Fourth Qualified Extension Option. Borrowers shall have the right to extend the Third Qualified Extended Maturity Date to the Fourth Qualified Extended Maturity Date (the “Fourth Qualified Extension Option”; and the period commencing on the first (1st) day following the Third Qualified Extended Maturity Date and ending on the Fourth Qualified Extended Maturity Date being referred to herein as the “Fourth Qualified Extension Term”), provided that all of the following conditions are satisfied:
Appears in 4 contracts
Samples: Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Hard Rock Hotel Holdings, LLC)
