Examples of Extension Offers in a sentence
Extension Offers will be made on a pro rata basis to all Lenders holding Loans and/or Commitments of a particular Class with a like Maturity Date.
Extension Offers will be made on a pro rata basis to all Lenders holding Loans or Commitments of a particular Class with a like Maturity Date.
The terms of an Extension Offer shall be determined by the Borrower, and Extension Offers may contain one or more conditions to their effectiveness, including a condition that a minimum amount of Loans and/or Commitments of any or all applicable tranches be tendered.
The terms of an Extension Offer shall be determined by the Borrower, and Extension Offers may contain one or more conditions to their effectiveness, including a condition that a minimum amount of Loans or Commitments of any or all applicable tranches be tendered.
The terms of an Extension Offer shall be determined by the Borrower, and Extension Offers may contain one or more conditions to their effectiveness as determined by the Borrower, including a condition that a minimum amount of Loans and/or Commitments of any or all applicable tranches be tendered.
Notwithstanding anything to the contrary herein, no Extension Offers may be made, no Extensions may occur and no Extended Term Loans may be established during the Senior Period.
No insured credit union shall pay any divi- dends on its insured shares or distribute any of its assets while it remains in default in the pay- ment of its deposit or any premium charge for insurance due to the fund.
It stated that the purpose of the provision (then art 22) was to make it clear that other rights and freedoms are not somehow diminished simply because they are not included in the Bill of Rights.
Section 2.25 Extension Offers (a) The Borrowers may on one or more occasions, by written notice to the Administrative Agents, make one or more offers (each, an “Extension Offer”) to all the Lenders in respect of a Facility, on the same terms and conditions to each such Lender, to make one or more Extension Permitted Amendments pursuant to procedures reasonably specified by the Applicable Administrative Agent and reasonably acceptable to the Borrowers.
Waivers) will not apply to Extensions of Loans pursuant to Extension Offers made pursuant to and in accordance with the provisions of this Section 2.20, including to any payment of interest or fees in respect of any Loans that have been extended pursuant to an Extension at a rate or rates different from those paid or payable in respect of Loans of any other Class, in each case as is set forth in the relevant Extension Offer.