Period Commencement Date, the Scheduled Termination Date will be extended to the Initial Extended Termination Date and the Initial Extended Termination Date will constitute the Scheduled Termination Date.
The request by Borrowers for the extension of the Initial Extended Termination Date shall constitute a representation and warranty by the Credit Parties that no Event of Default then exists.
The Lenders that have so consented to the extension of the Initial Extended Termination Date to the Final Extended Termination Date are hereinafter referred to as the “Final Extending Lenders/Issuers”.
For the avoidance of doubt, any Lender not responding within the above time period shall be deemed not to have consented to such extension of its Commitment from the Initial Extended Termination Date to the Final Extended Termination Date.
The Lenders and Issuers that have executed the First Amendment on the First Amendment Effective Date in their respective capacities as “Extending Lenders” and/or “Extending Issuers” (each as defined in the First Amendment) and thereby consented to the extension of the Termination Date to the Initial Extended Termination Date are hereinafter referred to as the “Initial Extending Lenders/Issuers”.