Extension of Revolving Maturity Date. Subject to the provisions of this Section 2.15, the Borrower shall have the option to extend the Revolving Maturity Date then in effect hereunder (the “Applicable Revolving Maturity Date”) twice, each time, for an additional six (6) months from the Applicable Revolving Maturity Date (the “Extension Option”), subject to the satisfaction of each of the following conditions:
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Agree Realty Corp), Revolving Credit and Term Loan Agreement (Agree Realty Corp)
Extension of Revolving Maturity Date. Subject to the provisions of this Section 2.152.09(e), the Borrower shall have the one option to extend the Revolving Maturity Date then in effect hereunder for one (the “Applicable Revolving Maturity Date”1) twiceyear to October 20, each time, for an additional six (6) months from the Applicable Revolving Maturity Date (the “Extension Option”)2009, subject to the satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Nationwide Health Properties Inc)
Extension of Revolving Maturity Date. Subject to the provisions of this Section 2.15, the The Borrower shall have the option may elect to extend the Initial Revolving Maturity Date then for up to two (2) successive twelve (12) month periods, but in effect hereunder no event beyond the fifth anniversary of the date of this Agreement (the “Applicable Extended Revolving Maturity Date”). Each of the twelve (12) twice, each time, for an additional six (6) months from the Applicable Revolving Maturity Date (the “Extension Option”), month extensions shall be subject to the satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Fourth Modification Agreement (Cole Credit Property Trust V, Inc.)
Extension of Revolving Maturity Date. Subject to the provisions of this Section 2.15, the Borrower shall have the option to extend the Revolving Maturity Date then in effect hereunder (the “Applicable Initial Revolving Maturity Date”) twice, each time), for an additional six one (61) months year from the Applicable Initial Revolving Maturity Date (the “Extension Option”), subject to the satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Agree Realty Corp)
Extension of Revolving Maturity Date. Subject to the provisions of this Section 2.15, the The Borrower shall have the option may elect to extend the Revolving Initial Maturity Date then in effect hereunder for up to two (the “Applicable Revolving Maturity Date”2) twice, each time, for an additional successive six (6) months from the Applicable Revolving Maturity Date month periods, but in no event beyond September 6, 2022 (the “Extension OptionExtended Maturity Date”), . Each such extension shall be subject to the satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)
