Common use of Extension for all Requested Lenders Clause in Contracts

Extension for all Requested Lenders. If all Requested Lenders agree to extend the Subject Maturity Date pursuant to a Request for Extension, then the Subject Maturity Date shall be extended for the period requested by the Borrower, provided that following the granting of any such extension, the Maturity Date of the Extending Lenders shall not be more than four years from the applicable Anniversary Date.

Appears in 2 contracts

Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)

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Extension for all Requested Lenders. If all Requested Lenders agree to extend the Subject Maturity Date pursuant to a Request for Extension, then the Subject Maturity Date shall be extended for the period requested by the Borrower, provided that following the granting of any such extension, the Maturity Date of the Extending Agreeing Lenders shall not be more than four three years from the applicable Anniversary Date.

Appears in 2 contracts

Samples: Credit Agreement (Pengrowth Energy Trust), Credit Agreement (Pengrowth Energy Trust)

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Extension for all Requested Lenders. If all Requested Lenders agree to extend the Subject Maturity Date pursuant to a Request for Extension, then the Subject Maturity Date shall be extended for the period requested by the Borrower, provided that following the granting of any such extension, the Maturity Date of the Extending Lenders shall not be more than four three years from the applicable Anniversary Date.

Appears in 1 contract

Samples: Credit Agreement (PENGROWTH ENERGY Corp)

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