Common use of Extension Offers Clause in Contracts

Extension Offers. Notwithstanding anything to the contrary in this Agreement, including Section 2.16(c) (which provisions shall not be applicable to this Section 2.19(c)), pursuant to one or more offers made from time to time by the Borrower to all non-Extending Lenders on a pro rata basis (each, an “Extension Offer”), the Borrower shall be permitted to consummate transactions with individual Non-Extending Lenders from time to time to extend the Revolver Termination Date of such ▇▇▇▇▇▇’s Commitments to the Extended Revolver Termination Date and the Maturity Date of such Lender’s Non-Extended Loans to the Extended Maturity Date pursuant to the terms of the relevant Extension Offer (with the consent of the Administrative Agent, the Borrower may also pay fees in connection therewith). The Borrower and each Non-Extending Lender who accepts an Extension Offer shall execute and deliver to the Administrative Agent such documentation as the Administrative Agent shall reasonably specify to evidence the extension of the Non-Extended Loans of such Lender (provided that no consent of any Lender (other than each applicable extending Lender) shall be required in connection with any extension of a Non-Extended Loan).

Extension Offers. Notwithstanding anything to the contrary in this Agreement, including Section 2.16(c) (which provisions shall not be applicable to this Section 2.19(c)), pursuant to one or more offers made from time to time by the Borrower to all nonNon-Extending Lenders on a pro rata basis (each, an “Extension Offer”), the Borrower shall be permitted to consummate transactions with individual Non-Extending Lenders from time to time to extend the Revolver Termination Date of such ▇▇▇▇▇▇’s Commitments to the Extended Revolver Termination Date and to extend the Maturity Date of such Lender’s Non-Extended Loans to the Extended Maturity Date pursuant to the terms of the relevant Extension Offer (with the consent of the Administrative Agent, the Borrower may also pay fees in connection therewith). The Borrower and each Non-Extending Lender who accepts an Extension Offer shall execute and deliver to the Administrative Agent such documentation as the Administrative Agent shall reasonably specify to evidence the extension of the Non-Extended Loans of such Lender (provided that no consent of any Lender (other than each applicable extending Extending Lender) shall be required in connection with any extension of a Non-Extended Loan).