Extension of Revolving Credit Maturity Date. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27, 2023, 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 4 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27, 2023, in respect of the Total Revolving Credit Commitment or portion thereof in accordance with §2.4 (as determined by the Borrower in its sole discretion) a total of two (2) times for a period of six (6) 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 3 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Extension of Revolving Credit Maturity Date. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27July 31, 20232026, and then to January 31, 2027, in 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. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 9, 2023, and then to May 9, 2024, in 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. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27in respect of the Total Revolving Credit Commitment or portion thereof, 2023if 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.)
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 11, 20232011, 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. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27June 24, 20232020, 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. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 1, 20232021, 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:
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Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-one- time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date to April 27July 2, 20232024, 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
Extension of Revolving Credit Maturity Date. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 22, 20232021, 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. (a) The Borrower shall have (x) the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date to April October 27, 20232022, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27, 2023, a total of two (2) times for a period of one (1) year 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: Senior Unsecured Credit Agreement (American Realty Capital Healthcare Trust Inc)
Extension of Revolving Credit Maturity Date. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27January 3, 20232018, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27January 25, 20232021, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 21, 2023, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 278, 20232025, 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
Extension of Revolving Credit Maturity Date. (a) The Parent Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 2719, 2023, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 2023, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232021, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27June 5, 20232019 (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 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 1 contract
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232022, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:”
(d) By deleting §9.5 of the Credit Agreement in its entirety, and inserting in lieu thereof the following:
Appears in 1 contract
Samples: Credit Agreement (QualityTech, LP)
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 16, 20232026, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27February 7, 20232024, 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
Extension of Revolving Credit Maturity Date. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27March 28, 20232014, 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
Extension of Revolving Credit Maturity Date. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27August 7, 20232011, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27March 30, 20232022, 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. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27March 15, 2023, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27, 2023, in respect of the Total Revolving Credit Commitment or portion thereof in accordance with Section 2.4 (as determined by the Borrower in its sole discretion) a total of two (2) times for a period of six (6) 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof in accordance with §2.4 (as determined by the Borrower in its sole discretion) to April 27July 24, 20232022, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27February 10, 20232022, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof in accordance with §2.4 (as determined by the Borrower in its sole discretion) to April 27March 13, 20232024, 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. (a) The Borrower shall have (x) the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date to April 27August 18, 20232027, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232024, 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
Extension of Revolving Credit Maturity Date. (a) The Parent Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27November 8, 20232024, 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
Extension of Revolving Credit Maturity Date. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27October 9, 20232019, 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. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27February 11, 20232026, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27August 11, 20232021, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option option, in its sole discretion, to extend the Revolving Credit Maturity Date to April 27August 7, 20232019, 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
Extension of Revolving Credit Maturity Date. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232018, 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. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27July 31, 20232018, 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. (a) Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27May 28, 20232020 (the “Revolving Credit Maturity Date Extension Option”), 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. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof in accordance with §2.4 (as determined by the Borrower in its sole discretion) to April 27March 13, 20232024, 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. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27March 26, 2023, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232020, 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. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27June 26, 20232019, 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
Extension of Revolving Credit Maturity Date. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 2721, 20232017, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 17, 20232019, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27May 1, 20232018, 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
Extension of Revolving Credit Maturity Date. (a) Borrower This Agreement, the Note, the credit facility evidenced hereby and thereby and each of the other Loan Documents shall have (x) the one-time right and option to extend automatically renew on the Revolving Credit Maturity Date to April 27, 2023, upon satisfaction of for an additional 360-day period unless and until the following conditions precedent, which must be satisfied prior Lender sends notice to the effectiveness Borrower of any extension of the Revolving Credit Maturity Date:its election to terminate this Agreement.
Appears in 1 contract
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 278February 11, 202320252026, 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
Extension of Revolving Credit Maturity Date. (a) Borrower The Borrowers shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27December 15, 20232015, 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
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have (x) the one-time right and option to extend the Revolving Credit Maturity Date to April 27January 25, 20232021, 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
Extension of Revolving Credit Maturity Date. (a) Pursuant to Section 2.03 of the Credit Agreement and as requested by the Borrower shall have (x) in a letter to the one-time right Agent dated October 15, 1996, the Lenders and option the Agent hereby agree to extend the Revolving Credit Maturity Date to April 27for a period of one year. On and after December 6, 20231996 (the "Effective Date"), upon satisfaction 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