Third Option to Extend definition

Third Option to Extend means Borrower’s option, subject to the terms and conditions of Section 2.11, to extend the term of the Loan from the Second Extended Maturity Date to the Third Extended Maturity Date. Loan No. 1005062
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Third Option to Extend. – means Borrower’s option, subject to the terms and conditions of Section 2.10, to extend the term of the Loan from the Second Extended Maturity Date to the Third Extended Maturity Date.
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Third Option to Extend has the meaning given that term in Section 2.10.
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Examples of Third Option to Extend in a sentence

  • In the event Tenant exercises its Third Option to Extend as provided for in Paragraph 3 above, the following amendments (contained within Paragraphs 9 through 19) are herein made to the Lease to be effective upon the commencement of the third option period (“Third Option Period”), or during any period following expiration of the Lease Term or expiration of the Lease when Tenant is in possession of the Premises.

  • In the event Tenant exercises its Third Option to Extend as provided for in Paragraph 4 above, the following amendments (contained within Paragraphs 9 through 18) are herein made to the Lease to be effective upon the commencement of the third option period (“Third Option Period”), or during any period following the expiration of the Lease Term or expiration of the Lease when Tenant is in possession of the Premises.

  • In the event Tenant exercises its Third Option to Extend as provided for in Paragraph 3 above, the following amendments (contained within Paragraphs 9 through 19) are herein made to the Lease to be effective upon the commencement of the third option period (“Third Option Period”), or during any period following the expiration of the Lease Term or expiration of the Lease when Tenant is in possession of the Premises.

Related to Third Option to Extend

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

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

  • 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.

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

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

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

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

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

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

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

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.

  • Option to Purchase has the meaning set forth in Section 13.1.

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

  • Renewal Notice As defined in Section 1.4(a).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

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

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

  • Base Term Beginning (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 August 31, 2024.”

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of: