Extension of Revolving Credit Maturity Date. The Borrower shall have one (1) option to extend (the “Option to Extend”) the Revolving Credit Maturity Date by one (1) year upon satisfaction of each of the following conditions precedent:
Appears in 5 contracts
Samples: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)
Extension of Revolving Credit Maturity Date. The (a) Borrower shall have one (1x) the one-time right and option to extend (the “Option to Extend”) the Revolving Credit Maturity Date by one (1) year to April 27, 2023, upon satisfaction of each of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:
Appears in 4 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have one (1) the right and option to extend (the “Option to Extend”) the Revolving Credit Maturity Date in respect of the Total Revolving Credit Commitment or portion thereof in accordance with §2.4 (as determined by one the Borrower in its sole discretion) a total of two (12) year times for a period of six (6) months each time upon satisfaction of each of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:
Appears in 3 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Extension of Revolving Credit Maturity Date. The Borrower shall have one (1) the one-time right and option to extend (the “Option to Extend”) the Revolving Credit Maturity Date by one (1) year to December 11, 2011, upon satisfaction of each of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)
Extension of Revolving Credit Maturity Date. The Borrower shall have one (1) option to extend (the “Option to ExtendExtend (Revolver)”) the Revolving Credit Maturity Date by one (1) year upon satisfaction of each of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)
Extension of Revolving Credit Maturity Date. The Borrower shall have one (1) the right and option to extend (the “Option to Extend”) the Revolving Credit Maturity Date by one in respect of the Total Revolving Credit Commitment or portion thereof, if reduced in accordance with §2.4, a total of two (12) year times for a period of twelve (12) months each upon satisfaction of each of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:
Appears in 2 contracts
Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.)
Extension of Revolving Credit Maturity Date. The Subject to the provisions of this Section 2.08(e), Borrower shall have one two (12) option options to extend (the “Option to Extend”) the Revolving Credit Maturity Date by for one (1) year upon periods each, subject to the satisfaction of each of the following conditions precedentconditions:
Appears in 1 contract
Samples: Credit Agreement (Jones Lang LaSalle Income Property Trust, Inc.)
Extension of Revolving Credit Maturity Date. (a) The Borrower shall have one (1) the right and option to extend (the “Option to Extend”) the Revolving Credit Maturity Date by a total of two (2) times for a period of one (1) year each time upon satisfaction of each of the following conditions precedent, which must be satisfied prior to the effectiveness of any extension of the Revolving Credit Maturity Date:
Appears in 1 contract
Samples: Senior Unsecured Credit Agreement (American Realty Capital Healthcare Trust Inc)
