Common use of Extension Documentation Clause in Contracts

Extension Documentation. Subject to Section 3.1(b)(iii)(4), as soon as practicable following any extension of the Maturity Date pursuant to this Section 3.1, Borrower shall, if requested by Administrative Agent, execute and deliver an amendment or restatement of the then existing Notes and shall, if requested by Administrative Agent, enter into such other amendments or modifications to the related then existing Loan Documents as may be necessary or appropriate to evidence the extension of the Maturity Date as provided in this Section 3.1; provided, however, that failure by Borrower to enter into any such amendments and/or restatements (other than as required by Section 3.1(b)(iii)(4)), in and of itself, shall not affect the rights or obligations of Borrower or Administrative Agent with respect to the extension of the Maturity Date.

Appears in 3 contracts

Sources: Credit Agreement (Cole Credit Property Trust II Inc), Credit Agreement (Spirit Realty Capital, Inc.), Credit Agreement (Spirit Realty Capital, Inc.)