Extension of Revolving Credit Termination Date. Borrower may, by notice to Administrative Agent (which shall promptly deliver a copy to each of the Lenders) given at least forty-five (45) days and not more than ninety (90) days prior to the then-existing Revolving Credit Termination Date (the “Existing Termination Date”), subject to the conditions in this Section 1.16, ‑21
Appears in 2 contracts
Samples: Whitestone Credit Agreement (Whitestone REIT), Whitestone Credit Agreement (Pillarstone Capital Reit)
Extension of Revolving Credit Termination Date. (a) During the period commencing not more than 120 days prior to, and ending not less than 30 days prior to, the then effective Revolving Credit Termination Date, the Borrower may, by notice to Administrative Agent (which shall promptly deliver a copy to each of the Lenders) given at least forty-five (45) days and not more than ninety (90) days prior to the then-existing in its sole discretion, extend such Revolving Credit Termination Date up to two times of up to six months each by delivering to the Administrative Agent on each occasion a written notice (the “Existing Termination DateExtension Request”), subject which the Administrative Agent shall distribute promptly to the conditions in this Section 1.16Lenders, ‑21provided that, the Revolving Credit Termination Date, as extended, shall not be later than February 10, 2027.
Appears in 2 contracts
Samples: Credit Agreement (Essential Properties Realty Trust, Inc.), Credit Agreement (Essential Properties Realty Trust, Inc.)