Common use of Acquisition of Portfolio Assets Clause in Contracts

Acquisition of Portfolio Assets. No Portfolio Asset may be acquired by the Issuer at any time unless (a) such Portfolio Asset, and the acquisition thereof, complies with the requirements of Section 12.2 and (b) the purchase of such Portfolio Asset is financed with (i) proceeds of the issuance of the Notes or any additional issuance pursuant to Section 2.13 or (ii) Principal Collections.

Appears in 5 contracts

Samples: Indenture (CM Finance Inc), Fourth Amended And (CM Finance Inc), Indenture (CM Finance Inc)

AutoNDA by SimpleDocs

Acquisition of Portfolio Assets. No Portfolio Asset may be acquired by the Issuer at any time unless (a) such Portfolio Asset, and the acquisition thereof, complies with the requirements of Section 12.2 or is expressly required or permitted by the Issuer Contribution Agreement, and (b) the purchase of such Portfolio Asset is financed with (i) proceeds of the issuance of the Notes or any additional issuance pursuant to Section 2.13 (which proceeds shall, pursuant to Section 2.13, be treated as Principal Collections), or (ii) other Principal Collections.

Appears in 2 contracts

Samples: Eighth Supplemental Indenture (Investcorp Credit Management BDC, Inc.), Sixth Supplemental Indenture (CM Finance Inc)

Acquisition of Portfolio Assets. No Portfolio Asset may be acquired by the Issuer at any time unless (a) such Portfolio Asset, and the acquisition thereof, complies with the requirements of Section 12.2 or is expressly required or permitted by the Issuer Sale and Contribution Agreement, and (b) the purchase of such Portfolio Asset is financed with (i) proceeds of the issuance and any subsequent funding of the Class A Notes or any additional issuance pursuant to Section 2.13 or (which proceeds shall, pursuant to Section 2.13, be treated as Principal Collections), (ii) other Principal Collections, or (iii) Interest Collections.

Appears in 1 contract

Samples: Indenture (BC Partners Lending Corp)

AutoNDA by SimpleDocs

Acquisition of Portfolio Assets. No Portfolio Asset may be acquired by the Issuer at any time unless (a) such Portfolio Asset, and the acquisition thereof, complies with the requirements of Section 12.2 or is expressly required or permitted by the Issuer Sale and Contribution Agreement, and (b) the purchase of such Portfolio Asset is financed with (i) proceeds of the issuance and any subsequent funding of the Notes or any additional issuance pursuant to Section 2.13 or (which proceeds shall, pursuant to Section 2.13, be treated as Principal Collections), (ii) other Principal Collections, or (iii) Interest Collections.

Appears in 1 contract

Samples: Indenture (BC Partners Lending Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!