Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Date then in effect hereunder as described in this Section 2.28, then, effective as of such Extension Date, the Facility Termination Date of each Extending Lender and each Additional Commitment Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Date of any Non-Extending Lender that has not been replaced by an Additional Commitment Lender (each a “Non-Replaced Lender”).
Appears in 4 contracts
Sources: Five Year Credit Agreement (Cardinal Health Inc), Five Year Credit Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Maturity Date then in effect hereunder as described in this Section 2.282.16, then, effective as of such Extension Date, the Facility Termination Maturity Date of each Extending Lender and each Additional Commitment Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Commitment Lender (each a “Non-Replaced Lender”).
Appears in 4 contracts
Sources: Credit Agreement (Globe Life Inc.), Credit Agreement (Globe Life Inc.), Credit Agreement (Globe Life Inc.)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Revolving Maturity Date then in effect hereunder as described in this Section 2.282.21, then, effective as of such Extension Date, the Facility Termination Revolving Maturity Date of each Extending Lender and each Additional Revolving Commitment Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Revolving Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Revolving Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Revolving Commitment Lender (each a “Non-Replaced Lender”).
Appears in 3 contracts
Sources: Credit Agreement (Fortune Brands Innovations, Inc.), Credit Agreement (Fortune Brands Home & Security, Inc.), Credit Agreement (Fortune Brands Home & Security, Inc.)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Revolving Maturity Date then in effect hereunder as described in this Section 2.282.22, then, effective as of such Extension Date, the Facility Termination Revolving Maturity Date of each Extending Lender and each Additional Revolving Commitment Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Revolving Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Revolving Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Revolving Commitment Lender (each a “Non-Replaced Lender”).
Appears in 2 contracts
Sources: Credit Agreement (Argo Group International Holdings, Ltd.), Credit Agreement (Argo Group International Holdings, Ltd.)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Revolving Maturity Date then in effect hereunder as described in this Section 2.283.14, then, effective as of such Extension Date, the Facility Termination Revolving Maturity Date of each Extending Lender and each Additional Commitment Lender shall be extended to the date falling one year 364 days after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Revolving Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Commitment Lender (each a “Non-Replaced Lender”).
Appears in 2 contracts
Sources: Credit Agreement, Credit Agreement (Hormel Foods Corp /De/)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Revolver Maturity Date then in effect hereunder as described in this Section 2.282.16, then, effective as of such Extension Date, the Facility Termination Revolver Maturity Date of each Extending Lender and each Additional Revolving Commitment Lender shall be extended to the date falling one year 364 days after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Revolving Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Revolver Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Revolving Commitment Lender (each a “Non-Replaced Lender”).
Appears in 1 contract
Sources: Credit Agreement (Torchmark Corp)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Maturity Date then in effect hereunder as described in this Section 2.282.22, then, effective as of such Extension Date, the Facility Termination Maturity Date of each Extending Lender and each Additional Commitment Lender shall be extended to the date falling one year after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Commitment Lender (each a “Non-Replaced Lender”).
Appears in 1 contract
Sources: Credit Agreement (Argo Group International Holdings, Ltd.)
Minimum Extension Requirement. If (and only if) the Required Lenders have agreed so to extend the Facility Termination Revolving Maturity Date then in effect hereunder as described in this Section 2.283.14, then, effective as of such Extension Date, the Facility Termination Revolving Maturity Date of each Extending Lender and each Additional Commitment Lender shall be extended to the date falling one year 364 days after the Existing Termination Date (except that, if such date is not a Business Day, such date shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a “Lender” for all purposes of this Agreement; provided, however, that there shall be no change in the Facility Termination Revolving Maturity Date of any Non-Extending Lender that has not been replaced by an Additional Commitment Lender (each a “Non-Replaced Lender”).
Appears in 1 contract