Extended Term. Upon the expiration of the Initial Term described in Section 3(a), the Term shall be extended, without the need for any action by either Party, for two additional consecutive twelve (12) month terms (each an “Extended Term”, and collectively the “Extended Terms”) unless # terminated under Section 7 or # either Party gives written notice to the other, at least ninety (90) days before the end of the Initial Term or any Extended Term, that the notifying Party does not wish to extend the Term. If such a notice of non-extension is timely given, the Term will expire at the end of the Initial Term or Extended Term in effect at the time of that notice (unless terminated earlier under Section 7).
Extended Term. The Lease Termination Date is hereby extended to April 30, 2021. The period from the Effective Date through April 30, 2021, shall be referred to herein as the "Extended Term." Notwithstanding anything to the contrary contained in the Lease, Tenant shall not have any right to extend the Lease beyond the Extended Term.
Extended Term Loans. (i) On the Amendment No. 4 Effective Date, in accordance with, and upon the terms and conditions set forth in, Amendment No. 4, # any Existing Term Loans of each Non-Extended Term Lender outstanding on such date shall continue hereunder and be reclassified as Non-Extended Term Loans on such date and # any Existing Term Loans of each Extended Term Lender outstanding on such date shall continue hereunder and be reclassified as an Extended Term Loans on such date.
Extended Term Loans. The principal amount of Extended Term Loans of each Extending Term Lender shall be repaid as provided in the amendment to this Agreement in respect of such Extended Term Loans as contemplated by Section 2.19, subject to the requirements of Section 2.19 (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.05 and 2.06). To the extent not previously paid, each Extended Term Loan shall be due and payable on the Maturity Date applicable to such Extended Term Loans.
Basic Lease Information-Extended Term. The Basic Lease Information which applies to the Premises through the Revised Existing Lease Expiration Date is attached as [Exhibit A] to this Sixth Amendment. This Basic Lease Information document shall serve as the operative summary of the principal terms of the Lease, as amended by this Sixth Amendment, which shall apply starting on the Sixth Amendment Effective Date through the Revised Existing Lease Expiration Date. Landlords Early Termination Option and any relocation right under the Existing Lease shall be of no further force and effect.
Incremental Term Loans; Refinancing Term Loans; Extended Term Loans. In the event any Incremental Term Loans, Refinancing Term Loans, Extended Term Loans or Extended Revolving Credit Loans are made, such Incremental Term Loans, Refinancing Term Loans, Extended Term Loans or Extended Revolving Credit Loans, as applicable, shall be repaid by the Company in the amounts and on the dates set forth in the Additional Credit Extension Amendment with respect thereto and on the applicable Maturity Date thereof.
In case the grantee becomes entitled on or before receipt of payment with respect to a bonus or bonus unit, to payment of extended disability benefits under the Companys extended disability benefit plan, the grantee shall continue to have to have the right to receive cash payment of bonus or bonus units, or in case of death after entitlement as aforesaid, by the grantees legal representatives.
Extended Exercise Period. Smathers will have one year from the conclusion of the consulting services period to exercise any stock options that are vested as of the end of the consulting period (subject, however, to earlier termination of the option upon its original expiration date or in connection with a change in control of as provided in the applicable option documentation)..
The Tenant shall notify the Landlord in advance if the Tenant will be away from the Premises for 14 or more consecutive days. During such absence, the Landlord may enter the Premises at times
Extended Maturity Date Options. The may, by written notice to the [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Initial Maturity Date, request that the Initial Maturity Date be extended to the First Extended Maturity Date. If the Initial Maturity Date is extended to the First Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the First Extended Maturity Date, request that the First Extended Maturity Date be extended to the Second Extended Maturity Date. If the First Extended Maturity Date is extended to the Second Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Second Extended Maturity Date, request that the Second Extended Maturity Date be extended to the Third Extended Maturity Date. If the Second Extended Maturity Date is extended to the Third Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Third Extended Maturity Date, request that the Third Extended Maturity Date be extended to the Fourth Extended Maturity Date.
“Term Loans” means Initial Term Loans, Refinancing Term Loans and Extended Term Loans.
“Extended Term Loan Maturity Date” shall mean, with respect to any Tranche of Extended Term Loans, the date specified as such in the applicable Extension Amendment.
Term. The term of the Executives employment with the Company shall commence on the Effective Date and shall continue until and including the third anniversary of the Effective Date unless earlier terminated as provided herein or extended as described in this paragraph (the Initial Term). The Initial Term shall be renewed automatically for periods of one year (each, an Extended Term) commencing at the third anniversary of the Effective Date and each subsequent anniversary thereof, unless written notice of non-renewal is given by either party to the other not less than 180 days prior to the end of the Initial Term or any Extended Term. As used herein, Term shall include the Initial Term and any Extended Term, but the Term shall end upon any termination of the Executives employment with the Company as provided herein. Notwithstanding the foregoing, in the event a Change in Control (as defined in Section 6(d)) occurs during the Initial Term or any Extended Term, the Term shall be extended until 18 months after the Change in Control.
“Facility” means the Term Loans made by the Lenders to the pursuant to Section 2.01(a) (including both Initial Term Loans and Delayed Draw Term Loans, which shall constitute a single Facility hereunder), the Delayed Draw Commitments, the Revolving Loans, the Swing Line Loans, any Extended Term Loans, any Extended Revolving Commitments and Extended Revolving Loans, any Incremental Term Loans, any Refinancing Term Loans or any Refinancing Revolving Loans, as the context may require.
with respect to any tranche of Extended Term Loans and/or Extended Revolving Commitments, the earlier of # the final maturity date as specified in the applicable Extension Amendment and # the date such tranche of Extended Term Loans and/or Extended Revolving Commitments are terminated and/or declared due and payable pursuant to [Section 9.02],
“Commitment” means a Revolving Credit Commitment, Incremental Revolving Credit Commitment, Non-Extended Revolving Credit Commitment, Extended Revolving Credit Commitment, Extending Revolving Credit Commitment of a given Extension Series, Other Revolving Credit Commitment of a given Refinancing Series, Initial Term Commitment, First Incremental Commitment, Second Incremental Commitment, Third Incremental Commitment, Additional Initial Term B-1 Commitment, Additional Incremental Term B-1 Commitment, Fourth Incremental Commitment, Incremental Term Commitment, Refinancing Term Commitment of a given Refinancing Series, commitment in respect of any Non-Extended Term Loans, commitment in respect of any Extended Term Loans or commitment in respect of any Extending Term Loans, as the context may require.
the Weighted Average Life to Maturity of any Extended Term Loans shall be no shorter than the Weighted Average Life to Maturity of the Term Loans extended thereby;
“Fixed Maturity Date” means the Initial Maturity Date or, if the Borrowers have properly extended the term for the Extension Term as provided herein, the Extended Maturity Date.
Term. Subject to [Section 5B(i)] hereof, the term of each Warrant shall be fixed by the Committee, but no Warrant shall be exercisable more than ten (10) years after the date such Warrant is issued.
Term. This Agreement is effective as of the Effective Date and will continue in full force and effect until terminated in accordance with this Section 9 (the “Term”).
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