Common use of Renewal Request Clause in Contracts

Renewal Request. The Facility A Borrowers (as such term is defined in the Bank Credit Agreement) have taken all necessary and appropriate action in accordance with section 2.4 of the Bank Credit Agreement to request the extension of the Conversion Date (as such term is defined in the Bank Credit Agreement) for an additional period of 364 days. Bank Facility A is in full force and effect as of the date hereof and the Facility A Borrowers thereunder have the right to borrow and reborrow not less than an aggregate of $50,000,000 thereunder until at least December 20, 2004.

Renewal Request. The Facility A Borrowers (as such term is defined in the Bank Credit Agreement) have taken all necessary and appropriate action in accordance with section 2.4 of the Bank Credit Agreement to request the extension of the Conversion Date (as such term is defined in the Bank Credit Agreement) for an additional period of 364 days. Bank Facility A is in full force and effect as of the date hereof and the Facility A Borrowers thereunder have the right to borrow and reborrow not less than an aggregate of $50,000,000 thereunder until at least December 20, 2004.