Extension Periods. Borrower shall have the right and option to extend the Maturity Date (a) to a date ending upon the expiration of the First Extension Period, and (b) upon expiration of the First Extension Period, to a date ending upon the expiration of the Second Extension Period; provided, however, any such extension shall be granted and be effective only if all of the following conditions have been satisfied in each instance, to the extent applicable to the First Extension Period or the Second Extension Period, as the case may be:
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Samples: Loan Agreement (Bluerock Residential Growth REIT, Inc.), Loan Agreement (Bluerock Residential Growth REIT, Inc.)
Extension Periods. Borrower shall have the right and option to extend the Maturity Date (a) to a date ending upon the expiration of the First Extension Period, and (b) upon expiration of the First Extension Period, to a date ending upon the expiration of the Second Extension Period; provided, however, any such extension shall be granted and be effective only if all of the following conditions have been satisfied in each instance, to the extent applicable to the First Extension Period or the Second Extension Period, as the case may besatisfied:
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Samples: Modification Agreement (Bluerock Residential Growth REIT, Inc.)
Extension Periods. Borrower Borrowers shall have the right and option to extend the Maturity Date (a) to a date ending upon the expiration of the First Extension Period, Period and (b) upon expiration of the First Extension Period, to a date ending upon the expiration of the Second Extension Period; provided, however, any each such extension shall be granted and be effective only if all of the following conditions have been satisfied in each instance, being subject to the extent applicable to the First Extension Period or the Second Extension Period, as the case may beconditions that:
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