Common use of Extended Revolving Credit Commitments Clause in Contracts

Extended Revolving Credit Commitments. (a) Pursuant to Section 2.15 of the Existing Credit Agreement, upon the occurrence of the Second Amendment Effective Date (as defined below), the Maturity Date of the Extended Revolving Credit Commitments of each Extending Lender shall be extended to the “Maturity Date” under the Amended Credit Agreement (as defined below). This Amendment shall be deemed to satisfy any notice required under Section 2.15(d) of the Existing Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Clear Channel Outdoor Holdings, Inc.)

Extended Revolving Credit Commitments. (a) Pursuant to Section 2.15 2.16 of the Existing Credit Agreement, upon the occurrence of the Second First Amendment Effective Date (as defined below), the Maturity Date of the Extended Revolving Credit Commitments of each Extending Lender shall be extended to the “Revolving Credit Facility Maturity Date” as defined under the Amended Credit Agreement (as defined below). This Amendment shall be deemed to satisfy any notice required under Section 2.15(d) of the Existing Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Clear Channel Outdoor Holdings, Inc.)

Extended Revolving Credit Commitments. (a) Pursuant to Section 2.15 of the Existing Credit Agreement, upon the occurrence of the Second Third Amendment Effective Date (as defined below), the Maturity Date of the Extended Revolving Credit Commitments of each Extending Lender shall be extended to the “Maturity Date” under the Amended Credit Agreement (as defined below). This Amendment shall be deemed to satisfy any notice required under Section 2.15(d) of the Existing Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Clear Channel Outdoor Holdings, Inc.)