Conditions to Extending Loan. Upon satisfaction of each of the following conditions, Borrower may extend the Loan until the First Extended Maturity Date, and thereafter, again upon satisfaction of each of the following conditions, Borrower may further extend the Loan until the Second Extended Maturity Date:
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Samples: Loan Agreement (Shelbourne Properties I Inc), Loan Agreement (Newkirk Master Lp)
Conditions to Extending Loan. Upon satisfaction of each of the following conditions, the Borrower may extend the its respective Loan until the First Extended Maturity Date, and thereafter, again upon satisfaction of each of the following conditions, the Borrower may further extend the its respective Loan until the Second Extended Maturity Date:
Appears in 1 contract
Samples: Loan Agreement (First Union Real Estate Equity & Mortgage Investments)
Conditions to Extending Loan. Upon Subject to the satisfaction of each of the following conditions, Borrower Borrower, at its option, may elect to extend the Maturity Date of the Loan until the First Extended Maturity Date, and thereafter, again upon satisfaction of each of the following conditions, Borrower may further extend the Loan until the Second Extended Maturity Date:
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