Common use of Commitment Extension Clause in Contracts

Commitment Extension. Each of the Borrower and each Extending Bank hereby agrees that the Maturity Date with respect to the Commitment of such Extending Bank shall be December 6, 2028. It is understood and agreed that the Maturity Date with respect to the Commitment of any Declining Bank shall remain the existing Maturity Date (without regard to the extension applicable to the Commitments of the Extending Banks that is memorialized hereunder (the “Subject Extension”); provided that the Borrower shall continue to have the right to replace any Declining Bank (with respect to all or any portion of its Commitment) following the effective date hereof.) Each of the parties hereto agree that irrespective of any conflict with the terms of the Credit Agreement: (a) for purposes of the Extension Provisions, (i) the Notice Date with respect to the extension of the Commitments of the Extending Banks that is memorialized hereunder (the “Subject Extension”) shall be January 9, 2025 and (ii) that such Notice Date shall satisfy the applicable requirements of the Extension Provisions with respect to the Subject Extension and (b) this Agreement shall (i) constitute written notice to the Borrower from the Administrative Agent of the Banks’ decision with respect to the Subject Extension and

Commitment Extension. Each of the Borrower and each Extending Bank hereby agrees that the Maturity Date with respect to the Commitment of such Extending Bank shall be December 6, 2028. It is understood and agreed that the Maturity Date with respect to the Commitment of any Declining Bank shall remain the existing Maturity Date (without regard to the extension applicable to the Commitments of the Extending Banks that is memorialized hereunder (the “Subject Extension”); provided that the Borrower shall continue to have the right to replace any Declining Bank (with respect to all or any portion of its Commitment) following the effective date hereof.) Each of the parties hereto agree that irrespective of any conflict with the terms of the Credit Agreement: (a) for purposes of the Extension Provisions, (i) the Notice Date with respect to the extension of the Commitments of the Extending Banks that is memorialized hereunder (the “Subject Extension”) shall be January 9, 2025 and (ii) that such Notice Date shall satisfy the applicable requirements of the Extension Provisions with respect to the Subject Extension and (b) this Agreement shall (i) constitute written notice to the Borrower from the Administrative Agent of the Banks’ decision with respect to the Subject Extension andand (ii) satisfy and discharge the notification obligations of the Administrative Agent with respect to Subject Extension without any further action in the manner required by the Extension Provisions.