Requests for Extension. The Borrowers may, by notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than thirty (30) days prior to (i) the Initial Revolving Maturity Date elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the Initial Revolving Maturity Date (such new Maturity Date, the “First Extended Maturity Date”) and (ii) the First Extended Maturity Date elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the First Extended Maturity Date.
Appears in 4 contracts
Samples: Credit Agreement (Sabra Health Care REIT, Inc.), Credit Agreement (Sabra Health Care REIT, Inc.), Credit Agreement (Sabra Health Care REIT, Inc.)
Requests for Extension. The Borrowers Parent Borrower may, by notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety (90) days and not later than thirty (30) days prior to (i) the Initial Revolving Maturity Date elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the Initial Revolving Maturity Date (such new Maturity Date, the “First Extended Maturity Date”) and (ii) the First Extended Maturity Date elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the First Extended Maturity Date.
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Ventas, Inc.), Credit and Guaranty Agreement (Ventas, Inc.), Credit and Guaranty Agreement (Ventas, Inc.)
Requests for Extension. The Borrowers Borrower may, by written notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenderssuch notice, a “Revolver Extension Notice”) not earlier than ninety (90) 90 days and not later than thirty (30) 30 days prior to (i) the Initial Revolving Revolver Maturity Date, elect to extend the then applicable Maturity Date elect that of the Revolving Lenders extend the Revolving Maturity Date Credit Facility for an additional six (6) months from beyond the Initial Revolving Revolver Maturity Date (such new Maturity Date, the “First Extended Revolver Maturity Date”) and (ii) the First Extended Revolver Maturity Date, elect to extend the then applicable Maturity Date elect that of the Revolving Lenders extend the Revolving Maturity Date Credit Facility for an additional six (6) months from beyond the First Extended Revolver Maturity Date to the fifth anniversary of the Restatement Effective Date. The Administrative Agent shall distribute any such Revolver Extension Notice promptly to the Lenders following receipt thereof.
Appears in 3 contracts
Samples: Credit Agreement (American Assets Trust, L.P.), Credit Agreement (American Assets Trust, L.P.), Credit Agreement (American Assets Trust, L.P.)
Requests for Extension. The Borrowers Borrower may, at its option, but no more than two (2) times, by notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety one hundred twenty (90120) days and not later than thirty (30) days prior to (i) the Initial Revolving Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the Initial Revolving Maturity Date (such new Maturity Date, the “First Extended Maturity Date”) and (ii) the First Extended Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the First Extended Maturity Date.. 61
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Requests for Extension. The Borrowers Borrower may, at its option, but no more than two (2) times, by notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety one hundred twenty (90120) days and not later than thirty (30) days prior to (i) the Initial Revolving Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the Initial Revolving Maturity Date (such new Maturity Date, the “First Extended Maturity Date”) and (ii) the First Extended Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six (6) months from the First Extended Maturity Date.
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Requests for Extension. The Borrowers Borrower may, at its option, but no more than two (2) times, by notice from the Parent Borrower to the Administrative Agent (who shall promptly notify the Lenders) not earlier than ninety one hundred twenty (90120) days and not later than thirty (30) days prior to (i) the Initial Revolving Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six twelve (612) months from the Initial Revolving Maturity Date (such new Maturity Date, the “First Extended Maturity Date”) and (ii) the First Extended Maturity Date Date, elect that the Revolving Lenders extend the Revolving Maturity Date for an additional six twelve (612) months from the First Extended Maturity Date.
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