Common use of Maturity and Extension of Total Credit Commitment Clause in Contracts

Maturity and Extension of Total Credit Commitment. Unless otherwise agreed in writing between the Guarantor LP and the Issuer, the Total Credit 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) unless (i) no more than 90 and no less than 60 days prior to such expiry and termination date, the Guarantor LP requests by notice in writing that the Issuer extend its Total Credit Commitment for a further period of 364 days effective as of the date such commitment would otherwise expire and terminate, and (ii) no less than 30 days prior to such expiry and termination date, the Issuer has accepted such request by notice in writing to the Guarantor LP. For certainty, Total Credit Commitment may be extended pursuant to this Section 3.4 one or more times.