Common use of Extension of Revolving Credit Maturity Date Clause in Contracts

Extension of Revolving Credit Maturity Date. Upon the written request of the Borrowers, which request shall be received by the Agent at least sixty (60) days prior to the then existing Revolving Credit Maturity Date, and subject to payment of an extension fee by Borrowers, the Revolving Credit Maturity Date shall be extended for up to two additional twelve (12) month periods beyond the then existing Revolving Credit Maturity Date, provided that the Borrowers have fully complied with all of the financial covenants pursuant to Subsection 6.2 of this Agreement and materially complied with all other covenants, terms, conditions and provisions of this Agreement for the six (6) quarters preceding the then existing Revolving Credit Maturity Date. In such event, the Borrowers may be required by the Agent, in its discretion, to execute and deliver to the Banks, not later than the earlier Revolving Credit Maturity Date, new Notes, with appropriate inserts therein as to date, date of payments, and any appropriate recitals.

Extension of Revolving Credit Maturity Date. Upon the written request of the Borrowers, which request shall be received by the Agent at least sixty (60) days prior to the then existing Revolving Credit Maturity Date, and subject to payment of an extension fee by Borrowers, the Revolving Credit Maturity Date shall be extended a single time for up to two additional a period of twelve (12) month periods months beyond the then existing Revolving Credit Maturity Date, provided that the Borrowers have fully complied with all of the financial covenants pursuant to Subsection 6.2 of this Agreement and materially complied with all other covenants, terms, conditions and provisions of this Agreement for the six (6) quarters preceding the then existing Revolving Credit Maturity Date. In such event, the Borrowers may be required by the Agent, in its discretion, to execute and deliver to the Banks, not later than the earlier Revolving Credit Maturity Date, new Revolving Credit Notes, with appropriate inserts therein as to date, date of payments, and any appropriate recitals.

Extension of Revolving Credit Maturity Date. Upon the written request of the Borrowers, which request shall must be received by the Agent at least sixty (60) days days, but not more than ninety (90) days, prior to the then existing Revolving Credit Maturity Date, and subject to payment by Borrowers of an the extension fee by Borrowersreferred to in Subsection 2.8(c) of this Agreement, the Revolving Credit Maturity Date shall be extended for up to two one additional twelve (12) month periods period beyond the then existing Revolving Credit Maturity Date, provided that the Borrowers have fully complied with all of the financial covenants pursuant to Subsection 6.2 of this Agreement and materially complied with all other covenants, terms, conditions and provisions of this Agreement for the six (6) quarters preceding the then existing Revolving Credit Maturity Date. In such event, the Borrowers may be required by the Agent, in its discretion, to execute and deliver to the Banks, not later than the earlier Revolving Credit Maturity Date, new Notes, with appropriate inserts therein as to date, date of payments, and any appropriate recitals.