Extension of Revolving Period. The Borrower may, at any time after the first anniversary of the Effective Date and prior to the date that is 45 days prior to the last date of the Revolving Period, deliver a written notice to each Agent (with a copy to the Collateral Agent and the Facility Agent) requesting an extension of the Revolving Period for an additional twelve months (each qualifying request, an “Extension Request”). Each Lender may approve or decline an Extension Request in its sole discretion; provided, that the Lenders shall respond to an Extension Request in writing not later than 30 days following receipt of such Extension Request, and if any Lender does not respond in writing by the end of such 30 day period it shall be deemed to have denied such Extension Request. No request by the Borrower to extend the Revolving Period shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents.
Extension of Revolving Period. The Borrower may, at any time after the one-year anniversary of the Effective Date and prior to the date that is 20 Business Days prior to the last date of the Revolving Period, deliver a written notice to the Facility Agent requesting an extension of the Revolving Period for a minimum of twelve months. In the respective sole discretion of each Agent, the Revolving Period shall be extended to a date mutually agreed upon by the Borrower and the Agents and in accordance with the other terms and conditions as may be agreed to from time-to-time by the Borrower and the Facility Agent.
Extension of Revolving Period. The Borrower may, at any time commencing with the date that is nine (9) months prior to the last date of the Revolving Period and ending on the date that is immediately prior to the date that is 45 days prior to the last date of the Revolving Period, deliver a written notice to each Lender Agent (with a copy to the Agent and the Collateral Agent) requesting an extension of the Revolving Period and Facility Termination Date for an additional twelve months (each qualifying request, an “Extension Request”). Each Lender may approve or decline an Extension Request in its sole discretion; provided, that the Lenders shall respond to an Extension Request in writing not later than 30 days following receipt of such Extension Request, and if any Lender does not respond in writing by the end of such 30-day period it shall be deemed to have denied such Extension Request. No request by the Borrower to extend the Revolving Period shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents.
Extension of Revolving Period. (a) The Borrower may, at any time prior to the date that is thirty (30) days prior to the last day of the Revolving Period, request an extension of the Revolving Period by providing written notice of such request to each Agent and to the Facility Agent (an “Extension Request”). Any Lender Group agreeing to extend the Revolving Period with respect to its Commitment (each, an “Extending Lender Group”) shall, through its Agent, provide written notice of its agreement to extend the Revolving Period to the Facility Agent and the Borrower. No Lender Group shall have any obligation to agree to extend the Revolving Period with respect to its Commitment; and in the event any Agent, on behalf of its Lender Group, shall not provide written notice of its agreement to extend the Revolving Period within thirty (30) days following its receipt of the Extension Request, such Lender Group shall be deemed to have rejected such Extension Request (each, a “Non-Extending Lender Group”). The Borrower may withdraw any Extension Request in its sole discretion prior to the effectiveness of such extension, including without limitation in connection with any rejection or deemed rejection by any Agent (on behalf of its Lender Group) of any Extension Request.
Extension of Revolving Period. The Lender hereby confirms that the current Term Date (and for certainty, the current Revolving Period) will now end on May 31, 2019.
Extension of Revolving Period. The Borrower may, at any time after the first anniversary of the Effective Date and prior to the date that is twenty Business Days prior to the last date of the Revolving Period, deliver a written notice to each Lender (with a copy to the Administrative Agent and the Collateral Agent) requesting an extension of the Revolving Period for an additional twelve months (each qualifying request, an “Extension Request”). Each Lender may approve or decline an Extension Request in its sole discretion; provided, that the Lenders shall respond to an Extension Request in writing not later than 30 days following receipt of such Extension Request, and if any Lender does not respond in writing by the end of such 30 day period it shall be deemed to have denied such Extension Request. No request by the Borrower to extend the Revolving Period shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents. Each Lender shall promptly notify the Administrative Agent (with a copy to the Collateral Agent) of any approved Extension Request. The Servicer (via the Collateral Agent’s Website) shall promptly provide notice of any approved Extension Request to Morningstar. All Extension Requests must be approved by all Lenders to be effective, except for any Lender to which an Extension Rejection Payment is made.
Extension of Revolving Period. The Borrower may, at any time after the first anniversary of the Effective Date and prior to the date that is twenty Business Days prior to the last day of the then effective Revolving Period, deliver a written notice to each Lender (with a copy to the Facility Agent and the Collateral Agent) requesting an extension of the Revolving Period for an additional twelve months (each qualifying request, an “Extension Request”). Each Lender may approve or decline (each such declining Lender, a “Non-Extending Lender”) an Extension Request in its sole discretion; provided, that the Lenders shall respond to an Extension Request in writing not later than 30 days following receipt of such Extension Request, and if any Lender does not respond in writing by the end of such 30 day period it shall be deemed to have denied such Extension Request. Each Lender shall promptly notify the Facility Agent (with a copy to the Collateral Agent) of any approved Extension Request. All Extension Requests must be approved by all Lenders to be effective, except for any Non-Extending Lender which has been or is expected to be repaid in full by the date that is 60 months after the Effective Date.
Extension of Revolving Period. The Borrower may, at any time after the first anniversary of the Effective Date and prior to the date that is ten Business Days prior to the last date of the Revolving Period, deliver a written notice to the Administrative Agent requesting an extension of the Revolving Period for an additional twelve months (an “Extension Request”). The Administrative Agent may approve or decline an Extension Request in its sole discretion. No request by the Borrower to extend the Revolving Period shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents.
Extension of Revolving Period. The Borrower may, at any time after the first anniversary of the Amendment No. 1 Effective Date and prior to the date that is twenty Business Days prior to the last day of the then effective Revolving Period, deliver a written notice to each Lender (with a copy to the Administrative Agent and the Collateral Agent) requesting an extension of the Revolving Period for an additional twelve months (each qualifying request, an “Extension Request”); provided, that any such extension of the Revolving Period will result in a corresponding extension of the Facility Termination Date and the Refinancing Date by the same length of time. Each Lender may approve or decline (a “Non-Extending Lender”) an Extension Request in its sole discretion; provided, that the Lenders shall respond to an Extension Request in writing not later than 30 days following receipt of such Extension Request, and if any Lender does not respond in writing by the end of such 30 day period it shall be deemed to have denied such Extension Request. No request by the Borrower to extend the Revolving Period shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents. Each Lender shall promptly notify the Administrative Agent (with a copy to the Collateral Agent) of any approved Extension Request. The Servicer (via the Collateral Agent's Website) shall promptly provide notice of any approved Extension Request to Morningstar (via email at XXXXxxxxxxxxx@xxxxxxxxxxx.xxx); provided, that no Extension Request beyond an initial twelve month extension of the Revolving Period shall be effective unless Morningstar confirms in writing that the rating of the Class A-2 Commitments and Class A-2 Advances is not downgraded or withdrawn based on such extension. All Extension Requests must be approved by all Lenders to be effective, except for any Non-Extending Lender which has been or is expected to be repaid in full by the date that is 60 months after either (i) the Amendment No. 1 Effective Date, in the case of the first such approved Extension Request or (ii) the date the Revolving Period was last extended with the approval of a Non-Extending Lender.
Extension of Revolving Period. The Borrower may, at any time after the Closing Date and prior to the last date of the Revolving Period, deliver a written notice to each Lender (with a copy to the Facility Agent) requesting an extension of the Revolving Period. In the respective sole discretion of each Lender, the Revolving Period shall be extended to a date mutually agreed upon by the Borrower and the Lenders and in accordance with the other terms and conditions as may be agreed to from time-to-time by the Borrower, the Lenders and the Facility Agent.
