Term Extension Request definition

Term Extension Request has the meaning specified in Section 2.16(a).
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Term Extension Request shall have the meaning set forth in Section 2.12(a) [Extended Term Loans and Extended Revolving Credit Commitments].
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Term Extension Request has the meaning set forth in the Statement.
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Examples of Term Extension Request in a sentence

  • Each Designated Owner of a Series of RVMTP Shares may grant or deny any Designated Owner Term Extension Request applicable to such Series of RVMTP Shares in its sole and absolute discretion.

  • No Term Lender shall have any obligation to agree to provide any Extended Term Loan pursuant to any Term Extension Request.

  • The Administrative Agent shall notify the Borrower and each Term Lender under the applicable Existing Term Tranche of responses to such Term Extension Request.

  • Any Extended Term Loans effected pursuant to a Term Extension Request shall be designated a series (each, a “Term Extension Series”) of Extended Term Loans for all purposes of this Agreement; provided that any Extended Term Loans effected from an Existing Term Tranche may, to the extent provided in the applicable Term Extension Amendment, be designated as an increase in any previously established Term Extension Series with respect to such Existing Term Tranche.

  • If any Designated Owner fails to notify the Fund or the Tender and Paying Agent of its acceptance or rejection of the Fund’s Designated Owner Term Extension Request within such sixty (60) calendar day period, such failure to respond will be deemed a rejection of such Designated Owner Term Extension Request by such Designated Owner.

  • Each Beneficial Owner of a Series of VMTP Shares may grant or deny any Term Extension Request applicable to such Series of VMTP Shares in its sole and absolute discretion.

  • Receive regular reports from management regarding, and review overall performance of, Wolf Creek, including operations, safety, compliance, security, key performance indicator results and trends, and any significant incidents or events.

  • Each Beneficial Owner shall, no later than thirty (30) days after receiving a Term Extension Request, notify the Fund and the Redemption and Paying Agent of its acceptance or rejection of such request, which acceptance by such Beneficial Owner may be conditioned upon terms and conditions that are different from the terms and conditions set forth herein or the terms and conditions proposed by the Fund in making a Term Extension Request (a “ Conditional Acceptance”).

  • Any acceptance by a Beneficial Owner of a Series of VMTP Shares of a Term Extension Request pursuant to this Section 2.5(a)(ii), including with respect to a Conditional Acceptance that is ultimately accepted by the Fund, shall not be deemed to be a vote required by Section 2.6.

  • Any failure by a Holder to respond or agree to such Holder Term Extension Request in writing within sixty (60) calendar days of the receipt thereof shall be deemed to be a rejection of the extension request and the Term Redemption Date may only be extended pursuant to this Section 2.6(a)(iii) upon the written consent of 100% of the Holders of the RVMTP Shares of such Series.


More Definitions of Term Extension Request

Term Extension Request has the meaning assigned to such term in Section 2.21(a). “Term Lender” means a Lender with a Term Commitment or an outstanding Term Loan. “Term Loan Facility” means the credit facility consisting of Term Loans. “Term Loans” means Initial Term Loans, Additional Term Loans, Extended Term Loans and/or Refinancing Term Loans, as the context requires. “Term Maturity Date” means (i) with respect to the Initial Term Loans, the seventh anniversary of the Closing Date and (ii) with respect to any other Term Loans, the date specified as the maturity date for such Term Loans in the Additional Credit Extension Amendment related to such Term Loans. “Term SOFR” means, for the applicable corresponding tenor, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. “Test Period” means, at any date of determination, the period of four consecutive fiscal quarters of the Borrower then last ended for which financial statements have been or were required to have been delivered pursuant to Section 4.01(i), 5.01(a) or 5.01(b). “Tiered Offer” has the meaning assigned to such term in Section 2.26(b)(i). “Total Net Leverage Ratio” means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Net Debt as of such date to (b) LTM EBITDA. “Transaction Costs” means all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection with the Refinancing. “Transactions” means (a) the Refinancing and (b) the payment of the Transaction Costs. “Transformative Acquisition” means any acquisition or investment by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of the Loan Documents immediately prior to the consummation of such acquisition or investment or (b) if permitted by the terms of the Loan Documents immediately prior to the consummation of such acquisition or investment, would not provide the Borrower and its Subsidiaries with adequate flexibility under the Loan Documents for continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith. “Type,” when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted LIBO Rate or the Alternate Base Rate.
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Term Extension Request contained in Section 1.01 of the Credit Agreement.
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Term Extension Request shall have the meaning given to that term in Section 2.19(a).
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Term Extension Request shall have the meaning set forth in Section 2.12(a)
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Related to Term Extension Request

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Extension Request means any Term Loan Extension Request or a Revolver Extension Request, as the case may be.

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Notice has the meaning specified in Section 308.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Resolution Extension Period As defined in Section 2.03(b).

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit D.

  • Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).

  • REO Extension As defined in Section 3.16(a).

  • Extension Term means the time period defined in §2.C.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Lenders pursuant to Section 2.02(a).

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following: