First Extension Option Sample Clauses

First Extension Option. Borrower shall have the right to extend the Initial Maturity Date to the First Extended Maturity Date (the “First Extension Option”; and the period commencing on the Initial Maturity Date and ending on the First Extended Maturity Date being referred to herein as the “First Extension Term”), provided that all of the following requirements are satisfied:
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First Extension Option. At the written request of Borrower made at least sixty (60) but not more than one hundred twenty (120) days prior to the Initial Maturity Date, the Maturity Date shall be extended to the one-year anniversary of the Initial Maturity Date (the “First Extended Maturity Date”) provided that the following conditions are satisfied:
First Extension Option. Tenant shall have the option to extend this Lease (the “First Extension Option”) for one additional term of five (5) years (the “First Extension Period”), upon the terms and conditions hereinafter set forth:
First Extension Option. Solely in the case of the First Extension Option, subject to satisfaction of the following conditions, the Termination Date with respect to all Commitments shall be extended for one year (as so extended, the “First Extended Termination Date”) effective upon receipt by the Administrative Agent of the Extension Request in connection with the First Extension Option and payment of the fee referred to in the following clause (ii): (i) immediately prior to such extension and immediately after giving effect thereto, (x) no Default or Event of Default shall exist and (y) the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall be true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of the date of such extension with the same force and effect as if made on and as of such date except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Loan Documents, (ii) the Borrower shall have paid the Fees payable under Section 3.5.(d), and (iii) (x) the 6.75% Senior Notes shall have been paid in full or refinanced pursuant to a Qualified Refinancing Issuance, and (y) the Term Loans shall have been repaid in full. At any time prior to the effectiveness of the First Extension Option, upon the Administrative Agent’s request, the Borrower shall deliver to the Administrative Agent a certificate from the chief executive officer or chief financial officer certifying the matters referred to in the immediately preceding clauses (i)(x) and (i)(y).
First Extension Option. If this Lease has not been terminated, Tenant may extend this Lease for a period of five (5) years (the First Extension Term) beginning immediately after the Term, upon the same terms and conditions of the Lease, except that:
First Extension Option. At the written notice of the Borrowers delivered to the Administrative Agent not less than forty-five days (45) and not more than ninety (90) days in advance of the Term Maturity Date, the Term Maturity Date shall be extended to the one-year anniversary of the Term Maturity Date (the “First Extended Maturity Date”) provided that the following conditions are satisfied:
First Extension Option. Borrower shall have the right to extend the Scheduled Maturity Date to June 1, 1999 (the period commencing on the first (1st) day following the original Scheduled Maturity Date and ending on June 1, 1999 being referred to herein as the "First Extension Term"), provided that: (i) Borrower shall have given Lender its written notice of such extension (an "Extension Notice") not less than thirty (30) days nor more than ninety (90) days prior to the original Scheduled Maturity Date; (ii) on or before the date of the commencement of the First Extension Term (the "First Extension Commencement Date"), Borrower shall have paid or caused to be paid to Lender a non-refundable extension fee equal to one percent (1.00%) of the Loan Amount; and (iii) no Event of Default shall have occurred and be continuing at the time of the delivery of the Extension Notice with respect to the First Extension Term or on the First Extension Commencement Date. In the event the original Scheduled Maturity Date is extended by the First Extension Term in accordance with the terms hereof, thereafter, all references herein and in any of the other Loan Documents (except any such references in this Section 2.2.2 to the "Scheduled Maturity Date" shall be deemed to refer to the last day of the First Extension Term. 2.2.3
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First Extension Option. (a) Vodafone may by notice to the Agent (the “First Extension Request”) not more than 60 days and not less than 30 days before the first anniversary of the date of this Agreement (the “First Anniversary”), request that the Final Maturity Date be extended to the date which is six years after the date of this Agreement (the “Sixth Anniversary”).
First Extension Option. 1.1 (a) Tenant shall have the right to extend the Term of this Lease for an additional term of five (5) years commencing on the day following the expiration of the initial Term of this Lease (hereinafter referred to as the "Commencement Date of the First Extension Term") and ending on the day preceding the fifth anniversary of the Commencement Date of the First Extension Term (such additional term is hereinafter called the "First Extension Term") provided that:
First Extension Option. 60 42. SECOND EXTENSION OPTION............................................................................... 61
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