Common use of Non-Extending Lender Clause in Contracts

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Date.

Appears in 6 contracts

Sources: Revolving Credit Agreement (Nisource Inc/De), Revolving Credit Agreement, Revolving Credit Agreement (Nisource Inc/De)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), ) and any Term Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender. The election of any Term Lender to agree to such extension shall not obligate any other Term Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Date.

Appears in 4 contracts

Sources: Credit Agreement (Polycom Inc), Credit Agreement (Polycom Inc), Credit Agreement (Neustar Inc)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), ) and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender). The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Date.

Appears in 4 contracts

Sources: Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender of the applicable class that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Applicable Maturity Date.

Appears in 2 contracts

Sources: Credit Agreement (UL Solutions Inc.), Credit Agreement (UL Inc.)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower any Obligor for extension of the Termination Applicable Maturity Date.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Millicom International Cellular Sa), Revolving Credit Agreement (Millicom International Cellular Sa)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Revolving Lender that does not so advise the Administrative Agent on or before the Lender Notice Date that it has elected to extend its Revolving Commitment shall be deemed to be a Non-Extending Lender. The election of any Revolving Lender to agree to such extension shall not obligate any other Revolving Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Date.

Appears in 2 contracts

Sources: Modification Agreement (Tri Pointe Homes, Inc.), Modification Agreement (Tri Pointe Homes, Inc.)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the anythe Borrower for extension of the Termination Applicable Maturity Date.

Appears in 1 contract

Sources: Term Loan Agreement (Cooper Companies, Inc.)

Non-Extending Lender. shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), ) and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Non Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Termination Date.

Appears in 1 contract

Sources: Credit Agreement (RPM International Inc/De/)