EXTENSIONS OF THE TERM Sample Clauses

EXTENSIONS OF THE TERM. The Term shall be automatically extended for successive [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] periods after the Expiration Date, unless either Party gives written notices of its intent not to renew the Agreement at least one hundred twenty (120) days prior to the date on which the Term or the then-current renewal period (as applicable) expires. Notwithstanding the above, if Customer and TSG become disaffiliated, either party shall have the option, in its sole and absolute discretion, at any time six (6) months following the disaffiliation to terminate this Agreement by giving six (6) months prior written notice to the other Party; provided, however, that prior to the Expiration Date TSG may not terminate (except for breach pursuant to Section 20.1) Services provided hereunder to the extent such Services are required for Customer to continue support of American Airlines, Inc.
EXTENSIONS OF THE TERM. Optionee may extend the term of the option for up to an additional five consecutive times in one- month increments (“the Extension Terms”) from the expiration of the Initial Term, by making the payment described in Section 5. Said payment shall be the consideration for the extension of the term.
EXTENSIONS OF THE TERM. The Term shall be automatically extended for successive one (1) year periods after the Expiration Date, unless either Party gives written notice of its intent not to renew the Agreement at least six (6) months prior to the date on which the then-current Term expires. In the event that either of the Parties wish to modify the terms of this Agreement for a renewal period, the Parties shall mutually agree in writing to such modifications prior to the commencement of the relevant renewal period in accordance with the Change Order Process set forth in Section 3.5 below.
EXTENSIONS OF THE TERM. Brokers ------------------------------- The Tenant shall have the right, at its sole option, by giving notice thereof to the Landlord at least nine (9) months prior to the expiration of the Initial Term to extend the Term of this Lease for actual occupancy by the Tenant or any Affiliate or any permitted assignee or sublessee under Section 19 hereof for two (2) additional extension periods of one (1) year each on the same terms and conditions, except Basic Rent, as herein set forth. Such extensions shall be exercisable only if at the time of exercise there exists no material default on the part of the Tenant under tills Lease. If Tenant does not exercise such first extension right, it shall have no further extension right hereunder. The word "Term" as used elsewhere in this Lease shall, unless otherwise expressly provided herein include the Initial Term and any such extension period as to which the Tenant shall have given timely and proper notice of exercise. Basic Rent payable during such extension periods of the Term shall be payable without offset at an annual rate set forth on Exhibit D hereto. Landlord and Tenant each represent and warrant to the other that it has had no dealings with any real estate broker or finder in connection with this Lease other than Cushman and Wakefield of Massachusetts and Fallon, Hines and O'Connor, and Landlord shall indemnify, defend and hold harmless Tenant and its affiliates from any breach of such representation and warranty, and Tenant shag indemnity, defend and hold harmless Landlord and its affiliates from any breach of such representation and warranty. Landlord shall pay all fees and commissions in connection with the Lease pursuant to a separate agreement.
EXTENSIONS OF THE TERM. (a) The Operator may at any time during the period ending on the date specified in Schedule A - Item 2 apply for an extension of this agreement for one further term of five years commencing on the expiry date of this agreement.
EXTENSIONS OF THE TERM. The Term of this Agreement may be extended by mutual agreement for an additional three (3) years, by either party providing the other with written notice at least six (6) months before the Expiration Date. Upon the renewal, if any, of this Agreement, TSG has the right to modify the pricing for the Base Services, as defined in ARTICLE 3.1. If the parties fail to reach agreement on the pricing modifications prior to the Expiration Date, then this Agreement shall expire effective as of such Expiration Date.

Related to EXTENSIONS OF THE TERM

Extensions of Loans (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension Offer”) made from time to time by the Borrower to all Lenders holding Loans of any Class or Commitments of any Class, in each case on a pro rata basis within such Class (based on the aggregate outstanding principal amount of the respective Loans or Commitments of such Class) and on the same terms to each such Lender, the Borrower is hereby permitted to consummate transactions with any individual Lender who accepts the terms contained in the relevant Extension Offer to extend the Maturity Date of all or a portion of such Lender’s Loans and/or Commitments of such Class and otherwise modify the terms of all or a portion of such Loans and/or Commitments pursuant to the terms of the relevant Extension Offer (including by increasing the interest rate or fees payable in respect of such Loans and/or Commitments (and related outstandings) and/or modifying the amortization schedule, if any, in respect of such Loans) (each, an “Extension,” and each group of Loans or Commitments, as applicable, in each case as so extended, and the original Loans and the original Commitments (in each case not so extended), being a “Class”; it being understood that any Extended Term Loans shall constitute a separate Class of Loans from the Class of Loans from which they were converted, so long as the following terms are satisfied:
Extensions of Time 4.5.1 In the event that the SPD is prevented from performing its obligations under Article
Extensions of Term Loans and Revolving Credit Commitments (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension Offer”) made from time to time by the Borrower to all Lenders of any Class of Term Loans or any Class of Revolving Credit Commitments, in each case on a pro rata basis (based on the aggregate outstanding principal amount of the respective Term Loans or Revolving Credit Commitments of the applicable Class) and on the same terms to each such Lender, the Borrower is hereby permitted to consummate from time to time transactions with individual Lenders that accept the terms contained in such Extension Offers to extend the maturity date of each such Lender’s Term Loans and/or Revolving Credit Commitments of the applicable Class and otherwise modify the terms of such Term Loans and/or Revolving Credit Commitments pursuant to the terms of the relevant Extension Offer (including, without limitation, by increasing the interest rate or fees payable in respect of such Term Loans and/or Revolving Credit Commitments (and related outstandings), modifying the amortization schedule in respect of such Lender’s Term Loans and/or modifying any prepayment premium or call protection in respect of such Lender’s Term Loans) (each, an “Extension,” and each group of Term Loans or Revolving Credit Commitments, as applicable, in each case as so extended, as well as the original Term Loans and the original Revolving Credit Commitments (in each case not so extended), being a separate Class of Term Loans from the Class of Term Loans from which they were converted, and any Extended Revolving Credit Commitments (as defined below) shall constitute a separate Class of Revolving Credit Commitments from the Class of Revolving Credit Commitments from which they were converted, it being understood that an Extension may be in the form of an increase in the amount of any outstanding Class of Term Loans or Revolving Credit Commitments otherwise satisfying the criteria set forth below), so long as the following terms are satisfied:
Extensions of Loans and Commitments (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers made from time to time by the Borrower to all Lenders of any Class of Term Loans and/or Revolving Credit Commitments on a pro rata basis (based, in the case of an offer to the Lenders under any Class of Term Loans, on the aggregate outstanding Term Loans of such Class and, in the case of an offer to the Lenders under any Revolving Facility, on the aggregate outstanding Revolving Credit Commitments under such Revolving Facility, as applicable), and on the same terms to each such Lender (“Pro Rata Extension Offers”), the Borrower is hereby permitted to consummate transactions with individual Lenders that agree to such transactions from time to time to extend the maturity date of such Lender’s Loans and/or Commitments of such Class and to otherwise modify the terms of such Lender’s Loans and/or Commitments of such Class pursuant to the terms of the relevant Pro Rata Extension Offer (including, without limitation, increasing the interest rate or fees payable in respect of such Lender’s Loans and/or Commitments and/or modifying the amortization schedule in respect of such Lender’s Loans); provided that any Lender offered or approached to provide an Extension (as defined below), may elect to or decline in its sole discretion to provide an Extension. For the avoidance of doubt, the reference to “on the same terms” in the preceding sentence shall mean, (i) in the case of an offer to the Lenders under any Class of Term Loans, that all of the Term Loans of such Class are offered to be extended for the same amount of time and that the interest rate changes and fees payable with respect to such extension are the same and (ii) in the case of an offer to the Lenders under any Revolving Facility, that all of the Revolving Credit Commitments of such Facility are offered to be extended for the same amount of time and that the interest rate changes and fees payable with respect to such extension are the same. Any such extension (an “Extension”) agreed to between the Borrower and any such Lender (an “Extending Lender”) will be established under this Agreement by implementing an Other Term Loan for such Lender if such Lender is extending an existing Term Loan (such extended Term Loan, an “Extended Term Loan”) or an Other Revolving Credit Commitment for such Lender if such Lender is extending an existing Revolving Credit Commitment (such extended Revolving Credit Commitment, an “Extended Revolving Credit Commitment,” and any Revolving Loan made pursuant to such Extended Revolving Credit Commitment, an “Extended Revolving Loan”). Each Pro Rata Extension Offer shall specify the date on which the Borrower proposes that the Extended Term Loan shall be made or the proposed Extended Revolving Credit Commitment shall become effective (the “Extension Election”), which shall be a date not earlier than five (5) Business Days after the date on which notice is delivered to the Administrative Agent (or such shorter period agreed to by the Administrative Agent in its reasonable discretion).
All Extensions of Credit The obligation of each Lender to make any Advance and of the Issuing Bank to issue any Letter of Credit (including the initial Advance and the initial Letter of Credit) is subject to the following additional conditions precedent:
Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:
Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),
Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:
Extensions of Credit The Extensions of Credit made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Extensions of Credit made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Credit Note and/or Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans and/or Swingline Loans, as applicable, in addition to such accounts or records. Each Lender may attach schedules to its Notes and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.
Conditions to Closing and Initial Extensions of Credit The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions: