Common use of Request for Extension Clause in Contracts

Request for Extension. The Borrower may, by written notice to the Administrative Agent (such notice, an “Extension Notice”) not earlier than 90 days and not later than 30 days prior to the Initial Maturity Date, request that the Revolving Credit Lenders extend the Maturity Date for the Revolving Credit Facility for an additional twelve (12) months from the Initial Maturity Date. The Administrative Agent shall distribute any such Extension Notice to the Revolving Credit Lenders promptly following its receipt thereof.

Appears in 5 contracts

Samples: Credit Agreement (Getty Realty Corp /Md/), Assignment and Assumption (Apple Hospitality REIT, Inc.), Credit Agreement (Getty Realty Corp /Md/)

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Request for Extension. The Borrower may, by written notice to the Administrative Agent (such notice, an “Extension Notice”) not earlier than 90 days and not later than 30 days prior to the Initial Maturity Date, request that the Revolving Credit Lenders extend the Maturity Date for the Revolving Credit Facility for an additional twelve (12) months from the Initial Maturity Date. The Administrative Agent shall distribute any such Extension Notice to the Revolving Credit Lenders promptly following its receipt thereof.

Appears in 4 contracts

Samples: Credit Agreement (American Residential Properties, Inc.), Credit Agreement (American Residential Properties, Inc.), Credit Agreement (American Residential Properties, Inc.)

Request for Extension. The Borrower may, up to two (2) times with respect to the Revolving Credit Facility, by written notice to the Administrative Agent (such notice, an “Extension Notice”) not earlier than 90 ninety (90) days and not later than 30 thirty (30) days prior to the Initial Maturity Date then in effect for the Revolving Credit Facility (the “Existing Maturity Date”), request that the Revolving Credit Lenders extend the then Existing Maturity Date for the Revolving Credit Facility for an additional twelve six (126) months from the Initial such Existing Maturity Date. The Administrative Agent shall distribute any such Extension Notice to the Revolving Credit Lenders promptly following its receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (Getty Realty Corp /Md/), Credit Agreement (Getty Realty Corp /Md/)

Request for Extension. The Borrower mayAt least 30 days but not more than 60 days prior to the Revolving Credit Maturity Date in effect at such time (the “Existing Revolving Credit Maturity Date”), the Borrower, by written notice to the Administrative Agent (such noticeAgent, may request up to two times an “Extension Notice”) not earlier than 90 days and not later than 30 days prior to extension of the Initial Maturity Date, request that the Existing Revolving Credit Lenders extend the Maturity Date for the Revolving Credit Facility for an additional twelve (12) months by one year from the Initial Maturity Date. The Administrative Agent shall distribute any such Extension Notice to the Revolving Credit Lenders promptly following its receipt thereofthen scheduled expiration.

Appears in 1 contract

Samples: Credit Agreement (3d Systems Corp)

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Request for Extension. The Borrower may, by written notice to the Administrative Agent (such notice, an “Extension Notice”) not earlier than 90 days and not later than 30 days prior to the Initial Maturity Date, request that the Revolving Credit Lenders extend the Maturity Date for the Revolving Credit Facility for an additional twelve (12) months from the Initial Maturity Date. The Administrative Agent shall distribute any such Extension Notice to the Revolving Credit Lenders promptly following its receipt thereof.. 72

Appears in 1 contract

Samples: Credit Agreement (Getty Realty Corp /Md/)

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