The Borrowers’ option to extend the Maturity Date for the Extension Term shall be subject to the following conditions being satisfied by the Borrowers at their sole expense to the satisfaction of the Agent and the Lender:

Subject to the conditions set forth in this [Section 2.1.5], the Borrowers shall have one option to extend the Maturity Date forDate. If properly exercised as provided herein, the Extension Termoption shall be subjectextend the Maturity Date to the following conditions being satisfied byExtended Maturity Date (such extension period, the Borrowers at their sole expense to the satisfaction of the Agent and the Lender:“Extension Term”).