Common use of Xxxxxxx Extension Clause in Contracts

Xxxxxxx Extension. (a) If an Event of Default shall have occurred and be continuing pursuant to Section 8.01(m) (any such event, a “Xxxxxxx Event”), then, notwithstanding Section 8.02, the Administrative Agent may declare the Final Maturity Date to have occurred pursuant to Section 8.01 (which declaration shall be effective) but shall not, prior to the close of business (New York time) on the 30th day following the date on which the Administrative Agent shall have delivered notice to Borrower of the occurrence of such Xxxxxxx Event (such time, the “Xxxxxxx Extension Deadline”), exercise any of the other remedies set forth in Section 8.02, if and for so long as:

Appears in 6 contracts

Samples: Loan and Servicing Agreement (TCG Bdc, Inc.), Loan and Servicing Agreement (TCG Bdc, Inc.), Loan and Servicing Agreement (Carlyle GMS Finance, Inc.)

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Xxxxxxx Extension. (a) If an Event of Default shall have occurred and be continuing pursuant to Section 8.01(m8.01(s) (any such event, a “Xxxxxxx Event”), then, notwithstanding Section 8.02, the Administrative Agent may declare the Final Maturity Date to have occurred pursuant to Section 8.01 (which declaration shall be effective) but shall not, prior to the close of business (New York time) on the 30th day following the date on which the Administrative Agent shall have delivered notice to Borrower of the occurrence of such Xxxxxxx Event (such time, the “Xxxxxxx Extension Deadline”), exercise any of the other remedies set forth in Section 8.02, if and for so long as:

Appears in 5 contracts

Samples: Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Senior Investment Corp.)

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