Common use of Extension of Final Maturity Date Clause in Contracts

Extension of Final Maturity Date. The Final Maturity Date is -------------------------------- hereby extended to July 1, 2000. Pursuant to the provisions of Section 2.17(b) of the Credit Agreement, an extension fee in the amount of 0.25% of the Commitments is due and payable by the Borrower on the date hereof, but no extension fee is payable with respect to the $50,000,000 increase in the Commitments provided for in Paragraph 2(a) above.

Appears in 1 contract

Sources: Revolving Credit Agreement (Sunstone Hotel Investors Inc)

Extension of Final Maturity Date. The Final Maturity Date is -------------------------------- hereby extended to July 1, 2000. Pursuant to the provisions of Section 2.17(b) of the Credit Agreement, an extension fee in the amount of 0.25% of the Commitments is due and payable by the Borrower on the date hereof, but no extension fee is payable with respect to the $50,000,000 increase in the Commitments provided for in Paragraph 2(a) above. 3 327 4. Modification of Section 2.17. Section 2.17 is hereby amended by changing the reference "thirty (30) days" in each place in which it occurs to "forty-five (45) days".

Appears in 1 contract

Sources: Revolving Credit Agreement (Sunstone Hotel Investors Inc)