Common use of Second Extension Option Clause in Contracts

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right to extend the First Extended Maturity Date to the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all of the following requirements are satisfied:

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right (the “Second Extension Option”) to extend the First Extended Maturity Date for twelve (12) months to the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred Date, subject to herein as the “Second Extension Term”), provided that all fulfillment of the following requirements are satisfiedconditions:

Second Extension Option. Provided Borrower has properly exercised Subject to the First Extension Optionprovisions of this Section 2.15, the Borrower shall have the right option to extend the Maturity Date then in effect hereunder (the “First Extended Maturity Date to Date”), for an additional one (1) year from the Second First Extended Maturity Date (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all subject to the satisfaction of each of the following requirements are satisfiedconditions:

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right to extend the Maturity Date from the First Extended Maturity Date to the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all subject to Borrower’s satisfaction of the following requirements are satisfiedconditions:

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right option (the “Second Extension Option”) to extend the First first Extended Maturity Date to the Second Extended Maturity Date (upon satisfaction of the “Second Extension Option”; and the period commencing on following conditions precedent which must be satisfied prior to the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all of the following requirements are satisfiedDate:

Second Extension Option. Provided To the extent Borrower has properly exercised exercises the First Extension Option, Borrower shall have the right and option to extend the First Extended Extension Maturity Date to a date ending upon the expiration of the Second Extended Maturity Date Extension Period (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “). The Second Extension Term”), provided that Option shall be granted to Borrower only if all of the following requirements are satisfied:conditions have been simultaneously satisfied as of the commencement date of the Second Extension Period (unless an earlier date is specified hereinbelow):

Second Extension Option. Provided Borrower If the Initial Maturity Date has properly exercised been extended to the First Extended Maturity Date, Borrower will have a one (1) time option to extend (“Second Extension Option, Borrower shall have the right to extend ”) the First Extended Maturity Date to the Second Extended Maturity Date Date, if (and only if) each of the following conditions (collectively, the “Second Extension OptionConditions”; and ) have been satisfied within the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all of the following requirements are satisfiedapplicable time periods:

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right to extend the First Extended Maturity Date to the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the first (1st) day following the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all of the following requirements conditions are satisfied:

Second Extension Option. Provided In the event Borrower has properly exercised the First Extension Optionits option described in Section 2.3(a) to Lender’s satisfaction, then Borrower shall have the right and option to extend the First Extended Maturity Date to a date ending upon the expiration of the Second Extended Maturity Date Extension Period (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “). Such Second Extension Term”), provided that Option shall be granted to Borrower only if all of the following requirements are satisfied:conditions have been simultaneously satisfied as of the commencement date of the Second Extension Period (unless an earlier date is specified hereinbelow)

Second Extension Option. Provided In the event Borrower has properly exercised the First Extension Optionits option described in Section 2.3(a) to Lender’s satisfaction, then Borrower shall have the right and option to extend the First Extended Maturity Date to a date ending upon the expiration of the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred Period. Such Section Extension Option shall be granted to herein as the “Second Extension Term”), provided that Borrower only if all of the following requirements are satisfied:conditions have been simultaneously satisfied as of the commencement date of the Second Extension Period (unless an earlier date is specified hereinbelow)

Second Extension Option. Provided Borrower has properly exercised the First Extension Option, Borrower shall have the right to extend the First Extended Fixed Maturity Date to the Second Extended Maturity Date (the “Second Extension Option”; and the period commencing on the first (1st) day following the First Extended Maturity Date and ending on the Second Extended Maturity Date being referred to herein as the “Second Extension Term”), provided that all of the following requirements conditions are satisfied: