Common use of Maturity and Extension of Revolving Commitment Clause in Contracts

Maturity and Extension of Revolving Commitment. The Revolving Commitment shall expire and terminate, and all Advances together with accrued and unpaid interest thereon shall become immediately payable on, the date that is 364 days after the date of this Agreement (or 364 days after the effective date of the most recent extension pursuant to this Section 3.4) if (i) the Guarantor requests by notice in writing that the Issuer terminate its Revolving Commitment, or (ii) the Issuer notifies the Guarantor in writing that it intends to terminate its Revolving Commitment, in each case no less than 5 Toronto Business Days prior to such scheduled expiry and termination date, otherwise, the Revolving Commitment shall automatically renew for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate. For certainty, the Revolving Commitment may be automatically renewed pursuant to this Section 3.4 one or more times.

Maturity and Extension of Revolving Commitment. ‌ The Revolving Commitment shall expire and terminate, and all Advances together with accrued and unpaid interest thereon shall become immediately payable on, the date that is 364 days after the date of this Agreement (or 364 days after the effective date of the most recent extension pursuant to this Section 3.4) if (i) the Guarantor requests by notice in writing that the Issuer terminate its Revolving Commitment, or (ii) the Issuer notifies the Guarantor in writing that it intends to terminate its Revolving Commitment, in each case no less than 5 Toronto Business Days prior to such scheduled expiry and termination date, otherwise, the Revolving Commitment shall automatically renew for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate. For certainty, the Revolving Commitment may be automatically renewed pursuant to this Section 3.4 one or more times.

Maturity and Extension of Revolving Commitment. ‌ The Revolving Commitment shall expire and terminate, and all Advances together with accrued and unpaid interest thereon shall become immediately payable on, the date that is 364 days after the date of this Agreement (or 364 days after the effective date of the most recent extension pursuant to this Section 3.4) if (i) the Guarantor requests by notice in writing that the Issuer terminate its Revolving Commitment, or (ii) the Issuer notifies the Guarantor in writing that it intends to terminate its Revolving Commitment, in each case no less than 5 Toronto five Canadian Business Days prior to such scheduled expiry and termination date, otherwise, the Revolving Commitment shall automatically renew for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate. For certainty, the Revolving Commitment may be automatically renewed pursuant to this Section 3.4 one or more times.

Maturity and Extension of Revolving Commitment. The Revolving Commitment shall expire and terminate, and all Advances together with accrued and unpaid interest thereon shall become immediately payable on, the date that is 364 days after the date of this Agreement (or 364 days after the effective date of the most recent extension pursuant to this Section 3.4) if (i) the Guarantor requests by notice in writing that the Issuer terminate its Revolving Commitment, or (ii) the Issuer notifies the Guarantor in writing that it intends to terminate its Revolving Commitment, in each case no less than 5 Toronto Canadian Business Days prior to such scheduled expiry and termination date, otherwise, the Revolving Commitment shall automatically renew for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate. For certainty, the Revolving Commitment may be automatically renewed pursuant to this Section 3.4 one or more times.

Maturity and Extension of Revolving Commitment. The Revolving Commitment shall expire and terminate, and all Advances together with accrued and unpaid interest thereon shall become immediately payable on, the date that is 364 days after the date of this Agreement (or 364 days after the effective date of the most recent extension pursuant to this Section 3.4) if (i) the Guarantor requests by notice in writing that the Issuer terminate its Revolving Commitment, or (ii) the Issuer notifies the Guarantor in writing that it intends to terminate its Revolving Commitment, in each case no less than 5 Toronto five Canadian Business Days prior to such scheduled expiry and termination date, otherwise, the Revolving Commitment shall automatically renew for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate. For certainty, the Revolving Commitment may be automatically renewed pursuant to this Section 3.4 one or more times.. MT DOCS 14908741v6 Intercompany Loan Agreement