Extension Option definition

Extension Option shall have the meaning set forth in Section 2.5(c) hereof.
Extension Option means the First Extension Option, the Second Extension Option, or the Third Extension Option, as applicable.
Extension Option has the meaning set forth in Section 3.02.

Examples of Extension Option in a sentence

  • For the avoidance of doubt, the Borrower shall not have the right to elect the Twelve-Month Extension Option if the Borrower has previously exercised a Six-Month Extension Option.

  • Such Extension Fee shall be fully earned and due and payable in full on the date the applicable Extension Option is effective.

  • The Borrower may exercise each Extension Option only by executing and delivering to the Administrative Agent at least sixty (60) days, but not more than one hundred eighty (180) days, prior to the then-current Revolving Credit Maturity Date, a written request for such extension (an “Extension Request”).


More Definitions of Extension Option

Extension Option is defined in Section 3.1(b).
Extension Option has the meaning specified in Section 2.15.
Extension Option has the meaning set forth in Section 2.9.
Extension Option as defined in Section 2.20.
Extension Option. As such term is defined in Section 2.4.
Extension Option is defined in Section 2.5.
Extension Option shall have the meaning set forth in Section 3(b) hereof.