Extension Conditions definition

Extension Conditions means the following:

Extension Conditions. “Extension Fee”, “Extension Notice”, and “Extension Option” have the respective meanings set forth in Section 2.13(a) hereof.

Extension Conditions shall have the meaning specified in Section 3(e) of this Agreement.

Extension Conditions means (a) no Event of Default as defined under the Management Agreements by any FVE Party shall have occurred and be continuing, and (b) the FVE Parties shall have simultaneously exercised their rights to extend the terms of all Management Agreements on similar terms and in accordance with their terms.

Extension Conditions is defined in Section 2.4(b).

Extension Conditions means, as a condition to Tenant exercising each Extension Option: (a) Tenant gives Landlord written notice no less than eight (8) months prior to the commencement of the Extension Term, as applicable, that Tenant is exercising the Extension Option; (b) at the date the applicable Extension Option is exercised, and at the commencement of the Extension Term, as applicable, no Event of Default has occurred and is continuing; and (c) Tenant has not been more than ten (10) days late in the payment of any or all rent more than a total of three (3) times for all periods prior to the commencement of the Extension Term.

Extension Conditions shall have the meaning specified in Section 3(p).

Extension Conditions. (a) on or prior to the applicable extension date, Kimco shall have paid to the Administrative Agent for the ratable account of the Lenders (i) in connection with the extension of the Facility to the First Extended Maturity Date, a nonrefundable extension fee in an amount equal to 0.10% of the aggregate amount of the Loans outstanding at the time of the applicable extension date and (ii) in connection with the extension of the Facility to the Second Extended Maturity Date or the Third Extended Maturity Date, as applicable, a nonrefundable extension fee in an amount equal to 0.075% of the aggregate amount of the Loans outstanding at the time of the applicable extension date; (b) each of the representations and warranties made by Kimco in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of the applicable extension date as if made on and as of such date except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date; (c) no Default or Event of Default shall have occurred and be continuing on the date of such notice or as of the applicable extension date; and (d) Kimco would be in compliance with each financial covenant set forth in paragraphs (a) through (f) of Section 7.1 if the ratio or amount referred to therein were to be calculated as of the applicable extension date (provided that for the purposes of determining such compliance, Gross Asset Value and, for the avoidance of doubt, the ratios set forth in Section 7.1(e) and (f), shall be determined for the most recent Test Period as to which a compliance certificate has been delivered pursuant to Section 6.2(b)). For purposes hereof and of Section 10.9, the term “applicable extension date” shall mean, in connection with any extension of the Maturity Date pursuant to Section 10.9, the first date upon which both of the following shall have occurred: (a) Kimco shall have delivered its Maturity Extension Notice with respect to such extension and (b) Kimco shall have made the applicable payment described in clause (a) of the previous sentence in respect of such extension.

Extension Conditions means the conditions to Lender's extension of the due date of the Obligations set forth in Section 4 of this Agreement.