Renewals and Extensions. All provisions of this Agreement relating to the Note shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension, amendment, modification or rearrangement of any part of the Indebtedness originally represented by the Note.
Renewals and Extensions. All renewals, extensions, modifications and rearrangements of the Revolving Note, if any, shall be deemed to be made pursuant to this Agreement, and accordingly, shall be subject to the terms and provisions hereof, and the Borrower and the Guarantors shall be deemed to have ratified, as of such renewal, extension, modification or rearrangement date, all of the representations, covenants and agreements herein set forth.
Renewals and Extensions. Unless specifically stated in this Lease or included in a written addendum to this Lease, no right of renewal or extension is granted by the Lessor to the Lessee. If a written addendum provides for renewal or extension, the addendum shall provide for rent adjustments. Under no circumstance shall the right to renew or extend this Lease be granted for more than four renewal terms or extended for greater than four additional years. This restriction does not prevent the Lessor and Lessee from entering into additional subsequent Leases.
Renewals and Extensions. 40 8.06 No Waiver by Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 8.07 INDEMNIFICATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 8.08 GOVERNING LAW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 8.09
Renewals and Extensions. All provisions of this Agreement shall apply with equal force and effect to each and all renewals and extensions, in whole or in part, of the Notes or the Credit Facility.
Renewals and Extensions. If no Event of Default has occurred or is continuing, Borrower shall have the option to renew the Indebtedness outstanding under the Facility Note on its maturity date. Such renewal shall be evidenced by a term note having a maturity date of October 1, 2010 (the "Renewal Note"). Interest on the Renewal Note shall be adjusted on the first day of each month to National Prime Rate as of such date less 1/2%. The Renewal Note shall provide for equal installments of principal and interest commencing on November 1, 2006 and continuing each month thereafter as necessary to fully amortize the Indebtedness plus future interest over the term. As a precondition of such renewal, Borrower and Guarantor agree to execute and deliver to Bank such additional documents as may be required by Bank to grant, continue or perfect Bank's interest in the Collateral, as it may exist at the time of such renewal. Any renewal, extension or modification of the Facility Note, or any advance made pursuant to the terms of such note, or any other indebtedness which Borrower may have with Bank in the future, shall be subject to the terms of this Agreement. Except as expressly set forth herein, Bank is under no obligation to renew any obligation when it matures.
Renewals and Extensions. The parties may mutually agree to extend the Contract. Upon the completion of the extended date of this Contract, this Contract will expire unless the parties execute a Change Order extending the term of the Contract.
Renewals and Extensions. Renewals and extensions, if any, of any Loan shall he at the Bank's discretion and shall be evidenced by such documents and instruments as the Bank may require in its sole discretion. The Bank shall not be obligated to accommodate any renewals and extensions.
Renewals and Extensions. Unless the exercise of any option, now existing or hereafter created, to renew or extend the term of any Lease would, in the Mortgagor’s reasonable business judgment, be inadvisable, the Mortgagor shall, at least ninety days prior to the last day upon which the Mortgagor may validly exercise such option, (i) exercise such option in such manner as will cause the term of such Lease to be effectively renewed or extended for the period provided by such option and (ii) give immediate notice thereof to the Mortgagee, it being understood that in the event of the failure of the Mortgagor to do so, the Mortgagee shall have, and is hereby granted, the irrevocable right to exercise any such option, either in its own name and behalf, or in the name and behalf of the Mortgagor, as the Mortgagee shall in its reasonable discretion determine.
Renewals and Extensions. Permit fee renewals and extensions, as necessary, shall be paid for under Post Design Services.
