Common use of Extension Options Clause in Contracts

Extension Options. At least 45 days prior to each of March 6, 2022 (the fifth anniversary of the Restatement Date) and March 6, 2023 (the sixth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026, the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September 1, 2025 to provide that the definition of Termination Date would be extended to March 6September 1, 20232026. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September 1, 2026 to provide that the definition of Termination Date would be extended to March 6September 1, 20242027. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September 1, 2025 and shall not take effect prior to March 6September 1, 20222025. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 and shall not take effect prior to March 6September 1, 20232026. In no event shall the Termination Date be later than March 6September 1, 20242027.

Extension Options. At least 45 days prior to each of March 6, 2022 20202022 (the fifth thirdfifth anniversary of the Restatement Date) and March 6, 2023 20212023 (the sixth fourthsixth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September 1, 2025 20202022 to provide that the definition of Termination Date would be extended to March 6September 16, 2023202620212023. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September 1, 2026 20212023 to provide that the definition of Termination Date would be extended to March 6September 16, 2024202720222024. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September 1, 2025 20202022 and shall not take effect prior to March 6September 16, 2022202520202022. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2021 and shall not take effect prior to March 6September 16, 2023202620212023. In no event shall the Termination Date be later than March 6September 16, 2024202720222024.

Extension Options. At least 45 days prior to each of March 611, 2022 2017 (the fifth third anniversary of the Restatement Closing Date) and March 611, 2023 2018 (the sixth fourth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Closing Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 611, 2022September 1, 2025 2017 to provide that the definition of Termination Date would be extended to March 6September 111, 202320262018. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 611, 2023September 1, 2026 2018 to provide that the definition of Termination Date would be extended to March 6September 111, 202420272019. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 611, 2022September 1, 2025 2017 and shall not take effect prior to March 6September 111, 202220252017. The second extension request shall expire if not made on or prior to March 611, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2018 and shall not take effect Credit Agreement - Page 51 116414841 v.12 prior to March 6September 111, 202320262018. In There shall be no event shall more than in aggregate two (2) extension requests, resulting in total extensions no longer than two (2) years, so that the Termination Date be is no later than March 6September 111, 202420272019.

Extension Options. At least 45 days On or prior to each of March 6May 24, 2022 2013 (the fifth first anniversary of the Restatement Closing Date) and March 6May 24, 2023 2014 (the sixth second anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Closing Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Domestic Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6May 24, 2022September 1, 2025 2013 to provide that the definition of Termination Date would be extended to March 6September 1May 24, 202320262016. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6May 24, 2023September 1, 2026 2014 to provide that the definition of Termination Date would be extended to March 6September 1May 24, 202420272017. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6May 24, 2022September 1, 2025 2013 and shall not take effect prior to March 6September 1May 24, 202220252013. The second extension request shall expire if not made on or prior to March 6May 24, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2014 and shall not take effect prior to March 6September 1May 24, 202320262014. In There shall be no event shall more than two (2) extension requests, resulting in total extensions no longer than two (2) years, so that the Termination Date be is no later than March 6September 1May 24, 202420272017.

Extension Options. At least 45 days prior to each of March 6, 2022 (the fifth anniversary of the Restatement Date) and March 6, 2023 (the sixth anniversary of the Conformed Credit Agreement - Page 58 ‌ ‌ ​ Restatement Date)September 1, 2025 and September 1, 2026Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September 1, 2025 2022 to provide that the definition of Termination Date would be extended to March 6September 16, 202320262023. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September 1, 2026 2023 to provide that the definition of Termination Date would be extended to March 6September 16, 202420272024. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September 1, 2025 2022 and shall not take effect prior to March 6September 16, 202220252022. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2021 and shall not take effect prior to March 6September 16, 202320262023. In no event shall the Termination Date be later than March 6September 16, 202420272024.

Extension Options. At least 45 days prior to each of March 6, 2022 (the fifth anniversary of the Restatement Date) and March 6, 2023 (the sixth anniversary of the Restatement Date)September September 1, 2025 and September 1, 2026, the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September September 1, 2025 to provide that the definition of Termination Date would be extended to March 6September September 1, 202320262026. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September September 1, 2026 to provide that the definition of Termination Date would be extended to March 6September September 1, 202420272027. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September September 1, 2025 and shall not take effect prior to March 6September September 1, 202220252025. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ September 1, 2026 and shall not take effect prior to March 6September September 1, 202320262026. In no event shall the Termination Date be later than March 6September September 1, 202420272027.

Extension Options. At least 45 days prior to each of March 6, 2022 2020 (the fifth third anniversary of the Restatement Date) and March 6, 2023 2021 (the sixth fourth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September 1, 2025 2020 to provide that the definition of Termination Date would be extended to March 6September 16, 202320262021. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September 1, 2026 2021 to provide that the definition of Termination Date would be extended to March 6September 16, 202420272022. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September 1, 2025 2020 and shall not take effect prior to March 6September 16, 202220252020. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2021 and shall not take effect prior to March 6September 16, 202320262021. In no event shall the Termination Date be later than March 6September 16, 202420272022.

Extension Options. At least 45 days On or prior to each of March 6September 20, 2022 2013 (the fifth third anniversary of the Restatement Closing Date) and March 6September 20, 2023 2014 (the sixth fourth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Closing Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Domestic Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6September 20, 2022September 1, 2025 2013 to provide that the definition of Termination Date would be extended to March 6September 1September 20, 202320262016. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6September 20, 2023September 1, 2026 2014 to provide that the definition of Termination Date would be extended to March 6September 1September 20, 202420272017. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6September 20, 2022September 1, 2025 2013 and shall not take effect prior to March 6September 1September 20, 202220252013. The second extension request shall expire if not made on or prior to March 6September 20, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2014 and shall not take effect prior to March 6September 1September 20, 202320262014. In There shall be no event shall more than two (2) extension requests, resulting in total extensions no longer than two (2) years, so that the Termination Date be is no later than March 6September 1September 20, 202420272017.

Extension Options. At least 45 days prior to each of March 6, 2022 (the fifth anniversary of the Restatement Date) and March 6, 2023 (the sixth anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6, 2022September 1, 2025 2022 to provide that the definition of Termination Date would be extended to March 6September 16, 202320262023. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6, 2023September 1, 2026 2023 to provide that the definition of Termination Date would be extended to March 6September 16, 202420272024. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6, 2022September 1, 2025 2022 and shall not take effect prior to March 6September 16, 202220252022. The second extension request shall expire if not made on or prior to March 6, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2021 and shall not take effect prior to March 6September 16, 202320262023. In no event shall the Termination Date be later than March 6September 16, 202420272024.

Extension Options. At least 45 days On or prior to each of March 6September 20, 2022 2012 (the fifth second anniversary of the Restatement Closing Date) and March 6September 20, 2023 2013 (the sixth third anniversary of the Restatement Date)September 1, 2025 and September 1, 2026Closing Date), the Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) request that the Administrative Agent and the Lenders extend the date set forth in the definition of Termination Date by one year, and the Administrative Agent and the Lenders may, each in their sole and individual discretion, elect to do so, it being understood that (i) no extension shall be effective unless all Lenders unanimously agree to extend and (ii) any Lender who has not responded to such extension request within fifteen (15) Domestic Business Days following the date of the Administrative Agent’s notice of such extension request to the Lenders, shall be deemed to have rejected such request. In the event that one extension request is exercised and accepted by all Lenders, this Agreement shall be automatically amended as of March 6September 20, 2022September 1, 2025 2012 to provide that the definition of Termination Date would be extended to March 6September 1September 20, 202320262015. In the event that two extension requests are exercised and accepted by all Lenders, upon effectiveness of the second extension, this Agreement shall be automatically amended as of March 6September 20, 2023September 1, 2026 2013 to provide that the definition of Termination Date would be extended to March 6September 1September 20, 202420272016. Any extension pursuant to this Section 2.15 shall be effective as of the date of the amendment to this Agreement effecting such extension and each such amendment shall be conditioned upon: (x) no Default or Event of Default and (y) continued accuracy of the representations and warranties, in each case as of the date of such amendment in all material respects. The first extension request shall expire if not made on or prior to March 6September 20, 2022September 1, 2025 2012 and shall not take effect prior to March 6September 1September 20, 202220252012. The second extension request shall expire if not made on or prior to March 6September 20, 2021September Conformed Credit Agreement - Page 73 ‌ ​ 140760.01015/126600145v.2 ‌ ​ 1, 2026 2013 and shall not take effect prior to March 6September 1September 20, 202320262013. In There shall be no event shall more than two (2) extension requests, resulting in total extensions no longer than two (2) years, so that the Termination Date be is no later than March 6September 1September 20, 202420272016.