Common use of Extension of Revolving Credit Maturity Date Clause in Contracts

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 2 contracts

Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.)

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Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto June 24, if reduced in accordance with §2.42020, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the right and option to extend the Revolving Credit Maturity Date to November 9, 2023, and then to May 9, 2024, in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each case upon satisfaction or waiver (with any such waiver requiring the approval of all Lenders) of the following conditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 2 contracts

Samples: Credit Agreement (Independence Realty Trust, Inc.), Credit Agreement (Independence Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 11, if reduced in accordance with §2.42011, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 2 contracts

Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date to July 31, 2026, and then to January 31, 2027, in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each case upon satisfaction or waiver (with any such waiver requiring the approval of all Lenders) of the following conditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 2 contracts

Samples: Joinder Agreement (Independence Realty Trust, Inc.), And Consolidated Credit Agreement (Independence Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. (a) The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced thereof in accordance with §2.42.4 (as determined by the Borrower in its sole discretion) to March 13, a total of two (2) times for a period of twelve (12) months each 2024, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto January 3, if reduced in accordance with §2.42018, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. (bn) The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced thereof in accordance with §2.42.4 (as determined by the Borrower in its sole discretion) to March 13, a total of two (2) times for a period of twelve (12) months each 2024, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto April 8February 11, if reduced in accordance with §2.420252026, a total of two (2) times for a period of twelve (12) months each and then to October 8August 11, 20252026, upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of to May 28, 2020 (the Total Revolving Credit Commitment or portion thereofMaturity Date Extension Option”), if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto August 11, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT Inc.)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto November 1, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each and then to May 1, 2022, upon satisfaction or waiver (with any such waiver requiring the approval of all Lenders) of the following conditions precedent, NYDOCS03/1056463.7 which must be satisfied (or so waived) prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Independence Realty Trust, Inc)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto April 21, if reduced in accordance with §2.42017, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (City Office REIT, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto August 7, if reduced in accordance with §2.42011, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

Extension of Revolving Credit Maturity Date. The Pursuant to Section 2.03 of the Credit Agreement and as requested by the Borrower shall have in a letter to the right Agent dated November 10, 1997, the Lenders and option the Agent hereby agree to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve one year. On and after December 6, 1997 (12) months each upon satisfaction the "Effective Date"), as provided in Section 2.03 of the following conditions precedentCredit Agreement, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:Date shall be December 6, 2002, as such date may be further extended by the Lenders pursuant to Section 2.03

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto January 25, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (DuPont Fabros Technology LP)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 15, if reduced in accordance with §2.42015, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto August 7, if reduced in accordance with §2.42019, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Extension of Revolving Credit Maturity Date. The Parent Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto November 8, if reduced in accordance with §2.42024, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto October 9, if reduced in accordance with §2.42019, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CyrusOne Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto March 30, if reduced in accordance with §2.42022, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42023, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto October 27, if reduced in accordance with §2.42022, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto February 7, if reduced in accordance with §2.42024, a total of two (2) times for a period of twelve (12) months each and then to August 7, 2024, upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT Inc.)

Extension of Revolving Credit Maturity Date. The Pursuant to Section 2.03 of the Credit Agreement and as requested by the Borrower shall have in a letter to the right Agent dated October 15, 1996, the Lenders and option the Agent hereby agree to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve one year. On and after December 6, 1996 (12) months each upon satisfaction the "Effective Date"), as provided in Section 2.03 of the following conditions precedentCredit Agreement, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:Date shall be December 6, 2001, as such date may be further extended by the Lenders pursuant to Section 2.03

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Extension of Revolving Credit Maturity Date. The Pursuant to Section 2.03 of the Credit Agreement and as requested by the Borrower shall have in a letter to the right Agent dated October 2, 1995, the Lenders and option the Agent hereby agree to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve one year. On and after December 6, 1995 (12) months each upon satisfaction the "Effective Date"), as provided in Section 2.03 of the following conditions precedentCredit Agreement, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:Date shall be December 6, 2000, as such date may be further extended by the Lenders pursuant to Section 2.03

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42019, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42022, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QualityTech, LP)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto March 15, if reduced in accordance with §2.42023, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (City Office REIT, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto November 21, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each 2018 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Secured Credit Agreement (Rouse Properties, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto November 16, if reduced in accordance with §2.42026, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (City Office REIT, Inc.)

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Extension of Revolving Credit Maturity Date. (a) The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced thereof in accordance with §2.42.4 (as determined by the Borrower in its sole discretion) to July 24, a total of two (2) times for a period of twelve (12) months each 2022, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Global Net Lease, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one- time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto July 2, if reduced in accordance with §2.42024, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:: (a)

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto November 22, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CyrusOne Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto February 11, if reduced in accordance with §2.42026, a total of two (2) times for a period of twelve (12) months each and then to August 11, 2026, upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto August 18, if reduced in accordance with §2.42027, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto March 28, if reduced in accordance with §2.42014, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. The Borrower Borrowers shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto June 26, if reduced in accordance with §2.42019, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (City Office REIT, Inc.)

Extension of Revolving Credit Maturity Date. (a) The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto January 25, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto April 8, if reduced in accordance with §2.42025, a total of two (2) times for a period of twelve (12) months each and then to October 8, 2025, upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto February 10, if reduced in accordance with §2.42022, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (MedEquities Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. (a) The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto March 26, if reduced in accordance with §2.4, a total of two (2) times for a period of twelve (12) months each 2024 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Jernigan Capital, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42020, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (QualityTech, LP)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42021, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. The (a) Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto July 31, if reduced in accordance with §2.42018, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of either the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

Extension of Revolving Credit Maturity Date. The Parent Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto April 19, if reduced in accordance with §2.42023, a total of two (2) times for a period of twelve (12) months each upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

Extension of Revolving Credit Maturity Date. The (a) Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42018, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of either the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto December 17, if reduced in accordance with §2.42024, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. The Borrower shall have the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereofto May 1, if reduced in accordance with §2.42018, a total of two (2) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Extension of Revolving Credit Maturity Date. (a) The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof, if reduced thereof in accordance with §2.4, Section 2.4 (as determined by the Borrower in its sole discretion) a total of two (2) times for a period of twelve six (126) months each time upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Oak Street Net Lease Trust)

Extension of Revolving Credit Maturity Date. The Borrower shall have the right and option to extend the Revolving Credit Maturity Date in respect to June 5, 2019 (the “First Extended Revolving Credit Maturity Date”), and then to June 5, 2020 (the “Second Extended Revolving Credit Maturity Date”), upon satisfaction or waiver (with any such waiver requiring the approval of all of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (2Lenders) times for a period of twelve (12) months each upon satisfaction of the following conditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Revolving Credit Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Industrial Property Trust Inc.)

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