Common use of Extension Date Clause in Contracts

Extension Date. For purposes of the MTA, VRM agrees to extend the Extension Date to September 30, 2025, subject to the automatic and immediate acceleration of the final payment date of the VRM Full Return upon the occurrence of any Trigger Event.

Appears in 1 contract

Sources: Mta Amendment No. 3 and Amendment No. 2 to the Amended and Restated Security Agreement (MSP Recovery, Inc.)

Extension Date. For purposes of the MTA, VRM agrees to extend the Extension Date to September 30December 31, 20252024, subject to the automatic and immediate acceleration of the final payment date of the VRM Full Return upon the occurrence of any Trigger Event.

Appears in 1 contract

Sources: Master Transaction Agreement (MSP Recovery, Inc.)