Common use of Loan Term and Extension Options Clause in Contracts

Loan Term and Extension Options. (a) The term of the Loan shall commence on the Closing Date and shall end on the Initial Maturity Date.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Building Associates L.L.C.)

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Loan Term and Extension Options. (a) The term of the Loan shall commence on the Closing Date and shall end on the Initial Maturity Date.

Appears in 3 contracts

Samples: Second Mezzanine Loan Agreement, First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Loan Term and Extension Options. (a) The term of the Loan shall commence on the Closing Date and shall end on the Initial Maturity Date.

Appears in 1 contract

Samples: Loan Agreement (Sothebys)

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