Extension of Term Loan Maturity Date. The Borrower shall have the one-time right and option to extend the Term Loan Maturity Date to December 11, 2011, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Term Loan Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)
Extension of Term Loan Maturity Date. The Borrower shall have the one-time right and option to extend the Term Loan Maturity Date to December 11in respect of the Total Term Loan Commitment or portion thereof, 2011if reduced in accordance with §2.4, a total of one (1) time for a period of twelve (12) months upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Term Loan Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.)
Extension of Term Loan Maturity Date. The Borrower shall have the one-time right and option to extend the Term Loan Maturity Date shall be extended from April 1, 2006 to December 1131, 20112006, upon satisfaction and the following definition, as set forth in Article I of the following conditions precedentAgreement, which must be satisfied prior to is hereby revised and replaced in its entirety by the effectiveness of any extension of the Term Loan Maturity Datefollowing:
Appears in 1 contract
Samples: Modification in Terms Agreement (MPW Industrial Services Group Inc)