Expansion Option Date definition

Expansion Option Date means each date that the Sponsor Borrower Loan is increased pursuant to Section 2.4.3
Sample 1Sample 2
Expansion Option Date means each date that the Loan is increased pursuant to Section 2.4.3
Sample 1
Expansion Option Date means each date that the Commitment is increased pursuant to Section 2.1.2.
Sample 1

Examples of Expansion Option Date in a sentence

  • Upon each Expansion Option Date to the extent such expansion is approved by Lender pursuant to Section 2.4.3, Sponsor shall pay to: (a) Servicer an expansion fee equal to 0.0010 times the Expansion Amount; (b) Lender an expansion fee equal to 0.0005 times the Expansion Amount (together, the “Expansion Fee”).

  • Upon each Expansion Option Date, Borrower shall pay to (a) Servicer an expansion fee equal to 0.0020 times the Expansion Amount, and (b) Lender a non-refundable expansion fee equal to the amount of 0.0005 times the Expansion Amount (collectively, the “Expansion Fee”).

  • Borrower shall have the right at any time to request an increase in the Commitment; if such request occurs on or after the Expansion Option Date or is for amounts in excess of an aggregate amount of TWO HUNDRED FIFTY MILLION and NO/100 Dollars ($250,000,000.00), any such request shall be subject to Lender's approval in its sole discretion and subject to re-pricing and such other conditions as Lender shall require in its sole discretion.

  • Landlord covenants that Landlord shall not lease the Expansion Space to any person under the terms of a lease which would make the Expansion Space unavailable to Tenant as of the Expansion Option Date.

  • Tenant shall be deemed to have waived its rights under this ARTICLE 1.03, unless Tenant notifies Landlord in writing of Tenant's election to exercise this expansion option and executes Landlord's standard form amendment adding the Expansion Space to the Premises at the Prevailing Market Rate, which notice and amendment shall be executed and delivered to Landlord not more than nine (9) months and not less than six (6) months prior to the Expansion Option Date.

  • Tenant shall notify Landlord in writing by Certified Mail at least one hundred eighty (l80) days in advance of Expansion Option Date of its election whether to exercise the option to expand.

  • If Tenant timely and duly delivers to Landlord the Expansion Option Notice by the Expansion Option Date and Tenant also complies with all of the terms and provisions of this Section 43, the term for the Expansion Premises shall be coterminous with the Term of this Lease and begin on the EP Commencement Date.

  • Tenant may exercise Tenant's Option to Expand by delivering notice of Tenant's election to Landlord not later than 180 days before the Expansion Option Date.

  • Upon each Expansion Option Date, Borrower shall pay to Servicer an expansion fee equal to thirty-five basis points (0.0035) times the Minimum Expansion Amount (“Expansion Fee”).

  • Notwithstanding anything to the contrary contained herein, the Expansion Option shall not be available to Tenant nor effective if the Expansion Premises are occupied through the Expansion Option Date defined below.


More Definitions of Expansion Option Date

Expansion Option Date shall have the meaning set forth in Section 2.1(b) hereof.
Sample 1

Related to Expansion Option Date

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Option Period means the period during which an Option may be exercised.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Commencement Date means the date of this Agreement;

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Extension Term means the time period defined in §2.C.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.