Extension Amendment definition
Examples of Extension Amendment in a sentence
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Extension Amendment.
Any Extended Term Loans amended pursuant to any Term Loan Extension Request shall be designated a series (each, a “Term Loan Extension Series”) of Extended Term Loans for all purposes of this Agreement; provided that any Extended Term Loans amended from an Existing Term Loan Tranche may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established Term Loan Extension Series with respect to such Existing Term Loan Tranche.
Except as otherwise set forth in an Extension Offer, there will be no conditions to the effectiveness of an Extension Amendment.
The Administrative Agent shall promptly notify each relevant Lender as to the effectiveness of each Extension Amendment.
Each Additional Credit Extension Amendment shall be binding on the Lenders, the Loan Parties and the other parties hereto.