Extension of Variable Facility Termination Date. Borrower shall have the right to extend the Variable Facility Termination Date for one (1) five (5) year period ("Extension") upon satisfaction of each of the following conditions:
Appears in 3 contracts
Samples: Master Credit Facility Agreement (Bre Properties Inc /Md/), Master Credit Facility Agreement (Sunrise Assisted Living Inc), Master Credit Facility Agreement (Sun Communities Inc)
Extension of Variable Facility Termination Date. The Borrower shall have the right to extend the Variable Facility Termination Date for one (1) five (5) year period ("Extension") upon satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)
Extension of Variable Facility Termination Date. Borrower Agent, on behalf of Borrower, shall have the right to extend the Variable Facility Termination Date for one (1) period of up to five (5) year period years ("βExtension"β) upon satisfaction of each of the following conditions:
Appears in 1 contract
Samples: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc)
