Common use of Extension of Maturity Date Clause in Contracts

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 31, 2008, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 2 contracts

Samples: Loan Agreement (Meruelo Maddux Properties, Inc.), Loan Agreement (Meruelo Maddux Properties, Inc.)

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Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31November 7, 20082017, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 2 contracts

Samples: Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31May 25, 20082016, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust Inc)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the initial Maturity Date to October 3115, 20082020, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Mid-America Apartments, L.P.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31November 7, 20082018, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement and Other Loan Documents (MedEquities Realty Trust, Inc.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 3125, 2008, 2015 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Behringer Harvard Reit I Inc)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31May 1, 20082010, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Republic Property Trust)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31April 19, 2008, 2028 upon satisfaction of all of the following conditions precedent, which must be satisfied prior to the effectiveness of any the extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option option, in its sole discretion, to extend the Maturity Date to October 31December 29, 20082010, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Gladstone Commercial Corp)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31September 19, 20082018, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (STORE CAPITAL Corp)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Initial Maturity Date on a single occasion for a 12-month term, to October 31August 14, 20082021, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any such extension of the Initial Maturity Date:

Appears in 1 contract

Samples: Revolving Credit Agreement (NexPoint Strategic Opportunities Fund)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 31September 5, 20082024, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31September 19, 20082018,22, 2020, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (STORE CAPITAL Corp)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31November 17, 20082002 (the "Extended Maturity Date"), upon satisfaction of the following conditions precedent, which must be satisfied prior to precedent on or before the effectiveness of any extension of the initial Maturity Date:

Appears in 1 contract

Samples: Term Loan Agreement (New Plan Excel Realty Trust Inc)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31December 28, 2008, 2022 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Jernigan Capital, Inc.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Initial Maturity Date to October January 31, 20082020, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the then applicable Maturity Date:

Appears in 1 contract

Samples: Term Loan Agreement (Retail Opportunity Investments Partnership, LP)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date described in clause (b) thereof to October 31December 1, 20082020, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 31August 11, 2008, 2008 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any such extension of the Maturity Date:

Appears in 1 contract

Samples: Revolving Loan Agreement (BioMed Realty Trust Inc)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31November 13, 20082017, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (NorthStar Healthcare Income, Inc.)

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Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option (the “Extension Option”) to extend the Initial Maturity Date to October 3124, 20082012 (“Extended Maturity Date”), upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Datesuch extension:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31MarchOctober 1, 2008, 2021 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:: 51 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17

Appears in 1 contract

Samples: Credit Agreement (Condor Hospitality Trust, Inc.)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31December 3, 20082018, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (GTJ REIT, Inc.)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31June 29, 2008, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Revolving Credit Agreement (New Plan Excel Realty Trust Inc)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 31September 17, 20082019, and then to September 17, 2020, upon satisfaction or waiver (with any such waiver requiring the approval of all of the Lenders) of the following conditions precedent, which must be satisfied (or so waived) prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Independence Realty Trust, Inc)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31August 25, 20082011, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Revolving Credit Agreement (New Plan Excel Realty Trust Inc)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 314, 20082021, upon satisfaction or waiver of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)

Extension of Maturity Date. (a) The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31August 9, 2008, 2024 upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement and Other Loan Documents (New Senior Investment Group Inc.)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the Maturity Date to October 31December 13, 20082022 (such period, the “Extension Period”) upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Management Agreement (New Senior Investment Group Inc.)

Extension of Maturity Date. The Borrowers shall have the one-time right and option to extend the Maturity Date to October 31July 30, 2008, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Loan Agreement (Meruelo Richard)

Extension of Maturity Date. The Borrowers Borrower shall have the one-time right and option to extend the initial Maturity Date to October 31November 1, 20082016, upon satisfaction of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Maturity Date:

Appears in 1 contract

Samples: Credit Agreement (Mid America Apartment Communities Inc)

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