Extension of Maturity Date. The Borrower may elect to extend the Initial Maturity Date to March 15, 2022 (the “Extended Maturity Date”) subject to the satisfaction of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cole Credit Property Trust Iv, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the one-time right and option to extend the Initial Maturity Date to March 15October 31, 2022 (the “Extended Maturity Date”) subject to the 2008, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 2 contracts
Samples: Loan Agreement (Meruelo Maddux Properties, Inc.), Loan Agreement (Meruelo Maddux Properties, Inc.)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 1530, 2022 (the “Extended Maturity Date”) subject to the 2016 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)
Extension of Maturity Date. The Borrower may elect shall have one (1) option to extend the Initial Maturity Date to March 15February 12, 2022 (the “Extended Maturity Date”) subject to the 2013 upon satisfaction of the following conditionsconditions precedent:
Appears in 2 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)
Extension of Maturity Date. The Borrower may elect to extend the Initial Maturity Date with respect to March 15Committed Revolving Loans, 2022 Letters of Credit and Swing Line Loans to June 3, 2018 (the “Extended Maturity Date”) subject to the satisfaction of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Cole Real Estate Investments, Inc.), Credit Agreement (Cole Real Estate Investments, Inc.)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15November 7, 2022 (the “Extended Maturity Date”) subject to the 2017, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial initial Maturity Date to March 15June , 2022 (the “Extended Maturity Date”) subject to the 2021, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:.
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect Borrowers shall have the right and option to extend the Initial Maturity Date to March 15October 4, 2022 (the “Extended Maturity Date”) subject to the 2021, upon satisfaction or waiver of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15December 3, 2022 (the “Extended Maturity Date”) subject to the 2018, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (GTJ REIT, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15June 30, 2022 (the “Extended Maturity Date”) subject to the 2019, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement and Other Loan Documents (GTJ REIT, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the one-time right and option to extend the Initial Maturity Date described in clause (b) thereof to March 15December 1, 2022 (the “Extended Maturity Date”) subject to the 2020, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the one-time right and option to extend the Initial Maturity Date to March 15August 11, 2022 (the “Extended Maturity Date”) subject to the 2008 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of such extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option, in its sole discretion, to extend the Initial Maturity Date to March 1510, 2022 (the “Extended Maturity Date”) subject to the 2012, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Senior Secured Term Loan Agreement (Cogdell Spencer Inc.)
Extension of Maturity Date. The Borrower may elect shall have the right to extend the Initial Maturity Date to March 15April 19, 2022 (the “Extended Maturity Date”) subject to the 2028 upon satisfaction of all of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of the extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the right and option to extend the Initial Maturity Date on a single occasion for a 12-month term, to March 15August 14, 2022 (the “Extended Maturity Date”) subject to the 2021, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of such extension of the Initial Maturity Date:
Appears in 1 contract
Samples: Revolving Credit Agreement (NexPoint Strategic Opportunities Fund)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15September 19, 2022 (the “Extended Maturity Date”) subject to the 2018,22, 2020, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 151, 2022 (the “Extended Maturity Date”) subject to the 2021 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the right and option to extend the Initial Maturity Date for a single one-year term, to March 15January 28, 2022 (the “Extended Maturity Date”) subject to the ), upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Initial Maturity Date:
Appears in 1 contract
Samples: Letter Agreement (NexPoint Residential Trust, Inc.)
Extension of Maturity Date. The Subject to the provisions of this Section 2.09(d), the Borrower may elect shall have one (1) one-year option to extend the Initial Maturity Date to March 15September 23, 2022 2018 (the “Extended Maturity Date”) ), subject to the satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Trust V, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option, in its sole discretion, to extend the Initial Maturity Date to March 15December 29, 2022 (the “Extended Maturity Date”) subject to the 2010, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Gladstone Commercial Corp)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the right and option to extend the Initial Maturity Date for two (2) separate 1-year periods, first to March 156, 2022 (the “Extended Maturity Date”) subject 2024, then to the March 6, 2025, all upon satisfaction or waiver of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option (the “Extension Option”) to extend the Initial Maturity Date to March 15October 24, 2022 2012 (the “Extended Maturity Date”) subject to the ), upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any such extension:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15MarchOctober 1, 2022 (the “Extended Maturity Date”) subject to the 2021 upon satisfaction of the following conditions:conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date: 51 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15August 25, 2022 (the “Extended Maturity Date”) subject to the 2011, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Revolving Credit Agreement (New Plan Excel Realty Trust Inc)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15May 6, 2022 (the “Extended Maturity Date”) subject to the 2014, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15October 25, 2022 (the “Extended Maturity Date”) subject to the 2015 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the right and option to extend the Initial Maturity Date for a one period of six (6) months, to March 15[___], 2022 (the “Extended Maturity Date”) subject to the 2019, upon satisfaction or waiver of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15June 29, 2022 (the “Extended Maturity Date”) subject to the 2008, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Revolving Credit Agreement (New Plan Excel Realty Trust Inc)
Extension of Maturity Date. The Borrower may elect shall have the right and option to extend the Initial Maturity Date (but not, in any case, the Supplemental Maturity Date or the Second Supplemental Maturity Date) for a single one-year term, to March 15June 30, 2022 2025 (the “Extended Maturity Date”) subject to the ), upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Initial Maturity Date:
Appears in 1 contract
Samples: Modification of Loan Documents (NexPoint Residential Trust, Inc.)
Extension of Maturity Date. (i) The Borrower may elect to extend the Initial Maturity Date may be extended to March 15, 2022 (the “Extended Maturity Date”) Date at the option of the Borrower, subject to the satisfaction (or waiver) of the following conditionsconditions precedent, upon which such extension shall automatically take effect and each Lender shall be deemed to have agreed to such Extension Request:
Appears in 1 contract
Samples: Restructuring Support Agreement (Washington Prime Group, L.P.)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15August 9, 2022 (the “Extended Maturity Date”) subject to the 2024 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement and Other Loan Documents (New Senior Investment Group Inc.)
Extension of Maturity Date. The Borrower may elect shall have the right and option to extend the Initial Maturity Date (but not, in any case, the Supplemental Maturity Date) for a single one-year term, to March 15June 30, 2022 2025 (the “Extended Maturity Date”) subject to the ), upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Initial Maturity Date:
Appears in 1 contract
Samples: Revolving Credit Agreement (NexPoint Residential Trust, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one time right and option to extend the Initial Maturity Date with respect to March 15either or both of the Line Facility and the Term Facility to May 30, 2022 (the “Extended Maturity Date”) subject to the 2009 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of such extension of the Maturity Date:
Appears in 1 contract
Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15November 7, 2022 (the “Extended Maturity Date”) subject to the 2018, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement and Other Loan Documents (MedEquities Realty Trust, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the one-time right and option to extend the Initial Maturity Date to March 15July 30, 2022 (the “Extended Maturity Date”) subject to the 2008, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Loan Agreement (Meruelo Richard)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial initial Maturity Date to March 15November 1, 2022 (the “Extended Maturity Date”) subject to the 2016, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Mid America Apartment Communities Inc)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15August 6, 2022 (the “Extended Maturity Date”) subject to the 2015, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15December 13, 2022 (such period, the “Extended Maturity DateExtension Period”) subject to the upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Management Agreement (New Senior Investment Group Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the one-time right and option to extend the Initial Maturity Date to March 15September 5, 2022 (the “Extended Maturity Date”) subject to the 2024, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15January 14, 2022 (the “Extended Maturity Date”) subject to the 2020, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Monogram Residential Trust, Inc.)
Extension of Maturity Date. The Borrower may elect Borrowers shall have the right and option to extend the Initial Maturity Date to March 15September 17, 2022 2019, and then to September 17, 2020, upon satisfaction or waiver (with any such waiver requiring the “Extended Maturity Date”approval of all of the Lenders) subject to the satisfaction of the following conditionsconditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15May 25, 2022 (the “Extended Maturity Date”) subject to the 2016, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust Inc)
Extension of Maturity Date. The Borrower may elect shall have the one time right and option to extend the Initial Maturity Date with respect to March 15the Facility to June 27, 2022 2010 (which is the “Extended first anniversary of the initial Maturity Date”) subject to the ), upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of such extension of the Maturity Date:
Appears in 1 contract
Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc)
Extension of Maturity Date. (a) The Borrower may elect shall have the right and option to extend the Initial Maturity Date to March 15January 31, 2022 (the “Extended Maturity Date”) subject to the 2020, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the then applicable Maturity Date:
Appears in 1 contract
Samples: Term Loan Agreement (Retail Opportunity Investments Partnership, LP)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial initial Maturity Date to March October 15, 2022 (the “Extended Maturity Date”) subject to the 2020, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15April 25, 2022 (the “Extended Maturity Date”) subject to the 2006, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Revolving Credit Agreement (New Plan Excel Realty Trust Inc)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15June 20, 2022 (the “Extended Maturity Date”) subject to the 2018 upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Tier Reit Inc)
Extension of Maturity Date. The Borrower may elect shall have one (1) option to extend the Initial Maturity Date to March 15February 12, 2022 (the “Extended Maturity Date”) subject to the 2013 upon satisfaction of the following conditions:conditions precedent: (a)
Appears in 1 contract
Samples: Construction Loan Agreement
Extension of Maturity Date. The Borrower may elect shall have the right to extend the Initial Maturity Date to March 15November 17, 2022 2002 (the “"Extended Maturity Date”) subject to the "), upon satisfaction of the following conditionsconditions precedent on or before the initial Maturity Date:
Appears in 1 contract
Samples: Term Loan Agreement (New Plan Excel Realty Trust Inc)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15December 28, 2022 (the “Extended Maturity Date”) subject to the upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date by six (6) months to March 15February 25, 2022 (the “Extended Maturity Date”) subject to the 2011, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15September 19, 2022 (the “Extended Maturity Date”) subject to the 2018, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option, in its sole discretion, to extend the Initial Maturity Date to March 15August 7, 2022 (the “Extended Maturity Date”) subject to the 2017, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the right and option to extend the Initial Maturity Date to March 15, 2022 in respect of the Total Commitment or portion thereof in accordance with §2.4 (as determined by the “Extended Maturity Date”Borrower in its sole discretion) subject to the a total of two (2) times for a period of one (1) year each time upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust II, Inc.)
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial initial Maturity Date to March 15February 7, 2022 (the “Extended Maturity Date”) subject to the 2018, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (Mid America Apartment Communities Inc)
Extension of Maturity Date. The Borrower may elect shall have the right and option to extend the Maturity Date from the Initial Maturity Date to March 1517, 2022 2017 (the “Extended Maturity Date”), upon satisfaction or waiver (with any such waiver requiring the approval of all of the Lenders) subject to the satisfaction of the following conditionsconditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Extension of Maturity Date. (a) The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15November 13, 2022 (the “Extended Maturity Date”) subject to the 2017, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Credit Agreement (NorthStar Healthcare Income, Inc.)
Extension of Maturity Date. The Borrower may elect shall have the one-time right and option to extend the Initial Maturity Date to March 15May 1, 2022 (the “Extended Maturity Date”) subject to the 2010, upon satisfaction of the following conditionsconditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Republic Property Trust)