Common use of Request for an Extension Clause in Contracts

Request for an Extension. The Principal Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to (i) the original Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to July 8, 2018 (the “First Extended Maturity Date”), and (ii) the First Extended Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to January 8, 2019, in each case so long as no Default exists at the time of such request.

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

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Request for an Extension. The Principal Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to (i) the original Maturity DateDate with respect to the Facility, request that the Lenders extend the Maturity Date with respect to the Facility for an additional six (6) months to July 828, 2018 2022 (the “First Extended Maturity Date”), and (ii) the First Extended Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to January 8, 2019, in each case so long as no Default exists at the time of such requestrequest and on the original Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

Request for an Extension. The Principal Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than sixty thirty (6030) days prior to (i) the original Initial Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to July 8, 2018 (year from the “First Extended Maturity Date”), and (ii) the First Extended Maturity Date, request that the Lenders extend the Initial Maturity Date for an additional six (6) months to January 8, 2019, in each case so long as no Default exists at the time of such request.

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

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Request for an Extension. The Principal Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to (i) the original Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to July 8September 28, 2018 (the “First Extended Maturity Date”)2016, and (ii) the First Extended Maturity Date, request that the Lenders extend the Maturity Date for an additional six (6) months to January 8, 2019, in each case so long as no Default exists at the time of such request.

Appears in 1 contract

Samples: Term Loan Agreement (Highwoods Realty LTD Partnership)

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