Conditions for Extension definition

Conditions for Extension means the provision by Borrower to the Bank of evidence satisfactory to the Bank of Borrower's compliance with the following:
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Conditions for Extension means as defined in Section 2.4.
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Conditions for Extension. Shall have the meaning set forth in Section 3 hereof.
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Examples of Conditions for Extension in a sentence

  • If the Conditions for Extension are satisfied prior to the initial Expiration Date and remain satisfied on the date of exercise by Borrower of the Extension Option and on the date of the commencement of the Extension Period, the Borrower shall have the right to extend the Expiration Date for an additional period of twelve (12) months.

  • If the Conditions for Extension are satisfied on the date of exercise by Borrower of an Extension Option and remain satisfied immediately prior to the commencement of the applicable Extension Period (except that with respect to the Second Extension Period the Extension LTV Test will not be a Condition for Extension), the Borrower shall have the right to extend the Expiration Date to the last day of the First Extension Period or the Second Extension Period, as applicable.

  • In the event that, for any reason, the Borrower fails to satisfy any of the Conditions for Extension, the Loan shall mature and be due and payable in full on the original Expiration Date.


More Definitions of Conditions for Extension

Conditions for Extension means the following conditions: (a) no Remedies Event (as defined in the Construction Loan Agreement), shall have occurred and be continuing; (b) no Conditional Default shall have occurred which shall remain uncured on the date of the commencement of the applicable Extension Period; (c) the applicable Extension Fee shall be paid by the Borrower to the Bank simultaneously with the exercise of the applicable Extension Option; (d) on or before
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Related to Conditions for Extension

  • Request for Exclusion means a Class Member’s submission of a written request to be excluded from the Class Settlement signed by the Class Member.

  • Time for Completion means the time for completing the Works as stated in the Contract Data (or as extended under Sub-Clause 7.3), calculated from the Commencement Date.

  • For example An employee’s spouse, who is not an NTPS employee, gives birth to a child and is off work for six weeks after the child is born as the primary caregiver. The NTPS employee (the child’s other parent) has over five years of continuous service and takes two weeks paid partner leave when the baby is born. When the child is six weeks old the employee’s spouse returns to her non-NTPS job and the NTPS employee takes longer partner leave to take over care of the couple’s child. NTPS employee would be paid for 12 weeks of the longer partner leave after providing evidence showing that their spouse had ceased to be primary caregiver. This payment covers the period from the seventh to the eighteenth week following the birth of the child.

  • Annual Review means the process as set out in Clause 2.2 below and refers to the annual process of reviewing information and provisions of this Agreement in the light of legal and other changes at the School or the payment history of the parent/guardian. This is known as re- registration.

  • Corporate governance annual disclosure means a report an insurer or insurance group files in accordance with the requirements of Chapter 16b, Corporate Governance Annual Disclosure Act.