Extension definition
Examples of Extension in a sentence
All indemnities set forth herein shall survive the execution and delivery of this Credit Agreement, the making of any Credit Extension and the repayment of the Loans and other Borrower Obligations and the termination of the Commitments hereunder.
The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is 15 days prior to the applicable Extension Date (or, if such date is not a Business Day, on the immediately preceding Business Day).
No Default or Event of Default shall exist and be continuing either prior to or after giving effect to such Credit Extension.
Notwithstanding anything to the contrary set forth in the Lease, Tenant shall have one (1) remaining Extension Option to extend the Term for five (5) years pursuant to Paragraph 34.B to the Original Lease.
For the period commencing on the Second Extension Date and ending on the Second Extended Expiration Date, Tenant shall pay all Additional Rent payable under the Lease, including NNN Charges in accordance with the terms of the Lease, as amended hereby.