Common use of Extended Maturity Date Option Clause in Contracts

Extended Maturity Date Option. Not more than 120 days and not less than 60 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to the Extended Maturity Date. Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 5 contracts

Samples: Assignment and Assumption (Tanger Properties LTD Partnership /Nc/), Credit Agreement (Tanger Properties LTD Partnership /Nc/), Credit Agreement (Tanger Properties LTD Partnership /Nc/)

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Extended Maturity Date Option. Not more than 120 90 days and not less than 60 days prior to the Initial Maturity Date, the Borrower Borrowers may request in writing that the Lenders extend the term of this Agreement (in respect of both the Revolving Credit Facility and the Term A Facility (if not previously terminated)) to April 24, 2013 (the end of such period being the “Extended Maturity Date”). Such extension option Each Lender agrees that the Maturity Date for the Facilities shall be extended following such a request from the Borrowers subject to the satisfaction of the following requirementsterms and conditions:

Appears in 2 contracts

Samples: Pledge Agreement (Government Properties Income Trust), Credit Agreement (Government Properties Income Trust)

Extended Maturity Date Option. Not more than 120 90 days and not less than 60 30 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to for an additional one hundred eighty (180) day period (the end of such period being the “Extended Maturity Date”). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 2 contracts

Samples: Credit Agreement (Wells Real Estate Investment Trust Ii Inc), Credit Agreement (Wells Real Estate Investment Trust Ii Inc)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 90 days prior to the Initial Maturity Date, the Principal Borrower may (on behalf of all then-existing Borrowers) request in writing that the Lenders extend the term of this Agreement to for an additional twelve (12) calendar month period (the end of such period being the “Extended Maturity Date”). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

Extended Maturity Date Option. Not more than 120 days and not less than 60 thirty (30) days prior to the Initial Existing Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to the next occurring Extended Maturity Date. Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Bridge Term Loan Agreement (Tanger Properties LTD Partnership /Nc/)

Extended Maturity Date Option. Not more than 120 90 days and not less than 60 30 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to May 23, 2012 (the end of such period being the “Extended Maturity Date”). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Cole Credit Property Trust II Inc)

Extended Maturity Date Option. Not more than 120 90 days and not less than 60 30 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to the Extended Maturity Date. Such extension option shall be subject solely to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/)

Extended Maturity Date Option. Not more than 120 90 days and not less than 60 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement by one (1) additional year to June 3, 2015 (the Extended Maturity Date”) so long as no Default exists at the time of such request. Such extension option Each Lender agrees that the Maturity Date shall be extended following such a request from the Borrower subject to the satisfaction of the following requirementsterms and conditions:

Appears in 1 contract

Samples: Credit Agreement (Pebblebrook Hotel Trust)

Extended Maturity Date Option. Not more than 120 one hundred eighty (180) days and not less than 60 forty-five (45) days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement by one (1) additional year to the third anniversary of the date hereof (the end of such period being the “Extended Maturity Date”). Such extension option Each Lender agrees that the Maturity Date shall be extended following such a request from the Borrowers subject to the satisfaction of the following requirementsterms and conditions:

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 days prior to the Initial Maturity Date, the Borrower may (on behalf of all then-existing Borrower Parties) request in writing that the Lenders extend the term of this Agreement to for an additional twelve (12) calendar month period (the end of such period being the "Extended Maturity Date"). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Cousins Properties Inc)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to for an additional twelve (12) calendar month period (the end of such period being the "Extended Maturity Date"). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Construction Facility Credit Agreement (Cousins Properties Inc)

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Extended Maturity Date Option. Not more than 120 ninety (90) days and not less than 60 thirty (30) days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to the Extended Maturity DateDate so long as no Default exists at the time of such request. Such extension option Each Lender agrees that the Maturity Date shall be extended following such a request from the Borrower subject to the satisfaction of the following requirementsterms and conditions:

Appears in 1 contract

Samples: Credit Agreement (Pebblebrook Hotel Trust)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to for an additional ten (10) calendar month period (the end of such period being the "Extended Maturity Date"). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Cousins Properties Inc)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 90 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement by one (1) additional year to the fourth anniversary of the date hereof (the end of such period being the “Extended Maturity Date”). Such extension option Each Lender agrees that the Maturity Date shall be extended following such a request from the Borrower subject to the satisfaction of the following requirementsterms and conditions:

Appears in 1 contract

Samples: Credit Agreement (Pebblebrook Hotel Trust)

Extended Maturity Date Option. Not more than 120 180 days and not less than 60 120 days prior to the Initial Maturity Date, the Borrower may request in writing that the Lenders extend the term of this Agreement to for an additional twelve (12) calendar month period (the end of such period being the “Extended Maturity Date”). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Wells Real Estate Investment Trust Inc)

Extended Maturity Date Option. Not more than 120 90 days and not less than 60 30 days prior to the Initial Maturity Date, the Principal Borrower may (on behalf of all then-existing Borrowers) request in writing that the Lenders extend the term of this Agreement to May 1, 2010 (the end of such period being the “Extended Maturity Date”). Such extension option shall be subject to the satisfaction of the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

Extended Maturity Date Option. Not more than 120 days and not less than 60 forty-five (45) days prior to the Initial original Maturity Date, the Borrower may request in writing that the Lenders Agent extend the term of this Agreement (if not previously terminated) to January 31, 2014 (the end of such period being the “Extended Maturity Date”). Such extension option Each Lender agrees that the Maturity Date of the Loans shall be extended following such a request from the Borrower subject to the satisfaction of the following requirementsterms and conditions:

Appears in 1 contract

Samples: Assignment and Assumption (American Realty Capital Trust, Inc.)

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